Field Elevate Fund LP is a hedge fund based in Durham, North Carolina. According to its most recent Form D, filed Oct 14, 2026, the fund has sold $3,926,106 of interests to 26 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $1. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Field; Nick Beaird.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $3,926,106Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Sep 1, 2022
- Minimum investment
- $1
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Michael Field; Nick Beaird
- Latest Form D
- Oct 14, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Field Elevate Fund LP
What is the minimum investment for Field Elevate Fund LP?
According to its latest Form D, filed Oct 14, 2026, the minimum investment Field Elevate Fund LP accepts from an outside investor is $1.
Who can invest in Field Elevate Fund LP?
Field Elevate Fund LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Field Elevate Fund LP raised?
Field Elevate Fund LP reports $3,926,106 sold from 26 investors on its Form D filed Oct 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Field Elevate Fund LP based?
Field Elevate Fund LP is based in Durham, North Carolina.
When did Field Elevate Fund LP launch?
Field Elevate Fund LP reports its first sale in Sep 2022, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 28% of the 75 hedge funds based in North Carolina, and more than 13% of all 10,308 that report sales.