AltMountain

FSTK Fr LP

Solana Beach, CA · CIK 2139218 · Managed by Karmel Capital Management LLC
Emerging

FSTK Fr LP is a private equity fund based in Solana Beach, California. According to its most recent Form D, filed Jun 11, 2026, it has sold $42,000,000 of interests to 2 investors since its first sale in Jun 2026. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Christian Buckley; Karmel Capital Management LLC; FSTK Fr GP LLC.

Total raised
$42,000,000Cumulative sales reported on Form D
Investors
2
First sale
Jun 1, 2026
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Christian Buckley; Karmel Capital Management LLC; FSTK Fr GP LLC
Latest Form D
Jun 11, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about FSTK Fr LP

What is the minimum investment for FSTK Fr LP?

FSTK Fr LP's latest Form D, filed Jun 11, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in FSTK Fr LP?

FSTK Fr LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has FSTK Fr LP raised?

FSTK Fr LP reports $42,000,000 sold from 2 investors on its Form D filed Jun 11, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is FSTK Fr LP based?

FSTK Fr LP is based in Solana Beach, California and is managed by Karmel Capital Management LLC.

When did FSTK Fr LP launch?

FSTK Fr LP reports its first sale in Jun 2026, 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 private equity fund

Raised more than 80% of the 1,777 private equity funds based in California, and more than 61% of all 9,142 that report sales.

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