Govplus Fund AI LP

Dallas, TX · CIK 1433851

Status: no Form D since Feb 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Govplus Fund AI LP is a hedge fund based in Dallas, Texas. According to its most recent Form D, filed Feb 17, 2021, the fund has sold $66,304,047 of interests to 85 investors since its first sale in Jan 2007. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Norcom; James Walters; NorCap Management, L.P.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

Is this your fund? Report your monthly returns · How performance works

Total raised: $66,304,047Cumulative sales reported on Form D
Investors: 85
First sale: Jan 1, 2007
Minimum investment: $250,000
Who can invest: Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption: Rule 506(b)No general advertising
Key people and entities: David Norcom; James Walters; NorCap Management, L.P
Latest Form D: Feb 17, 2021

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 Govplus Fund AI LP

What is the minimum investment for Govplus Fund AI LP?

According to its latest Form D, filed Feb 17, 2021, the minimum investment Govplus Fund AI LP accepts from an outside investor is $250,000.

Who can invest in Govplus Fund AI LP?

Govplus Fund AI 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(b), which does not allow general advertising.

How much has Govplus Fund AI LP raised?

Govplus Fund AI LP reports $66,304,047 sold from 85 investors on its Form D filed Feb 17, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Govplus Fund AI LP based?

Govplus Fund AI LP is based in Dallas, Texas.

When did Govplus Fund AI LP launch?

Govplus Fund AI LP reports its first sale in Jan 2007.