AltMountain

Grunion Fund LP

La Jolla, CA · CIK 1420884
Status: no Form D since Feb 2011. 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.

Grunion Fund LP is a hedge fund based in La Jolla, California. According to its most recent Form D, filed Feb 3, 2011, the fund has sold $25,300,000 of interests to 42 investors since its first sale in Jan 2007. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Grunion Capital Management, LLC; Mark Sottosanti.

Performance

No 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
$25,300,000Cumulative sales reported on Form D
Investors
42
First sale
Jan 1, 2007
Minimum investment
$500,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
Grunion Capital Management, LLC; Mark Sottosanti
Latest Form D
Feb 3, 2011

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 Grunion Fund LP

What is the minimum investment for Grunion Fund LP?

According to its latest Form D, filed Feb 3, 2011, the minimum investment Grunion Fund LP accepts from an outside investor is $500,000.

Who can invest in Grunion Fund LP?

Grunion 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).

How much has Grunion Fund LP raised?

Grunion Fund LP reports $25,300,000 sold from 42 investors on its Form D filed Feb 3, 2011. This is cumulative sales since the offering began, not current assets or performance.

Where is Grunion Fund LP based?

Grunion Fund LP is based in La Jolla, California.

When did Grunion Fund LP launch?

Grunion Fund LP reports its first sale in Jan 2007.

Size compared with every hedge fund

Raised more than 46% of the 1,049 hedge funds based in California, and more than 34% of all 10,129 that report sales.

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