HB Prometheus, LLC is a private investment fund based in Edina, Minnesota. According to its most recent Form D, filed May 26, 2026, it has sold $4,260,784 of interests to 32 investors since its first sale in May 2026. The minimum investment it accepts from an outside investor is $11,488. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Eric Nadler.
- Total raised
- $4,260,784Cumulative sales reported on Form D
- Investors
- 32
- First sale
- May 11, 2026
- Minimum investment
- $11,488
- 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
- Eric Nadler
- Latest Form D
- May 26, 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 HB Prometheus, LLC
What is the minimum investment for HB Prometheus, LLC?
According to its latest Form D, filed May 26, 2026, the minimum investment HB Prometheus, LLC accepts from an outside investor is $11,488.
Who can invest in HB Prometheus, LLC?
HB Prometheus, LLC 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 HB Prometheus, LLC raised?
HB Prometheus, LLC reports $4,260,784 sold from 32 investors on its Form D filed May 26, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is HB Prometheus, LLC based?
HB Prometheus, LLC is based in Edina, Minnesota.
When did HB Prometheus, LLC launch?
HB Prometheus, LLC reports its first sale in May 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 investment fund
Raised more than 35% of the 69 private investment funds based in Minnesota, and more than 29% of all 10,255 that report sales.