Heberdev I LP is an energy fund based in Heber City, Utah. According to its most recent Form D, filed Sep 2, 2026, it has sold $7,000,000 of interests to 68 investors since its first sale in Oct 2025. The minimum investment it accepts from an outside investor is $200,000. 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 Kevin Darcy; Keith Schetne; Roger Dickens.
- Total raised
- $7,000,000Cumulative sales reported on Form D
- Investors
- 68
- First sale
- Oct 16, 2025
- Minimum investment
- $200,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Kevin Darcy; Keith Schetne; Roger Dickens
- Latest Form D
- Sep 2, 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 Heberdev I LP
What is the minimum investment for Heberdev I LP?
According to its latest Form D, filed Sep 2, 2026, the minimum investment Heberdev I LP accepts from an outside investor is $200,000.
Who can invest in Heberdev I LP?
Heberdev I LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Heberdev I LP raised?
Heberdev I LP reports $7,000,000 sold from 68 investors on its Form D filed Sep 2, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Heberdev I LP based?
Heberdev I LP is based in Heber City, Utah.
When did Heberdev I LP launch?
Heberdev I LP reports its first sale in Oct 2025, 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 energy fund
Raised more than 17% of the 6 energy funds based in Utah, and more than 69% of all 345 that report sales.