HEP Fund 24, LLC is a private investment fund based in Fargo, North Dakota. According to its most recent Form D, filed Sep 15, 2026, it has sold $1,605,000 of interests to 26 investors since its first sale in Jun 2024. The minimum investment it accepts from an outside investor is $1. 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 Adam Zach.
- Total raised
- $1,605,000Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Jun 25, 2024
- Minimum investment
- $1
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Adam Zach
- Latest Form D
- Sep 15, 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 HEP Fund 24, LLC
What is the minimum investment for HEP Fund 24, LLC?
According to its latest Form D, filed Sep 15, 2026, the minimum investment HEP Fund 24, LLC accepts from an outside investor is $1.
Who can invest in HEP Fund 24, LLC?
HEP Fund 24, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has HEP Fund 24, LLC raised?
HEP Fund 24, LLC reports $1,605,000 sold from 26 investors on its Form D filed Sep 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is HEP Fund 24, LLC based?
HEP Fund 24, LLC is based in Fargo, North Dakota.
When did HEP Fund 24, LLC launch?
HEP Fund 24, LLC reports its first sale in Jun 2024, 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 20% of the 5 private investment funds based in North Dakota, and more than 19% of all 10,333 that report sales.