Highway 54, L.P.
Highway 54, L.P. is a hedge fund based in Simpsonville, South Carolina. According to its most recent Form D, filed Apr 20, 2020, the fund has sold $423,333 of interests to 5 investors since its first sale in Apr 2020. The minimum investment it accepts from an outside investor is $5,000. 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 AL Advisers, LLC.
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
- $423,333Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Apr 2, 2020
- Minimum investment
- $5,000
- 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
- AL Advisers, LLC
- Latest Form D
- Apr 20, 2020
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 Highway 54, L.P.
What is the minimum investment for Highway 54, L.P.?
According to its latest Form D, filed Apr 20, 2020, the minimum investment Highway 54, L.P. accepts from an outside investor is $5,000.
Who can invest in Highway 54, L.P.?
Highway 54, L.P. 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 Highway 54, L.P. raised?
Highway 54, L.P. reports $423,333 sold from 5 investors on its Form D filed Apr 20, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Highway 54, L.P. based?
Highway 54, L.P. is based in Simpsonville, South Carolina.
When did Highway 54, L.P. launch?
Highway 54, L.P. reports its first sale in Apr 2020.
Size compared with every hedge fund
Raised more than 17% of the 23 hedge funds based in South Carolina, and more than 3% of all 10,139 that report sales.