AltMountain

Islay Multifactor Fund I, LP

Lubbock, TX · CIK 1990147
Status: no Form D since Sep 2024. 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.

Islay Multifactor Fund I, LP is a hedge fund based in Lubbock, Texas. According to its most recent Form D, filed Sep 4, 2024, the fund has sold $6,250,000 of interests to 8 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $250,000. 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 Tyler Sturdivant; Islay Multifactor Fund I GP, LLC; Eric McDonald.

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
$6,250,000Cumulative sales reported on Form D
Investors
8
First sale
Aug 24, 2023
Minimum investment
$250,000
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
Tyler Sturdivant; Islay Multifactor Fund I GP, LLC; Eric McDonald
Latest Form D
Sep 4, 2024

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 Islay Multifactor Fund I, LP

What is the minimum investment for Islay Multifactor Fund I, LP?

According to its latest Form D, filed Sep 4, 2024, the minimum investment Islay Multifactor Fund I, LP accepts from an outside investor is $250,000.

Who can invest in Islay Multifactor Fund I, LP?

Islay Multifactor Fund I, 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). It uses Rule 506(b), which does not allow general advertising.

How much has Islay Multifactor Fund I, LP raised?

Islay Multifactor Fund I, LP reports $6,250,000 sold from 8 investors on its Form D filed Sep 4, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Islay Multifactor Fund I, LP based?

Islay Multifactor Fund I, LP is based in Lubbock, Texas.

When did Islay Multifactor Fund I, LP launch?

Islay Multifactor Fund I, LP reports its first sale in Aug 2023.

Size compared with every hedge fund

Raised more than 32% of the 537 hedge funds based in Texas, and more than 16% of all 10,129 that report sales.

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