Keystone Advantage Fund, LLC
Keystone Advantage Fund, LLC is a hedge fund based in Huntington Beach, California. According to its most recent Form D, filed Apr 22, 2024, the fund has sold $6,000,000 of interests to 23 investors since its first sale in Oct 2023. The minimum investment it accepts from an outside investor is $500,000. 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 Darren Crume; Granite Capital Wealth Management, LLC; Dave Andresen.
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
- $6,000,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Oct 20, 2023
- Minimum investment
- $500,000
- 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
- Darren Crume; Granite Capital Wealth Management, LLC; Dave Andresen
- Latest Form D
- Apr 22, 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 Keystone Advantage Fund, LLC
What is the minimum investment for Keystone Advantage Fund, LLC?
According to its latest Form D, filed Apr 22, 2024, the minimum investment Keystone Advantage Fund, LLC accepts from an outside investor is $500,000.
Who can invest in Keystone Advantage Fund, LLC?
Keystone Advantage Fund, 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 Keystone Advantage Fund, LLC raised?
Keystone Advantage Fund, LLC reports $6,000,000 sold from 23 investors on its Form D filed Apr 22, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Keystone Advantage Fund, LLC based?
Keystone Advantage Fund, LLC is based in Huntington Beach, California.
When did Keystone Advantage Fund, LLC launch?
Keystone Advantage Fund, LLC reports its first sale in Oct 2023.
Size compared with every hedge fund
Raised more than 29% of the 1,049 hedge funds based in California, and more than 16% of all 10,134 that report sales.