Kismet Cardinal LLC is a private investment fund based in Austin, Texas. According to its most recent Form D, filed Feb 19, 2026, it has sold $3,565,500 of interests to 38 investors since its first sale in Jun 2025. The filing does not set a minimum investment. 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 Benjamin Lawrence; Stephen Horn; Louis Baudoin.
- Total raised
- $3,565,500Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Jun 3, 2025
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Benjamin Lawrence; Stephen Horn; Louis Baudoin
- Latest Form D
- Feb 19, 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 Kismet Cardinal LLC
What is the minimum investment for Kismet Cardinal LLC?
Kismet Cardinal LLC's latest Form D, filed Feb 19, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Kismet Cardinal LLC?
Kismet Cardinal 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 Kismet Cardinal LLC raised?
Kismet Cardinal LLC reports $3,565,500 sold from 38 investors on its Form D filed Feb 19, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Kismet Cardinal LLC based?
Kismet Cardinal LLC is based in Austin, Texas.
When did Kismet Cardinal LLC launch?
Kismet Cardinal LLC reports its first sale in Jun 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 private investment fund
Raised more than 44% of the 879 private investment funds based in Texas, and more than 28% of all 10,287 that report sales.