KP I LP
KP I LP is a hedge fund based in Edina, Minnesota. According to its most recent Form D, filed Oct 27, 2025, the fund has sold $58,047,022 of interests to 79 investors since its first sale in Nov 1998. The filing does not set a minimum investment. 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 Brent Peacock; KP Management, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, KP Management LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +35.7% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +79.6% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $58,047,022Cumulative sales reported on Form D
- Investors
- 79
- First sale
- Nov 1, 1998
- Minimum investment
- None set
- 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
- Brent Peacock; KP Management, LLC
- Latest Form D
- Oct 27, 2025
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 KP I LP
What is the minimum investment for KP I LP?
KP I LP's latest Form D, filed Oct 27, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in KP I LP?
KP 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 KP I LP raised?
KP I LP reports $58,047,022 sold from 79 investors on its Form D filed Oct 27, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is KP I LP based?
KP I LP is based in Edina, Minnesota and is managed by KP Management LLC.
When did KP I LP launch?
KP I LP reports its first sale in Nov 1998.
Size compared with every hedge fund
Raised more than 61% of the 70 hedge funds based in Minnesota, and more than 49% of all 10,307 that report sales.