AltMountain

KRN Long Only Fund LLC

Wilmington, DE · CIK 1774650
Status: no Form D since May 2023. 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.

KRN Long Only Fund LLC is a hedge fund based in Wilmington, Delaware. According to its most recent Form D, filed May 5, 2023, the fund has sold $20,800,000 of interests to 3 investors since its first sale in Jun 2019. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kiron Capital Gestao de Recursos Ltda.

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
$20,800,000Cumulative sales reported on Form D
Investors
3
First sale
Jun 3, 2019
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Kiron Capital Gestao de Recursos Ltda
Latest Form D
May 5, 2023

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 KRN Long Only Fund LLC

What is the minimum investment for KRN Long Only Fund LLC?

KRN Long Only Fund LLC's latest Form D, filed May 5, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in KRN Long Only Fund LLC?

KRN Long Only Fund LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has KRN Long Only Fund LLC raised?

KRN Long Only Fund LLC reports $20,800,000 sold from 3 investors on its Form D filed May 5, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is KRN Long Only Fund LLC based?

KRN Long Only Fund LLC is based in Wilmington, Delaware.

When did KRN Long Only Fund LLC launch?

KRN Long Only Fund LLC reports its first sale in Jun 2019.

Size compared with every hedge fund

Raised more than 55% of the 187 hedge funds based in Delaware, and more than 31% of all 10,139 that report sales.

More hedge funds in Wilmington

Similar-size hedge funds in Delaware

All hedge funds in Delaware