Lagunita, Ltd.

George Town, Grand Cayman, Cayman Islands · CIK 1605896

Offshore

Status: no Form D since Mar 2020. 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.

Lagunita, Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 31, 2020, the fund has sold $285,825,000 of interests to 38 investors since its first sale in Apr 2014. The minimum investment it accepts from an outside investor is $100,000. 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 John Ackerley; Palo Alto Investors LP; Darren Stainrod.

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: $285,825,000Cumulative sales reported on Form D
Investors: 38
First sale: Apr 1, 2014
Minimum investment: $100,000
Who can invest: Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption: Rule 506(b)No general advertising
Key people and entities: John Ackerley; Palo Alto Investors LP; Darren Stainrod
Latest Form D: Mar 31, 2020

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 Lagunita, Ltd.

What is the minimum investment for Lagunita, Ltd.?

According to its latest Form D, filed Mar 31, 2020, the minimum investment Lagunita, Ltd. accepts from an outside investor is $100,000.

Who can invest in Lagunita, Ltd.?

Lagunita, Ltd. 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 Lagunita, Ltd. raised?

Lagunita, Ltd. reports $285,825,000 sold from 38 investors on its Form D filed Mar 31, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Lagunita, Ltd. based?

Lagunita, Ltd. is based in George Town, Grand Cayman, Cayman Islands.

When did Lagunita, Ltd. launch?

Lagunita, Ltd. reports its first sale in Apr 2014.