AltMountain

LDCM Proprietary Alpha Fund LLC

Millville, DE · CIK 1744453
Status: no Form D since Dec 2019. 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.

LDCM Proprietary Alpha Fund LLC is a hedge fund based in Millville, Delaware. According to its most recent Form D, filed Dec 31, 2019, the fund has sold $1,750,000 of interests to 3 investors since its first sale in Jun 2018. 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 Patrick Whalen.

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
$1,750,000Cumulative sales reported on Form D
Investors
3
First sale
Jun 15, 2018
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
Patrick Whalen
Latest Form D
Dec 31, 2019

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 LDCM Proprietary Alpha Fund LLC

What is the minimum investment for LDCM Proprietary Alpha Fund LLC?

According to its latest Form D, filed Dec 31, 2019, the minimum investment LDCM Proprietary Alpha Fund LLC accepts from an outside investor is $100,000.

Who can invest in LDCM Proprietary Alpha Fund LLC?

LDCM Proprietary Alpha 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 LDCM Proprietary Alpha Fund LLC raised?

LDCM Proprietary Alpha Fund LLC reports $1,750,000 sold from 3 investors on its Form D filed Dec 31, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is LDCM Proprietary Alpha Fund LLC based?

LDCM Proprietary Alpha Fund LLC is based in Millville, Delaware.

When did LDCM Proprietary Alpha Fund LLC launch?

LDCM Proprietary Alpha Fund LLC reports its first sale in Jun 2018.

Size compared with every hedge fund

Raised more than 32% of the 187 hedge funds based in Delaware, and more than 8% of all 10,140 that report sales.

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