AltMountain

Lembas Fund, LLC

Point Pleasant, NJ · CIK 1941028
Status: no Form D since Sep 2024. 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.

Lembas Fund, LLC is a hedge fund based in Point Pleasant, New Jersey. According to its most recent Form D, filed Sep 25, 2024, the fund has sold $3,600,000 of interests to 11 investors since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Connor Flexman; Kyle Kennedy.

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
$3,600,000Cumulative sales reported on Form D
Investors
11
First sale
Jul 20, 2022
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Connor Flexman; Kyle Kennedy
Latest Form D
Sep 25, 2024

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 Lembas Fund, LLC

What is the minimum investment for Lembas Fund, LLC?

According to its latest Form D, filed Sep 25, 2024, the minimum investment Lembas Fund, LLC accepts from an outside investor is $10,000.

Who can invest in Lembas Fund, LLC?

Lembas Fund, 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 Lembas Fund, LLC raised?

Lembas Fund, LLC reports $3,600,000 sold from 11 investors on its Form D filed Sep 25, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Lembas Fund, LLC based?

Lembas Fund, LLC is based in Point Pleasant, New Jersey.

When did Lembas Fund, LLC launch?

Lembas Fund, LLC reports its first sale in Jul 2022.

Size compared with every hedge fund

Raised more than 27% of the 213 hedge funds based in New Jersey, and more than 12% of all 10,134 that report sales.

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