Lemcap1 LP
Lemcap1 LP is a hedge fund based in Newport, Kentucky. According to its most recent Form D, filed Mar 15, 2024, the fund has sold $1,300,000 of interests to 1 investor since its first sale in Mar 2022. 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 Alexander Jones; Moon Lasso Asset Management, LLC.
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
- $1,300,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 25, 2022
- 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
- Alexander Jones; Moon Lasso Asset Management, LLC
- Latest Form D
- Mar 15, 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 Lemcap1 LP
What is the minimum investment for Lemcap1 LP?
Lemcap1 LP's latest Form D, filed Mar 15, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lemcap1 LP?
Lemcap1 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 Lemcap1 LP raised?
Lemcap1 LP reports $1,300,000 sold from 1 investor on its Form D filed Mar 15, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Lemcap1 LP based?
Lemcap1 LP is based in Newport, Kentucky.
When did Lemcap1 LP launch?
Lemcap1 LP reports its first sale in Mar 2022.
Size compared with every hedge fund
Raised more than 15% of the 20 hedge funds based in Kentucky, and more than 7% of all 10,118 that report sales.