Lightning Capital, L.P. is a hedge fund based in Lexington, Massachusetts. According to its most recent Form D, filed Feb 4, 2019, the fund has sold $207,000 of interests to 4 investors since its first sale in Feb 2019. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include James Parrish; Lightning Asset Management, L.L.C.
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
- $207,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Feb 1, 2019
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- James Parrish; Lightning Asset Management, L.L.C
- Latest Form D
- Feb 4, 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 Lightning Capital, L.P.
What is the minimum investment for Lightning Capital, L.P.?
Lightning Capital, L.P.'s latest Form D, filed Feb 4, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lightning Capital, L.P.?
Lightning Capital, L.P. 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Lightning Capital, L.P. raised?
Lightning Capital, L.P. reports $207,000 sold from 4 investors on its Form D filed Feb 4, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Lightning Capital, L.P. based?
Lightning Capital, L.P. is based in Lexington, Massachusetts.
When did Lightning Capital, L.P. launch?
Lightning Capital, L.P. reports its first sale in Feb 2019.
Size compared with every hedge fund
Raised more than 7% of the 474 hedge funds based in Massachusetts, and more than 2% of all 10,129 that report sales.