AltMountain

Lightsail Mariner, LP

Brooklyn, NY · CIK 1906424
Status: no Form D since Jan 2022. 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.

Lightsail Mariner, LP is a hedge fund based in Brooklyn, New York. Its most recent Form D, filed Jan 26, 2022, reports no sales yet. The minimum investment it accepts from an outside investor is $500,000. 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 James Basili.

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
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$500,000
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
James Basili
Latest Form D
Jan 26, 2022

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 Lightsail Mariner, LP

What is the minimum investment for Lightsail Mariner, LP?

According to its latest Form D, filed Jan 26, 2022, the minimum investment Lightsail Mariner, LP accepts from an outside investor is $500,000.

Who can invest in Lightsail Mariner, LP?

Lightsail Mariner, 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 Lightsail Mariner, LP raised?

Lightsail Mariner, LP's latest Form D, filed Jan 26, 2022, reports no sales yet.

Where is Lightsail Mariner, LP based?

Lightsail Mariner, LP is based in Brooklyn, New York.

Size compared with every hedge fund

This fund hasn't reported any sales yet.

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