Longboard Partners, LP is a hedge fund based in Phoenix, Arizona. According to its most recent Form D, filed Nov 16, 2018, the fund has sold $16,397,733 of interests to 10 investors since its first sale in Aug 2011. 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 Cole Wilcox.
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
- $16,397,733Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Aug 1, 2011
- 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
- Cole Wilcox
- Latest Form D
- Nov 16, 2018
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 Longboard Partners, LP
What is the minimum investment for Longboard Partners, LP?
According to its latest Form D, filed Nov 16, 2018, the minimum investment Longboard Partners, LP accepts from an outside investor is $500,000.
Who can invest in Longboard Partners, LP?
Longboard Partners, 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 Longboard Partners, LP raised?
Longboard Partners, LP reports $16,397,733 sold from 10 investors on its Form D filed Nov 16, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Longboard Partners, LP based?
Longboard Partners, LP is based in Phoenix, Arizona.
When did Longboard Partners, LP launch?
Longboard Partners, LP reports its first sale in Aug 2011.
Size compared with every hedge fund
Raised more than 74% of the 27 hedge funds based in Arizona, and more than 27% of all 10,128 that report sales.