Mad River Macro Fund, LP is a hedge fund based in Arlington, Virginia. According to its most recent Form D, filed Apr 10, 2026, the fund has sold $7,971,643 of interests to 5 investors since its first sale in Jun 2020. The minimum investment it accepts from an outside investor is $250,000. 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 Charles Mills, IV; Mills Value Adviser, Inc.
Performance
No verified 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
- $7,971,643Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jun 25, 2020
- Minimum investment
- $250,000
- 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
- Charles Mills, IV; Mills Value Adviser, Inc
- Latest Form D
- Apr 10, 2026
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 Mad River Macro Fund, LP
What is the minimum investment for Mad River Macro Fund, LP?
According to its latest Form D, filed Apr 10, 2026, the minimum investment Mad River Macro Fund, LP accepts from an outside investor is $250,000.
Who can invest in Mad River Macro Fund, LP?
Mad River Macro Fund, 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 Mad River Macro Fund, LP raised?
Mad River Macro Fund, LP reports $7,971,643 sold from 5 investors on its Form D filed Apr 10, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Mad River Macro Fund, LP based?
Mad River Macro Fund, LP is based in Arlington, Virginia.
When did Mad River Macro Fund, LP launch?
Mad River Macro Fund, LP reports its first sale in Jun 2020.
Size compared with every hedge fund
Raised more than 29% of the 102 hedge funds based in Virginia, and more than 19% of all 10,308 that report sales.