Next Alpha Partners, LP is a hedge fund based in San Diego, California. According to its most recent Form D, filed Jul 30, 2021, the fund has sold $431,198 of interests to 3 investors since its first sale in Mar 2017. The minimum investment it accepts from an outside investor is $100,000. 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 Next Alpha Capital, LLC; Patrick Kelly.
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
- $431,198Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Mar 1, 2017
- Minimum investment
- $100,000
- 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
- Next Alpha Capital, LLC; Patrick Kelly
- Latest Form D
- Jul 30, 2021
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 Next Alpha Partners, LP
What is the minimum investment for Next Alpha Partners, LP?
According to its latest Form D, filed Jul 30, 2021, the minimum investment Next Alpha Partners, LP accepts from an outside investor is $100,000.
Who can invest in Next Alpha Partners, LP?
Next Alpha 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 Next Alpha Partners, LP raised?
Next Alpha Partners, LP reports $431,198 sold from 3 investors on its Form D filed Jul 30, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Next Alpha Partners, LP based?
Next Alpha Partners, LP is based in San Diego, California.
When did Next Alpha Partners, LP launch?
Next Alpha Partners, LP reports its first sale in Mar 2017.
Size compared with every hedge fund
Raised more than 16% of the 1,049 hedge funds based in California, and more than 3% of all 10,128 that report sales.