Next Alpha US Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Jan 31, 2020, the fund has sold $22,020,000 of interests to 8 investors since its first sale in Apr 2019. The minimum investment it accepts from an outside investor is $25,000. 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 Management, LP.
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
- $22,020,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Apr 1, 2019
- Minimum investment
- $25,000
- 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 Management, LP
- Latest Form D
- Jan 31, 2020
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 US Fund LLC
What is the minimum investment for Next Alpha US Fund LLC?
According to its latest Form D, filed Jan 31, 2020, the minimum investment Next Alpha US Fund LLC accepts from an outside investor is $25,000.
Who can invest in Next Alpha US Fund LLC?
Next Alpha US Fund LLC 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 US Fund LLC raised?
Next Alpha US Fund LLC reports $22,020,000 sold from 8 investors on its Form D filed Jan 31, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Next Alpha US Fund LLC based?
Next Alpha US Fund LLC is based in New York, New York.
When did Next Alpha US Fund LLC launch?
Next Alpha US Fund LLC reports its first sale in Apr 2019.
Size compared with every hedge fund
Raised more than 31% of the 2,524 hedge funds based in New York, and more than 32% of all 10,129 that report sales.