AltMountain

Next Door Partners, LP

Lexington, KY · CIK 1563307
Status: no Form D since Dec 2016. 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.

Next Door Partners, LP is a hedge fund based in Lexington, Kentucky. According to its most recent Form D, filed Dec 9, 2016, the fund has sold $1,000,000 of interests to 1 investor since its first sale in May 2013. 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 John Navin; Rigdon Dees III; Next Door Partners GP, LLC.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

Is this your fund? Report your monthly returns · How performance works

Total raised
$1,000,000Cumulative sales reported on Form D
Investors
1
First sale
May 3, 2013
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
John Navin; Rigdon Dees III; Next Door Partners GP, LLC
Latest Form D
Dec 9, 2016

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 Door Partners, LP

What is the minimum investment for Next Door Partners, LP?

According to its latest Form D, filed Dec 9, 2016, the minimum investment Next Door Partners, LP accepts from an outside investor is $250,000.

Who can invest in Next Door Partners, LP?

Next Door 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 Door Partners, LP raised?

Next Door Partners, LP reports $1,000,000 sold from 1 investor on its Form D filed Dec 9, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Next Door Partners, LP based?

Next Door Partners, LP is based in Lexington, Kentucky.

When did Next Door Partners, LP launch?

Next Door Partners, LP reports its first sale in May 2013.

Size compared with every hedge fund

Raised more than 15% of the 20 hedge funds based in Kentucky, and more than 5% of all 10,134 that report sales.

More hedge funds in Lexington

Similar-size hedge funds in Kentucky

All hedge funds in Kentucky