Nistar Flagship LP is a private investment fund based in Geneva, Illinois. According to its most recent Form D, filed Jan 13, 2026, it has sold $800,000 of interests to 3 investors since its first sale in Sep 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Nistar Fund Management LLC; Kevin Gavin.
- Total raised
- $800,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Sep 2, 2025
- 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
- Nistar Fund Management LLC; Kevin Gavin
- Latest Form D
- Jan 13, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Nistar Flagship LP
What is the minimum investment for Nistar Flagship LP?
According to its latest Form D, filed Jan 13, 2026, the minimum investment Nistar Flagship LP accepts from an outside investor is $250,000.
Who can invest in Nistar Flagship LP?
Nistar Flagship 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 Nistar Flagship LP raised?
Nistar Flagship LP reports $800,000 sold from 3 investors on its Form D filed Jan 13, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Nistar Flagship LP based?
Nistar Flagship LP is based in Geneva, Illinois.
When did Nistar Flagship LP launch?
Nistar Flagship LP reports its first sale in Sep 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 26% of the 552 private investment funds based in Illinois, and more than 12% of all 10,212 that report sales.