No Margin Fund LP is a private investment fund based in New York, New York. According to its most recent Form D, filed Apr 8, 2026, it has sold $244,280,550 of interests to 14 investors since its first sale in Apr 2023. The filing does not set a minimum investment. 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 Sue Meng; Stanley Druckenmiller.
- Total raised
- $244,280,550Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Apr 1, 2023
- Minimum investment
- None set
- 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
- Sue Meng; Stanley Druckenmiller
- Latest Form D
- Apr 8, 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 No Margin Fund LP
What is the minimum investment for No Margin Fund LP?
No Margin Fund LP's latest Form D, filed Apr 8, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in No Margin Fund LP?
No Margin 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 No Margin Fund LP raised?
No Margin Fund LP reports $244,280,550 sold from 14 investors on its Form D filed Apr 8, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is No Margin Fund LP based?
No Margin Fund LP is based in New York, New York.
When did No Margin Fund LP launch?
No Margin Fund LP reports its first sale in Apr 2023.
Size compared with every private investment fund
Raised more than 80% of the 2,822 private investment funds based in New York, and more than 81% of all 10,255 that report sales.