Norcap FixedPlus Fund, L.P. is a hedge fund based in Dallas, Texas. According to its most recent Form D, filed Feb 23, 2018, the fund has sold $3,031,864 of interests to 9 investors since its first sale in Feb 2017. The minimum investment it accepts from an outside investor is $1,000,000. 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 David Norcom; Carl Baggett; NorCap Management, L.P.
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
- $3,031,864Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Feb 28, 2017
- Minimum investment
- $1,000,000
- 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
- David Norcom; Carl Baggett; NorCap Management, L.P
- Latest Form D
- Feb 23, 2018
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 Norcap FixedPlus Fund, L.P.
What is the minimum investment for Norcap FixedPlus Fund, L.P.?
According to its latest Form D, filed Feb 23, 2018, the minimum investment Norcap FixedPlus Fund, L.P. accepts from an outside investor is $1,000,000.
Who can invest in Norcap FixedPlus Fund, L.P.?
Norcap FixedPlus Fund, L.P. 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 Norcap FixedPlus Fund, L.P. raised?
Norcap FixedPlus Fund, L.P. reports $3,031,864 sold from 9 investors on its Form D filed Feb 23, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Norcap FixedPlus Fund, L.P. based?
Norcap FixedPlus Fund, L.P. is based in Dallas, Texas.
When did Norcap FixedPlus Fund, L.P. launch?
Norcap FixedPlus Fund, L.P. reports its first sale in Feb 2017.
Size compared with every hedge fund
Raised more than 25% of the 537 hedge funds based in Texas, and more than 11% of all 10,129 that report sales.