Open Heart Fund, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 8, 2025, the fund has sold $4,276,968 of interests to 34 investors since its first sale in Feb 2022. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Open Heart Capital Management, LLC; David Hu; Open Heart Capital, LLC.
Performance
No verified 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
- $4,276,968Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Feb 3, 2022
- 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
- Open Heart Capital Management, LLC; David Hu; Open Heart Capital, LLC
- Latest Form D
- Sep 8, 2025
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 Open Heart Fund, LP
What is the minimum investment for Open Heart Fund, LP?
Open Heart Fund, LP's latest Form D, filed Sep 8, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Open Heart Fund, LP?
Open Heart 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 Open Heart Fund, LP raised?
Open Heart Fund, LP reports $4,276,968 sold from 34 investors on its Form D filed Sep 8, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Open Heart Fund, LP based?
Open Heart Fund, LP is based in New York, New York.
When did Open Heart Fund, LP launch?
Open Heart Fund, LP reports its first sale in Feb 2022, 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 hedge fund
Raised more than 18% of the 2,544 hedge funds based in New York, and more than 13% of all 10,308 that report sales.