AltMountain

Para Partners LP

New York, NY · CIK 798674
Status: no Form D since Dec 2017. 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.

Para Partners LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Dec 5, 2017, the fund has sold $605,258,510 of interests to 376 investors since its first sale in Jan 1991. 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 Ned Sadaka.

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
$605,258,510Cumulative sales reported on Form D
Investors
376
First sale
Jan 1, 1991
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
Ned Sadaka
Latest Form D
Dec 5, 2017

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 Para Partners LP

What is the minimum investment for Para Partners LP?

Para Partners LP's latest Form D, filed Dec 5, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Para Partners LP?

Para 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 Para Partners LP raised?

Para Partners LP reports $605,258,510 sold from 376 investors on its Form D filed Dec 5, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Para Partners LP based?

Para Partners LP is based in New York, New York.

When did Para Partners LP launch?

Para Partners LP reports its first sale in Jan 1991.

Size compared with every hedge fund

Raised more than 82% of the 2,524 hedge funds based in New York, and more than 84% of all 10,129 that report sales.

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