Parallax Fund LP
Parallax Fund LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Oct 29, 2026, the fund has sold $2,473,080,372 of interests to 261 investors since its first sale in Jan 1996. The minimum investment it accepts from an outside investor is $2,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Parallax Partners, LLC; William Bartlett; Jill Korpita.
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.
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- Total raised
- $2,473,080,372Cumulative sales reported on Form D
- Investors
- 261
- First sale
- Jan 1, 1996
- Minimum investment
- $2,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Parallax Partners, LLC; William Bartlett; Jill Korpita
- Latest Form D
- Oct 29, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Parallax Fund LP
What is the minimum investment for Parallax Fund LP?
According to its latest Form D, filed Oct 29, 2026, the minimum investment Parallax Fund LP accepts from an outside investor is $2,000,000.
Who can invest in Parallax Fund LP?
Parallax Fund LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Parallax Fund LP raised?
Parallax Fund LP reports $2,473,080,372 sold from 261 investors on its Form D filed Oct 29, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Parallax Fund LP based?
Parallax Fund LP is based in San Francisco, California.
When did Parallax Fund LP launch?
Parallax Fund LP reports its first sale in Jan 1996.
Size compared with every hedge fund
Raised more than 97% of the 1,060 hedge funds based in California, and more than 96% of all 10,308 that report sales.