Partners In Prophet, Ltd. is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Mar 25, 2019, the fund has sold $3,174,427 of interests since its first sale in Apr 2018. The filing does not set a minimum investment. 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 Robert Epstein; Prophet Asset Management LLC.
Performance
No 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
- $3,174,427Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Apr 1, 2018
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Epstein; Prophet Asset Management LLC
- Latest Form D
- Mar 25, 2019
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 Partners In Prophet, Ltd.
What is the minimum investment for Partners In Prophet, Ltd.?
Partners In Prophet, Ltd.'s latest Form D, filed Mar 25, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Partners In Prophet, Ltd.?
Partners In Prophet, Ltd. 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 Partners In Prophet, Ltd. raised?
Partners In Prophet, Ltd. reports $3,174,427 sold on its Form D filed Mar 25, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Partners In Prophet, Ltd. based?
Partners In Prophet, Ltd. is based in Austin, Texas.
When did Partners In Prophet, Ltd. launch?
Partners In Prophet, Ltd. reports its first sale in Apr 2018.
Size compared with every hedge fund
Raised more than 25% of the 537 hedge funds based in Texas, and more than 11% of all 10,143 that report sales.