AltMountain

Persistix Compass LP

Aptos, CA · CIK 1541086
Status: no Form D since Jan 2016. 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.

Persistix Compass LP is a hedge fund based in Aptos, California. According to its most recent Form D, filed Jan 22, 2016, the fund has sold $21,166,590 of interests to 54 investors since its first sale in Feb 2012. The minimum investment it accepts from an outside investor is $150,000. 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 Ilan Raab; Ogen Perry.

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
$21,166,590Cumulative sales reported on Form D
Investors
54
First sale
Feb 1, 2012
Minimum investment
$150,000
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
Ilan Raab; Ogen Perry
Latest Form D
Jan 22, 2016

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 Persistix Compass LP

What is the minimum investment for Persistix Compass LP?

According to its latest Form D, filed Jan 22, 2016, the minimum investment Persistix Compass LP accepts from an outside investor is $150,000.

Who can invest in Persistix Compass LP?

Persistix Compass 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 Persistix Compass LP raised?

Persistix Compass LP reports $21,166,590 sold from 54 investors on its Form D filed Jan 22, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Persistix Compass LP based?

Persistix Compass LP is based in Aptos, California.

When did Persistix Compass LP launch?

Persistix Compass LP reports its first sale in Feb 2012.

Size compared with every hedge fund

Raised more than 45% of the 1,049 hedge funds based in California, and more than 31% of all 10,129 that report sales.

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