Petrel Fund, LP
Petrel Fund, LP is a private investment fund based in Dallas, Texas. According to its most recent Form D, filed Feb 24, 2026, it has sold $5,941,250 of interests to 10 investors since its first sale in Oct 2015. 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 R. McGaughy; Antal Desai; CPMG, Inc.
- Total raised
- $5,941,250Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 1, 2015
- 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
- R. McGaughy; Antal Desai; CPMG, Inc
- Latest Form D
- Feb 24, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Petrel Fund, LP
What is the minimum investment for Petrel Fund, LP?
Petrel Fund, LP's latest Form D, filed Feb 24, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Petrel Fund, LP?
Petrel 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 Petrel Fund, LP raised?
Petrel Fund, LP reports $5,941,250 sold from 10 investors on its Form D filed Feb 24, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Petrel Fund, LP based?
Petrel Fund, LP is based in Dallas, Texas.
When did Petrel Fund, LP launch?
Petrel Fund, LP reports its first sale in Oct 2015.
Size compared with every private investment fund
Raised more than 48% of the 878 private investment funds based in Texas, and more than 34% of all 10,266 that report sales.