Phase I Fund LP is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed May 19, 2009, the fund has sold $2,000,000 of interests to 1 investor since its first sale in Apr 2009. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include none Phase I GP LLC; none PhaseCapital LP; Eric Pritchett.
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
- $2,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 22, 2009
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- none Phase I GP LLC; none PhaseCapital LP; Eric Pritchett
- Latest Form D
- May 19, 2009
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 Phase I Fund LP
What is the minimum investment for Phase I Fund LP?
According to its latest Form D, filed May 19, 2009, the minimum investment Phase I Fund LP accepts from an outside investor is $500,000.
Who can invest in Phase I Fund LP?
Phase I 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).
How much has Phase I Fund LP raised?
Phase I Fund LP reports $2,000,000 sold from 1 investor on its Form D filed May 19, 2009. This is cumulative sales since the offering began, not current assets or performance.
Where is Phase I Fund LP based?
Phase I Fund LP is based in Boston, Massachusetts.
When did Phase I Fund LP launch?
Phase I Fund LP reports its first sale in Apr 2009.
Size compared with every hedge fund
Raised more than 9% of the 474 hedge funds based in Massachusetts, and more than 8% of all 10,128 that report sales.