Phestos Fund, LP is a hedge fund based in Las Vegas, Nevada. According to its most recent Form D, filed Mar 3, 2026, the fund has sold $22,598,515 of interests to 29 investors since its first sale in Mar 2022. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Nikolaos Angelopoulos.
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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $22,598,515Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Mar 17, 2022
- 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
- Nikolaos Angelopoulos
- Latest Form D
- Mar 3, 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 Phestos Fund, LP
What is the minimum investment for Phestos Fund, LP?
Phestos Fund, LP's latest Form D, filed Mar 3, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Phestos Fund, LP?
Phestos 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 Phestos Fund, LP raised?
Phestos Fund, LP reports $22,598,515 sold from 29 investors on its Form D filed Mar 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Phestos Fund, LP based?
Phestos Fund, LP is based in Las Vegas, Nevada and is managed by Phestos Capital, LLC.
When did Phestos Fund, LP launch?
Phestos Fund, LP reports its first sale in Mar 2022, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 77% of the 39 hedge funds based in Nevada, and more than 32% of all 10,308 that report sales.