Prime Conservative Fund, LP
Prime Conservative Fund, LP is a hedge fund based in Brookville, Indiana. According to its most recent Form D, filed Apr 11, 2016, the fund has sold $9,354,643 of interests to 105 investors since its first sale in Nov 2010. The minimum investment it accepts from an outside investor is $1,000. 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 Michael Wiesemann.
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
- $9,354,643Cumulative sales reported on Form D
- Investors
- 105
- First sale
- Nov 3, 2010
- Minimum investment
- $1,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- Michael Wiesemann
- Latest Form D
- Apr 11, 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 Prime Conservative Fund, LP
What is the minimum investment for Prime Conservative Fund, LP?
According to its latest Form D, filed Apr 11, 2016, the minimum investment Prime Conservative Fund, LP accepts from an outside investor is $1,000.
Who can invest in Prime Conservative Fund, LP?
Prime Conservative 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 Prime Conservative Fund, LP raised?
Prime Conservative Fund, LP reports $9,354,643 sold from 105 investors on its Form D filed Apr 11, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Prime Conservative Fund, LP based?
Prime Conservative Fund, LP is based in Brookville, Indiana.
When did Prime Conservative Fund, LP launch?
Prime Conservative Fund, LP reports its first sale in Nov 2010.
Size compared with every hedge fund
Raised more than 39% of the 23 hedge funds based in Indiana, and more than 20% of all 10,127 that report sales.