AltMountain

Prisma Spectrum Fund LP

Newport Beach, CA · CIK 1327498
Status: no Form D since Sep 2022. 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.

Prisma Spectrum Fund LP is a hedge fund based in Newport Beach, California. According to its most recent Form D, filed Sep 21, 2022, the fund has sold $1,566,728,344 of interests to 491 investors since its first sale in Jan 2005. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Prisma Capital Partners LP; Prisma Capital Partners I, LP; Prisma Capital Partners LLC.

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
$1,566,728,344Cumulative sales reported on Form D
Investors
491
First sale
Jan 1, 2005
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Prisma Capital Partners LP; Prisma Capital Partners I, LP; Prisma Capital Partners LLC
Latest Form D
Sep 21, 2022

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 Prisma Spectrum Fund LP

What is the minimum investment for Prisma Spectrum Fund LP?

Prisma Spectrum Fund LP's latest Form D, filed Sep 21, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Prisma Spectrum Fund LP?

Prisma Spectrum 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). It uses Rule 506(b), which does not allow general advertising.

How much has Prisma Spectrum Fund LP raised?

Prisma Spectrum Fund LP reports $1,566,728,344 sold from 491 investors on its Form D filed Sep 21, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Prisma Spectrum Fund LP based?

Prisma Spectrum Fund LP is based in Newport Beach, California.

When did Prisma Spectrum Fund LP launch?

Prisma Spectrum Fund LP reports its first sale in Jan 2005.

Size compared with every hedge fund

Raised more than 95% of the 1,049 hedge funds based in California, and more than 94% of all 10,129 that report sales.

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