ProChain Onshore Fund LP
ProChain Onshore Fund LP is a hedge fund based in Ocean, New Jersey. According to its most recent Form D, filed Sep 23, 2022, the fund has sold $1,351,192 of interests to 12 investors since its first sale in Aug 2018. 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. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Tawil; Justin Litchfield.
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
- $1,351,192Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Aug 1, 2018
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Tawil; Justin Litchfield
- Latest Form D
- Sep 23, 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 ProChain Onshore Fund LP
What is the minimum investment for ProChain Onshore Fund LP?
According to its latest Form D, filed Sep 23, 2022, the minimum investment ProChain Onshore Fund LP accepts from an outside investor is $500,000.
Who can invest in ProChain Onshore Fund LP?
ProChain Onshore 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 ProChain Onshore Fund LP raised?
ProChain Onshore Fund LP reports $1,351,192 sold from 12 investors on its Form D filed Sep 23, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is ProChain Onshore Fund LP based?
ProChain Onshore Fund LP is based in Ocean, New Jersey.
When did ProChain Onshore Fund LP launch?
ProChain Onshore Fund LP reports its first sale in Aug 2018.
Size compared with every hedge fund
Raised more than 23% of the 213 hedge funds based in New Jersey, and more than 7% of all 10,139 that report sales.