Procyon Partners, L.P. is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 26, 2024, the fund has sold $138,354,585 of interests to 31 investors since its first sale in Jan 1997. The minimum investment it accepts from an outside investor is $1,000,000. 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 Bradford Beatty; Sirius Partners, L.P; Peter Foreman.
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
- $138,354,585Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Jan 1, 1997
- Minimum investment
- $1,000,000
- 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
- Bradford Beatty; Sirius Partners, L.P; Peter Foreman
- Latest Form D
- Feb 26, 2024
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 Procyon Partners, L.P.
What is the minimum investment for Procyon Partners, L.P.?
According to its latest Form D, filed Feb 26, 2024, the minimum investment Procyon Partners, L.P. accepts from an outside investor is $1,000,000.
Who can invest in Procyon Partners, L.P.?
Procyon Partners, L.P. 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 Procyon Partners, L.P. raised?
Procyon Partners, L.P. reports $138,354,585 sold from 31 investors on its Form D filed Feb 26, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Procyon Partners, L.P. based?
Procyon Partners, L.P. is based in Chicago, Illinois.
When did Procyon Partners, L.P. launch?
Procyon Partners, L.P. reports its first sale in Jan 1997.
Size compared with every hedge fund
Raised more than 76% of the 316 hedge funds based in Illinois, and more than 63% of all 10,140 that report sales.