Prodigy Absolute Return Fund, LLC
Prodigy Absolute Return Fund, LLC is a hedge fund based in Omaha, Nebraska. According to its most recent Form D, filed Nov 26, 2025, the fund has sold $194,595,921 of interests to 77 investors since its first sale in Dec 2011. The minimum investment it accepts from an outside investor is $100,000. 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 Philip Ruden; Michael Eglseder.
Performance
No verified returns have been reported for this fund. As a rough guide, Prodigy Asset Management LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +3.6% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q1 2025 to Q2 2026, the estimate is +81.5% (S&P 500: +27.4%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $194,595,921Cumulative sales reported on Form D
- Investors
- 77
- First sale
- Dec 31, 2011
- Minimum investment
- $100,000
- 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
- Philip Ruden; Michael Eglseder
- Latest Form D
- Nov 26, 2025
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 Prodigy Absolute Return Fund, LLC
What is the minimum investment for Prodigy Absolute Return Fund, LLC?
According to its latest Form D, filed Nov 26, 2025, the minimum investment Prodigy Absolute Return Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Prodigy Absolute Return Fund, LLC?
Prodigy Absolute Return Fund, LLC 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 Prodigy Absolute Return Fund, LLC raised?
Prodigy Absolute Return Fund, LLC reports $194,595,921 sold from 77 investors on its Form D filed Nov 26, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Prodigy Absolute Return Fund, LLC based?
Prodigy Absolute Return Fund, LLC is based in Omaha, Nebraska and is managed by Prodigy Asset Management LLC.
When did Prodigy Absolute Return Fund, LLC launch?
Prodigy Absolute Return Fund, LLC reports its first sale in Dec 2011.
Size compared with every hedge fund
Raised more than 50% of the 4 hedge funds based in Nebraska, and more than 69% of all 10,308 that report sales.