AltMountain

Prospection Fund LP

Austin, TX · CIK 1565682
Status: no Form D since Jan 2013. 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.

Prospection Fund LP is a hedge fund based in Austin, Texas. Its most recent Form D, filed Jan 3, 2013, reports no sales yet. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Terry Peng.

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
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$50,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
Terry Peng
Latest Form D
Jan 3, 2013

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 Prospection Fund LP

What is the minimum investment for Prospection Fund LP?

According to its latest Form D, filed Jan 3, 2013, the minimum investment Prospection Fund LP accepts from an outside investor is $50,000.

Who can invest in Prospection Fund LP?

Prospection 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).

How much has Prospection Fund LP raised?

Prospection Fund LP's latest Form D, filed Jan 3, 2013, reports no sales yet.

Where is Prospection Fund LP based?

Prospection Fund LP is based in Austin, Texas.

Size compared with every hedge fund

This fund hasn't reported any sales yet.

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