Qubit Fund, L.P. is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Oct 24, 2014, the fund has sold $2,250,000 of interests to 4 investors since its first sale in Oct 2011. The filing does not set a minimum investment. 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 Qubit Capital Management, LLC; Benjamin Burack.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $2,250,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 1, 2011
- Minimum investment
- None set
- 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
- Qubit Capital Management, LLC; Benjamin Burack
- Latest Form D
- Oct 24, 2014
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 Qubit Fund, L.P.
What is the minimum investment for Qubit Fund, L.P.?
Qubit Fund, L.P.'s latest Form D, filed Oct 24, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Qubit Fund, L.P.?
Qubit Fund, 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 Qubit Fund, L.P. raised?
Qubit Fund, L.P. reports $2,250,000 sold from 4 investors on its Form D filed Oct 24, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Qubit Fund, L.P. based?
Qubit Fund, L.P. is based in Austin, Texas.
When did Qubit Fund, L.P. launch?
Qubit Fund, L.P. reports its first sale in Oct 2011.
Size compared with every hedge fund
Raised more than 23% of the 537 hedge funds based in Texas, and more than 9% of all 10,127 that report sales.