Sapelo Fund, LP is a hedge fund based in Atlanta, Georgia. According to its most recent Form D, filed Aug 28, 2014, the fund has sold $6,856,272 of interests to 13 investors since its first sale in May 2006. The filing does not set a minimum investment. 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 Richard Courts, II; Malon Courts; Pointer Capital, LLC.
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
- $6,856,272Cumulative sales reported on Form D
- Investors
- 13
- First sale
- May 1, 2006
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Courts, II; Malon Courts; Pointer Capital, LLC
- Latest Form D
- Aug 28, 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 Sapelo Fund, LP
What is the minimum investment for Sapelo Fund, LP?
Sapelo Fund, LP's latest Form D, filed Aug 28, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Sapelo Fund, LP?
Sapelo 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 Sapelo Fund, LP raised?
Sapelo Fund, LP reports $6,856,272 sold from 13 investors on its Form D filed Aug 28, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Sapelo Fund, LP based?
Sapelo Fund, LP is based in Atlanta, Georgia.
When did Sapelo Fund, LP launch?
Sapelo Fund, LP reports its first sale in May 2006.
Size compared with every hedge fund
Raised more than 38% of the 143 hedge funds based in Georgia, and more than 17% of all 10,129 that report sales.