Snowball Fund, LP is a hedge fund based in Charlotte, North Carolina. According to its most recent Form D, filed Sep 8, 2022, the fund has sold $73,635,709 of interests to 21 investors since its first sale in Jan 2010. The minimum investment it accepts from an outside investor is $500,000. 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 Andrew Aguilera; Shawn Wilfong; Seth Wilfong.
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
- $73,635,709Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jan 1, 2010
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $50,000,001 - $100,000,000Self-reported
- Key people and entities
- Andrew Aguilera; Shawn Wilfong; Seth Wilfong
- Latest Form D
- Sep 8, 2022
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 Snowball Fund, LP
What is the minimum investment for Snowball Fund, LP?
According to its latest Form D, filed Sep 8, 2022, the minimum investment Snowball Fund, LP accepts from an outside investor is $500,000.
Who can invest in Snowball Fund, LP?
Snowball 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). It uses Rule 506(b), which does not allow general advertising.
How much has Snowball Fund, LP raised?
Snowball Fund, LP reports $73,635,709 sold from 21 investors on its Form D filed Sep 8, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Snowball Fund, LP based?
Snowball Fund, LP is based in Charlotte, North Carolina.
When did Snowball Fund, LP launch?
Snowball Fund, LP reports its first sale in Jan 2010.
Size compared with every hedge fund
Raised more than 77% of the 75 hedge funds based in North Carolina, and more than 52% of all 10,127 that report sales.