AltMountain

Solanas MLP Fund LP

New York, NY · CIK 1571217
Status: no Form D since Aug 2019. 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.

Solanas MLP Fund LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Aug 12, 2019, the fund has sold $42,205,443 of interests to 23 investors since its first sale in Mar 2013. 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 Solanas MLP GP LLC; Jefferies Investment Advisers, 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
$42,205,443Cumulative sales reported on Form D
Investors
23
First sale
Mar 1, 2013
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
Solanas MLP GP LLC; Jefferies Investment Advisers, LLC
Latest Form D
Aug 12, 2019

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 Solanas MLP Fund LP

What is the minimum investment for Solanas MLP Fund LP?

Solanas MLP Fund LP's latest Form D, filed Aug 12, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Solanas MLP Fund LP?

Solanas MLP 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 Solanas MLP Fund LP raised?

Solanas MLP Fund LP reports $42,205,443 sold from 23 investors on its Form D filed Aug 12, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Solanas MLP Fund LP based?

Solanas MLP Fund LP is based in New York, New York.

When did Solanas MLP Fund LP launch?

Solanas MLP Fund LP reports its first sale in Mar 2013.

Size compared with every hedge fund

Raised more than 40% of the 2,526 hedge funds based in New York, and more than 43% of all 10,127 that report sales.

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