AltMountain

SP Capital LP

Charlotte, NC · CIK 1624414
Status: no Form D since Aug 2021. 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.

SP Capital LP is a hedge fund based in Charlotte, North Carolina. According to its most recent Form D, filed Aug 20, 2021, the fund has sold $31,676,426 of interests to 58 investors since its first sale in Sep 2014. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Timothy Smith; Jon Michael Morgan.

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
$31,676,426Cumulative sales reported on Form D
Investors
58
First sale
Sep 22, 2014
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Timothy Smith; Jon Michael Morgan
Latest Form D
Aug 20, 2021

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 SP Capital LP

What is the minimum investment for SP Capital LP?

According to its latest Form D, filed Aug 20, 2021, the minimum investment SP Capital LP accepts from an outside investor is $100,000.

Who can invest in SP Capital LP?

SP Capital LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has SP Capital LP raised?

SP Capital LP reports $31,676,426 sold from 58 investors on its Form D filed Aug 20, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is SP Capital LP based?

SP Capital LP is based in Charlotte, North Carolina.

When did SP Capital LP launch?

SP Capital LP reports its first sale in Sep 2014.

Size compared with every hedge fund

Raised more than 64% of the 75 hedge funds based in North Carolina, and more than 38% of all 10,128 that report sales.

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