Spruce Hedge Fund Program LP is a hedge fund based in Stamford, Connecticut. According to its most recent Form D, filed Mar 16, 2018, the fund has sold $34,641,120 of interests to 39 investors since its first sale in Apr 2014. 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 Spruce Capital Management, LLC; Robert Bastone; John Bailey.
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
- $34,641,120Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Apr 1, 2014
- 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
- Spruce Capital Management, LLC; Robert Bastone; John Bailey
- Latest Form D
- Mar 16, 2018
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 Spruce Hedge Fund Program LP
What is the minimum investment for Spruce Hedge Fund Program LP?
Spruce Hedge Fund Program LP's latest Form D, filed Mar 16, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Spruce Hedge Fund Program LP?
Spruce Hedge Fund Program 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 Spruce Hedge Fund Program LP raised?
Spruce Hedge Fund Program LP reports $34,641,120 sold from 39 investors on its Form D filed Mar 16, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Spruce Hedge Fund Program LP based?
Spruce Hedge Fund Program LP is based in Stamford, Connecticut.
When did Spruce Hedge Fund Program LP launch?
Spruce Hedge Fund Program LP reports its first sale in Apr 2014.
Size compared with every hedge fund
Raised more than 45% of the 853 hedge funds based in Connecticut, and more than 39% of all 10,119 that report sales.