Spruce Peak Fund, LP is a hedge fund based in Shelburne, Vermont. According to its most recent Form D, filed May 12, 2021, the fund has sold $250,000 of interests to 2 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $1. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Emmanuel Lemelson.
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
- $250,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- May 1, 2021
- Minimum investment
- $1
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Emmanuel Lemelson
- Latest Form D
- May 12, 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 Spruce Peak Fund, LP
What is the minimum investment for Spruce Peak Fund, LP?
According to its latest Form D, filed May 12, 2021, the minimum investment Spruce Peak Fund, LP accepts from an outside investor is $1.
Who can invest in Spruce Peak Fund, LP?
Spruce Peak 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Spruce Peak Fund, LP raised?
Spruce Peak Fund, LP reports $250,000 sold from 2 investors on its Form D filed May 12, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Spruce Peak Fund, LP based?
Spruce Peak Fund, LP is based in Shelburne, Vermont.
When did Spruce Peak Fund, LP launch?
Spruce Peak Fund, LP reports its first sale in May 2021.
Size compared with every hedge fund
Raised more than 25% of the 8 hedge funds based in Vermont, and more than 2% of all 10,134 that report sales.