Stormborn Partners, LP is a hedge fund based in Palm Beach, Florida. According to its most recent Form D, filed Nov 20, 2024, the fund has sold $16,451,090 of interests to 59 investors since its first sale in Jan 2022. The minimum investment it accepts from an outside investor is $250,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Breckenridge Kling; Garrett Kling.
Performance
No verified 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
- $16,451,090Cumulative sales reported on Form D
- Investors
- 59
- First sale
- Jan 1, 2022
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Breckenridge Kling; Garrett Kling
- Latest Form D
- Nov 20, 2024
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 Stormborn Partners, LP
What is the minimum investment for Stormborn Partners, LP?
According to its latest Form D, filed Nov 20, 2024, the minimum investment Stormborn Partners, LP accepts from an outside investor is $250,000.
Who can invest in Stormborn Partners, LP?
Stormborn Partners, 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 Stormborn Partners, LP raised?
Stormborn Partners, LP reports $16,451,090 sold from 59 investors on its Form D filed Nov 20, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Stormborn Partners, LP based?
Stormborn Partners, LP is based in Palm Beach, Florida.
When did Stormborn Partners, LP launch?
Stormborn Partners, LP reports its first sale in Jan 2022, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 54% of the 750 hedge funds based in Florida, and more than 27% of all 10,308 that report sales.