AltMountain

Sutherland Fund, LP

New York, NY · CIK 1542202
Status: no Form D since Aug 2015. 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.

Sutherland Fund, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Aug 4, 2015, the fund has sold $25,606,592 of interests to 50 investors since its first sale in Dec 2011. The minimum investment it accepts from an outside investor is $1,000,000. 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 Thomas Capasse; Waterfall Asset Management, LLC; Waterfall Management, 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
$25,606,592Cumulative sales reported on Form D
Investors
50
First sale
Dec 1, 2011
Minimum investment
$1,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Thomas Capasse; Waterfall Asset Management, LLC; Waterfall Management, LLC
Latest Form D
Aug 4, 2015

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 Sutherland Fund, LP

What is the minimum investment for Sutherland Fund, LP?

According to its latest Form D, filed Aug 4, 2015, the minimum investment Sutherland Fund, LP accepts from an outside investor is $1,000,000.

Who can invest in Sutherland Fund, LP?

Sutherland 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 Sutherland Fund, LP raised?

Sutherland Fund, LP reports $25,606,592 sold from 50 investors on its Form D filed Aug 4, 2015. This is cumulative sales since the offering began, not current assets or performance.

Where is Sutherland Fund, LP based?

Sutherland Fund, LP is based in New York, New York.

When did Sutherland Fund, LP launch?

Sutherland Fund, LP reports its first sale in Dec 2011.

Size compared with every hedge fund

Raised more than 34% of the 2,524 hedge funds based in New York, and more than 34% of all 10,129 that report sales.

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