Thrax Fund, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Jan 22, 2016, the fund has sold $66,250,000 of interests to 11 investors since its first sale in Jan 2015. 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 Thrax Management GP LLC; Sheetal Duggal.
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
- $66,250,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jan 6, 2015
- 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
- Thrax Management GP LLC; Sheetal Duggal
- Latest Form D
- Jan 22, 2016
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 Thrax Fund, LP
What is the minimum investment for Thrax Fund, LP?
Thrax Fund, LP's latest Form D, filed Jan 22, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Thrax Fund, LP?
Thrax 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 Thrax Fund, LP raised?
Thrax Fund, LP reports $66,250,000 sold from 11 investors on its Form D filed Jan 22, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Thrax Fund, LP based?
Thrax Fund, LP is based in New York, New York.
When did Thrax Fund, LP launch?
Thrax Fund, LP reports its first sale in Jan 2015.
Size compared with every hedge fund
Raised more than 48% of the 2,524 hedge funds based in New York, and more than 51% of all 10,128 that report sales.