Turas Fund LP is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Jan 12, 2026, the fund has sold $9,750,000 of interests to 8 investors since its first sale in Jan 2026. The filing does not set a minimum investment. 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 Richard Pierce.
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
- $9,750,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jan 2, 2026
- Minimum investment
- None set
- 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
- Richard Pierce
- Latest Form D
- Jan 12, 2026
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 Turas Fund LP
What is the minimum investment for Turas Fund LP?
Turas Fund LP's latest Form D, filed Jan 12, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Turas Fund LP?
Turas 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(b), which does not allow general advertising.
How much has Turas Fund LP raised?
Turas Fund LP reports $9,750,000 sold from 8 investors on its Form D filed Jan 12, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Turas Fund LP based?
Turas Fund LP is based in Boston, Massachusetts and is managed by Turas Capital Management.
When did Turas Fund LP launch?
Turas Fund LP reports its first sale in Jan 2026, 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 16% of the 475 hedge funds based in Massachusetts, and more than 21% of all 10,197 that report sales.