AltMountain

WaveRider Fund, LP

Geneva, IL · CIK 1668160
Status: no Form D since May 2017. 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.

WaveRider Fund, LP is a hedge fund based in Geneva, Illinois. According to its most recent Form D, filed May 25, 2017, the fund has sold $2,000,000 of interests to 1 investor since its first sale in Jan 2016. The minimum investment it accepts from an outside investor is $500,000. 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. Related persons named in the filing include Buckeye Trading Partners, LLC; Steve Sloma; Douglas Newman.

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
$2,000,000Cumulative sales reported on Form D
Investors
1
First sale
Jan 1, 2016
Minimum investment
$500,000
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
Buckeye Trading Partners, LLC; Steve Sloma; Douglas Newman
Latest Form D
May 25, 2017

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 WaveRider Fund, LP

What is the minimum investment for WaveRider Fund, LP?

According to its latest Form D, filed May 25, 2017, the minimum investment WaveRider Fund, LP accepts from an outside investor is $500,000.

Who can invest in WaveRider Fund, LP?

WaveRider 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 WaveRider Fund, LP raised?

WaveRider Fund, LP reports $2,000,000 sold from 1 investor on its Form D filed May 25, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is WaveRider Fund, LP based?

WaveRider Fund, LP is based in Geneva, Illinois.

When did WaveRider Fund, LP launch?

WaveRider Fund, LP reports its first sale in Jan 2016.

Size compared with every hedge fund

Raised more than 18% of the 318 hedge funds based in Illinois, and more than 8% of all 10,129 that report sales.

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