AltMountain

12 Flags Consumer Fund, LP

Offshore

12 Flags Consumer Fund, LP is a private equity fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jul 23, 2026, it has sold $50,578,947 of interests to 8 investors since its first sale in Jul 2023. 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 General Partner 12 Flags Consumer Fund GP; Rakesh Kapoor.

Total raised
$50,578,947Cumulative sales reported on Form D
Investors
8
First sale
Jul 25, 2023
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
General Partner 12 Flags Consumer Fund GP; Rakesh Kapoor
Latest Form D
Jul 23, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about 12 Flags Consumer Fund, LP

What is the minimum investment for 12 Flags Consumer Fund, LP?

12 Flags Consumer Fund, LP's latest Form D, filed Jul 23, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in 12 Flags Consumer Fund, LP?

12 Flags Consumer 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 12 Flags Consumer Fund, LP raised?

12 Flags Consumer Fund, LP reports $50,578,947 sold from 8 investors on its Form D filed Jul 23, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is 12 Flags Consumer Fund, LP based?

12 Flags Consumer Fund, LP is based in Grand Cayman, Cayman Islands and is managed by 12 Flags Consumer Fund GP.

When did 12 Flags Consumer Fund, LP launch?

12 Flags Consumer Fund, LP reports its first sale in Jul 2023.

Size compared with every private equity fund

Raised more than 69% of the 350 private equity funds based in Cayman Islands, and more than 64% of all 9,142 that report sales.

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