AIR Policy Portfolio I, LP is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 9, 2025, the fund has sold $101,597,711 of interests to 8 investors since its first sale in May 2018. The minimum investment it accepts from an outside investor is $2,000,000. 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 Stephen Luongo; Policy Portfolio Management, LLC; Matthew Schaefer.
Performance
No verified 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
- $101,597,711Cumulative sales reported on Form D
- Investors
- 8
- First sale
- May 1, 2018
- Minimum investment
- $2,000,000
- 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
- Stephen Luongo; Policy Portfolio Management, LLC; Matthew Schaefer
- Latest Form D
- Jun 9, 2025
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 AIR Policy Portfolio I, LP
What is the minimum investment for AIR Policy Portfolio I, LP?
According to its latest Form D, filed Jun 9, 2025, the minimum investment AIR Policy Portfolio I, LP accepts from an outside investor is $2,000,000.
Who can invest in AIR Policy Portfolio I, LP?
AIR Policy Portfolio I, 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 AIR Policy Portfolio I, LP raised?
AIR Policy Portfolio I, LP reports $101,597,711 sold from 8 investors on its Form D filed Jun 9, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is AIR Policy Portfolio I, LP based?
AIR Policy Portfolio I, LP is based in Chicago, Illinois.
When did AIR Policy Portfolio I, LP launch?
AIR Policy Portfolio I, LP reports its first sale in May 2018.
Size compared with every hedge fund
Raised more than 70% of the 323 hedge funds based in Illinois, and more than 58% of all 10,307 that report sales.