AltMountain

AJOVista Emerging Markets Small-Cap Fund, Ltd.

Belmont, MA · CIK 1694312 · Managed by Ajovista
Emerging

AJOVista Emerging Markets Small-Cap Fund, Ltd. is a hedge fund based in Belmont, Massachusetts. According to its most recent Form D, filed Jan 16, 2026, the fund has sold $25,200,000 of interests to 5 investors since its first sale in Jan 2022. The minimum investment it accepts from an outside investor is $1,000,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael McDonald; Ruan van Vuuren; Theodore Aronson.

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.

Is this your fund? Report your monthly returns · How performance works

Total raised
$25,200,000Cumulative sales reported on Form D
Investors
5
First sale
Jan 3, 2022
Minimum investment
$1,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael McDonald; Ruan van Vuuren; Theodore Aronson
Latest Form D
Jan 16, 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 AJOVista Emerging Markets Small-Cap Fund, Ltd.

What is the minimum investment for AJOVista Emerging Markets Small-Cap Fund, Ltd.?

According to its latest Form D, filed Jan 16, 2026, the minimum investment AJOVista Emerging Markets Small-Cap Fund, Ltd. accepts from an outside investor is $1,000,000.

Who can invest in AJOVista Emerging Markets Small-Cap Fund, Ltd.?

AJOVista Emerging Markets Small-Cap Fund, Ltd. 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 AJOVista Emerging Markets Small-Cap Fund, Ltd. raised?

AJOVista Emerging Markets Small-Cap Fund, Ltd. reports $25,200,000 sold from 5 investors on its Form D filed Jan 16, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is AJOVista Emerging Markets Small-Cap Fund, Ltd. based?

AJOVista Emerging Markets Small-Cap Fund, Ltd. is based in Belmont, Massachusetts and is managed by Ajovista.

When did AJOVista Emerging Markets Small-Cap Fund, Ltd. launch?

AJOVista Emerging Markets Small-Cap Fund, Ltd. reports its first sale in Jan 2022, 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 25% of the 474 hedge funds based in Massachusetts, and more than 34% of all 10,307 that report sales.

Other funds with the same team

Similar-size hedge funds in Massachusetts

All hedge funds in Massachusetts · Emerging managers