Arcana Fund, LP is a hedge fund based in Huntingdon Valley, Pennsylvania. According to its most recent Form D, filed Mar 20, 2026, the fund has sold $1,941,000 of interests to 10 investors since its first sale in Mar 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 Arcana Partners GP, LLC; Darryl Hasen.
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
- $1,941,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Mar 1, 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
- Arcana Partners GP, LLC; Darryl Hasen
- Latest Form D
- Mar 20, 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 Arcana Fund, LP
What is the minimum investment for Arcana Fund, LP?
Arcana Fund, LP's latest Form D, filed Mar 20, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Arcana Fund, LP?
Arcana 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 Arcana Fund, LP raised?
Arcana Fund, LP reports $1,941,000 sold from 10 investors on its Form D filed Mar 20, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Arcana Fund, LP based?
Arcana Fund, LP is based in Huntingdon Valley, Pennsylvania.
When did Arcana Fund, LP launch?
Arcana Fund, LP reports its first sale in Mar 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 20% of the 143 hedge funds based in Pennsylvania, and more than 8% of all 10,308 that report sales.