Avalon Electricity Fund is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 4, 2026, the fund has sold $33,128,775 of interests to 5 investors since its first sale in Feb 2024. 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 Power Innovation GP, LLC; David Wang.
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
- $33,128,775Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 15, 2024
- 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
- Power Innovation GP, LLC; David Wang
- Latest Form D
- Mar 4, 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 Avalon Electricity Fund
What is the minimum investment for Avalon Electricity Fund?
Avalon Electricity Fund's latest Form D, filed Mar 4, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Avalon Electricity Fund?
Avalon Electricity Fund 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 Avalon Electricity Fund raised?
Avalon Electricity Fund reports $33,128,775 sold from 5 investors on its Form D filed Mar 4, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Avalon Electricity Fund based?
Avalon Electricity Fund is based in New York, New York.
When did Avalon Electricity Fund launch?
Avalon Electricity Fund reports its first sale in Feb 2024, 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 37% of the 2,544 hedge funds based in New York, and more than 39% of all 10,307 that report sales.