Baztec Partners, LP is a hedge fund based in Edina, Minnesota. According to its most recent Form D, filed Feb 10, 2025, the fund has sold $3,223,358 of interests to 10 investors since its first sale in Mar 2021. The minimum investment it accepts from an outside investor is $250,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Bryan Applequist; Baztec Capital, LLC; Patrick Mulvehill.
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
- $3,223,358Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Mar 17, 2021
- Minimum investment
- $250,000
- 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
- Bryan Applequist; Baztec Capital, LLC; Patrick Mulvehill
- Latest Form D
- Feb 10, 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 Baztec Partners, LP
What is the minimum investment for Baztec Partners, LP?
According to its latest Form D, filed Feb 10, 2025, the minimum investment Baztec Partners, LP accepts from an outside investor is $250,000.
Who can invest in Baztec Partners, LP?
Baztec Partners, 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 Baztec Partners, LP raised?
Baztec Partners, LP reports $3,223,358 sold from 10 investors on its Form D filed Feb 10, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Baztec Partners, LP based?
Baztec Partners, LP is based in Edina, Minnesota.
When did Baztec Partners, LP launch?
Baztec Partners, LP reports its first sale in Mar 2021, 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 14% of the 70 hedge funds based in Minnesota, and more than 12% of all 10,308 that report sales.