AltMountain

Elementum Directus Onshore Fund LP

Chicago, IL · CIK 1551983 · Managed by Elementum Advisors, LLC

Elementum Directus Onshore Fund LP is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 4, 2025, the fund has sold $48,846,094 of interests to 11 investors since its first sale in Jun 2012. The filing does not set a minimum investment. 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. Related persons named in the filing include John DeCaro; Elementum Advisors, LLC; Michael France.

Performance

No 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
$48,846,094Cumulative sales reported on Form D
Investors
11
First sale
Jun 1, 2012
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
John DeCaro; Elementum Advisors, LLC; Michael France
Latest Form D
Nov 4, 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 Elementum Directus Onshore Fund LP

What is the minimum investment for Elementum Directus Onshore Fund LP?

Elementum Directus Onshore Fund LP's latest Form D, filed Nov 4, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Elementum Directus Onshore Fund LP?

Elementum Directus Onshore Fund LP 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 Elementum Directus Onshore Fund LP raised?

Elementum Directus Onshore Fund LP reports $48,846,094 sold from 11 investors on its Form D filed Nov 4, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Elementum Directus Onshore Fund LP based?

Elementum Directus Onshore Fund LP is based in Chicago, Illinois and is managed by Elementum Advisors, LLC.

When did Elementum Directus Onshore Fund LP launch?

Elementum Directus Onshore Fund LP reports its first sale in Jun 2012.

Size compared with every hedge fund

Raised more than 57% of the 323 hedge funds based in Illinois, and more than 45% of all 10,309 that report sales.

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