Eli Circle IDF, LP
Eli Circle IDF, LP is a hedge fund based in Greenville, Delaware. According to its most recent Form D, filed Nov 14, 2025, the fund has sold $120,240,000 of interests to 5 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $500,000. 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. Related persons named in the filing include Spearhead Administrative Services LLC; Ken Foley; Spearhead IDF Partners, LLC.
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
- $120,240,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Aug 1, 2023
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Spearhead Administrative Services LLC; Ken Foley; Spearhead IDF Partners, LLC
- Latest Form D
- Nov 14, 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 Eli Circle IDF, LP
What is the minimum investment for Eli Circle IDF, LP?
According to its latest Form D, filed Nov 14, 2025, the minimum investment Eli Circle IDF, LP accepts from an outside investor is $500,000.
Who can invest in Eli Circle IDF, LP?
Eli Circle IDF, 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 Eli Circle IDF, LP raised?
Eli Circle IDF, LP reports $120,240,000 sold from 5 investors on its Form D filed Nov 14, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Eli Circle IDF, LP based?
Eli Circle IDF, LP is based in Greenville, Delaware and is managed by Spearhead Administrative Services, LLC.
When did Eli Circle IDF, LP launch?
Eli Circle IDF, LP reports its first sale in Aug 2023.
Size compared with every hedge fund
Raised more than 69% of the 190 hedge funds based in Delaware, and more than 61% of all 10,308 that report sales.