AltMountain

Extract Precious Metals Equities Fund LP

Calabasas, CA · CIK 2158074 · Managed by Extract Advisors
Emerging

Extract Precious Metals Equities Fund LP is a hedge fund based in Calabasas, California. According to its most recent Form D, filed Oct 30, 2026, the fund has sold $14,850,000 of interests to 18 investors since its first sale in Oct 2026. The minimum investment it accepts from an outside investor is $250,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Extract Precious Metals Equities GP LLC; Darin Milmeister.

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
$14,850,000Cumulative sales reported on Form D
Investors
18
First sale
Oct 15, 2026
Minimum investment
$250,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Extract Precious Metals Equities GP LLC; Darin Milmeister
Latest Form D
Oct 30, 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 Extract Precious Metals Equities Fund LP

What is the minimum investment for Extract Precious Metals Equities Fund LP?

According to its latest Form D, filed Oct 30, 2026, the minimum investment Extract Precious Metals Equities Fund LP accepts from an outside investor is $250,000.

Who can invest in Extract Precious Metals Equities Fund LP?

Extract Precious Metals Equities 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 Extract Precious Metals Equities Fund LP raised?

Extract Precious Metals Equities Fund LP reports $14,850,000 sold from 18 investors on its Form D filed Oct 30, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Extract Precious Metals Equities Fund LP based?

Extract Precious Metals Equities Fund LP is based in Calabasas, California and is managed by Extract Advisors.

When did Extract Precious Metals Equities Fund LP launch?

Extract Precious Metals Equities Fund LP reports its first sale in Oct 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 40% of the 1,060 hedge funds based in California, and more than 25% of all 10,307 that report sales.

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