First Light Genesis Fund, LP
First Light Genesis Fund, LP is a hedge fund based in Edina, Minnesota. According to its most recent Form D, filed Mar 6, 2026, the fund has sold $84,618,607 of interests to 1 investor since its first sale in Feb 2024. 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 First Light Genesis+ Fund GP, LLC; First Light Asset Management, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, First Light Asset Management, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +21.5% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +73.4% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $84,618,607Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Feb 14, 2024
- 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
- First Light Genesis+ Fund GP, LLC; First Light Asset Management, LLC
- Latest Form D
- Mar 6, 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 First Light Genesis Fund, LP
What is the minimum investment for First Light Genesis Fund, LP?
First Light Genesis Fund, LP's latest Form D, filed Mar 6, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in First Light Genesis Fund, LP?
First Light Genesis 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 First Light Genesis Fund, LP raised?
First Light Genesis Fund, LP reports $84,618,607 sold from 1 investor on its Form D filed Mar 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is First Light Genesis Fund, LP based?
First Light Genesis Fund, LP is based in Edina, Minnesota and is managed by First Light Asset Management, LLC.
When did First Light Genesis Fund, LP launch?
First Light Genesis Fund, LP reports its first sale in Feb 2024.
Size compared with every hedge fund
Raised more than 67% of the 70 hedge funds based in Minnesota, and more than 55% of all 10,308 that report sales.