Helios I, LP
Helios I, LP is a hedge fund based in Cranberry Township, Pennsylvania. According to its most recent Form D, filed Jan 28, 2025, the fund has sold $28,380,000 of interests to 28 investors since its first sale in Oct 2022. The filing does not set a minimum investment. 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 Hestia Capital Management LLC; Kurtis Wolf; Hestia Capital Partners GP 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
- $28,380,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Oct 3, 2022
- Minimum investment
- None set
- 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
- Hestia Capital Management LLC; Kurtis Wolf; Hestia Capital Partners GP LLC
- Latest Form D
- Jan 28, 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 Helios I, LP
What is the minimum investment for Helios I, LP?
Helios I, LP's latest Form D, filed Jan 28, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Helios I, LP?
Helios I, 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 Helios I, LP raised?
Helios I, LP reports $28,380,000 sold from 28 investors on its Form D filed Jan 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Helios I, LP based?
Helios I, LP is based in Cranberry Township, Pennsylvania and is managed by Hestia Capital Management, LLC.
When did Helios I, LP launch?
Helios I, LP reports its first sale in Oct 2022, 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 51% of the 143 hedge funds based in Pennsylvania, and more than 36% of all 10,308 that report sales.