Herlan Capital LP is a hedge fund based in Tulsa, Oklahoma. According to its most recent Form D, filed Oct 22, 2025, the fund has sold $250,000 of interests to 1 investor since its first sale in Apr 2025. 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 Joshua Herlan; Herlan Capital 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
- $250,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 16, 2025
- 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
- Joshua Herlan; Herlan Capital GP, LLC
- Latest Form D
- Oct 22, 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 Herlan Capital LP
What is the minimum investment for Herlan Capital LP?
Herlan Capital LP's latest Form D, filed Oct 22, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Herlan Capital LP?
Herlan Capital 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 Herlan Capital LP raised?
Herlan Capital LP reports $250,000 sold from 1 investor on its Form D filed Oct 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Herlan Capital LP based?
Herlan Capital LP is based in Tulsa, Oklahoma.
When did Herlan Capital LP launch?
Herlan Capital LP reports its first sale in Apr 2025, 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 60% of the 10 hedge funds based in Oklahoma, and more than 2% of all 10,308 that report sales.