LB Rule One Partners LP
LB Rule One Partners LP is a hedge fund based in Charlottesville, Virginia. According to its most recent Form D, filed Jan 20, 2026, the fund has sold $3,750,000 of interests to 9 investors since its first sale in Oct 2020. 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. Related persons named in the filing include LB Partners LLC; LB Rule One GP LLC; Charles Cocke Jr.
Performance
No verified returns have been reported for this fund. As a rough guide, LB Partners LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +16.0% 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 +36.9% (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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $3,750,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Oct 1, 2020
- 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
- LB Partners LLC; LB Rule One GP LLC; Charles Cocke Jr
- Latest Form D
- Jan 20, 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 LB Rule One Partners LP
What is the minimum investment for LB Rule One Partners LP?
LB Rule One Partners LP's latest Form D, filed Jan 20, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in LB Rule One Partners LP?
LB Rule One Partners 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 LB Rule One Partners LP raised?
LB Rule One Partners LP reports $3,750,000 sold from 9 investors on its Form D filed Jan 20, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is LB Rule One Partners LP based?
LB Rule One Partners LP is based in Charlottesville, Virginia and is managed by LB Partners LLC.
When did LB Rule One Partners LP launch?
LB Rule One Partners LP reports its first sale in Oct 2020.
Size compared with every hedge fund
Raised more than 22% of the 102 hedge funds based in Virginia, and more than 13% of all 10,308 that report sales.