AltMountain

LFL Partners L P

Evanston, IL · CIK 1347716 · Managed by LFL Advisers, LLC

LFL Partners L P is a hedge fund based in Evanston, Illinois. According to its most recent Form D, filed Mar 18, 2026, the fund has sold $144,600,000 of interests to 5 investors since its first sale in Jan 2006. The minimum investment it accepts from an outside investor is $1,000,000. 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 LFL Advisers, LLC; Peter Lewis.

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
$144,600,000Cumulative sales reported on Form D
Investors
5
First sale
Jan 1, 2006
Minimum investment
$1,000,000
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
LFL Advisers, LLC; Peter Lewis
Latest Form D
Mar 18, 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 LFL Partners L P

What is the minimum investment for LFL Partners L P?

According to its latest Form D, filed Mar 18, 2026, the minimum investment LFL Partners L P accepts from an outside investor is $1,000,000.

Who can invest in LFL Partners L P?

LFL Partners L P 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 LFL Partners L P raised?

LFL Partners L P reports $144,600,000 sold from 5 investors on its Form D filed Mar 18, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is LFL Partners L P based?

LFL Partners L P is based in Evanston, Illinois and is managed by LFL Advisers, LLC.

When did LFL Partners L P launch?

LFL Partners L P reports its first sale in Jan 2006.

Size compared with every hedge fund

Raised more than 76% of the 323 hedge funds based in Illinois, and more than 64% of all 10,308 that report sales.

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