MainSail Fund, LP is a hedge fund based in Dallas, Texas. According to its most recent Form D, filed Apr 28, 2025, the fund has sold $10,000,000 of interests to 8 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $100,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include MainSail Fund GP, LLC; Adam Till.
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
- $10,000,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Apr 16, 2025
- Minimum investment
- $100,000
- 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
- MainSail Fund GP, LLC; Adam Till
- Latest Form D
- Apr 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 MainSail Fund, LP
What is the minimum investment for MainSail Fund, LP?
According to its latest Form D, filed Apr 28, 2025, the minimum investment MainSail Fund, LP accepts from an outside investor is $100,000.
Who can invest in MainSail Fund, LP?
MainSail Fund, 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 MainSail Fund, LP raised?
MainSail Fund, LP reports $10,000,000 sold from 8 investors on its Form D filed Apr 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is MainSail Fund, LP based?
MainSail Fund, LP is based in Dallas, Texas.
When did MainSail Fund, LP launch?
MainSail Fund, 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 33% of the 631 hedge funds based in Texas, and more than 21% of all 10,308 that report sales.