Nerano Fund LP is a hedge fund based in Menlo Park, California. According to its most recent Form D, filed Feb 17, 2026, the fund has sold $20,500,000 of interests to 3 investors since its first sale in Oct 2022. The minimum investment it accepts from an outside investor is $500,000. 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 Rohit Malhotra; Panna Management LLC; Panna GP LLC.
Performance
No 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
- $20,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Oct 1, 2022
- Minimum investment
- $500,000
- 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
- Rohit Malhotra; Panna Management LLC; Panna GP LLC
- Latest Form D
- Feb 17, 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 Nerano Fund LP
What is the minimum investment for Nerano Fund LP?
According to its latest Form D, filed Feb 17, 2026, the minimum investment Nerano Fund LP accepts from an outside investor is $500,000.
Who can invest in Nerano Fund LP?
Nerano 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 Nerano Fund LP raised?
Nerano Fund LP reports $20,500,000 sold from 3 investors on its Form D filed Feb 17, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Nerano Fund LP based?
Nerano Fund LP is based in Menlo Park, California.
When did Nerano Fund LP launch?
Nerano Fund 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 44% of the 1,060 hedge funds based in California, and more than 31% of all 10,309 that report sales.