New River LP is a hedge fund based in Rowayton, Connecticut. According to its most recent Form D, filed Oct 1, 2015, the fund has sold $5,675,000 of interests to 4 investors since its first sale in Oct 2014. 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 New River Capital Management LP; New River Capital Management GP LLC; Joshua Lester.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $5,675,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 1, 2014
- 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
- New River Capital Management LP; New River Capital Management GP LLC; Joshua Lester
- Latest Form D
- Oct 1, 2015
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 New River LP
What is the minimum investment for New River LP?
According to its latest Form D, filed Oct 1, 2015, the minimum investment New River LP accepts from an outside investor is $1,000,000.
Who can invest in New River LP?
New River 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 New River LP raised?
New River LP reports $5,675,000 sold from 4 investors on its Form D filed Oct 1, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is New River LP based?
New River LP is based in Rowayton, Connecticut.
When did New River LP launch?
New River LP reports its first sale in Oct 2014.
Size compared with every hedge fund
Raised more than 10% of the 860 hedge funds based in Connecticut, and more than 16% of all 10,129 that report sales.