Null Capital, LP is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Jul 9, 2026, the fund has sold $475,000 of interests to 3 investors since its first sale in Jun 2026. The minimum investment it accepts from an outside investor is $50,000. 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 Samer Hatem; Ethan McKenzie.
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
- $475,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jun 15, 2026
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Samer Hatem; Ethan McKenzie
- Latest Form D
- Jul 9, 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 Null Capital, LP
What is the minimum investment for Null Capital, LP?
According to its latest Form D, filed Jul 9, 2026, the minimum investment Null Capital, LP accepts from an outside investor is $50,000.
Who can invest in Null Capital, LP?
Null Capital, 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 Null Capital, LP raised?
Null Capital, LP reports $475,000 sold from 3 investors on its Form D filed Jul 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Null Capital, LP based?
Null Capital, LP is based in Austin, Texas.
When did Null Capital, LP launch?
Null Capital, LP reports its first sale in Jun 2026, 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 13% of the 631 hedge funds based in Texas, and more than 3% of all 10,308 that report sales.