Palm LT Fund LP is a hedge fund based in Naples, Florida. According to its most recent Form D, filed Sep 30, 2026, the fund has sold $10,642,345 of interests to 52 investors since its first sale in May 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 Jason Retz; Palm LT Fund GP LLC; Zachary Chernoch.
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
- $10,642,345Cumulative sales reported on Form D
- Investors
- 52
- First sale
- May 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
- Jason Retz; Palm LT Fund GP LLC; Zachary Chernoch
- Latest Form D
- Sep 30, 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 Palm LT Fund LP
What is the minimum investment for Palm LT Fund LP?
According to its latest Form D, filed Sep 30, 2026, the minimum investment Palm LT Fund LP accepts from an outside investor is $500,000.
Who can invest in Palm LT Fund LP?
Palm LT 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 Palm LT Fund LP raised?
Palm LT Fund LP reports $10,642,345 sold from 52 investors on its Form D filed Sep 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Palm LT Fund LP based?
Palm LT Fund LP is based in Naples, Florida.
When did Palm LT Fund LP launch?
Palm LT Fund LP reports its first sale in May 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 48% of the 750 hedge funds based in Florida, and more than 22% of all 10,308 that report sales.