Perast Fund LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Feb 18, 2026, the fund has sold $75,337,748 of interests to 59 investors since its first sale in Jun 2019. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include James Ramsey; Perast Capital Management; Dave Hicks.
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
- $75,337,748Cumulative sales reported on Form D
- Investors
- 59
- First sale
- Jun 1, 2019
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- James Ramsey; Perast Capital Management; Dave Hicks
- Latest Form D
- Feb 18, 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 Perast Fund LP
What is the minimum investment for Perast Fund LP?
According to its latest Form D, filed Feb 18, 2026, the minimum investment Perast Fund LP accepts from an outside investor is $500,000.
Who can invest in Perast Fund LP?
Perast 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Perast Fund LP raised?
Perast Fund LP reports $75,337,748 sold from 59 investors on its Form D filed Feb 18, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Perast Fund LP based?
Perast Fund LP is based in San Francisco, California.
When did Perast Fund LP launch?
Perast Fund LP reports its first sale in Jun 2019.
Size compared with every hedge fund
Raised more than 63% of the 1,060 hedge funds based in California, and more than 53% of all 10,308 that report sales.