Purple Chip Value Fund I, LP is a hedge fund based in Canton, Georgia. According to its most recent Form D, filed Dec 11, 2025, the fund has sold $10,370,000 of interests to 10 investors since its first sale in Apr 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Purple Chip Capital Management, LLC; Purple Chip Value GP I, LLC; Jason Dickerson.
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
- $10,370,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Apr 1, 2025
- 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
- Purple Chip Capital Management, LLC; Purple Chip Value GP I, LLC; Jason Dickerson
- Latest Form D
- Dec 11, 2025
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 Purple Chip Value Fund I, LP
What is the minimum investment for Purple Chip Value Fund I, LP?
According to its latest Form D, filed Dec 11, 2025, the minimum investment Purple Chip Value Fund I, LP accepts from an outside investor is $1,000,000.
Who can invest in Purple Chip Value Fund I, LP?
Purple Chip Value Fund I, 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 Purple Chip Value Fund I, LP raised?
Purple Chip Value Fund I, LP reports $10,370,000 sold from 10 investors on its Form D filed Dec 11, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Purple Chip Value Fund I, LP based?
Purple Chip Value Fund I, LP is based in Canton, Georgia.
When did Purple Chip Value Fund I, LP launch?
Purple Chip Value Fund I, LP reports its first sale in Apr 2025, 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 42% of the 144 hedge funds based in Georgia, and more than 21% of all 10,308 that report sales.