Toulon Capital LLC is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Apr 3, 2026, the fund has sold $425,000 of interests to 4 investors since its first sale in Mar 2026. The minimum investment it accepts from an outside investor is $1,000. 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 John Zielinski.
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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $425,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Mar 20, 2026
- Minimum investment
- $1,000
- 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
- John Zielinski
- Latest Form D
- Apr 3, 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 Toulon Capital LLC
What is the minimum investment for Toulon Capital LLC?
According to its latest Form D, filed Apr 3, 2026, the minimum investment Toulon Capital LLC accepts from an outside investor is $1,000.
Who can invest in Toulon Capital LLC?
Toulon Capital LLC 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 Toulon Capital LLC raised?
Toulon Capital LLC reports $425,000 sold from 4 investors on its Form D filed Apr 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Toulon Capital LLC based?
Toulon Capital LLC is based in Chicago, Illinois.
When did Toulon Capital LLC launch?
Toulon Capital LLC reports its first sale in Mar 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 12% of the 323 hedge funds based in Illinois, and more than 3% of all 10,308 that report sales.