AltMountain

Underhill Partners, L.P.

New York, NY · CIK 1132844 · Managed by Ingalls Investment Management, LLC

Underhill Partners, L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 10, 2026, the fund has sold $40,001,386 of interests to 56 investors since its first sale in Jan 2001. 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. Related persons named in the filing include Underhill Capital, L.L.C; Ingalls Investment Management, LLC.

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
$40,001,386Cumulative sales reported on Form D
Investors
56
First sale
Jan 1, 2001
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
Underhill Capital, L.L.C; Ingalls Investment Management, LLC
Latest Form D
Sep 10, 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 Underhill Partners, L.P.

What is the minimum investment for Underhill Partners, L.P.?

According to its latest Form D, filed Sep 10, 2026, the minimum investment Underhill Partners, L.P. accepts from an outside investor is $1,000,000.

Who can invest in Underhill Partners, L.P.?

Underhill Partners, L.P. 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 Underhill Partners, L.P. raised?

Underhill Partners, L.P. reports $40,001,386 sold from 56 investors on its Form D filed Sep 10, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Underhill Partners, L.P. based?

Underhill Partners, L.P. is based in New York, New York and is managed by Ingalls Investment Management, LLC.

When did Underhill Partners, L.P. launch?

Underhill Partners, L.P. reports its first sale in Jan 2001.

Size compared with every hedge fund

Raised more than 39% of the 2,544 hedge funds based in New York, and more than 42% of all 10,308 that report sales.

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