Aleto Market Neutral Fund LP is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 20, 2026, the fund has sold $25,202,000 of interests to 16 investors since its first sale in Dec 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Avrohom Vann; Magma Capital Management LLC; Aleto Market Neutral Fund GP, LLC.
- Total raised
- $25,202,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Dec 13, 2024
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Avrohom Vann; Magma Capital Management LLC; Aleto Market Neutral Fund GP, LLC
- Latest Form D
- Feb 20, 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 HedgeMountain 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
Size compared with every hedge fund
Raised more than 46% of the 321 hedge funds based in Illinois, and more than 33% of all 10,157 that report sales.