Fastra Elite Fund LP is a hedge fund based in Southlake, Texas. According to its most recent Form D, filed Aug 19, 2026, the fund has sold $1,605,021 of interests to 6 investors since its first sale in Jan 2025. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Ravi Gullapalli.
- Total raised
- $1,605,021Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jan 1, 2025
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ravi Gullapalli
- Latest Form D
- Aug 19, 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 18% of the 668 hedge funds based in Texas, and more than 8% of all 10,157 that report sales.