First Growth Capital Partners LP
First Growth Capital Partners LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Sep 22, 2026, the fund has sold $21,000,000 of interests to 21 investors since its first sale in Jun 2015. The minimum investment it accepts from an outside investor is $1,000,000. 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. Related persons named in the filing include Nicolas Boullet; First Growth Capital 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 HedgeMountain directly.
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- Total raised
- $21,000,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jun 1, 2015
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Nicolas Boullet; First Growth Capital Management LLC
- Latest Form D
- Sep 22, 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 44% of the 1,051 hedge funds based in California, and more than 30% of all 10,157 that report sales.