Galaxy Plus Fund - Welton GDP Master Fund (538) LLC is a hedge fund based in Wheaton, Illinois. According to its most recent Form D, filed Mar 13, 2025, the fund has sold $6,631,148 of interests to 1 investor since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $100,000. 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 David Young; New Hyde Park Alternative Funds, LLC.
- Total raised
- $6,631,148Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Nov 30, 2021
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Young; New Hyde Park Alternative Funds, LLC
- Latest Form D
- Mar 13, 2025
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 30% of the 321 hedge funds based in Illinois, and more than 17% of all 10,157 that report sales.
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