Nipun EM Alpha Plus Fund, Ltd. is a hedge fund based in Foster City, California. According to its most recent Form D, filed Oct 9, 2025, the fund has sold $10,305,772 of interests to 1 investor since its first sale in Sep 2025. The minimum investment it accepts from an outside investor is $5,000,000. 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. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Claris Ruwende; Nipun Capital, L.P; Paul Smith.
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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $10,305,772Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 30, 2025
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Claris Ruwende; Nipun Capital, L.P; Paul Smith
- Latest Form D
- Oct 9, 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 35% of the 1,051 hedge funds based in California, and more than 21% of all 10,157 that report sales.
Other funds with the same team
- Aristeia International Ltd$3.3B
- Nipun Asia Total Return Offshore Fund, Ltd.$821M
- Nipun Emerging Markets Alpha Offshore Fund, Ltd.$613M
- Miura Global Fund, Ltd.$557M
- Gresham Low Volatility Hedged Strategies Offshore, Ltd.$298M
- Saraza Offshore Fund Ltd$271M
- Nipun Asia Total Return Fund, L.P.$190M
- CoreCommodity Management - Founders I Fund (Cayman), Ltd.$146M