Squadron Fund LP is a hedge fund based in Westmont, Illinois. According to its most recent Form D, filed Dec 30, 2024, the fund has sold $8,145,204 of interests to 21 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Squadron Partners LLC; Squadron Capital Management LLC; Matthew Sesterhenn.
- Total raised
- $8,145,204Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Aug 1, 2023
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Squadron Partners LLC; Squadron Capital Management LLC; Matthew Sesterhenn
- Latest Form D
- Dec 30, 2024
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 33% of the 321 hedge funds based in Illinois, and more than 19% of all 10,157 that report sales.