14B Parsec Fund LLC is a hedge fund based in La Jolla, California. According to its most recent Form D, filed Feb 27, 2026, the fund has sold $326,628,649 of interests to 148 investors since its first sale in Aug 2008. The filing does not set a minimum investment. 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 14B Capital Management LP; 14B Capital GP LLC; Ilya Zaides.
- Total raised
- $326,628,649Cumulative sales reported on Form D
- Investors
- 148
- First sale
- Aug 1, 2008
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- 14B Capital Management LP; 14B Capital GP LLC; Ilya Zaides
- Latest Form D
- Feb 27, 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 83% of the 1,051 hedge funds based in California, and more than 76% of all 10,157 that report sales.