Altfest Alternative Value Fund I, LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Feb 18, 2025, the fund has sold $10,933,260 of interests to 37 investors since its first sale in Dec 2013. 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. Related persons named in the filing include Lewis Altfest; Altfest Management LLC; Altfest Personal Wealth Management.
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
- $10,933,260Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Dec 18, 2013
- 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
- Lewis Altfest; Altfest Management LLC; Altfest Personal Wealth Management
- Latest Form D
- Feb 18, 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 23% of the 2,479 hedge funds based in New York, and more than 22% of all 10,157 that report sales.