Avalon Electricity Fund is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 4, 2026, the fund has sold $33,128,775 of interests to 5 investors since its first sale in Feb 2024. The filing does not set a minimum investment. 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 Power Innovation GP, LLC; David Wang.
- Total raised
- $33,128,775Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 15, 2024
- Minimum investment
- None set
- 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
- Power Innovation GP, LLC; David Wang
- Latest Form D
- Mar 4, 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 36% of the 2,479 hedge funds based in New York, and more than 38% of all 10,157 that report sales.