Carapace Buffered Dividend Income Fund Series - 1, a series of Carapace Funds, LLC
Carapace Buffered Dividend Income Fund Series - 1, a series of Carapace Funds, LLC is a hedge fund based in Bedminster, New Jersey. According to its most recent Form D, filed Oct 8, 2025, the fund has sold $11,515,000 of interests to 57 investors since its first sale in May 2018. The minimum investment it accepts from an outside investor is $100,000. 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 Oliver Luxxe Assets, LLC; Carapace Financial Advisors LLC; Joseph Sharma.
- Total raised
- $11,515,000Cumulative sales reported on Form D
- Investors
- 57
- First sale
- May 22, 2018
- Minimum investment
- $100,000
- 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
- Oliver Luxxe Assets, LLC; Carapace Financial Advisors LLC; Joseph Sharma
- Latest Form D
- Oct 8, 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 43% of the 213 hedge funds based in New Jersey, and more than 22% of all 10,157 that report sales.