Hekla Partners, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Jan 31, 2025, the fund has sold $1,628,000 of interests to 27 investors since its first sale in Feb 2022. The minimum investment it accepts from an outside investor is $15,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Steven Schwartz; Alec Prostok; Hekla Management LLC.
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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $1,628,000Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Feb 18, 2022
- Minimum investment
- $15,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Steven Schwartz; Alec Prostok; Hekla Management LLC
- Latest Form D
- Jan 31, 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 14% of the 2,479 hedge funds based in New York, and more than 8% of all 10,157 that report sales.