Summit Private Investments I, L.P. is a hedge fund based in Summit, New Jersey. According to its most recent Form D, filed Feb 20, 2026, the fund has sold $139,759,186 of interests to 216 investors since its first sale in Jul 1991. 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. Related persons named in the filing include Karp Advisors, LLC; Summit Private Investments, Inc.
- Total raised
- $139,759,186Cumulative sales reported on Form D
- Investors
- 216
- First sale
- Jul 1, 1991
- 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
- Karp Advisors, LLC; Summit Private Investments, Inc
- Latest Form D
- Feb 20, 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 82% of the 213 hedge funds based in New Jersey, and more than 63% of all 10,157 that report sales.