White River Fund, L.P. is a hedge fund based in Fayetteville, Arkansas. According to its most recent Form D, filed Jan 2, 2026, the fund has sold $3,550,000 of interests to 13 investors since its first sale in Mar 2021. The minimum investment it accepts from an outside investor is $100,000. 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 Caleb Rawson; Stephen Rowe.
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
- $3,550,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Mar 19, 2021
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Caleb Rawson; Stephen Rowe
- Latest Form D
- Jan 2, 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 0% of the 4 hedge funds based in Arkansas, and more than 12% of all 10,157 that report sales.