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chemist72

03/20/18 6:19 PM

#6688 RE: value1008 #6686

This fund (P10 Alternatives) had $21M raised when dc first spotted it back in May 2017 (from the Form D which I referenced earlier: Total Amount Sold $21,186,873).

Now all of a sudden it shows up in a FORM ADV with $47.9M. So in the past 10 months or so this Hedge Fund (that's what they call it in both the Form D and in the recent Form ADV) has doubled in value. Whether this increase is from additional funds added or just "organic" growth I cannot tell. But anything that doubles in value in less than a year, would have to be considered a very good return, no matter how they did it.

It is also interesting to note this:

13. Approximate number of the private fund's beneficial owners:
7


Not surprisingly, the beneficial owners are not identified.