This hedge fund Private Placement Memorandum (PPM) template is designed for LLC-based hedge funds raising capital through a Regulation D Rule 506(b) offering. Structured under Section 3(c)(1) of the Investment Company Act of 1940, this PPM is not a generic or pre-filled template sold by many competitors. It’s a real, attorney-reviewed offering memorandum used in an actual fund launch—providing startup hedge fund managers and fund attorneys with a proven foundation to raise capital confidently and cost-effectively.
Whether you’re structuring a fund as a Delaware LLC or another common formation type, this sample PPM outlines critical disclosures, fund terms, strategy descriptions, and investor qualification criteria—allowing you to present your offering professionally and in full regulatory compliance. Startup fund sponsors can easily customize the document to match their strategy—be it long/short equities, crypto, private credit, or real estate—and have it reviewed by legal counsel to finalize.
For managers seeking to launch a hedge fund under Rule 506(b), this PPM allows you to quietly raise capital from up to 35 sophisticated investors and unlimited accredited investors without general solicitation. It supports your efforts to build trust with early backers while maintaining strict compliance with securities regulations.
Ideal for emerging fund managers, solo sponsors, and attorneys advising fund startups, this LLC-based PPM helps streamline the fund formation process, saving both time and thousands in legal fees. It’s a valuable tool for accelerating your launch and presenting a polished, credible offering to investors from day one.
This private placement memorandum is structured with a management fee, performance (carried interest) fee, lockup period, high water mark, ERISA & tax summary, and state jurisdictional legends.
