This hedge fund Private Placement Memorandum (PPM) template is professionally drafted for fund managers launching an LLC-based hedge fund under Rule 506(c) of Regulation D. It is fully compliant with Section 3(c)(1) of the Investment Company Act of 1940 and is not a generic or mass-produced document. This is a real, attorney-reviewed PPM that has been used in actual capital raises—ideal for startup fund managers and fund formation attorneys seeking a credible and cost-effective solution.
For those launching a hedge fund structured as a Limited Liability Company (LLC), this 506(c) PPM template enables you to advertise and generally solicit your offering to accredited investors, while maintaining the necessary disclosures and compliance framework. It includes all critical sections such as investment strategy, risk factors, investor eligibility, fund structure, fee breakdowns, and legal disclaimers. You can easily tailor the content to your specific fund—whether it’s a crypto hedge fund, private credit fund, long/short strategy, or real estate-backed vehicle—then have your attorney review and finalize it.
This downloadable 506(c) hedge fund PPM is a powerful tool for startup fund sponsors aiming to raise capital publicly from accredited investors. It empowers you to market with confidence while maintaining a professional, investor-ready presentation from day one. Legal costs and time to market are significantly reduced, giving you the flexibility to focus on strategy, performance, and investor outreach.
Ideal for first-time fund managers, emerging asset managers, and fund attorneys supporting new launches, this 506(c) LLC PPM template bridges the gap between quality and affordability in fund formation documents.
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.
