Toronado Fund, L.P. has sold $201,883,599 in an exempt securities offering listed with an indefinite total size. The fund is identified as a hedge fund, while affiliated entities may receive management fees based on Assets and performance-based fees tied to profits, terms relevant to investors assessing the offering.
Key Highlights
- Toronado Fund, L.P. has sold $201,883,599 in an offering listed as $Indefinite.
- Toronado Fund, L.P. is structured as a pooled Investment fund and hedge fund.
- Affiliates may receive management fees based on assets and performance-based fees linked to profits.
Toronado Fund, L.P. has sold $201,883,599 ($201.9 million) through an exempt securities offering whose total size is listed as $Indefinite. The fund’s record is dated September 1, 2026, and identifies the vehicle as a pooled investment fund and hedge fund.
Toronado Fund Structure and Fee Terms
Toronado Fund, L.P. is organized as a Delaware limited Partnership with an address at 50 California Street, Suite 1500, San Francisco, California 94,111. Michele Clifford serves as the investment adviser’s chief operating officer and chief compliance officer, while Anthony Berta is identified as its chief financial officer.
FAQs
Q: How much has Toronado Fund sold in the offering?
A: The filing lists the offering amount as indefinite and reports that $201,883,599 has already been sold. It identifies Toronado Fund, L.P. as the issuer.
Q: What fee arrangements are disclosed?
A: Toronado Partners LLC, Toronado Capital Management, LLC, and affiliates may receive management fees based on assets. They may also receive performance-based fees based on the issuer’s profits.
Q: How is Toronado Fund, L.P. organized?
A: The filing identifies Toronado Fund, L.P. as a Delaware limited partnership. It also classifies the issuer as a pooled investment fund and hedge fund.
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