Almanack Opportunity Fund - Series 8 has announced the successful completion of a private offering, raising a total of $9.47 million. This event is significant as it reflects the growing interest in pooled investment funds, particularly in the current economic climate.
Almanack Opportunity Fund - Series 8 is a limited partnership based in Newtown Square, Pennsylvania, incorporated in Delaware. The fund operates under the Central Index Key (CIK) number 0002161164. The company focuses on pooled investment funds, specifically categorized as other investment funds, and has recently filed a Form D with the SEC.
The filing, dated October 20, 2026, confirms that the total offering amount of $9.47 million has been fully sold, with no remaining balance. The offering attracted 51 accredited investors, indicating a solid interest in the fund's investment strategy. Notably, the filing states, "totalAmountSold: 9470000," highlighting the success of the fundraising effort.
According to the filing, the minimum investment accepted was set at $25,000, which may have contributed to the number of investors participating in this offering. The fund has not incurred any sales commissions or finder’s fees, as indicated by the filing's details.
Kevin Harper serves as the Executive Officer and Managing Member of the General Partner of the Limited Partnership. His leadership may play a crucial role in the fund's strategy and future growth.
Looking ahead, the filing does not specify any immediate next steps or future offerings. However, the successful completion of this private offering positions Almanack Opportunity Fund - Series 8 for potential growth and further investment opportunities in the pooled investment fund sector.