22
AIR Legal Finance Fund, LP updates its Form D — $50.9M sold
Fund raise update · Hedge fund · Open-ended · Offering Indefinite · Sold $50.9M · CHICAGO, IL · filed 2024-11-06
22
AIR Legal Finance Fund, LP updates its Form D — $42.4M sold
Fund raise update · Hedge fund · Open-ended · CHICAGO, IL · Form D/A filed 2025-11-07 · all Air Legal Finance vehicles
How this compares
- Across 174 hedge fund sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 7 months.
- No earlier fund launch by this sponsor appears on EDGAR.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Raise progress
Sold restated down to $42.4M ($-8495081) in 366 days since the previous filing.
| Filed | Form | Sold | Investors | Change |
|---|---|---|---|---|
| 2024-11-06 | D/A | $50.9M | 15 | |
| 2025-11-07 | D/A | $42.4M | 49 | −$8.5M |
Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.
Air Legal Finance on EDGAR
Earlier and related filings by the same issuer and sponsor. All Air Legal Finance vehicles →
22
AIR Legal Finance Fund Offshore, LP updates its Form D — $10.1M sold
Fund raise update · Hedge fund · Open-ended · Offering Indefinite · Sold $10.1M · CHICAGO, IL · filed 2024-12-11
People on the filing
| N/A AIR Legal Finance Fund Management, LLC | Promoter |
| Stephen Luongo | Executive Officer |
| Matthew Schaefer | Executive Officer |
| Richard Beleutz | Executive Officer |
[email protected] · observed Work emails for the people on the filing, labelled by confidence — subscribers
Signed by Richard Beleutz, Managing Member of the Issuer's General Partner.
Placement agents / sales compensation: Rainmaker Securities, LLC
Why now — by persona
Relevant to: Fund audit & tax, Fund administrator.
Filing contact
The issuer's phone number and address from the filing are shown to subscribers. See plans.