Form D · Hedge Fund

GalNet Alpha Fund LLC

Frankfort, IL · CIK 0001517683

Offering snapshot reported Jan 6, 2026 · SEC filing

Reported sold
$75M
Indefinite offering
Investors reported
55
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Mar 31, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$37.5M$75MSep 20, 2021: $71,637,137.00Sep 20, 2021Jul 5, 2022: $71,887,317.00Jul 5, 2022Nov 14, 2023: $74,827,317.00Nov 14, 2023Jul 30, 2024: $74,977,317.00Jan 6, 2026: $74,977,317.00Jan 6, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 6, 2026Amendment$74,977,317$0vs Jul 30, 202455SEC filing
Jan 6, 2026Initial$74,977,317No comparison55SEC filing
Jul 30, 2024Amendment$74,977,317$150,000vs Nov 14, 202355SEC filing
Nov 14, 2023Amendment$74,827,317$2,940,000vs Jul 5, 202259SEC filing
Jul 5, 2022Amendment$71,887,317$250,180vs Sep 20, 202155SEC filing
Sep 20, 2021Amendment$71,637,137No comparisonNot reportedSEC filing
Aug 6, 2020Amendment$71,637,137$0vs Jul 24, 201955SEC filing
Jul 24, 2019Amendment$71,637,137$249,820vs Jul 25, 201855SEC filing
Jul 25, 2018Amendment$71,387,317$3,300,000vs Jul 26, 201755SEC filing
Jul 26, 2017Amendment$68,087,317$9,380,000vs Jul 29, 201652SEC filing
Jul 29, 2016Amendment$58,707,317$6,020,000vs Jul 30, 201543SEC filing
Jul 30, 2015Amendment$52,687,317$464,350vs Jul 31, 201438SEC filing
Jul 31, 2014Amendment$52,222,967$8,710,000vs Aug 1, 201337SEC filing
Aug 1, 2013Amendment$43,512,967$6,962,223vs Jul 31, 201235SEC filing
Jul 31, 2012Amendment$36,550,744$1,780,000vs Apr 12, 201126SEC filing
Apr 12, 2011Initial$34,770,744No comparison22SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$77.2K
Finders' fees
$0
Form D file number
021-158212

Source: Form D, filed Jan 6, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

GALNET ALPHA FUND, LLC

Investment adviser: GALNET ASSET MANAGEMENT, LLC

Gross asset value
$59.9M
Beneficial owners
20
ADV minimum commitment
$500K

Reported in Form ADV on Feb 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES (USA) LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor RYAN AND JURASKA CHICAGO, Illinois, United States
Custodian CIBC US CHICAGO, Illinois, United States Related to adviser: No
Custodian MAREX CAPITAL MARKETS INC. CHICAGO, Illinois, United States Related to adviser: No
Prime broker MAREX CAPITAL MARKETS INC. CHICAGO, Illinois, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

RYAN AND JURASKA
PCAOB 3407

MAREX CAPITAL MARKETS INC.
SEC 8-69039

MAREX CAPITAL MARKETS INC.
CRD 161014 · SEC 8-69039

Filing source

Form ADV 2055294 · Feb 25, 2026 · Schedule D 7.B.(1), fund 805-2445599044

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Kevin Galassini Executive
Barry Netzky Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
10059 W. Lincoln Hwy.
Frankfort, IL, 60423