Private company

Exploration Capital Fund, LP

Hedge fund that raised $19.5 million in 2020 (SEC Form D). Summary from the record

Last updated Oct 21, 2026.

Overview

  • HeadquartersDE1
  • Legal formLimited Partnership
  • Kind of organizationHedge fund1

Corporate structure

Exploration Capital Fund, LP sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (2 companies). Each entity in the chart links to its source.

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Managing Member of the General Partner and Investment Manager.Stephen Gustin named Aug 26, 20252

Filings

4 filings to the SEC since October 2021: 4 private raises. The latest 4:

  1. Aug 26, 2025D/A EDGAR
  2. Aug 23, 2024D/A EDGAR
  3. Apr 17, 2023D/A EDGAR
  4. Mar 10, 2022D/A EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Stakes it holds

Exploration Capital Fund, LP has told the SEC it owns more than 5% of 2 companies, latest first (Schedules 13D and 13G).

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$19.5M 2020–2020
Money received by yearMoney received by year, 2020–2020: $19.5M in all. Private raises (Form D) $19.5M.$0$5M$10M$15M$20M2020 · Private raises (Form D): $19.5M2020
Figures by year
YearPrivate raises (Form D)Total
2020$19.5M$19.5M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Jan 17, 2020Raised $19.5 million in a private offering of securities2 Form D: 43 investors so far Form D