Form D · Hedge Fund

LongTail Alpha Enhanced Systematic Trend Following Fund LP

Newport Beach, CA · CIK 0001798807

Offering snapshot reported Nov 26, 2025 · SEC filing

Reported sold
$536M
Indefinite offering
Investors reported
4
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Jan 2, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$268M$536MJan 6, 2020: $66,666,667.00Jan 6, 2020Mar 15, 2021: $169,666,667.00Dec 21, 2021: $434,666,667.00Dec 8, 2022: $536,108,267.00Dec 5, 2023: $536,108,267.00Dec 5, 2024: $536,183,267.00Nov 26, 2025: $536,183,267.00Nov 26, 2025

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

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 26, 2025Amendment$536,183,267$0vs Dec 5, 20244SEC filing
Dec 5, 2024Amendment$536,183,267$75,000vs Dec 5, 20234SEC filing
Dec 5, 2023Amendment$536,108,267$0vs Dec 8, 20224SEC filing
Dec 8, 2022Amendment$536,108,267$101,441,600vs Dec 21, 20214SEC filing
Dec 21, 2021Amendment$434,666,667$265,000,000vs Mar 15, 20212SEC filing
Mar 15, 2021Amendment$169,666,667$103,000,000vs Jan 6, 20202SEC filing
Jan 6, 2020Initial$66,666,667No comparison2SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-357263

Source: Form D, filed Nov 26, 2025. 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

LONGTAIL ALPHA ENHANCED SYSTEMATIC TREND FOLLOWING FUND LP

Investment adviser: LONGTAIL ALPHA, LLC

Gross asset value
$514M
Beneficial owners
4
ADV minimum commitment
$1M

Reported in Form ADV on Feb 2, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP LOS ANGELES, California, United States
Custodian GOLDMAN SACHS & CO. NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY NEW YORK, New York, United States Related to adviser: No
Custodian NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No
Marketer LONG TERM INVESTMENT CONSULTING PTY. SYDNEY, Australia Related to adviser: No
Prime broker GOLDMAN SACHS & CO. NEW YORK, New York, United States
Prime broker MORGAN STANLEY NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

KPMG LLP
PCAOB 185

Filing source

Form ADV 2048507 · Feb 2, 2026 · Schedule D 7.B.(1), fund 805-7403872260

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
Vineer Bhansali Executive
Long Tail Alpha Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
500 Newport Center Dr Ste 820
Newport Beach, CA, 92660