AltMountain

Longtail Alpha, LLC

Newport Beach, CA · CRD 282615
Hedge fund manager

Longtail Alpha, LLC is an SEC-registered investment adviser based in Newport Beach, CA that reports managing 8 hedge funds on Form ADV. It reports $822.4 million in regulatory assets under management. Its private funds, of all types, hold $916.8 million in gross assets.

Regulatory assets under management
$822.4 millionForm ADV Item 5.F
Gross assets of private funds
$916.8 millionAll private fund types, Form ADV
Hedge funds managed
88 private funds in total
Employees
9Form ADV Item 5.A
Registration
SEC-registered adviserCRD 282615
Latest Form ADV
02/02/2026Disciplinary disclosures: none reported

Hedge funds filing Form D (7)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (6)

Fund
Gross assets
Minimum
Owners
Adviser
Longtail Alpha Enhanced Systematic Trend Following Fund LP
Delaware, United StatesHedge fund
Gross assets$467M
Minimum$1.0M
Owners4
AdviserLongtail Alpha, LLC
Twotail Alpha Master Fund LP
Cayman IslandsHedge fund
Gross assets$169M
Minimum$100K
Owners2
AdviserLongtail Alpha, LLC
Black Bear Lta Fund I LP
Delaware, United StatesHedge fund
Gross assets$22.1M
Minimum$1.0M
Owners2
AdviserLongtail Alpha, LLC
Righttail Fund I LLC
Delaware, United StatesHedge fund
Gross assets$14.3M
Minimum$1.0
Owners4
AdviserLongtail Alpha, LLC
Onetail Hedgehog Fund II LP
Delaware, United StatesHedge fund
Gross assets$10.9M
Minimum$1.0
Owners7
AdviserLongtail Alpha, LLC
Longtail Alpha Diversified Alternative Liquidity Fund LP
Delaware, United StatesHedge fund
Gross assets$4.9M
Minimum$1.0
Owners2
AdviserLongtail Alpha, LLC

As reported in the adviser's Form ADV filed Mar 12, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (2)

Fund
Gross assets
Minimum
Owners
Adviser
Twotail Alpha Offshore Fund LTD.
Cayman IslandsHedge fund
Gross assets$95.7M
Minimum$100K
Owners9
AdviserLongtail Alpha, LLC
Twotail Alpha Onshore Fund LP
Delaware, United StatesHedge fund
Gross assets$72.9M
Minimum$100K
Owners24
AdviserLongtail Alpha, LLC

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures