Alger Dynamic Return Fund LLC
Alger Dynamic Return Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Apr 10, 2026, the fund has sold $52,081,389 of interests to 10 investors since its first sale in May 2008. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Fred Alger Management, LLC; Daniel Chung; Robert Kincel.
Performance
No verified returns have been reported for this fund. As a rough guide, Fred Alger Management, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +16.3% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +67.0% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $52,081,389Cumulative sales reported on Form D
- Investors
- 10
- First sale
- May 7, 2008
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Fred Alger Management, LLC; Daniel Chung; Robert Kincel
- Latest Form D
- Apr 10, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Alger Dynamic Return Fund LLC
What is the minimum investment for Alger Dynamic Return Fund LLC?
According to its latest Form D, filed Apr 10, 2026, the minimum investment Alger Dynamic Return Fund LLC accepts from an outside investor is $500,000.
Who can invest in Alger Dynamic Return Fund LLC?
Alger Dynamic Return Fund LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Alger Dynamic Return Fund LLC raised?
Alger Dynamic Return Fund LLC reports $52,081,389 sold from 10 investors on its Form D filed Apr 10, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Alger Dynamic Return Fund LLC based?
Alger Dynamic Return Fund LLC is based in New York, New York and is managed by Fred Alger Management, LLC.
When did Alger Dynamic Return Fund LLC launch?
Alger Dynamic Return Fund LLC reports its first sale in May 2008.
Size compared with every hedge fund
Raised more than 43% of the 2,544 hedge funds based in New York, and more than 47% of all 10,307 that report sales.