AltMountain

Cypress Partners L.P.

Los Angeles, CA · CIK 1643222 · Managed by The Cypress Funds LLC

Cypress Partners L.P. is a hedge fund based in Los Angeles, California. According to its most recent Form D, filed Apr 16, 2026, the fund has sold $527,409,432 of interests to 95 investors since its first sale in Jun 2015. The minimum investment it accepts from an outside investor is $5,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Covin; Robert Miller; The Cypress Funds LLC.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, The Cypress Funds LLC, which manages it, disclosed U.S. stock holdings that returned an estimated -5.7% 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 +14.9% (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.

Is this your fund? Report your monthly returns · How performance works

Total raised
$527,409,432Cumulative sales reported on Form D
Investors
95
First sale
Jun 1, 2015
Minimum investment
$5,000,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
David Covin; Robert Miller; The Cypress Funds LLC
Latest Form D
Apr 16, 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 Cypress Partners L.P.

What is the minimum investment for Cypress Partners L.P.?

According to its latest Form D, filed Apr 16, 2026, the minimum investment Cypress Partners L.P. accepts from an outside investor is $5,000,000.

Who can invest in Cypress Partners L.P.?

Cypress Partners L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has Cypress Partners L.P. raised?

Cypress Partners L.P. reports $527,409,432 sold from 95 investors on its Form D filed Apr 16, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Cypress Partners L.P. based?

Cypress Partners L.P. is based in Los Angeles, California and is managed by The Cypress Funds LLC.

When did Cypress Partners L.P. launch?

Cypress Partners L.P. reports its first sale in Jun 2015.

Size compared with every hedge fund

Raised more than 87% of the 1,060 hedge funds based in California, and more than 82% of all 10,308 that report sales.

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