DL Partners, LP is a hedge fund based in Lewes, Delaware. According to its most recent Form D, filed Mar 26, 2026, the fund has sold $1,183,000 of interests to 9 investors since its first sale in Apr 2005. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Dennis Lau.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $1,183,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Apr 8, 2005
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Dennis Lau
- Latest Form D
- Mar 26, 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 DL Partners, LP
What is the minimum investment for DL Partners, LP?
According to its latest Form D, filed Mar 26, 2026, the minimum investment DL Partners, LP accepts from an outside investor is $250,000.
Who can invest in DL Partners, LP?
DL Partners, LP 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(c), so it may advertise, but every investor must be verified as accredited.
How much has DL Partners, LP raised?
DL Partners, LP reports $1,183,000 sold from 9 investors on its Form D filed Mar 26, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is DL Partners, LP based?
DL Partners, LP is based in Lewes, Delaware.
When did DL Partners, LP launch?
DL Partners, LP reports its first sale in Apr 2005.
Size compared with every hedge fund
Raised more than 29% of the 190 hedge funds based in Delaware, and more than 6% of all 10,308 that report sales.