Dorsal Capital Partners, Ltd.
Dorsal Capital Partners, Ltd. is a hedge fund based in Redwood City, California. According to its most recent Form D, filed Nov 7, 2025, the fund has sold $1,939,894,585 of interests to 197 investors since its first sale in Nov 2010. The minimum investment it accepts from an outside investor is $100,000. 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 Ryan Frick; Dorsal Capital Management, L.P; John Ackerley.
Performance
No verified returns have been reported for this fund. As a rough guide, Dorsal Capital Management, LP, which manages it, disclosed U.S. stock holdings that returned an estimated -9.1% 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 +10.8% (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
- $1,939,894,585Cumulative sales reported on Form D
- Investors
- 197
- First sale
- Nov 1, 2010
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ryan Frick; Dorsal Capital Management, L.P; John Ackerley
- Latest Form D
- Nov 7, 2025
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 Dorsal Capital Partners, Ltd.
What is the minimum investment for Dorsal Capital Partners, Ltd.?
According to its latest Form D, filed Nov 7, 2025, the minimum investment Dorsal Capital Partners, Ltd. accepts from an outside investor is $100,000.
Who can invest in Dorsal Capital Partners, Ltd.?
Dorsal Capital Partners, Ltd. 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 Dorsal Capital Partners, Ltd. raised?
Dorsal Capital Partners, Ltd. reports $1,939,894,585 sold from 197 investors on its Form D filed Nov 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Dorsal Capital Partners, Ltd. based?
Dorsal Capital Partners, Ltd. is based in Redwood City, California and is managed by Dorsal Capital Management, LP.
When did Dorsal Capital Partners, Ltd. launch?
Dorsal Capital Partners, Ltd. reports its first sale in Nov 2010.
Size compared with every hedge fund
Raised more than 96% of the 1,060 hedge funds based in California, and more than 95% of all 10,307 that report sales.