Torus Composition Fund LP
Torus Composition Fund LP is a hedge fund based in Dover, Delaware. According to its most recent Form D, filed Nov 3, 2025, the fund has sold $853,906,471 of interests to 19 investors since its first sale in Sep 2023. The minimum investment it accepts from an outside investor is $1,000,000. 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 Lee Koffler; Voleon Capital Management LP; Jon McAuliffe.
Performance
No verified returns have been reported for this fund. As a rough guide, Voleon Capital Management LP, which manages it, disclosed U.S. stock holdings that returned an estimated +12.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q1 2025 to Q2 2026, the estimate is +32.7% (S&P 500: +27.4%).
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
- $853,906,471Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Sep 1, 2023
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lee Koffler; Voleon Capital Management LP; Jon McAuliffe
- Latest Form D
- Nov 3, 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 Torus Composition Fund LP
What is the minimum investment for Torus Composition Fund LP?
According to its latest Form D, filed Nov 3, 2025, the minimum investment Torus Composition Fund LP accepts from an outside investor is $1,000,000.
Who can invest in Torus Composition Fund LP?
Torus Composition Fund LP 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 Torus Composition Fund LP raised?
Torus Composition Fund LP reports $853,906,471 sold from 19 investors on its Form D filed Nov 3, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Torus Composition Fund LP based?
Torus Composition Fund LP is based in Dover, Delaware and is managed by Voleon Capital Management LP.
When did Torus Composition Fund LP launch?
Torus Composition Fund LP reports its first sale in Sep 2023.
Size compared with every hedge fund
Raised more than 93% of the 190 hedge funds based in Delaware, and more than 88% of all 10,308 that report sales.