Longtail Alpha, LLC is an SEC-registered investment adviser based in Newport Beach, CA that reports managing 8 hedge funds on Form ADV. It reports $822.4 million in regulatory assets under management. Its private funds, of all types, hold $916.8 million in gross assets.
- Regulatory assets under management
- $822.4 millionForm ADV Item 5.F
- Gross assets of private funds
- $916.8 millionAll private fund types, Form ADV
- Hedge funds managed
- 88 private funds in total
- Employees
- 9Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 282615
- Latest Form ADV
- 02/02/2026Disciplinary disclosures: none reported
Hedge funds filing Form D (7)
Fund
First sale
Raised
Investors
Minimum
YTD performance
LongTail Alpha Enhanced Systematic Trend Following Fund LP
Newport Beach, CA
First saleJan 2020
Raised$536M
Investors4
Minimum$50K
YTD performanceNot reported
Black Bear Lta Fund I LP
Newport Beach, CA
First saleMay 2019
Raised$176M
Investors3
Minimum$1
YTD performanceNot reported
Twotail Alpha Offshore Fund LTD.
Newport Beach, CA
First saleSep 2016
Raised$119M
Investors13
Minimum$1
YTD performanceNot reported
Twotail Alpha Onshore Fund LP
Newport Beach, CA
First saleAug 2016
Raised$67.6M
Investors31
Minimum$1
YTD performanceNot reported
OneTail Hedgehog Fund II LP
Newport Beach, CA
First saleFeb 2020
Raised$62.5M
Investors8
Minimum$1
YTD performanceNot reported
RightTail Fund I LLC
Newport Beach, CA
First saleMar 2020
Raised$32.2M
Investors4
Minimum$1
YTD performanceNot reported
LongTail Alpha Diversified Alternative Liquidity Fund LP
Newport Beach, CAEmerging
First saleFeb 2021
Raised$5.3M
Investors2
Minimum$1
YTD performanceNot reported
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures