Hedge funds in Minnesota
70 funds filed a Form D between Oct 1, 2024 and Sep 30, 2026. Largest cities: Minneapolis (38), Edina (10), Minnetonka (6), Plymouth (5), Eden Prairie (3).
70hedge funds
23emerging managers
11first sale since 2025
$36.0Mmedian raised
Hedge funds by city
All 70 hedge funds in Minnesota
Fund
First sale
Raised
Investors
Minimum
Parametric Defensive Equity Fund LLC
Minneapolis, MN
First saleJan 2012
Raised$8.7B
Investors383
Minimum$3.0M
Emerging Markets Equity Series of Global Asset Management Strategies, LLC
Minneapolis, MN
First saleSep 2015
Raised$4.4B
Investors63
MinimumNone set
Whitebox Multi-Strategy Fund, LP
Minneapolis, MN
First saleApr 2009
Raised$2.9B
Investors1,074
Minimum$5.0M
Varde Credit Partners (Offshore), Ltd.
Minneapolis, MN
First saleMar 2013
Raised$2.6B
Investors487
Minimum$100K
Parametric Global Defensive Equity Fund LLC
Minneapolis, MN
First saleSep 2015
Raised$2.0B
Investors120
Minimum$3.0M
Whitebox Relative Value Fund, LP
Minneapolis, MN
First saleApr 2009
Raised$895M
Investors150
Minimum$5.0M
Titan Partnership, L.P.
Minneapolis, MN
First saleJan 1997
Raised$779M
Investors160
MinimumNone set
CL RPC MSR Investment Fund LLC
Plymouth, MN
First saleJun 2026
Raised$500M
Investors1
MinimumNone set
Varde Credit Partners, L.P.
Minneapolis, MN
First saleFeb 2013
Raised$487M
Investors203
Minimum$100K
First Light Focus Fund, LP
Edina, MN
First saleNov 2015
Raised$368M
Investors118
MinimumNone set
Estuary Partners Fund LP
Wayzata, MN
First saleJan 2023
Raised$336M
Investors49
MinimumNone set
AB CarVal Asset Based Fund A LP
Minneapolis, MN
First saleAug 2024
Raised$297M
Investors5
MinimumNone set
RPC MSR Investment Fund II LP - Series 1
Plymouth, MN
First saleAug 2024
Raised$178M
Investors20
MinimumNone set
First Light Prism Fund, LP
Edina, MN
First saleJan 2019
Raised$172M
Investors69
MinimumNone set
Clearwater Diversifying Strategies Fund, LLC
St. Paul, MN
First saleMar 2021
Raised$165M
Investors61
Minimum$300K
Parametric Calvert ESG Defensive Equity Fund, LLC
Minneapolis, MN
First saleMay 2021
Raised$153M
Investors9
Minimum$3.0M
Global Equity Leaders Series of Global Asset Management Strategies, LLC
Minneapolis, MN
First saleMay 2023
Raised$132M
Investors3
Minimum$10.0M
Punch Micro Cap Partners, LLC
Edina, MN
First saleJul 2005
Raised$128M
Investors134
Minimum$250K
RPC Msr SP 1
Plymouth, MN
First saleAug 2024
Raised$98.4M
Investors10
MinimumNone set
RPC Msr SP 2
Plymouth, MN
First saleMar 2026
Raised$95.5M
Investors6
MinimumNone set
Navigator Investors L P
Minneapolis, MN
First saleMay 1995
Raised$91.8M
Investors211
MinimumNone set
First Light Genesis Fund, LP
Edina, MN
First saleFeb 2024
Raised$84.6M
Investors1
MinimumNone set
Clearwater Opportunity Fund, LLLP
St. Paul, MN
First saleOct 2017
Raised$83.6M
Investors83
Minimum$300K
Pine River Multi-Strategy Fund Ltd.
Minnetonka, MN
First saleOct 2022
Raised$79.9M
Investors3
Minimum$1.0M
First Light Prism Feeder Fund, Ltd.
Edina, MN
First saleMay 2021
Raised$68.7M
Investors8
Minimum$100K
Fossil Fuel Free Series of Global Asset Management Strategies, LLC
Minneapolis, MN
First saleJun 2019
Raised$62.7M
Investors3
MinimumNone set
KP I LP
Edina, MN
First saleNov 1998
Raised$58.0M
Investors79
MinimumNone set
Thiele Marketplace Income Fund LP
Minneapolis, MN
First saleJul 2016
Raised$49.4M
Investors49
MinimumNone set
Punch Nano Cap Partners I, LLC
Edina, MN
First saleMar 2018
Raised$45.3M
Investors42
Minimum$500K
Deepwater Public-Private Fund, LP
Minneapolis, MNEmerging
First saleJul 2021
Raised$39.0M
Investors93
MinimumNone set
Blue Clay Capital Partners LP
Minneapolis, MN
First saleMar 2012
Raised$36.7M
Investors56
MinimumNone set
RPC MSR Investment Fund II LP - Series 2
Plymouth, MNEmerging
First saleMar 2026
Raised$36.0M
Investors12
MinimumNone set
Pine River Municipal Fund Series, a Series of Pine River Precision Fund LLC
Minnetonka, MN
First saleNov 2019
Raised$34.8M
Investors11
Minimum$1.0M
TCM Drive LLC
Minneapolis, MNEmerging
First saleSep 2022
Raised$34.7M
Investors22
Minimum$250K
Outlier Fund, L.P.
Minneapolis, MNEmerging
First saleApr 2023
Raised$33.0M
Investors29
Minimum$250K
Thiele Offshore Partners Ltd.
Minneapolis, MNEmerging
First saleSep 2022
Raised$29.0M
Investors30
Minimum$250K
Provenire Technology Partners, LP
Eden Prairie, MN
First saleOct 2013
Raised$28.1M
Investors102
Minimum$34K
Varde Liquid Credit Fund (Offshore), L.P.
Minneapolis, MNEmerging
First saleFeb 2025
Raised$25.9M
Investors6
Minimum$100K
First Light Focus Feeder Fund, Ltd.
Edina, MNEmerging
First saleOct 2023
Raised$22.1M
Investors5
Minimum$100K
Pine River Multi-Strategy Master Fund Ltd.
Minnetonka, MNEmerging
First saleOct 2022
Raised$21.0M
Investors1
Minimum$1.0M
Geraty Investment Partners, LP
Eden Prairie, MN
First saleJan 2012
Raised$19.9M
Investors50
MinimumNone set
Global Equity Series of Global Asset Management Strategies, LLC
Minneapolis, MN
First saleDec 2019
Raised$18.6M
Investors0
Minimum$5.0M
Pine River Municipal Master Fund Ltd.
Minnetonka, MN
First saleNov 2018
Raised$14.1M
Investors1
Minimum$1.0M
Glen Oak Volatility Fund LP
Minneapolis, MNEmerging
First saleApr 2022
Raised$13.8M
Investors23
MinimumNone set
Transitional Funding Partners, L.P.
Minneapolis, MN
First saleJul 2013
Raised$13.0M
Investors13
Minimum$1.0M
AB CarVal Aviation Leasing Fund A LP
Minneapolis, MNEmerging
First saleMar 2026
Raised$12.5M
Investors1
MinimumNone set
Armatus Market Neutral Fund, LLC
Orono, MN
First saleDec 2019
Raised$12.1M
Investors36
Minimum$50K
Varde Liquid Credit Fund, L.P.
Minneapolis, MNEmerging
First saleAug 2023
Raised$11.8M
Investors5
Minimum$1
Itasca Capital Partners, LLC
Bloomington, MN
First saleJul 2003
Raised$11.5M
Investors34
MinimumNone set
Provenire Alpha Select, LP
Eden Prairie, MN
First saleMay 2017
Raised$11.2M
Investors50
Minimum$16K
Deepwater Late-Stage Fund II LP
Minneapolis, MNEmerging
First saleJun 2026
Raised$10.0M
Investors30
MinimumNone set
Pine River Precision Fund SPC for the Account of Pine River Municipal Fund S.P.
Minnetonka, MNEmerging
First saleMar 2021
Raised$10.0M
Investors1
Minimum$1.0M
Channel Fintech 1 SP, a segregated portfolio Co of Thiele Direct Opportunities SPC
Minneapolis, MNEmerging
First saleSep 2024
Raised$9.9M
Investors1
Minimum$100K
Blue Clay Capital Smid-Cap Lo LP
Minneapolis, MN
First saleFeb 2017
Raised$8.6M
Investors14
MinimumNone set
TCM Card LLC
Minneapolis, MNEmerging
First saleNov 2023
Raised$7.4M
Investors2
Minimum$250K
Deer Lake Strategic Fund LP
Saint Louis Park, MNEmerging
First saleFeb 2025
Raised$6.8M
Investors34
Minimum$250K
TCM Drive Co-Invest SP, a segregated portfolio Co of Thiele Direct Opportunities SPC
Minneapolis, MNEmerging
First saleFeb 2025
Raised$6.7M
Investors1
Minimum$100K
RIG Partners Fund LP
Minneapolis, MN
First saleAug 2019
Raised$5.9M
Investors33
Minimum$50K
Asymmetric Small & Micro-cap Fund LP
Minneapolis, MNEmerging
First saleJun 2024
Raised$4.8M
Investors20
Minimum$50K
Baztec Partners, LP
Edina, MNEmerging
First saleMar 2021
Raised$3.2M
Investors10
Minimum$250K
North Lion Opportunity Fund, LP
Minneapolis, MNEmerging
First saleFeb 2026
Raised$2.0M
Investors2
Minimum$250K
Long Vol Equity Strategy Fund LP
Minneapolis, MNEmerging
First saleJan 2026
Raised$1.9M
Investors4
MinimumNone set
TCM One LLC
Minneapolis, MNEmerging
First saleFeb 2025
Raised$495K
Investors2
Minimum$250K
Galactic Capital Flagship Fund
Minneapolis, MN
First sale—
Raised$0
Investors0
Minimum$100K
International Equity Fund of the Rbc Global Asset Management (U.S.) Inc. Group Trust
Minneapolis, MN
First sale—
Raised$0
Investors0
Minimum$3.0M
Alphacopia Partners LP
Annandale, MNEmerging
First saleJul 2021
Raised$0
Investors8
Minimum$100K
C7 Investments Fund 1, L.P.
Edina, MN506(c)
First sale—
Raised$0
Investors0
Minimum$100K
Gambit Capital LLC
Minnetonka, MN
First sale—
Raised$0
Investors0
MinimumNone set
Intelligent Jaguar LP
Minneapolis, MN506(c)
First sale—
Raised$0
Investors0
Minimum$1.0M
Blank Capital Partners, LP
Chanhassen, MN
First sale—
Raised$0
Investors0
Minimum$1