AltMountain

DAM (US) Fund LP

George Town, Grand Cayman, Cayman Islands · CIK 2008340 · Managed by Decagon Asset Management LLP
EmergingOffshore

DAM (US) Fund LP is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Apr 9, 2026, the fund has sold $48,929,982 of interests to 11 investors since its first sale in Jan 2024. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Nick Gaze; Decagon Asset Management LLP; Charlie Woolnough.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, Decagon Asset Management LLP, which manages it, disclosed U.S. stock holdings that returned an estimated -5.8% 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 +1.9% (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
$48,929,982Cumulative sales reported on Form D
Investors
11
First sale
Jan 2, 2024
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
Nick Gaze; Decagon Asset Management LLP; Charlie Woolnough
Latest Form D
Apr 9, 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 DAM (US) Fund LP

What is the minimum investment for DAM (US) Fund LP?

According to its latest Form D, filed Apr 9, 2026, the minimum investment DAM (US) Fund LP accepts from an outside investor is $100,000.

Who can invest in DAM (US) Fund LP?

DAM (US) 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 DAM (US) Fund LP raised?

DAM (US) Fund LP reports $48,929,982 sold from 11 investors on its Form D filed Apr 9, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is DAM (US) Fund LP based?

DAM (US) Fund LP is based in George Town, Grand Cayman, Cayman Islands and is managed by Decagon Asset Management LLP.

When did DAM (US) Fund LP launch?

DAM (US) Fund LP reports its first sale in Jan 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).

Size compared with every hedge fund

Raised more than 38% of the 2,363 hedge funds based in Cayman Islands, and more than 45% of all 10,308 that report sales.

Other funds with the same team

More hedge funds in George Town, Grand Cayman

Similar-size hedge funds in Cayman Islands

All hedge funds in Cayman Islands · Emerging managers