Islander Capital Fund, L.P.
Islander Capital Fund, L.P. is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Apr 1, 2026, the fund has sold $189,376,000 of interests to 39 investors since its first sale in Jul 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 ICP General Partner, LLC; Betsy Thedford; David Semenza.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $189,376,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Jul 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
- ICP General Partner, LLC; Betsy Thedford; David Semenza
- Latest Form D
- Apr 1, 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 Islander Capital Fund, L.P.
What is the minimum investment for Islander Capital Fund, L.P.?
According to its latest Form D, filed Apr 1, 2026, the minimum investment Islander Capital Fund, L.P. accepts from an outside investor is $1,000,000.
Who can invest in Islander Capital Fund, L.P.?
Islander Capital Fund, L.P. 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 Islander Capital Fund, L.P. raised?
Islander Capital Fund, L.P. reports $189,376,000 sold from 39 investors on its Form D filed Apr 1, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Islander Capital Fund, L.P. based?
Islander Capital Fund, L.P. is based in San Francisco, California and is managed by Islander Capital Partners, L.P..
When did Islander Capital Fund, L.P. launch?
Islander Capital Fund, L.P. reports its first sale in Jul 2023.
Size compared with every hedge fund
Raised more than 76% of the 1,060 hedge funds based in California, and more than 68% of all 10,308 that report sales.