Narrow River Capital Partners, LP
Narrow River Capital Partners, LP is a hedge fund based in Westport, Connecticut. According to its most recent Form D, filed Mar 7, 2025, the fund has sold $287,026,827 of interests to 80 investors since its first sale in Jul 2016. The filing does not set a minimum investment. 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 Raffi Tokatlian; Ararat Capital Management, LP; Narrow River Capital Partners GP, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Ararat Capital Management LP, which manages it, disclosed U.S. stock holdings that returned an estimated +9.5% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +24.3% (S&P 500: +37.2%).
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
- $287,026,827Cumulative sales reported on Form D
- Investors
- 80
- First sale
- Jul 1, 2016
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Raffi Tokatlian; Ararat Capital Management, LP; Narrow River Capital Partners GP, LLC
- Latest Form D
- Mar 7, 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 Narrow River Capital Partners, LP
What is the minimum investment for Narrow River Capital Partners, LP?
Narrow River Capital Partners, LP's latest Form D, filed Mar 7, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Narrow River Capital Partners, LP?
Narrow River Capital Partners, 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 Narrow River Capital Partners, LP raised?
Narrow River Capital Partners, LP reports $287,026,827 sold from 80 investors on its Form D filed Mar 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Narrow River Capital Partners, LP based?
Narrow River Capital Partners, LP is based in Westport, Connecticut and is managed by Ararat Capital Management LP.
When did Narrow River Capital Partners, LP launch?
Narrow River Capital Partners, LP reports its first sale in Jul 2016.
Size compared with every hedge fund
Raised more than 83% of the 862 hedge funds based in Connecticut, and more than 74% of all 10,308 that report sales.