Next Light Fund, LP
Next Light Fund, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 17, 2026, the fund has sold $171,972,325 of interests to 138 investors since its first sale in Nov 2002. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Charles Diker; Diker Management, LLC; Diker GP, LLC.
Performance
No returns have been reported for this fund. As a rough guide, Diker Management LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +21.6% 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 +54.1% (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
- $171,972,325Cumulative sales reported on Form D
- Investors
- 138
- First sale
- Nov 1, 2002
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Charles Diker; Diker Management, LLC; Diker GP, LLC
- Latest Form D
- Mar 17, 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 Next Light Fund, LP
What is the minimum investment for Next Light Fund, LP?
Next Light Fund, LP's latest Form D, filed Mar 17, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Next Light Fund, LP?
Next Light Fund, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Next Light Fund, LP raised?
Next Light Fund, LP reports $171,972,325 sold from 138 investors on its Form D filed Mar 17, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Next Light Fund, LP based?
Next Light Fund, LP is based in New York, New York and is managed by Diker Management LLC.
When did Next Light Fund, LP launch?
Next Light Fund, LP reports its first sale in Nov 2002.
Size compared with every hedge fund
Raised more than 63% of the 2,545 hedge funds based in New York, and more than 67% of all 10,309 that report sales.