SRS Active Extension, LP
SRS Active Extension, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 12, 2026, the fund has sold $15,000,000 of interests to 1 investor since its first sale in Feb 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Karthik Sarma; SRS Investment Management, LLC; SRS Active Extension GP, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, SRS Investment Management, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +13.4% 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 +40.4% (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.
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- Total raised
- $15,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Feb 27, 2026
- 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
- Karthik Sarma; SRS Investment Management, LLC; SRS Active Extension GP, LLC
- Latest Form D
- Mar 12, 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 SRS Active Extension, LP
What is the minimum investment for SRS Active Extension, LP?
SRS Active Extension, LP's latest Form D, filed Mar 12, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SRS Active Extension, LP?
SRS Active Extension, 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 SRS Active Extension, LP raised?
SRS Active Extension, LP reports $15,000,000 sold from 1 investor on its Form D filed Mar 12, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is SRS Active Extension, LP based?
SRS Active Extension, LP is based in New York, New York and is managed by SRS Investment Management, LLC.
When did SRS Active Extension, LP launch?
SRS Active Extension, LP reports its first sale in Feb 2026, 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 27% of the 2,544 hedge funds based in New York, and more than 25% of all 10,308 that report sales.