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Alger Dynamic Return Fund LLC

Hedge FundFund ID 805-5974082653Delaware, United States
Gross assets
$55.8M
Min. investment
$500K
Beneficial owners
10
Size rank
Top 53%
Audited
Yes
Structure
Standalone

About this fund

Alger Dynamic Return Fund LLC is a hedge fund managed by Fred Alger Management, LLC. The fund reports $55.8 million in gross assets, placing it among the top 53% of private funds by size. The stated minimum investment is $500,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-5974082653
Fund typeHedge Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued95%

Other funds from this manager

FundTypeGross assets
Alger Life Sciences Innovation Fund LPHedge$30.4M

Frequently asked questions

How large is Alger Dynamic Return Fund LLC?

Alger Dynamic Return Fund LLC reports $55.8 million in gross assets, among the top 53% of private funds by size.

What is the minimum investment for Alger Dynamic Return Fund LLC?

The stated minimum investment is $500,000.

Who manages Alger Dynamic Return Fund LLC?

Alger Dynamic Return Fund LLC is managed by Fred Alger Management, LLC.

Does Alger Dynamic Return Fund LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
Custodian
Administrator
Auditor

Reported gross assets

$55.8M▲ 5%
Mar '25 — $53MApr '25 — $53MMay '25 — $53MJun '25 — $53MJul '25 — $53MAug '25 — $53MSep '25 — $53MOct '25 — $53MNov '25 — $53MDec '25 — $53MJan '26 — $53MFeb '26 — $53MMar '26 — $55.8MApr '26 — $55.8MMay '26 — $55.8MJun '26 — $55.8M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 53%
Larger than 47% of 67,041 private funds
Gross assets vs Hedge FundsTop 67%
Larger than 33% of 12,442 hedge funds
Minimum investmentTop 50%
Higher than 50% of funds reporting a minimum

Investor base

Adviser & related persons57%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.