Tessera Ionic, LP
Hedge FundFund ID 805-7524727625Delaware, United States
Gross assets
$121.7M
Min. investment
$5M
Beneficial owners
2
Size rank
Top 40%
Audited
Yes
Structure
Standalone
About this fund
Tessera Ionic, LP is a hedge fund managed by Fpr Partners LLC. The fund reports $121.7 million in gross assets, placing it among the top 40% of private funds by size. The stated minimum investment is $5 million. 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 ID | 805-7524727625 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Fpr Partners, LP | Hedge | $612.7M |
| Bffpr Fund, LP | Hedge | $274.2M |
Frequently asked questions
How large is Tessera Ionic, LP?
Tessera Ionic, LP reports $121.7 million in gross assets, among the top 40% of private funds by size.
What is the minimum investment for Tessera Ionic, LP?
The stated minimum investment is $5 million.
Who manages Tessera Ionic, LP?
Tessera Ionic, LP is managed by Fpr Partners LLC.
Does Tessera Ionic, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
F
San Francisco, CA
Service providers
Prime broker
Custodian
Administrator
Auditor
Reported gross assets
$121.7MNo change
Feb '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 40%
Larger than 60% of 67,041 private funds
Gross assets vs Hedge FundsTop 53%
Larger than 47% of 12,442 hedge funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons3%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.