Form D · Hedge Fund

DFN Alpha Advantage Fund LP

Tampa, FL · CIK 0001656904

Offering snapshot reported Jan 15, 2026 · SEC filing

Reported sold: $89.8M
Investors reported: 68
Minimum accepted: $50K
First sale: Dec 11, 2015

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$63,000,000 → $89,819,270
Reported investors59 → 68
Minimum accepted$100,000 → $50,000

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 15, 2026	Amendment	$89,819,270	$26,819,270vs Jan 15, 2025	68	SEC filing
Jan 15, 2025	Amendment	$63,000,000	$33,156,198vs Jan 26, 2024	59	SEC filing
Jan 26, 2024	Amendment	$29,843,802	$0vs Jan 25, 2023	57	SEC filing
Jan 25, 2023	Amendment	$29,843,802	$0vs Jan 25, 2022	57	SEC filing
Jan 25, 2022	Amendment	$29,843,802	-$10,106,324vs Jan 25, 2021	57	SEC filing
Jan 25, 2021	Amendment	$39,950,126	$12,358,410vs Jan 30, 2020	53	SEC filing
Jan 30, 2020	Amendment	$27,591,716	$4,549,644vs Feb 1, 2019	52	SEC filing
Feb 1, 2019	Amendment	$23,042,072	$580,000vs Feb 2, 2018	48	SEC filing
Feb 2, 2018	Amendment	$22,462,072	$2,828,407vs Feb 2, 2017	48	SEC filing
Feb 2, 2017	Amendment	$19,633,665	$16,027,641vs Feb 4, 2016	36	SEC filing
Feb 4, 2016	Initial	$3,606,024	No comparison	7	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $90.9K (estimated)
Finders' fees: $0
Form D file number: 021-256681

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
John Bolos	6864041	Growth Capital Services, Inc. · CRD 124658
GREGORY MATTHEW DOOLEY	4792015	GT Securities, Inc. · CRD 116012

Source: Form D, filed Jan 15, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

DFN ALPHA ADVANTAGE FUND LP

Investment adviser: DFN MANAGEMENT LLC.

Gross asset value: $105M
Beneficial owners: 49
ADV minimum commitment: $500K

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C GLOBEOP | FUND ADMINISTRATION NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor FRAZIER AND DEETER, LLC TAMPA, Florida, United States Other funds reporting this name →

Custodian BANK OF CENTRAL FLORIDA TAMPA, Florida, United States Related to adviser: No Other funds reporting this name →

Custodian COGENT BANK TAMPA, Florida, United States Related to adviser: No Other funds reporting this name →

Custodian J.P. MORGAN PRIVATE BANK TAMPA, Florida, United States Related to adviser: No Other funds reporting this name →

Custodian NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

FRAZIER AND DEETER, LLC
PCAOB 215

BANK OF CENTRAL FLORIDA
LEI 549300GPM8XFBE00Z637

COGENT BANK
LEI 54930046JONFO0FON766

NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM

Fund asset history · 5 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$26,172,673	35	Mar 23, 2022
2022	$24,547,584	36	Mar 28, 2023
2023	$29,221,155	36	Mar 28, 2024
2024	$61,000,000	40	May 2, 2025
2025	$105,154,095	49	Mar 31, 2026

Filing source

Form ADV 2057158 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-4870457535

Reported by DFN MANAGEMENT LLC. (CRD 285057).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A Dfn A A Investors Llc	Executive, Promoter
N/A Dfn Management Llc	Promoter
Jeffrey R. Donaldson	Executive, Promoter
Daniel Feinman	Executive
Donald Flagg	Executive
Nicholas J. Koen	Executive
Amol Nirgudkar	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

608 W Horatio Street Suite D
Tampa, FL, 33606
Phone: 866-296-4420