Portola Springs Capital, LP
Portola Springs Capital, LP is a hedge fund based in Huntington Beach, California. According to its most recent Form D, filed Jul 21, 2026, the fund has sold $12,409,999 of interests to 88 investors since its first sale in Oct 2017. 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 Motasem Benothman; Portola Springs Capital Management, LLC.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to HedgeMountain directly.
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- Total raised
- $12,409,999Cumulative sales reported on Form D
- Investors
- 88
- First sale
- Oct 15, 2017
- 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
- Motasem Benothman; Portola Springs Capital Management, LLC
- Latest Form D
- Jul 21, 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 HedgeMountain 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
Size compared with every hedge fund
Raised more than 37% of the 1,051 hedge funds based in California, and more than 23% of all 10,157 that report sales.