Ursa Fund Management, LLC

What Ursa Fund Management, LLC does

Ursa Fund Management, LLC is a privately held investment advisory firm founded in 2013 that provides investment advisory services to a single hedge fund, Ursa Fund Partners, LP. The company is registered as an LLC in California and operates from a San Francisco headquarters at 220 Montgomery St., Suite 852, with a secondary contact office at 156 Diablo Rd., Suite 250, in Danville, CA. The firm is small (1-10 employees), with two named principals — Andrew Hahn and Russell Douglas — handling operations and investment activity.

The firm's business model is the standard asset-management fee structure levied on the assets of Ursa Fund Partners, LP; however, no AUM, fee schedule, fund performance, or pricing data is publicly disclosed. As an institutional investment manager, Ursa files holdings disclosures, one of which reveals a $835,000 long position in Wheeler Real Estate Investment Trust, Inc. (197,292 shares), increased 57.5% during the third quarter via the purchase of 71,992 additional shares. No additional portfolio holdings, sector focus, product offerings, or technology platforms are disclosed.

Beyond the firmographic profile and the single reported equity stake, the available evidence is thin: no subsidiaries, no funding rounds, no M&A, no leadership turnover, no regulatory actions, no patents, no certifications, and no digital product surface are referenced. The firm's market footprint appears limited to the San Francisco Bay Area, and its customer base — the LPs of Ursa Fund Partners, LP — is not identified in available sources.

Name

Ursa Fund Management, LLC

Legal name

Ursa Fund Management, LLC

Website

https://ursafund.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Ursa Fund Management, LLC is a privately held California-based investment adviser founded in 2013 that provides investment advisory services to a single hedge fund, Ursa Fund Partners, LP, operating from San Francisco with a secondary Danville office and a 1-10 employee team.

Ownership category

akta.pro rank

Product category

Hedge Fund Investment Advisory

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

Keywords

• Hedge fund management
• Investment advisory services
• Portfolio management
• Alternative investments
• Fund management

Headquarters

HQ city

South San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Core offering

Ursa Fund Management, LLC provides investment advisory services to a single hedge fund, Ursa Fund Partners, LP. The firm manages portfolio investments on behalf of the fund, executing institutional investment strategies such as disclosed equity positions in publicly traded companies (e.g., Wheeler Real Estate Investment Trust, Inc.).

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Advisory Services

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves2 records

Expansion highlights2 records

Broad incumbents

• Bridgewater Associates: Largest global hedge fund and registered investment adviser with multiple pooled fund products. Comparable RIA structure with comparable advisory role to fund vehicles, at substantially larger scale.
• Point72 Asset Management: Multi-strategy hedge fund and RIA led by Steven Cohen. Directly comparable in business model—an RIA providing investment advisory services to a flagship hedge fund—though operating at multi-billion-dollar scale.
• Baupost Group: Value-oriented hedge fund and registered investment adviser managing a pooled fund vehicle. Similar RIA-to-fund advisory structure, with significantly larger AUM and institutional reach.
• Maverick Capital: Long/short equity hedge fund operating as a registered investment adviser. Comparable business model—an RIA providing investment advisory services to a hedge fund vehicle—though at materially larger AUM.
• D.E. Shaw & Co. Multi-strategy hedge fund and registered investment adviser. Comparable in providing advisory services to pooled hedge fund vehicles, though with broader strategy set and significantly larger AUM.
• Citadel LLC: Multi-strategy hedge fund and one of the largest RIAs. Comparable in providing investment advisory services to pooled fund vehicles, though at vastly greater scale and product breadth.
• AQR Capital Management: Large quantitative hedge fund and RIA managing multiple alternative investment fund products. Directly comparable in operating pooled fund vehicles under an RIA advisory structure.
• Renaissance Technologies: Quantitative hedge fund that operates as an RIA managing pooled investment funds (notably the Medallion funds). Similar RIA-to-fund advisory structure, although at fundamentally different scale and strategy profile.
• Greenlight Capital: Long/short equity hedge fund and registered investment adviser founded by David Einhorn. Comparable to Ursa in operating as an RIA managing a pooled hedge fund vehicle, though at substantially larger AUM.
• Two Sigma Investments: Quantitative hedge fund and RIA operating pooled investment vehicles for institutional clients. Comparable business model as an RIA adviser to hedge fund products.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ursa Fund Management, LLC