Boothbay Diversified Alpha Fund LP

The absence of prior EDGAR filings under this manager's name signals Glass is either new to fund management, transitioning from a non-SEC-regulated role, or operating at a scale that previously fell below registration thresholds—making this inaugural filing a baseline for assessing whether future vehicles follow or diverge from this diversified mandate.

A mid-2026 filing for a hedge fund targeting $356M aligns with LP appetite for multi-strategy alternatives in a higher-rate environment where diversified alpha appeals to allocators seeking uncorrelated returns; the pre-existing relationships exemption also suggests Glass has already secured commitments and is locking in a legal filing rather than conducting broad market outreach.

Verify whether Glass has key-man insurance naming him as the sole portfolio decision-maker and what happens to LP capital if he departs within the first 24 months—a structural detail critical for single-GP funds—and confirm whether any co-investors or parallel vehicles are raising alongside this filing, as omission from EDGAR does not guarantee exclusivity.