Dragonfly Digital Management, Llc
- Regulatory AUM
- $3.4B
- Discretionary
- $3.4B
- Clients
- 14
- Avg AUM / client
- $246M
- Accounts
- 14
- Employees
- 34
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 14 | $3.4B | 100.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.5B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Dragonfly Ventures Iii, L.P. master | Venture Capital Fund | Cayman Islands | $743M | 153 |
| Dragonfly Ventures L.P. master | Other Private Fund | Cayman Islands | $616M | 44 |
| Dragonfly Ventures Ii, L.P. master | Venture Capital Fund | Cayman Islands | $452M | 77 |
| Meta Stable Edge, L.P. master | Hedge Fund | Delaware | $437M | 115 |
| Meta Stable Balanced, L.P. master | Hedge Fund | Delaware | $200M | 96 |
| Thefutureisnear L.P. | Hedge Fund | Cayman Islands | $20.8M | 9 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Feng, Bo | Managing Member | Aug 2019 (7y) | ≈ 21.09% – 75% via New Select Ventures Limited | |
| Hershorin, Scott | Chief Compliance Officer / Vp Of Operations | Mar 2022 (4y) | Less than 5% | |
| Qureshi, Haseeb, Ahmad | Co Owner | May 2022 (4y) | ≈ 28.13% – 75% via Dragonfly Holding Llc, A Cayman Limited Company |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Dragonfly Management Limited | Owner | Mar 2022 | A | 75% or more |
| Dragonfly Holding Llc, A Cayman Limited Company | Owner | May 2022 | B | ≈ 56.25% – 100% via Dragonfly Management Limited |
| New Select Ventures Limited | Co Owner | May 2022 | B | ≈ 28.13% – 75% via Dragonfly Holding Llc, A Cayman Limited Company |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Feng, Bo: 75% – 100% of New Select Ventures Limited × 50% – 75% of Dragonfly Holding Llc, A Cayman Limited Company × 75% – 100% of Dragonfly Management Limited × 75% – 100% direct ≈ 21.09% – 75% of the firm
- Qureshi, Haseeb, Ahmad: 50% – 75% of Dragonfly Holding Llc, A Cayman Limited Company × 75% – 100% of Dragonfly Management Limited × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Dragonfly Holding Llc, A Cayman Limited Company: 75% – 100% of Dragonfly Management Limited × 75% – 100% direct ≈ 56.25% – 100% of the firm
- New Select Ventures Limited: 50% – 75% of Dragonfly Holding Llc, A Cayman Limited Company × 75% – 100% of Dragonfly Management Limited × 75% – 100% direct ≈ 28.13% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (6, $2.5B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Dragonfly Ventures Iii, L.P. | Venture Capital Fund | $743M | $5.0M | 153 |
| Dragonfly Ventures L.P. | Other Private Fund | $616M | $500K | 44 |
| Dragonfly Ventures Ii, L.P. | Venture Capital Fund | $452M | $3.0M | 77 |
| Meta Stable Edge, L.P. | Hedge Fund | $437M | $1.0M | 115 |
| Meta Stable Balanced, L.P. | Hedge Fund | $200M | $1.0M | 96 |
| Thefutureisnear L.P. | Hedge Fund | $20.8M | $500K | 9 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗