Dragoneer Investment Group, LLC

Dragoneer Investment Group provides discretionary investment advisory services primarily to privately offered pooled funds (including feeder and master-feeder structures and funds‑of‑one) and to managed account clients. Its Funds invest in both public and private companies and the firm generally seeks to construct concentrated, growth‑oriented portfolios of companies with defensible competitive positions and solid financial models.

The firm describes a research‑intensive, company‑specific fundamental investment process that is long‑biased and may employ equities, options, warrants and debt, and that can include co‑investment vehicles and separately managed accounts. The brochure also details routine use of derivatives and hedging strategies — including cleared and over‑the‑counter instruments, futures and swaps — and discusses related regulatory issues such as Commodity Futures Trading Commission and National Futures Association oversight and speculative position limits.

Notably, Dragoneer’s disclosures address affiliations and operational arrangements tied to commodity trading and contemplate commodity‑trading activity and commodity pool/trading‑advisor roles through affiliates, including specific references to CFTC/NFA considerations and position limits on agricultural, energy and metal contracts. The brochure also provides unusually detailed descriptions of expense allocation and reimbursable items (for example travel, AI technology costs and other operational expenses), and it reserves broad discretion over how those costs are borne across Funds, co‑investment vehicles and investors.