AltMountain

Varecs Partners Limited

Chuo-Ku, Tokyo, Japan · CRD 314399
Hedge fund managerExempt reporting

Varecs Partners Limited is an exempt reporting adviser based in Chuo-Ku, Tokyo, Japan that reports managing 3 hedge funds on Form ADV. Its private funds, of all types, hold $542.7 million in gross assets.

Regulatory assets under management
—Form ADV Item 5.F
Gross assets of private funds
$542.7 millionAll private fund types, Form ADV
Hedge funds managed
33 private funds in total
Employees
—Form ADV Item 5.A
Registration
Exempt reporting adviserCRD 314399
Latest Form ADV
06/29/2026Disciplinary disclosures: none reported

Private funds reported on Form ADV (2)

Fund
Gross assets
Minimum
Owners
Adviser
VPL I Trust
Cayman IslandsHedge fund
Gross assets$275M
Minimum$1.0M
Owners20
AdviserVarecs Partners Limited
VPL I, LP
Delaware, United StatesHedge fund
Gross assets$38.8M
Minimum$1.0M
Owners5
AdviserVarecs Partners Limited

As reported in the adviser's Form ADV filed Jun 30, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (1)

Fund
Gross assets
Minimum
Owners
Adviser
Blackwell Partners LLC - Series a - Varecs Partners Limited Sub-Account
Delaware, United StatesHedge fund
Gross assets$226M
MinimumNone set
Owners4
AdviserVarecs Partners Limited

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures