AltMountain

ADAR1 Partners (BVI), Ltd.

Austin, TX · CIK 1989639 · Managed by Adar1 Capital Management, LLC

ADAR1 Partners (BVI), Ltd. is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Aug 7, 2026, the fund has sold $441,186,321 of interests to 118 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephen Scipione; Daniel Schneeberger; ADAR1 Capital Management, LLC.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, Adar1 Capital Management, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +17.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +112.0% (S&P 500: +37.2%).

This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.

Is this your fund? Report your monthly returns · How performance works

Total raised
$441,186,321Cumulative sales reported on Form D
Investors
118
First sale
Dec 29, 2022
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Stephen Scipione; Daniel Schneeberger; ADAR1 Capital Management, LLC
Latest Form D
Aug 7, 2026

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about ADAR1 Partners (BVI), Ltd.

What is the minimum investment for ADAR1 Partners (BVI), Ltd.?

According to its latest Form D, filed Aug 7, 2026, the minimum investment ADAR1 Partners (BVI), Ltd. accepts from an outside investor is $100,000.

Who can invest in ADAR1 Partners (BVI), Ltd.?

ADAR1 Partners (BVI), Ltd. is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has ADAR1 Partners (BVI), Ltd. raised?

ADAR1 Partners (BVI), Ltd. reports $441,186,321 sold from 118 investors on its Form D filed Aug 7, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is ADAR1 Partners (BVI), Ltd. based?

ADAR1 Partners (BVI), Ltd. is based in Austin, Texas and is managed by Adar1 Capital Management, LLC.

When did ADAR1 Partners (BVI), Ltd. launch?

ADAR1 Partners (BVI), Ltd. reports its first sale in Dec 2022.

Size compared with every hedge fund

Raised more than 90% of the 631 hedge funds based in Texas, and more than 80% of all 10,307 that report sales.

Other funds with the same team

More hedge funds in Austin

Similar-size hedge funds in Texas

All hedge funds in Texas