AltMountain

Brevan Howard PT Fund Ltd

George Town, Grand Cayman, Cayman Islands · CIK 1959233 · Managed by Brevan Howard Capital Management, LP
Offshore

Brevan Howard PT Fund Ltd is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Dec 4, 2025, the fund has sold $724,834,915 of interests to 149 investors since its first sale in Nov 2022. The minimum investment it accepts from an outside investor is $5,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Karla Bodden; Risto Silander; Carol Reynolds.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, Brevan Howard Capital Management, LP, which manages it, disclosed U.S. stock holdings that returned an estimated +27.9% 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 +49.4% (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
$724,834,915Cumulative sales reported on Form D
Investors
149
First sale
Nov 1, 2022
Minimum investment
$5,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Karla Bodden; Risto Silander; Carol Reynolds
Latest Form D
Dec 4, 2025

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 Brevan Howard PT Fund Ltd

What is the minimum investment for Brevan Howard PT Fund Ltd?

According to its latest Form D, filed Dec 4, 2025, the minimum investment Brevan Howard PT Fund Ltd accepts from an outside investor is $5,000,000.

Who can invest in Brevan Howard PT Fund Ltd?

Brevan Howard PT Fund Ltd is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Brevan Howard PT Fund Ltd raised?

Brevan Howard PT Fund Ltd reports $724,834,915 sold from 149 investors on its Form D filed Dec 4, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Brevan Howard PT Fund Ltd based?

Brevan Howard PT Fund Ltd is based in George Town, Grand Cayman, Cayman Islands and is managed by Brevan Howard Capital Management, LP.

When did Brevan Howard PT Fund Ltd launch?

Brevan Howard PT Fund Ltd reports its first sale in Nov 2022.

Size compared with every hedge fund

Raised more than 82% of the 2,363 hedge funds based in Cayman Islands, and more than 86% of all 10,308 that report sales.

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