AltMountain

Carrhae Capital Fund LP

Grand Cayman, Cayman Islands · CIK 1550306 · Managed by Carrhae Capital
Offshore

Carrhae Capital Fund LP is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 20, 2026, the fund has sold $872,072,000 of interests to 37 investors since its first sale in May 2012. The filing does not set a minimum investment. 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 Carrhae Capital GP Ltd; Richard Coles; Monina Windsor.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, Carrhae Capital, which manages it, disclosed U.S. stock holdings that returned an estimated -1.6% 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 +51.7% (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
$872,072,000Cumulative sales reported on Form D
Investors
37
First sale
May 1, 2012
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Carrhae Capital GP Ltd; Richard Coles; Monina Windsor
Latest Form D
Mar 20, 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 Carrhae Capital Fund LP

What is the minimum investment for Carrhae Capital Fund LP?

Carrhae Capital Fund LP's latest Form D, filed Mar 20, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Carrhae Capital Fund LP?

Carrhae Capital Fund LP 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 Carrhae Capital Fund LP raised?

Carrhae Capital Fund LP reports $872,072,000 sold from 37 investors on its Form D filed Mar 20, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Carrhae Capital Fund LP based?

Carrhae Capital Fund LP is based in Grand Cayman, Cayman Islands and is managed by Carrhae Capital.

When did Carrhae Capital Fund LP launch?

Carrhae Capital Fund LP reports its first sale in May 2012.

Size compared with every hedge fund

Raised more than 84% of the 2,363 hedge funds based in Cayman Islands, and more than 88% of all 10,308 that report sales.

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