Lone Cedar, Ltd.
Lone Cedar, Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 6, 2026, the fund has sold $1,063,075,060 of interests to 123 investors since its first sale in Jan 1998. The minimum investment it accepts from an outside investor is $50,000. 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 Sarah Gordon Wild; Martin Lang; Lone Pine Capital LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Lone Pine Capital LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +14.9% 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 +65.4% (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.
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- Total raised
- $1,063,075,060Cumulative sales reported on Form D
- Investors
- 123
- First sale
- Jan 1, 1998
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Sarah Gordon Wild; Martin Lang; Lone Pine Capital LLC
- Latest Form D
- Mar 6, 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 Lone Cedar, Ltd.
What is the minimum investment for Lone Cedar, Ltd.?
According to its latest Form D, filed Mar 6, 2026, the minimum investment Lone Cedar, Ltd. accepts from an outside investor is $50,000.
Who can invest in Lone Cedar, Ltd.?
Lone Cedar, 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 Lone Cedar, Ltd. raised?
Lone Cedar, Ltd. reports $1,063,075,060 sold from 123 investors on its Form D filed Mar 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Lone Cedar, Ltd. based?
Lone Cedar, Ltd. is based in George Town, Grand Cayman, Cayman Islands and is managed by Lone Pine Capital LLC.
When did Lone Cedar, Ltd. launch?
Lone Cedar, Ltd. reports its first sale in Jan 1998.
Size compared with every hedge fund
Raised more than 87% of the 2,363 hedge funds based in Cayman Islands, and more than 90% of all 10,308 that report sales.