Parametric Defensive Equity Fund LLC
Parametric Defensive Equity Fund LLC is a hedge fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jan 30, 2026, the fund has sold $8,654,568,572 of interests to 383 investors since its first sale in Jan 2012. The minimum investment it accepts from an outside investor is $3,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kelly Shelquist; Thomas Lee; Parametric Portfolio Associates LLC.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $8,654,568,572Cumulative sales reported on Form D
- Investors
- 383
- First sale
- Jan 20, 2012
- Minimum investment
- $3,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kelly Shelquist; Thomas Lee; Parametric Portfolio Associates LLC
- Latest Form D
- Jan 30, 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 Parametric Defensive Equity Fund LLC
What is the minimum investment for Parametric Defensive Equity Fund LLC?
According to its latest Form D, filed Jan 30, 2026, the minimum investment Parametric Defensive Equity Fund LLC accepts from an outside investor is $3,000,000.
Who can invest in Parametric Defensive Equity Fund LLC?
Parametric Defensive Equity Fund LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Parametric Defensive Equity Fund LLC raised?
Parametric Defensive Equity Fund LLC reports $8,654,568,572 sold from 383 investors on its Form D filed Jan 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Parametric Defensive Equity Fund LLC based?
Parametric Defensive Equity Fund LLC is based in Minneapolis, Minnesota and is managed by Parametric Portfolio Associates.
When did Parametric Defensive Equity Fund LLC launch?
Parametric Defensive Equity Fund LLC reports its first sale in Jan 2012.
Size compared with every hedge fund
Raised more than 99% of the 70 hedge funds based in Minnesota, and more than 99% of all 10,308 that report sales.