Persistent Edge Global Multi-Strategy Onshore Fund Ltd.
Persistent Edge Global Multi-Strategy Onshore Fund Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Nov 21, 2024, the fund has sold $8,000,000 of interests to 1 investor since its first sale in Aug 2024. The minimum investment it accepts from an outside investor is $100,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Wei (Eric) Xu; none] Persistent Asset Partners Limited; Janice Gutteridge.
Performance
No verified returns have been reported for this fund. As a rough guide, Persistent Asset Partners Limited, which manages it, disclosed U.S. stock holdings that returned an estimated +66.1% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q1 2025 to Q2 2026, the estimate is +104.3% (S&P 500: +27.4%).
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
- $8,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Aug 1, 2024
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Wei (Eric) Xu; none] Persistent Asset Partners Limited; Janice Gutteridge
- Latest Form D
- Nov 21, 2024
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 Persistent Edge Global Multi-Strategy Onshore Fund Ltd.
What is the minimum investment for Persistent Edge Global Multi-Strategy Onshore Fund Ltd.?
According to its latest Form D, filed Nov 21, 2024, the minimum investment Persistent Edge Global Multi-Strategy Onshore Fund Ltd. accepts from an outside investor is $100,000.
Who can invest in Persistent Edge Global Multi-Strategy Onshore Fund Ltd.?
Persistent Edge Global Multi-Strategy Onshore 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 Persistent Edge Global Multi-Strategy Onshore Fund Ltd. raised?
Persistent Edge Global Multi-Strategy Onshore Fund Ltd. reports $8,000,000 sold from 1 investor on its Form D filed Nov 21, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Persistent Edge Global Multi-Strategy Onshore Fund Ltd. based?
Persistent Edge Global Multi-Strategy Onshore Fund Ltd. is based in Grand Cayman, Cayman Islands and is managed by Persistent Asset Partners Limited.
When did Persistent Edge Global Multi-Strategy Onshore Fund Ltd. launch?
Persistent Edge Global Multi-Strategy Onshore Fund Ltd. reports its first sale in Aug 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 21% of the 2,363 hedge funds based in Cayman Islands, and more than 19% of all 10,307 that report sales.