PHC Fund Ltd.
PHC Fund Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jun 4, 2025, the fund has sold $153,195,435 of interests to 1 investor since its first sale in May 2017. 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. Related persons named in the filing include Benjamin Browning; Barry McGrath; Lighthouse Investment Partners LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Lighthouse Investment Partners, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +11.0% 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 +32.1% (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
- $153,195,435Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 1, 2017
- 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
- Benjamin Browning; Barry McGrath; Lighthouse Investment Partners LLC
- Latest Form D
- Jun 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 PHC Fund Ltd.
What is the minimum investment for PHC Fund Ltd.?
According to its latest Form D, filed Jun 4, 2025, the minimum investment PHC Fund Ltd. accepts from an outside investor is $100,000.
Who can invest in PHC Fund Ltd.?
PHC 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 PHC Fund Ltd. raised?
PHC Fund Ltd. reports $153,195,435 sold from 1 investor on its Form D filed Jun 4, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is PHC Fund Ltd. based?
PHC Fund Ltd. is based in Grand Cayman, Cayman Islands and is managed by Lighthouse Investment Partners, LLC.
When did PHC Fund Ltd. launch?
PHC Fund Ltd. reports its first sale in May 2017.
Size compared with every hedge fund
Raised more than 56% of the 2,363 hedge funds based in Cayman Islands, and more than 65% of all 10,308 that report sales.
Other funds with the same team
- Lighthouse Diversified Fund Ltd$7.0B
- Lighthouse Palmetto Strategic Partnership, L.P.$3.2B
- Lighthouse Global Long/Short Fund Ltd$2.7B
- Eagle Harbor Multi-Strategy Fund Ltd$1.7B
- North Rock Fund, L.P.$1.3B
- Lighthouse Opportunities Fund Ltd$1.2B
- Lighthouse Global Long/Short Fund, L.P.$828M
- Lighthouse Multi-Strategy Fund Ltd$720M