Radcliffe Treasury Plus Fund, Ltd.
Radcliffe Treasury Plus Fund, Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed May 15, 2026, the fund has sold $100,000,000 of interests to 1 investor since its first sale in May 2023. 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 Steven Katznelson; Radcliffe Capital Management, L.P.
Performance
No verified returns have been reported for this fund. As a rough guide, Radcliffe Capital Management, L.P., which manages it, disclosed U.S. stock holdings that returned an estimated +1.8% 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 +41.0% (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
- $100,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 1, 2023
- 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
- Steven Katznelson; Radcliffe Capital Management, L.P
- Latest Form D
- May 15, 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 Radcliffe Treasury Plus Fund, Ltd.
What is the minimum investment for Radcliffe Treasury Plus Fund, Ltd.?
According to its latest Form D, filed May 15, 2026, the minimum investment Radcliffe Treasury Plus Fund, Ltd. accepts from an outside investor is $100,000.
Who can invest in Radcliffe Treasury Plus Fund, Ltd.?
Radcliffe Treasury Plus 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 Radcliffe Treasury Plus Fund, Ltd. raised?
Radcliffe Treasury Plus Fund, Ltd. reports $100,000,000 sold from 1 investor on its Form D filed May 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Radcliffe Treasury Plus Fund, Ltd. based?
Radcliffe Treasury Plus Fund, Ltd. is based in George Town, Grand Cayman, Cayman Islands and is managed by Radcliffe Capital Management, L.P..
When did Radcliffe Treasury Plus Fund, Ltd. launch?
Radcliffe Treasury Plus Fund, Ltd. reports its first sale in May 2023.
Size compared with every hedge fund
Raised more than 49% of the 2,363 hedge funds based in Cayman Islands, and more than 57% of all 10,307 that report sales.
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