Alphadyne Global Rates Fund II, Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 4, 2026, the fund has sold $1,240,507,533 of interests to 35 investors since its first sale in Nov 2011. 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 Dipenkumar Bhagat; Alphadyne Asset Management, LP; Yukako Kawata.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to HedgeMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $1,240,507,533Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Nov 1, 2011
- 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
- Dipenkumar Bhagat; Alphadyne Asset Management, LP; Yukako Kawata
- Latest Form D
- Mar 4, 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 HedgeMountain 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
Size compared with every hedge fund
Raised more than 89% of the 2,343 hedge funds based in Cayman Islands, and more than 92% of all 10,157 that report sales.