HedgeMountain

Brevan Howard Alpha Strategies Fund (Delaware No. 2), L.P.

George Town, Grand Cayman, Cayman Islands · CIK 1995732
Offshore

Brevan Howard Alpha Strategies Fund (Delaware No. 2), L.P. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Dec 4, 2025, the fund has sold $308,373,414 of interests to 177 investors since its first sale in Nov 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 Risto Silander; Brevan Howard General Partner Limited; Carol Reynolds.

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.

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Total raised
$308,373,414Cumulative sales reported on Form D
Investors
177
First sale
Nov 30, 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
Risto Silander; Brevan Howard General Partner Limited; Carol Reynolds
Latest Form D
Dec 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 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 67% of the 2,343 hedge funds based in Cayman Islands, and more than 75% of all 10,157 that report sales.

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