HedgeMountain

Brevan Howard Multi-Strategy Fund Ltd

Offshore

Brevan Howard Multi-Strategy Fund Ltd 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 $1,927,097,826 of interests to 112 investors since its first sale in Mar 2008. The minimum investment it accepts from an outside investor is $10,000,000. 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 Philippe Lespinard; Carol Reynolds; Risto Silander.

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
$1,927,097,826Cumulative sales reported on Form D
Investors
112
First sale
Mar 1, 2008
Minimum investment
$10,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Philippe Lespinard; Carol Reynolds; Risto Silander
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 94% of the 2,343 hedge funds based in Cayman Islands, and more than 95% of all 10,157 that report sales.

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