BTG Pactual Rates Fund, Ltd. is a hedge fund based in George Town, Cayman Islands. According to its most recent Form D, filed Feb 6, 2026, the fund has sold $127,601,758 of interests to 354 investors since its first sale in Sep 2016. 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 BTG Pactual Asset Management US, LLC; Carolina Cury Maia Costa; Darren Stainrod.
- Total raised
- $127,601,758Cumulative sales reported on Form D
- Investors
- 354
- First sale
- Sep 1, 2016
- 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
- BTG Pactual Asset Management US, LLC; Carolina Cury Maia Costa; Darren Stainrod
- Latest Form D
- Feb 6, 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 53% of the 2,343 hedge funds based in Cayman Islands, and more than 62% of all 10,157 that report sales.
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