Krane California Carbon Allowance Fund, Ltd.
Krane California Carbon Allowance Fund, Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jun 3, 2025, the fund has sold $27,720,000 of interests to 5 investors since its first sale in May 2024. The minimum investment it accepts from an outside investor is $250,000. 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. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Michael McDonald; Krane Capital Management, LLC; Jonathan Krane.
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
- $27,720,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- May 22, 2024
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael McDonald; Krane Capital Management, LLC; Jonathan Krane
- Latest Form D
- Jun 3, 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 31% of the 2,343 hedge funds based in Cayman Islands, and more than 35% of all 10,157 that report sales.
Other funds with the same team
- Millennium International, Ltd.$12B
- Axon Partners (Offshore), Ltd.$3.9B
- John Street Systematic Fund Ltd$3.1B
- Class C Segregated Portfolio of FORT Global Offshore Fund, SPC$2.1B
- Brevet Direct Lending - Short Duration Fund, Ltd.$1.6B
- Chatham Asset High Yield Offshore Fund, LTD.$1.6B
- Soma Offshore LTD$1.4B
- Park Presidio Capital Offshore Fund, Ltd.$662M