Select Top Layer Fund Ltd. is a hedge fund based in Hamilton, Bermuda. According to its most recent Form D, filed Nov 28, 2025, the fund has sold $181,500,000 of interests to 2 investors since its first sale in Jan 2023. The filing does not set a minimum investment. 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 Gary Carr; Kiernan Bell; Michael Jedraszak.
- Total raised
- $181,500,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jan 2, 2023
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gary Carr; Kiernan Bell; Michael Jedraszak
- Latest Form D
- Nov 28, 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 60% of the 104 hedge funds based in Bermuda, and more than 67% of all 10,157 that report sales.