Man TargetRisk (Cayman) SP files amendment to $2.41B hedge fund
Man TargetRisk (Cayman) SP, a Cayman Islands hedge fund managed by Man Asset Management, has raised $2.41B from 18 qualified investors since first close in September 2019. The fund operates under Regulation D exemptions 3(c)(7) for institutional investors with a $1M minimum investment.
How this compares
- Across 174 hedge fund sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 7 months.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Raise progress
Sold rose from $2.4B to $2.41B (+$6.5M, +1 investor) in 365 days since the previous filing.
| Filed | Form | Sold | Investors | Change |
|---|---|---|---|---|
| 2025-09-30 | D/A | $2.4B | 17 | |
| 2025-10-01 | D/A | $2.4B | 17 | $0 |
| 2026-10-01 | D/A | $2.41B | 18 | +$6.5M |
Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.
Man on EDGAR
Earlier and related filings by the same issuer and sponsor.
Man Funds XI SPC, on behalf of & for the account of Man AHL TargetRisk (Cayman) SP updates its Form D — $2.4B sold
People on the filing
| n/a Man Asset Management (Cayman) Limited | Executive Officer |
| n/a AHL Partners LLP | Executive Officer |
| Jennifer Collins | Director |
| Tim Sweeting | Director |
| Jennifer Thomson | Director |
Signed by Tim Sweeting, Director of the Issuer.
Placement agents / sales compensation: Man Investments Inc.
Why now — by persona
- Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
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Filing contact
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