Blacksheep Fund (US) LLC
Blacksheep Fund (US) LLC is a hedge fund based in Co. Dublin, United Kingdom. According to its most recent Form D, filed Feb 13, 2026, the fund has sold $1,243,745,605 of interests to 20 investors since its first sale in Nov 2018. 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 Jonathan Bull; Ralph Woodford; Blacksheep Fund Management Limited.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $1,243,745,605Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Nov 15, 2018
- 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
- Jonathan Bull; Ralph Woodford; Blacksheep Fund Management Limited
- Latest Form D
- Feb 13, 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 AltMountain 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 · Request a correction
Questions about Blacksheep Fund (US) LLC
What is the minimum investment for Blacksheep Fund (US) LLC?
According to its latest Form D, filed Feb 13, 2026, the minimum investment Blacksheep Fund (US) LLC accepts from an outside investor is $100,000.
Who can invest in Blacksheep Fund (US) LLC?
Blacksheep Fund (US) LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Blacksheep Fund (US) LLC raised?
Blacksheep Fund (US) LLC reports $1,243,745,605 sold from 20 investors on its Form D filed Feb 13, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Blacksheep Fund (US) LLC based?
Blacksheep Fund (US) LLC is based in Co. Dublin, United Kingdom and is managed by Blacksheep Fund Management LTD..
When did Blacksheep Fund (US) LLC launch?
Blacksheep Fund (US) LLC reports its first sale in Nov 2018.
Size compared with every hedge fund
Raised more than 89% of the 71 hedge funds based in United Kingdom, and more than 92% of all 10,308 that report sales.