Night Squared Offshore Fund Ltd
Night Squared Offshore Fund Ltd is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jul 15, 2026, the fund has sold $63,675,000 of interests to 11 investors since its first sale in Jul 2025. The minimum investment it accepts from an outside investor is $1,000,000. 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 Night Squared LP; Simon Cawdery; Michael Berkley.
Performance
No verified returns have been reported for this fund. As a rough guide, Night Squared LP, which manages it, disclosed U.S. stock holdings that returned an estimated +19.9% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q2 2025 to Q2 2026, the estimate is +42.1% (S&P 500: +33.5%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $63,675,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jul 1, 2025
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Night Squared LP; Simon Cawdery; Michael Berkley
- Latest Form D
- Jul 15, 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 Night Squared Offshore Fund Ltd
What is the minimum investment for Night Squared Offshore Fund Ltd?
According to its latest Form D, filed Jul 15, 2026, the minimum investment Night Squared Offshore Fund Ltd accepts from an outside investor is $1,000,000.
Who can invest in Night Squared Offshore Fund Ltd?
Night Squared Offshore Fund Ltd 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 Night Squared Offshore Fund Ltd raised?
Night Squared Offshore Fund Ltd reports $63,675,000 sold from 11 investors on its Form D filed Jul 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Night Squared Offshore Fund Ltd based?
Night Squared Offshore Fund Ltd is based in George Town, Grand Cayman, Cayman Islands and is managed by Night Squared LP.
When did Night Squared Offshore Fund Ltd launch?
Night Squared Offshore Fund Ltd reports its first sale in Jul 2025.
Size compared with every hedge fund
Raised more than 42% of the 2,363 hedge funds based in Cayman Islands, and more than 50% of all 10,308 that report sales.