AltMountain

North Star Fund Ltd.

Grand Cayman, Cayman Islands · CIK 1782633 · Managed by Blackstone Alternative Asset Management L.P.
Offshore

North Star Fund Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jul 10, 2026, the fund has sold $100,000,000 of interests to 1 investor since its first sale in Jul 2019. 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 Patrick Agemian; Grant Jackson; Blackstone Alternative Asset Management L.P.

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.

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Total raised
$100,000,000Cumulative sales reported on Form D
Investors
1
First sale
Jul 1, 2019
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
Patrick Agemian; Grant Jackson; Blackstone Alternative Asset Management L.P
Latest Form D
Jul 10, 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 North Star Fund Ltd.

What is the minimum investment for North Star Fund Ltd.?

According to its latest Form D, filed Jul 10, 2026, the minimum investment North Star Fund Ltd. accepts from an outside investor is $100,000.

Who can invest in North Star Fund Ltd.?

North Star 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 North Star Fund Ltd. raised?

North Star Fund Ltd. reports $100,000,000 sold from 1 investor on its Form D filed Jul 10, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is North Star Fund Ltd. based?

North Star Fund Ltd. is based in Grand Cayman, Cayman Islands and is managed by Blackstone Alternative Asset Management L.P..

When did North Star Fund Ltd. launch?

North Star Fund Ltd. reports its first sale in Jul 2019.

Size compared with every hedge fund

Raised more than 49% of the 2,363 hedge funds based in Cayman Islands, and more than 57% of all 10,308 that report sales.

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