AltMountain

PARF-Offshore Ltd.

Grand Cayman, Cayman Islands · CIK 1801650 · Managed by Prana Capital Management LP
Offshore

PARF-Offshore Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 8, 2026, the fund has sold $434,641,235 of interests to 59 investors since its first sale in Feb 2020. 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 Prana Capital Management LP; James Macfee; Jason Fitzgerald.

Performance

13F estimate · public data only

No verified returns have been reported for this fund. As a rough guide, Prana Capital Management LP, which manages it, disclosed U.S. stock holdings that returned an estimated -4.5% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +24.2% (S&P 500: +37.2%).

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.

Is this your fund? Report your monthly returns · How performance works

Total raised
$434,641,235Cumulative sales reported on Form D
Investors
59
First sale
Feb 1, 2020
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
Prana Capital Management LP; James Macfee; Jason Fitzgerald
Latest Form D
Jan 8, 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 PARF-Offshore Ltd.

What is the minimum investment for PARF-Offshore Ltd.?

According to its latest Form D, filed Jan 8, 2026, the minimum investment PARF-Offshore Ltd. accepts from an outside investor is $100,000.

Who can invest in PARF-Offshore Ltd.?

PARF-Offshore 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 PARF-Offshore Ltd. raised?

PARF-Offshore Ltd. reports $434,641,235 sold from 59 investors on its Form D filed Jan 8, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is PARF-Offshore Ltd. based?

PARF-Offshore Ltd. is based in Grand Cayman, Cayman Islands and is managed by Prana Capital Management LP.

When did PARF-Offshore Ltd. launch?

PARF-Offshore Ltd. reports its first sale in Feb 2020.

Size compared with every hedge fund

Raised more than 73% of the 2,363 hedge funds based in Cayman Islands, and more than 80% of all 10,308 that report sales.

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