Permian Fund, Ltd. is a hedge fund based in Dallas, Texas. According to its most recent Form D, filed Feb 2, 2026, the fund has sold $594,682,031 of interests to 71 investors since its first sale in Mar 2009. 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 Scott Hendrickson; Kate Richard; Chris Heasman.
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
- $594,682,031Cumulative sales reported on Form D
- Investors
- 71
- First sale
- Mar 1, 2009
- 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
- Scott Hendrickson; Kate Richard; Chris Heasman
- Latest Form D
- Feb 2, 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 Permian Fund, Ltd.
What is the minimum investment for Permian Fund, Ltd.?
According to its latest Form D, filed Feb 2, 2026, the minimum investment Permian Fund, Ltd. accepts from an outside investor is $100,000.
Who can invest in Permian Fund, Ltd.?
Permian 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 Permian Fund, Ltd. raised?
Permian Fund, Ltd. reports $594,682,031 sold from 71 investors on its Form D filed Feb 2, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Permian Fund, Ltd. based?
Permian Fund, Ltd. is based in Dallas, Texas.
When did Permian Fund, Ltd. launch?
Permian Fund, Ltd. reports its first sale in Mar 2009.
Size compared with every hedge fund
Raised more than 92% of the 631 hedge funds based in Texas, and more than 84% of all 10,308 that report sales.
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