Select Top Layer Fund Ltd. is a hedge fund based in Hamilton, Bermuda. According to its most recent Form D, filed Nov 28, 2025, the fund has sold $181,500,000 of interests to 2 investors since its first sale in Jan 2023. The filing does not set a minimum investment. 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 Gary Carr; Kiernan Bell; Michael Jedraszak.
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
- $181,500,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jan 2, 2023
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gary Carr; Kiernan Bell; Michael Jedraszak
- Latest Form D
- Nov 28, 2025
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 Select Top Layer Fund Ltd.
What is the minimum investment for Select Top Layer Fund Ltd.?
Select Top Layer Fund Ltd.'s latest Form D, filed Nov 28, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Select Top Layer Fund Ltd.?
Select Top Layer 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 Select Top Layer Fund Ltd. raised?
Select Top Layer Fund Ltd. reports $181,500,000 sold from 2 investors on its Form D filed Nov 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Select Top Layer Fund Ltd. based?
Select Top Layer Fund Ltd. is based in Hamilton, Bermuda.
When did Select Top Layer Fund Ltd. launch?
Select Top Layer Fund Ltd. reports its first sale in Jan 2023.
Size compared with every hedge fund
Raised more than 60% of the 104 hedge funds based in Bermuda, and more than 68% of all 10,307 that report sales.