ADAR1 Partners (BVI), Ltd. is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Aug 7, 2026, the fund has sold $441,186,321 of interests to 118 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephen Scipione; Daniel Schneeberger; ADAR1 Capital Management, LLC.
- Total raised
- $441,186,321Cumulative sales reported on Form D
- Investors
- 118
- First sale
- Dec 29, 2022
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephen Scipione; Daniel Schneeberger; ADAR1 Capital Management, LLC
- Latest Form D
- Aug 7, 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 HedgeMountain 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
Size compared with every hedge fund
Raised more than 90% of the 668 hedge funds based in Texas, and more than 80% of all 10,157 that report sales.
Other funds with the same team
More hedge funds in Austin
- SCS Insurance Global Series IV Interests of the SALI Multi-Series Fund, LP$53.9M
- Prophet Mortgage Servicing Opportunities (Onshore) LP$77.4M
- Saturn V Capital Offshore Ltd.$64.2M
- Saturn V Capital LP$253M
- Zilker Diversified Insurance Dedicated Fund Series Interests of the SALI Multi-Series Fund, L.P.$39.6M
- WVP Insurance Fund I Series Interests of the SALI Multi-Series Fund IV, LP$261M