Advantage Advisers Xanthus Fund, L.L.C. is a hedge fund based in New York, New York. According to its most recent Form D, filed Feb 20, 2026, the fund has sold $3,556,687,432 of interests to 86,186 investors since its first sale in Sep 1999. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Advantage Advisers Multi-Manager, L.L.C; Bryan McKigney; Todd Milbourn.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to HedgeMountain directly.
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- Total raised
- $3,556,687,432Cumulative sales reported on Form D
- Investors
- 86,186
- First sale
- Sep 1, 1999
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Advantage Advisers Multi-Manager, L.L.C; Bryan McKigney; Todd Milbourn
- Latest Form D
- Feb 20, 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 98% of the 2,479 hedge funds based in New York, and more than 98% of all 10,157 that report sales.