Hermes Partners, L.P. is a hedge fund based in San Diego, California. According to its most recent Form D, filed Dec 3, 2025, the fund has sold $252,039,587 of interests to 192 investors since its first sale in Apr 1994. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Paul Flather; Hermes Advisors LLC.
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
- $252,039,587Cumulative sales reported on Form D
- Investors
- 192
- First sale
- Apr 1, 1994
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Paul Flather; Hermes Advisors LLC
- Latest Form D
- Dec 3, 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 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 80% of the 1,051 hedge funds based in California, and more than 72% of all 10,157 that report sales.