Palomino Fund LTD. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 23, 2026, the fund has sold $6,078,816,686 of interests to 170 investors since its first sale in Jan 2010. The minimum investment it accepts from an outside investor is $5,000,000. 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 Geoff Ruddick; Appaloosa LP; Appaloosa Capital Inc.
- Total raised
- $6,078,816,686Cumulative sales reported on Form D
- Investors
- 170
- First sale
- Jan 1, 2010
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Geoff Ruddick; Appaloosa LP; Appaloosa Capital Inc
- Latest Form D
- Jan 23, 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 99% of the 2,343 hedge funds based in Cayman Islands, and more than 99% of all 10,157 that report sales.