Parametric Defensive Equity Fund LLC
Parametric Defensive Equity Fund LLC is a hedge fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jan 30, 2026, the fund has sold $8,654,568,572 of interests to 383 investors since its first sale in Jan 2012. The minimum investment it accepts from an outside investor is $3,000,000. 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 Kelly Shelquist; Thomas Lee; Parametric Portfolio Associates LLC.
- Total raised
- $8,654,568,572Cumulative sales reported on Form D
- Investors
- 383
- First sale
- Jan 20, 2012
- Minimum investment
- $3,000,000
- 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
- Kelly Shelquist; Thomas Lee; Parametric Portfolio Associates LLC
- Latest Form D
- Jan 30, 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 70 hedge funds based in Minnesota, and more than 99% of all 10,157 that report sales.