Parametric Global Defensive Equity Fund LLC
Parametric Global Defensive Equity Fund LLC is a hedge fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Oct 17, 2025, the fund has sold $1,986,924,421 of interests to 120 investors since its first sale in Sep 2015. The minimum investment it accepts from an outside investor is $3,000,000. 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 Parametric Portfolio Associates LLC; Thomas Lee; Kelly Shelquist.
- Total raised
- $1,986,924,421Cumulative sales reported on Form D
- Investors
- 120
- First sale
- Sep 1, 2015
- Minimum investment
- $3,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Parametric Portfolio Associates LLC; Thomas Lee; Kelly Shelquist
- Latest Form D
- Oct 17, 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 93% of the 70 hedge funds based in Minnesota, and more than 95% of all 10,157 that report sales.