Polar Multi-Strategy Fund is a hedge fund based in Camana Bay, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Oct 21, 2025, the fund has sold $898,031,352 of interests to 66 investors since its first sale in Jan 2003. The minimum investment it accepts from an outside investor is $50,000. 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 John Sabourin; Polar Asset Management Partners Inc; Richard Lemaich.
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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $898,031,352Cumulative sales reported on Form D
- Investors
- 66
- First sale
- Jan 1, 2003
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Sabourin; Polar Asset Management Partners Inc; Richard Lemaich
- Latest Form D
- Oct 21, 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 85% of the 2,343 hedge funds based in Cayman Islands, and more than 89% of all 10,157 that report sales.