Risk Parity Multi-Asset Fund-HV, a series of The PanAgora Group Trust is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Dec 1, 2025, the fund has sold $713,760,409 of interests to 5 investors since its first sale in Jul 2014. The filing does not set a minimum investment. 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 PanAgora Asset Management, Inc; The Bank of New York Mellon.
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
- $713,760,409Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jul 30, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- PanAgora Asset Management, Inc; The Bank of New York Mellon
- Latest Form D
- Dec 1, 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 77% of the 472 hedge funds based in Massachusetts, and more than 86% of all 10,157 that report sales.
Other funds with the same team
- PanAgora Risk Parity Multi Asset Master Fund, Ltd.$8.0B
- PanAgora Diversified Risk Multi-Asset Fund, Ltd.$5.2B
- Risk Parity Multi-Asset Fund, a series of The PanAgora Group Trust$2.7B
- PanAgora Risk Parity Multi Asset (12V), LLC$2.7B
- PanAgora Risk Parity Multi Asset Fund (HV), LLC$2.4B
- PanAgora Diversified Risk Multi-Asset Fund (B), Ltd.$2.3B
- PanAgora Risk Managed Global Opportunities Fund, LLC$643M
- PanAgora Risk Managed Global Opportunities Master Fund, Ltd.$501M
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