HedgeMountain

SteelMill Fund Ltd

Offshore

SteelMill Fund Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 13, 2026, the fund has sold $1,394,990,598 of interests to 57 investors since its first sale in Jan 2011. The minimum investment it accepts from an outside investor is $100,000. 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 Bradley Sanford; Grant Jackson; Martin Byrne.

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
$1,394,990,598Cumulative sales reported on Form D
Investors
57
First sale
Jan 1, 2011
Minimum investment
$100,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Bradley Sanford; Grant Jackson; Martin Byrne
Latest Form D
Jan 13, 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 90% of the 2,343 hedge funds based in Cayman Islands, and more than 93% of all 10,157 that report sales.

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