Form D · Hedge Fund

Brevan Howard PT Fund, L.P.

George Town, Grand Cayman, E9 · CIK 0001958850

Offering snapshot reported Dec 4, 2025 · SEC filing

Reported sold
$660M
Indefinite offering
Investors reported
236
Form D · investor count
Minimum accepted
$5M
Reported outside-investor minimum
First sale
Jan 1, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$330M$660MJan 26, 2023: $212,146,796.00Jan 26, 2023Jan 31, 2024: $513,529,715.00Jan 31, 2024Dec 5, 2024: $625,957,574.00Dec 5, 2024Dec 4, 2025: $660,356,397.00Dec 4, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$625,957,574 → $660,356,397
  • Reported investors211 → 236

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 4, 2025Amendment$660,356,397$34,398,823vs Dec 5, 2024236SEC filing
Dec 5, 2024Amendment$625,957,574$112,427,859vs Jan 31, 2024211SEC filing
Jan 31, 2024Amendment$513,529,715$301,382,919vs Jan 26, 2023157SEC filing
Jan 26, 2023Initial$212,146,796No comparison33SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$380K
Finders' fees
$1.07M (estimated)
Form D file number
021-471897
The Manager will pay a fee, which may vary from time to time, to the placement agents. Fees listed above represent estimated fees paid during the calendar year 2024.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Brevan Howard US LLC150662
J.P. Morgan Securities LLC79
Morgan Stanley & Co. LLC8209

Source: Form D, filed Dec 4, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

BREVAN HOWARD PT FUND, LP

Investment adviser: BREVAN HOWARD CAPITAL MANAGEMENT, LP

Gross asset value
Not reported
Beneficial owners
Not reported
ADV minimum commitment
Not reported

Reported in Form ADV on Jul 20, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

No provider names available in this fund's imported disclosure.

Provider details
Annual audit
Not reported
Prime brokers
Not reported
Custodians
Not reported
Administrator other than the adviser
Not reported
External marketing
Not reported
Filing source

Form ADV 2112745 · Jul 20, 2026 · Schedule D 7.B.(1), fund 805-8882838761

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Karla Bodden Director
N/A Brevan Howard Capital Management Lp Executive
N/A Brevan Howard General Partner Limited Executive
Philippe Lespinard Director
Carol Reynolds Director
Phil Schmitt Director
Risto Silander Director
James Vernon Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Walkers Corporate Limited 190 Elgin Avenue
George Town, Grand Cayman, E9, KY1-9008