Form D · Hedge Fund

Hiddenite Capital Master Fund Ltd.

Grand Cayman, E9 · CIK 0001827576

Offering snapshot reported Feb 19, 2026 · SEC filing

Reported sold: $349M
Investors reported: 2
Minimum accepted: $0
First sale: Oct 1, 2020

Fundraising history

Reported sold

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$82,402,000 → $348,512,614

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 19, 2026	Amendment	$348,512,614	$266,110,614vs Oct 3, 2023	2	SEC filing
Oct 3, 2023	Amendment	$82,402,000	$0vs Oct 7, 2022	2	SEC filing
Oct 7, 2022	Amendment	$82,402,000	$7,402,000vs Oct 8, 2021	2	SEC filing
Oct 8, 2021	Amendment	$75,000,000	$37,500,000vs Oct 9, 2020	2	SEC filing
Oct 9, 2020	Initial	$37,500,000	No comparison	1	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-377558

NAV as of 12/31/2025

Source: Form D, filed Feb 19, 2026. 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

HIDDENITE CAPITAL MASTER FUND LTD.

Investment adviser: HIDDENITE CAPITAL PARTNERS LP

Gross asset value: $634M
Beneficial owners: 74
ADV minimum commitment: $2.5M

Reported in Form ADV on May 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MORGAN STANLEY FUND SERVICES USA LLC PURCHASE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP STAMFORD, Connecticut, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Prime broker UBS SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

GOLDMAN SACHS & CO. LLC
SEC 8-129

MORGAN STANLEY & CO. LLC
SEC 8-15869

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

UBS SECURITIES LLC
SEC 8-22651

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Filing source

Form ADV 2107944 · May 26, 2026 · Schedule D 7.B.(1), fund 805-2786333231

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
Name	Reported role
Neal Denning	Executive
Stephen Joseph Gray	Executive, Promoter
N/A Hiddenite Capital Gp Llc	Promoter
N/A Hiddenite Capital Holdings Llc	Executive
N/A Hiddenite Capital Partners Lp	Executive, Promoter
Ryan Russell Packard	Director, Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Mourant Gov. Serv. Cayman Ltd 94 Solaris Avenue, Po Box 1348
Grand Cayman, E9, KY1-1108