Form D · Hedge Fund

M Square Fund, Ltd.

Grand Cayman, E9 · CIK 0002019633

Offering snapshot reported Apr 23, 2026 · SEC filing

Reported sold: $22M
Investors reported: 1
Minimum accepted: $100K
First sale: May 1, 2023

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$20,000,000 → $22,000,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 23, 2026	Amendment	$22,000,000	$2,000,000vs Apr 23, 2025	1	SEC filing
Apr 23, 2025	Amendment	$20,000,000	$0vs Apr 22, 2024	1	SEC filing
Apr 22, 2024	Initial	$20,000,000	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: 021-511160

Source: Form D, filed Apr 23, 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

M SQUARE FUND LTD.

Investment adviser: M SQUARE INVESTIMENTOS LTDA.

Gross asset value: $126M
Beneficial owners: 30
ADV minimum commitment: $100K

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO FUND SERVICES (CURACAO) B.V. WILLEMSTAD, Curacao Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP GEORGE TOWN, Cayman Islands

Custodian CITCO BANK AND TRUST COMPANY LIMITED CAMANA BAY, Cayman Islands Related to adviser: No

Provider details

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

KPMG LLP
PCAOB 1323

Filing source

Form ADV 2082006 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-4708976706

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
Luciana Barreto	Director
M Square Investimentos Ltda.	Promoter
Ivo Profili	Director
Renata Silveira	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Ogier Global (Cayman) Limited 89 Nexus Way, Camana Bay
Grand Cayman, E9, KY1-9009