Form D · Hedge Fund

Market Advantage, Ltd.

Grand Cayman, E9 · CIK 0001497585

Offering snapshot reported Mar 17, 2026 · SEC filing

Reported sold
$2.56B
Indefinite offering
Investors reported
24
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Sep 15, 2010
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.57B$3.15BJul 29, 2010: $160,092,658.00Jul 29, 2010Mar 7, 2011: $717,864,700.00Mar 5, 2012: $1,469,006,086.00Mar 5, 2013: $2,033,532,445.00Mar 5, 2014: $2,333,130,650.00Mar 5, 2015: $2,405,780,650.00Mar 7, 2016: $2,569,980,650.00Mar 8, 2017: $2,595,280,650.00Mar 8, 2018: $2,690,521,639.00Mar 8, 2019: $2,724,444,707.00Mar 9, 2020: $3,046,221,249.00Mar 9, 2021: $3,135,468,612.00Mar 9, 2022: $3,145,468,612.00Mar 13, 2023: $3,145,468,612.00Mar 6, 2024: $3,145,468,612.00Apr 1, 2025: $3,145,468,612.00Mar 17, 2026: $2,558,140,542.00Mar 17, 2026

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$3,145,468,612 → $2,558,140,542
  • Reported investors27 → 24

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 17, 2026Amendment$2,558,140,542-$587,328,070vs Apr 1, 202524SEC filing
Apr 1, 2025Amendment$3,145,468,612$0vs Mar 6, 202427SEC filing
Mar 6, 2024Amendment$3,145,468,612$0vs Mar 13, 202327SEC filing
Mar 13, 2023Amendment$3,145,468,612$0vs Mar 9, 202227SEC filing
Mar 9, 2022Amendment$3,145,468,612$99,247,363vs Mar 9, 202027SEC filing
Mar 9, 2021Amendment$3,135,468,612$89,247,363vs Mar 9, 202027SEC filing
Mar 9, 2020Amendment$3,046,221,249$321,776,542vs Mar 8, 201926SEC filing
Mar 8, 2019Amendment$2,724,444,707$33,923,068vs Mar 8, 201823SEC filing
Mar 8, 2018Amendment$2,690,521,639$95,240,989vs Mar 8, 201721SEC filing
Mar 8, 2017Amendment$2,595,280,650$25,300,000vs Mar 7, 201617SEC filing
Mar 7, 2016Amendment$2,569,980,650$164,200,000vs Mar 5, 201517SEC filing
Mar 5, 2015Amendment$2,405,780,650$72,650,000vs Mar 5, 201415SEC filing
Mar 5, 2014Amendment$2,333,130,650$299,598,205vs Mar 5, 201314SEC filing
Mar 5, 2013Amendment$2,033,532,445$564,526,359vs Mar 5, 201213SEC filing
Mar 5, 2012Amendment$1,469,006,086$751,141,386vs Mar 7, 20118SEC filing
Mar 7, 2011Amendment$717,864,700$557,772,042vs Jul 29, 20103SEC filing
Jul 29, 2010Initial$160,092,658No comparison1SEC filing

Offering details

Securities
Equity, 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
021-145628

Source: Form D, filed Mar 17, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

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
Jennifer Collins Director
Scott P. Lennon Director
Noelle L'heureux Director
Robert Meschi Director
Anne Marie Petach Director
Ian Pilgrim Director
Michelle M. Wilson Clarke Director
W. William Woods Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Intertrust Corp. Svcs. (Cayman) Ltd. 190 Elgin Avenue, George Town
Grand Cayman, E9, KY1-9005