Form D · Hedge Fund

Pharo Africa Fund, Ltd.

Grand Cayman, E9 · CIK 0001726166

Offering snapshot reported May 6, 2026 · SEC filing

Reported sold
$25.7M
Indefinite offering
Investors reported
14
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Jun 1, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$27.7M$55.4MMar 15, 2018: $55,399,100.00Mar 15, 2018Mar 15, 2019: $26,000,000.00May 18, 2020: $27,000,000.00May 7, 2021: $500,000.00May 5, 2022: $3,050,000.00May 5, 2023: $0.00May 7, 2024: $0.00May 6, 2025: $3,000,000.00May 6, 2026: $25,711,204.00May 6, 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$55,399,100 → $25,711,204
  • Reported investors3 → 14
  • Minimum accepted$5,399,100 → $100,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 6, 2026Amendment$25,711,204-$29,687,896vs Mar 15, 201814SEC filing
May 6, 2025Amendment$3,000,000-$52,399,100vs Mar 15, 201812SEC filing
May 7, 2024Amendment$0-$55,399,100vs Mar 15, 201812SEC filing
May 5, 2023Amendment$0-$55,399,100vs Mar 15, 201812SEC filing
May 5, 2022Amendment$3,050,000-$52,349,100vs Mar 15, 201812SEC filing
May 7, 2021Amendment$500,000-$54,899,100vs Mar 15, 20188SEC filing
May 18, 2020Amendment$27,000,000-$28,399,100vs Mar 15, 20187SEC filing
Mar 15, 2019Amendment$26,000,000-$29,399,100vs Mar 15, 20187SEC filing
Mar 15, 2018Initial$55,399,100No comparison3SEC 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
021-307790

Source: Form D, filed May 6, 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

PHARO AFRICA FUND, LTD.

Investment adviser: PHARO MANAGEMENT, INC.

Gross asset value
$1.2B
Beneficial owners
19
ADV minimum commitment
$1M

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. CURACAO, Curacao Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS (CAYMAN ISLANDS) GRAND CAYMAN, Cayman Islands
Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No
Custodian CITCO BANKING CORPORATION N.V. CURACAO, Curacao Related to adviser: No
Custodian CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States Related to adviser: No
Custodian GOLDMAN SACHS INTERNATIONAL LONDON, United Kingdom Related to adviser: No
Custodian HSBC BANK PLC LONDON, United Kingdom Related to adviser: No
Custodian JP MORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No
Custodian JP MORGAN SECURITIES LLC LONDON, United Kingdom Related to adviser: No
Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian SG AMERICAS SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No
Custodian STANDARD CHARTERED BANK LONDON, United Kingdom Related to adviser: No
Custodian STANDARD CHARTERED BANK (MAURITIUS) LIMITED EBENE, Mauritius Related to adviser: No
Prime broker CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States
Prime broker HSBC BANK PLC LONDON, United Kingdom
Prime broker JP MORGAN CHASE BANK, N.A. NEW YORK, New York, United States
Prime broker JP MORGAN SECURITIES LLC NEW YORK, New York, United States
Prime broker SG AMERICAS SECURITIES, LLC NEW YORK, New York, United States
Prime broker STANDARD CHARTERED BANK LONDON, United Kingdom
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS (CAYMAN ISLANDS)
PCAOB 1266

BARCLAYS CAPITAL INC.
SEC 8-41342

SG AMERICAS SECURITIES, LLC
SEC 8-66125

STANDARD CHARTERED BANK
LEI RILFO74KP1CM8P6PCT96

CITIGROUP GLOBAL MARKETS INC.
CRD 7059 · SEC 8-8177

SG AMERICAS SECURITIES, LLC
CRD 128351 · SEC 8-66125

Filing source

Form ADV 2059804 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-4680028392

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
David Bree Director
J. Andrew Murray Director
Vijayabalan Murugesu Director
Peter Rioda Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Citco Fund Services (Cayman Islands) 89 Nexus Way, 2 Nd Floor, Camana Bay
Grand Cayman, E9, KY1-1205