Form D · Hedge Fund

Pharo Trading Fund, Ltd.

Grand Cayman, E9 · CIK 0001486435

Offering snapshot reported May 6, 2026 · SEC filing

Reported sold: $0
Investors reported: 13
Minimum accepted: $50K
First sale: Aug 1, 2009

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$12,000,000 → $0
Reported investors4 → 13
Minimum accepted$500,000 → $50,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
May 6, 2026	Amendment	$0	-$12,000,000vs Mar 19, 2015	13	SEC filing
May 6, 2025	Amendment	$225,000	-$11,775,000vs Mar 19, 2015	13	SEC filing
May 7, 2024	Amendment	$0	-$12,000,000vs Mar 19, 2015	12	SEC filing
May 5, 2023	Amendment	$0	-$12,000,000vs Mar 19, 2015	12	SEC filing
May 7, 2021	Amendment	$20,425,000	No comparison	Not reported	SEC filing
May 18, 2020	Amendment	$9,050,000	-$2,950,000vs Mar 19, 2015	10	SEC filing
Mar 15, 2019	Amendment	$75,000,000	$63,000,000vs Mar 19, 2015	8	SEC filing
Mar 15, 2018	Amendment	$20,050,000	$8,050,000vs Mar 19, 2015	6	SEC filing
Mar 17, 2017	Amendment	$0	-$12,000,000vs Mar 19, 2015	4	SEC filing
Mar 18, 2016	Amendment	$0	-$12,000,000vs Mar 19, 2015	4	SEC filing
Mar 19, 2015	Amendment	$12,000,000	$1,500,000vs Mar 12, 2013	4	SEC filing
Feb 24, 2014	Amendment	$10,500,000	$0vs Mar 12, 2013	3	SEC filing
Mar 12, 2013	Amendment	$10,500,000	$500,000vs Mar 8, 2011	3	SEC filing
Mar 14, 2012	Amendment	$10,500,000	$500,000vs Mar 8, 2011	3	SEC filing
Mar 8, 2011	Amendment	$10,000,000	$3,000,000vs Mar 12, 2010	2	SEC filing
Mar 12, 2010	Initial	$7,000,000	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: 021-139536

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 TRADING FUND, LTD.

Investment adviser: PHARO MANAGEMENT, INC.

Gross asset value: $599M
Beneficial owners: 19
ADV minimum commitment: $5M

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 BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

Custodian BNP PARIBAS (CHINA) LTD. SHANGHAI, China 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 DEUTSCHE BANK-AG LONDON, United Kingdom 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 NEW YORK, New York, United States Related to adviser: No

Custodian JP MORGAN SECURITIES LTD. 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

Custodian THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED HONG KONG, Hong Kong Related to adviser: No

Custodian UBS SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: No

Prime broker CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States

Prime broker DEUTSCHE BANK- AG LONDON, United Kingdom

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

BNP PARIBAS (CHINA) LTD.
LEI 5493006KYUOVX4EBIP66

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

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 805-5067288371

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
David Bree	Director
Aldo Ghisletta	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