Form D · Hedge Fund

Total Return Fund (Quarterly) Ltd.

Grand Cayman, E9 · CIK 0001536210

Offering snapshot reported Jan 12, 2026 · SEC filing

Reported sold
$455M
Indefinite offering
Investors reported
39
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Jun 1, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$231M$461MDec 5, 2011: $100,000.00Dec 5, 2011Dec 5, 2012: $72,199,443.00Dec 5, 2013: $136,709,443.00Dec 5, 2014: $150,709,443.00Dec 7, 2015: $442,080,668.00Dec 7, 2016: $442,080,668.00Dec 5, 2017: $442,080,668.00Dec 4, 2018: $461,161,219.00Dec 4, 2019: $461,161,219.00Mar 10, 2020: $404,990,023.00Dec 7, 2020: $410,132,052.00Dec 14, 2021: $445,278,060.00Dec 21, 2022: $446,678,175.00Dec 21, 2023: $454,092,186.00Jan 21, 2025: $455,149,988.00Jan 12, 2026: $455,151,286.00Jan 12, 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$455,149,988 → $455,151,286

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 12, 2026Amendment$455,151,286$1,298vs Jan 21, 202539SEC filing
Jan 21, 2025Amendment$455,149,988$1,057,802vs Dec 21, 202339SEC filing
Dec 21, 2023Amendment$454,092,186$7,414,011vs Dec 21, 202237SEC filing
Dec 21, 2022Amendment$446,678,175$1,400,115vs Dec 14, 202135SEC filing
Dec 14, 2021Amendment$445,278,060$35,146,008vs Dec 7, 202035SEC filing
Dec 7, 2020Amendment$410,132,052$5,142,029vs Mar 10, 202032SEC filing
Mar 10, 2020Amendment$404,990,023-$56,171,196vs Dec 4, 201932SEC filing
Dec 4, 2019Amendment$461,161,219$0vs Dec 4, 201821SEC filing
Dec 4, 2018Amendment$461,161,219$19,080,551vs Dec 5, 201721SEC filing
Dec 5, 2017Amendment$442,080,668$0vs Dec 7, 201619SEC filing
Dec 7, 2016Amendment$442,080,668$0vs Dec 7, 201519SEC filing
Dec 7, 2015Amendment$442,080,668$291,371,225vs Dec 5, 201419SEC filing
Dec 5, 2014Amendment$150,709,443$14,000,000vs Dec 5, 201312SEC filing
Dec 5, 2013Amendment$136,709,443$64,510,000vs Dec 5, 201210SEC filing
Dec 5, 2012Amendment$72,199,443$72,099,443vs Dec 5, 20118SEC filing
Dec 5, 2011Initial$100,000No comparison1SEC 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
021-169585

Source: Form D, filed Jan 12, 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

TOTAL RETURN FUND (QUARTERLY) LTD.

Investment adviser: RUSSELL INVESTMENTS CAPITAL, LLC

Gross asset value
$115M
Beneficial owners
12
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 INTERNATIONAL FUND SERVICES (NA), LLC PRINCETON, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP GEORGETOWN, Cayman Islands
Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 1266

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

Filing source

Form ADV 2072368 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-6923759258

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
Allen Bernardo Director
James Beveridge Director
James Firn Director
Victor Leverett Director
H. Victor Leverett Director
Paul Mc Naughton Director
Thomas Murray Director
Aaron Ostrovsky Director
William Roberts Director
N/A Russell Capital Inc. Promoter
N/A Russell Investments Capital, Llc. Promoter
Timothy Ryan Director
David Shubotham Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Ugland House, Po Box 309
Grand Cayman, E9, KY1-1104