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Hedge  · May 29, 2026

Sellaronda Offshore Fund LP

SEC Filing Record
Offering Amount
$62.5M
Strategy
Hedge
Exemption
06b
Date Filed
May 29, 2026
0000902664-26-002624
View on SEC EDGAR →
37A Read

The offshore structure combined with three named GPs—including a standalone management entity (Sellaronda Global Management LP) alongside the fund GP and a named individual—signals a tiered governance model typical of multi-jurisdictional hedge funds seeking to separate fund operations from advisory or placement functions, likely to manage regulatory exposure across domiciles or accommodate LP tax preferences.

No prior EDGAR filings from this manager indicate this is either a debut fund vehicle or a manager operating previously outside SEC filing requirements; the 06b exemption (pre-existing relationships only) confirms the raise targets a closed network rather than a broad market, suggesting either a new manager still building institutional relationships or an established operator in private circles making a first formal SEC filing.

An amendment filed in May 2026 on a $62M hedge fund target reflects post-election positioning when allocators typically re-calibrate macro hedging and relative-value allocations; the amendment status itself signals either a material change to terms, GP identity, or LP cap structure mid-raise, which warrants clarification on whether initial commitments have already been secured.

Before engagement, verify whether the named individual (Gor Ter-Grigoryan) is subject to a key-man clause and what happens to fund governance if that person departs, since the three-GP structure concentrates decision-making and the lack of manager history creates elevated key-person risk that should be explicit in the LPA.

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Principals
General Partners & Executives
Sellaronda Funds GP LLC Gor Ter-Grigoryan Sellaronda Global Management LP