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Hedge  · Jun 05, 2026

Honeycomb Offshore Fund Ltd.

SEC Filing Record
Offering Amount
$105.5M
Strategy
Hedge
Exemption
06b
Date Filed
Jun 05, 2026
0000902664-26-002704
View on SEC EDGAR →
37A Read

The offshore structure combined with four named GPs—three individuals (Fiszel, Marr, Ruddick) plus the management company itself—signals a typical hedge fund GP configuration where the management entity holds operational control while individuals carry portfolio or investment responsibility; this multi-GP setup often reflects either a recent partnership consolidation or a deliberate allocation of decision rights across market, risk, and ops functions.

With no prior EDGAR filings from Honeycomb Asset Management, this is a debut institutional raise, meaning the three named individuals are either launching a new platform, spinning out from an existing firm, or have previously operated below the 15-investor threshold; the 06b exemption requirement indicates they are building on pre-existing LP relationships rather than cold-market prospecting.

A mid-2026 amendment filing for a $105M offshore hedge fund target positions this manager to capture allocations in a refinancing and strategy-reset cycle after 2024–2025 rate volatility; offshore structures are frequently used by managers targeting non-US domiciled LPs or those seeking regulatory flexibility, making this timing relevant to cross-border capital rebalancing.

Verify whether key-man provisions are tied to all three individual GPs or only certain ones, and confirm whether this $105M target is a hard cap or a placeholder—amendment filings often signal either mid-raise adjustments or regulatory re-documentation, so cross-check with the manager directly on whether the target, fee structure, or strategy scope has shifted since the original filing.

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Principals
General Partners & Executives
David Fiszel Cary Marr Geoff Ruddick Honeycomb Asset Management LP
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