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Bil, Ltd.

Hedge FundFund ID 805-7008242876Cayman Islands
Gross assets
$6.19B
Min. investment
$100K
Beneficial owners
140
Size rank
Top 1%
Audited
Yes
Structure
Master

About this fund

Bil, Ltd. is a hedge fund managed by Bracebridge Capital, LLC. The fund reports $6.2 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $100,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-7008242876
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundYes
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Ffi Fund Ltd.Hedge$71.29B
Fyi Ltd.Hedge$14.7B
Olifant Fund, Ltd.Hedge$14.35B
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Frequently asked questions

How large is Bil, Ltd.?

Bil, Ltd. reports $6.2 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for Bil, Ltd.?

The stated minimum investment is $100,000.

Who manages Bil, Ltd.?

Bil, Ltd. is managed by Bracebridge Capital, LLC.

Does Bil, Ltd. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
Custodian
Administrator
Auditor

Reported gross assets

$6.19B▼ 1%
Mar '25 — $6.24BApr '25 — $6.24BMay '25 — $6.24BJun '25 — $6.24BJul '25 — $6.24BAug '25 — $6.24BSep '25 — $6.24BOct '25 — $6.24BNov '25 — $6.24BDec '25 — $6.24BJan '26 — $6.24BFeb '26 — $6.24BMar '26 — $6.19BApr '26 — $6.19BMay '26 — $6.19BJun '26 — $6.19B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Hedge FundsTop 3%
Larger than 97% of 12,442 hedge funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum

Investor base

Adviser & related persons6%
Funds of funds12%
Non-U.S. persons6%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.