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Itasca Ltd

Hedge FundFund ID 805-1419292474Bermuda
Gross assets
$1.36B
Min. investment
$1M
Beneficial owners
7
Size rank
Top 6%
Audited
Yes
Structure
Standalone

About this fund

Itasca Ltd is a hedge fund managed by Nephila Capital Ltd.. The fund reports $1.4 billion in gross assets, placing it among the top 6% of private funds by size. The stated minimum investment is $1 million. 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 ID805-1419292474
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationNo
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Ocelli Fund Ltd.Hedge$2.59B
Ananke Catastrophe Investments Designated Activity CompanyHedge$1.91B
Tyche Catastrophe Fund, Ltd.Hedge$984.1M
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Frequently asked questions

How large is Itasca Ltd?

Itasca Ltd reports $1.4 billion in gross assets, among the top 6% of private funds by size.

What is the minimum investment for Itasca Ltd?

The stated minimum investment is $1 million.

Who manages Itasca Ltd?

Itasca Ltd is managed by Nephila Capital Ltd.

Does Itasca 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
None reported
Custodian
Administrator
Auditor

Reported gross assets

$1.36B▲ 15%
Mar '25 — $1.18BApr '25 — $1.18BMay '25 — $1.18BJun '25 — $1.18BJul '25 — $1.18BAug '25 — $1.18BSep '25 — $1.18BOct '25 — $1.18BNov '25 — $1.18BDec '25 — $1.18BJan '26 — $1.18BFeb '26 — $1.18BMar '26 — $1.36BApr '26 — $1.36BMay '26 — $1.36BJun '26 — $1.36B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 6%
Larger than 94% of 67,041 private funds
Gross assets vs Hedge FundsTop 12%
Larger than 88% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.