PPrivate Fund Data
CompaniesFundsPeopleRankingsScreener

Select Top Layer Fund Ltd.

Other Private FundFund ID 805-9227086188Bermuda
Gross assets
$499.7M
Min. investment
$5M
Beneficial owners
13
Size rank
Top 15%
Audited
Yes
Structure
Standalone

About this fund

Select Top Layer Fund Ltd. is a other private fund managed by Tangency Capital Investment Advisory Ltd.. The fund reports $499.7 million in gross assets, placing it among the top 15% of private funds by size. The stated minimum investment is $5 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 ID805-9227086188
Fund typeOther Private Fund — INSURANCE LINKED SECURITIES FUND
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
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
Select Market Access Fund LtdOther Private$1.75B
Bear Island Qs Fund LtdOther Private$370.1M
Select Market Opportunities Fund LtdOther Private$114M

Frequently asked questions

How large is Select Top Layer Fund Ltd.?

Select Top Layer Fund Ltd. reports $499.7 million in gross assets, among the top 15% of private funds by size.

What is the minimum investment for Select Top Layer Fund Ltd.?

The stated minimum investment is $5 million.

Who manages Select Top Layer Fund Ltd.?

Select Top Layer Fund Ltd. is managed by Tangency Capital Investment Advisory Ltd.

Does Select Top Layer Fund Ltd. disclose returns?

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

Service providers

Prime broker
None reported
Custodian
Administrator

Reported gross assets

$499.7M▲ 34%
Mar '25 — $372.1MApr '25 — $372.1MMay '25 — $372.1MJun '25 — $372.1MJul '25 — $372.1MAug '25 — $372.1MSep '25 — $372.1MOct '25 — $372.1MNov '25 — $372.1MDec '25 — $372.1MJan '26 — $372.1MFeb '26 — $372.1MMar '26 — $499.7MApr '26 — $499.7MMay '26 — $499.7MJun '26 — $499.7M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 15%
Larger than 85% of 67,041 private funds
Gross assets vs Other Private FundsTop 12%
Larger than 88% of 8,892 other private funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons1%
Funds of funds%
Non-U.S. persons98%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.