Shearwater Fund, LP
Hedge FundFund ID 805-7803044386Delaware, United States
Gross assets
$130.3M
Min. investment
$250K
Beneficial owners
49
Size rank
Top 39%
Audited
Yes
Structure
Standalone
About this fund
Shearwater Fund, LP is a hedge fund managed by Sachem Hill LLC. The fund reports $130.3 million in gross assets, placing it among the top 39% of private funds by size. The stated minimum investment is $250,000. 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 ID | 805-7803044386 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Peregrine Private Equity Fund I LP | Private Equity | $33.1M |
| Peregrine Private Equity Fund II LP | Private Equity | $26.1M |
| Peregrine Private Equity Fund III LP | Private Equity | $20.3M |
See all 4 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Shearwater Fund, LP?
Shearwater Fund, LP reports $130.3 million in gross assets, among the top 39% of private funds by size.
What is the minimum investment for Shearwater Fund, LP?
The stated minimum investment is $250,000.
Who manages Shearwater Fund, LP?
Shearwater Fund, LP is managed by Sachem Hill LLC.
Does Shearwater Fund, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
S
Denver, CO
Service providers
Reported gross assets
$130.3M▲ 40%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 39%
Larger than 61% of 67,041 private funds
Gross assets vs Hedge FundsTop 52%
Larger than 48% of 12,442 hedge funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.