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BBH Wealth Strategies hedge fund series sells $104.9 million

A Nov. 12 Form D lists a $100,000 minimum and a Nov. 2 first sale.

$104.9MAmount sold by Thebes Partners Series

At a glance

  1. BBH Wealth Management is named as manager or sponsor on the filing.
  2. The fund's strategy, fees and liquidity terms were not disclosed.
  3. The $100,000 minimum is well below the seven-figure commitments typical of institutional hedge fund vehicles, putting the series within reach of smaller family offices and high-net-worth clients.

Thebes Partners Series, a hedge fund series of BBH Wealth Strategies LLC, reported $104.9 million sold in a Form D filed with the SEC on Nov. 12. BBH Wealth Management is named as manager or sponsor on the filing.

The Form D lists a $100,000 minimum investment and an indefinite total offering amount, with a first sale on Nov. 2, ten days before the filing. The fund's strategy, fees and liquidity terms were not disclosed.

The $100,000 minimum is well below the seven-figure commitments typical of institutional hedge fund vehicles, putting the series within reach of smaller family offices and high-net-worth clients.

Reported by the Hedge Funds & Liquid Alts desk from SEC EDGAR. Published . Corrections

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BBH Wealth Strategies hedge fund series sells $104.9 million