AQR Capital's New AQR Flex 1 Series LLC - Series K23 Takes In $52.2 Million From Three Investors
The filing names AQR Capital Management, LLC as the fund's investment manager and AQR Capital Management II, LLC as its manager.
AQR Flex 1 Series LLC - Series K23 has sold $52.2 million of interests to three investors since its first sale on Sept. 30, according to a Form D filed with the US Securities and Exchange Commission.
The Form D, filed Oct. 15, reports $52,172,626 in total sales. The fund, a Delaware limited liability company formed in 2026, is listed in the filing as a hedge fund. The filing names AQR Capital Management, LLC as the issuer's investment manager and AQR Capital Management II, LLC as the issuer's manager. Sales compensation is listed for AQR Investments, LLC.
The fund relies on Section 3(c)(7) of the Investment Company Act, which limits a fund to qualified purchasers. The filing says the investment manager or an affiliate is entitled to an annual management fee equal to a specified percentage of the fund's assets.
AQR Capital Management, LLC, one of the firm's SEC-registered advisers, reported $311.7 billion in regulatory assets under management and 304 private funds in the SEC's adviser data for September 2026.