New Hedge Fund BBH Wealth Strategies Unit Trust - Thebes Partners Sub-Trust Takes In $11.7 Million From 14 Investors
The Cayman Islands unit trust names Brown Brothers Harriman Trust Company (Cayman) Limited as its trustee and relies on an exemption that limits it to qualified purchasers.
BBH Wealth Strategies Unit Trust - Thebes Partners Sub-Trust has sold $11.7 million of interests to 14 investors since its first sale on Nov. 2, according to a Form D filed with the US Securities and Exchange Commission.
The filing, dated Nov. 12, shows the issuer is a unit trust organized in the Cayman Islands and formed in 2026. It describes the vehicle as a pooled investment fund and lists its fund type as a hedge fund.
The Form D names Brown Brothers Harriman Trust Company (Cayman) Limited as trustee of the issuer and Brown Brothers Harriman & Co. as the trustee's parent. It also lists Amy Kirkpatrick, managing director of the parent of the issuer's trustee, as a related person.
The fund relies on Section 3(c)(7) of the Investment Company Act, which limits a fund to qualified purchasers, the filing shows.