-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WwsLoRVxrNzr0EdIVHtGciImLRXRbWeR4JEtpKKG2Re8Yko/qklQcocxK75lItXK
 +DiDitGhyNQ1PAdXih3+lQ==

<SEC-DOCUMENT>0001292004-10-000002.txt : 20100216
<SEC-HEADER>0001292004-10-000002.hdr.sgml : 20100215
<ACCEPTANCE-DATETIME>20100216143305
ACCESSION NUMBER:		0001292004-10-000002
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100216
DATE AS OF CHANGE:		20100216
EFFECTIVENESS DATE:		20100216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACL ALTERNATIVE FUND SAC Ltd
		CENTRAL INDEX KEY:			0001292004
		IRS NUMBER:				800066581
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-65876
		FILM NUMBER:		10606476

	BUSINESS ADDRESS:	
		STREET 1:		C/O MQ SERVICES VICTORIA PLACE
		STREET 2:		31 VICTORIA STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 10
		BUSINESS PHONE:		00-1-441-295-9294

	MAIL ADDRESS:	
		STREET 1:		C/O MQ SERVICES VICTORIA PLACE
		STREET 2:		31 VICTORIA STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 10

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ACL ALTERNATIVE FUND LTD
		DATE OF NAME CHANGE:	20040527
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001292004</cik>
        <entityName>ACL ALTERNATIVE FUND SAC Ltd</entityName>
        <issuerAddress>
            <street1>C/O MQ SERVICES VICTORIA PLACE</street1>
            <street2>31 VICTORIA STREET</street2>
            <city>HAMILTON</city>
            <stateOrCountry>D0</stateOrCountry>
            <zipCode>HM 10</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>00-1-441-295-9294</issuerPhoneNumber>
        <jurisdictionOfInc>BERMUDA</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>ACL ALTERNATIVE FUND LTD</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anthony</firstName>
                <lastName>Gannon</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1-2 Cavendish Row</street1>
                <street2>Upper O'Connell Street</street2>
                <city>Dublin</city>
                <stateOrCountry>L2</stateOrCountry>
                <zipCode>1</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <lastName>Thonson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o MQ Services, Victoria Place</street1>
                <street2>31 Victoria Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <zipCode>HM 10</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Nicholas</firstName>
                <lastName>Hoskins</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o MQ Services, Victoria Place</street1>
                <street2>31 Victoria Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <zipCode>HM 10</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-04-023939</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2002-01-31</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>82226190</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>119</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>ACL ALTERNATIVE FUND SAC Ltd</issuerName>
                <signatureName>Anthony Gannon</signatureName>
                <nameOfSigner>Anthony Gannon</nameOfSigner>
                <signatureTitle>Director</signatureTitle>
                <signatureDate>2010-02-16</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----