-----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,
 QVt90pUonxU4b6AiLdYOBlyVfgjMe/mLgVDSQfqZxWNIblzOCPd6JuIFh5QO7DHR
 PcF54lZujaHnklt7pBK+Dw==

<SEC-DOCUMENT>0001470173-09-000004.txt : 20090821
<SEC-HEADER>0001470173-09-000004.hdr.sgml : 20090821
<ACCEPTANCE-DATETIME>20090821114914
ACCESSION NUMBER:		0001470173-09-000004
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20090821
DATE AS OF CHANGE:		20090821
EFFECTIVENESS DATE:		20090821

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lighthouse Diversified Fund Ltd
		CENTRAL INDEX KEY:			0001470173
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-133835
		FILM NUMBER:		091028034

	BUSINESS ADDRESS:	
		STREET 1:		45 MARKET STREET, SUITE 3205, 2ND FL
		STREET 2:		GARDENIA COURT, CAMANA BAY
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9003
		BUSINESS PHONE:		3459467412

	MAIL ADDRESS:	
		STREET 1:		45 MARKET STREET, SUITE 3205, 2ND FL
		STREET 2:		GARDENIA COURT, CAMANA BAY
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9003
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001470173</cik>
        <entityName>Lighthouse Diversified Fund Ltd</entityName>
        <issuerAddress>
            <street1>45 MARKET STREET, SUITE 3205, 2ND FL</street1>
            <street2>GARDENIA COURT, CAMANA BAY</street2>
            <city>GRAND CAYMAN</city>
            <stateOrCountry>E9</stateOrCountry>
            <zipCode>KY1-9003</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>3459467412</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>CAYMAN ISLANDS</jurisdictionOfInc>
        <entityType>Other</entityType>
        <entityTypeOtherDesc>exempted company</entityTypeOtherDesc>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>(LLC)</firstName>
                <middleName></middleName>
                <lastName>Lighthouse Investment Partners LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3801 PGA Blvd.</street1>
                <street2>Suite 500</street2>
                <city>Palm Beach Gardens</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33410</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Investment Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sean</firstName>
                <middleName>G.</middleName>
                <lastName>McGould</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3801 PGA Blvd.</street1>
                <street2>Suite 500</street2>
                <city>Palm Beach Gardens</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33410</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kelly</firstName>
                <middleName>R.</middleName>
                <lastName>Perkins</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3801 PGA Blvd.</street1>
                <street2>Suite 500</street2>
                <city>Palm Beach Gardens</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33410</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>P.</middleName>
                <lastName>Swan, III</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3801 PGA Blvd.</street1>
                <street2>Suite 500</street2>
                <city>Palm Beach Gardens</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33410</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>J.</firstName>
                <middleName>Scott</middleName>
                <lastName>Perkins</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3801 PGA Blvd.</street1>
                <street2>Suite 500</street2>
                <city>Palm Beach Gardens</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33410</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <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>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2001-02-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>50000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Atlantic Trust Company</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Atlantic Trust Company</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>50 Rockefeller Plaza</street1>
                    <street2>15th Floor</street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10020</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Citigroup Global Markets Inc.</recipientName>
                <recipientCRDNumber>7059</recipientCRDNumber>
                <associatedBDName>Citigroup Global Markets Inc.</associatedBDName>
                <associatedBDCRDNumber>7059</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>388 Greenwich Street</street1>
                    <street2></street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10013</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>JP Morgan Securities, Inc.</recipientName>
                <recipientCRDNumber>79</recipientCRDNumber>
                <associatedBDName>JP Morgan Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>79</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>383 Madison Avenue</street1>
                    <street2></street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10179</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Morgan Stanley Smith Barney, LLC</recipientName>
                <recipientCRDNumber>149777</recipientCRDNumber>
                <associatedBDName>Morgan Stanley Smith Barney, LLC</associatedBDName>
                <associatedBDCRDNumber>149777</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>522 Fifth Avenue</street1>
                    <street2></street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10036</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Ounavarra Capital, LLC</recipientName>
                <recipientCRDNumber>143381</recipientCRDNumber>
                <associatedBDName>Ounavarra Capital, LLC</associatedBDName>
                <associatedBDCRDNumber>143381</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>410 Park Avenue</street1>
                    <street2>Suite 510</street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10022</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Suntrust Banks, Inc.</recipientName>
                <recipientCRDNumber>17499</recipientCRDNumber>
                <associatedBDName>Suntrust Banks, Inc.</associatedBDName>
                <associatedBDCRDNumber>17499</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>777 Brickell Avenue</street1>
                    <street2></street2>
                    <city>Miami</city>
                    <stateOrCountry>FL</stateOrCountry>
                    <zipCode>33131</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Thomas Weisel Partners, LLC</recipientName>
                <recipientCRDNumber>46237</recipientCRDNumber>
                <associatedBDName>Thomas Weisel Partners, LLC</associatedBDName>
                <associatedBDCRDNumber>46237</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>390 Park Avenue</street1>
                    <street2>2nd Floor</street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10022</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>Unable to determine without unreasonable time and effort, based on amount of redemptions, reinvestments and period of fund's existence.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>147</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </findersFees>
            <clarificationOfResponse>Placement agents may receive up front commissions of up to 3% of amount invested in fund from their clients. In addition, the fund's investment manager may pay a portion of it's management fees to certain finders.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>For its services to the fund the investment manager is entitled to a monthly management fee, paid in arrears that may range up to 1.7% in some cases.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Lighthouse Diversified Fund Ltd</issuerName>
                <signatureName>J. Scott Perkins</signatureName>
                <nameOfSigner>J. Scott Perkins</nameOfSigner>
                <signatureTitle>VP, Lighthouse Investment Partners, LLC, Investment Manager</signatureTitle>
                <signatureDate>2009-08-20</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----