-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001371263-10-000002.txt : 20100204
<SEC-HEADER>0001371263-10-000002.hdr.sgml : 20100204
<ACCEPTANCE-DATETIME>20100204142930
ACCESSION NUMBER:		0001371263-10-000002
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20100204
DATE AS OF CHANGE:		20100204
EFFECTIVENESS DATE:		20100204

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Rembrandt Partners ERISA Fund Ltd
		CENTRAL INDEX KEY:			0001371263
		IRS NUMBER:				980443242
		STATE OF INCORPORATION:			D8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-93247
		FILM NUMBER:		10573689

	BUSINESS ADDRESS:	
		STREET 1:		C/O BISON FINANCIAL SERVICES LIMITED
		STREET 2:		P.O. BOX 3460, BISON COURT
		CITY:			ROAD TOWN, TORTOLA
		STATE:			D8
		ZIP:			0000
		BUSINESS PHONE:		(800) 392-2498

	MAIL ADDRESS:	
		STREET 1:		ONE PALMER SQUARE
		STREET 2:		SUITE 530
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08542
</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>0001371263</cik>
        <entityName>Rembrandt Partners ERISA Fund Ltd</entityName>
        <issuerAddress>
            <street1>C/O BISON FIN. SERVICES Ltd PO Box 3460</street1>
            <street2>Road Town</street2>
            <city>TORTOLA</city>
            <stateOrCountry>D8</stateOrCountry>
            <zipCode>0000</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(800) 392-2498</issuerPhoneNumber>
        <jurisdictionOfInc>VIRGIN ISLANDS, BRITISH</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2005</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>W.</middleName>
                <lastName>McDonnell</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Palmer Square</street1>
                <street2>Suite 530</street2>
                <city>Princeton</city>
                <stateOrCountry>NJ</stateOrCountry>
                <zipCode>08542</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>T.</middleName>
                <lastName>Keck</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Palmer Square</street1>
                <street2>Suite 530</street2>
                <city>Princeton</city>
                <stateOrCountry>NJ</stateOrCountry>
                <zipCode>08542</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Laura</firstName>
                <lastName>Latella</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Palmer Square</street1>
                <street2>Suite 530</street2>
                <city>Princeton</city>
                <stateOrCountry>NJ</stateOrCountry>
                <zipCode>08542</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>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-09-003786</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2005-12-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>1000000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Compass Securities Corporation</recipientName>
                <recipientCRDNumber>16168</recipientCRDNumber>
                <associatedBDName>Compass Securities Corporation</associatedBDName>
                <associatedBDCRDNumber>16168</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>50 Braintree Hill Park</street1>
                    <street2>Suite 105</street2>
                    <city>Braintree</city>
                    <stateOrCountry>MA</stateOrCountry>
                    <zipCode>02184</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AL</state>
                    <state>AK</state>
                    <state>AR</state>
                    <state>CA</state>
                    <state>CO</state>
                    <state>CT</state>
                    <state>DE</state>
                    <state>DC</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>ID</state>
                    <state>IL</state>
                    <state>IN</state>
                    <state>KS</state>
                    <state>KY</state>
                    <state>MD</state>
                    <state>MA</state>
                    <state>MI</state>
                    <state>MN</state>
                    <state>MS</state>
                    <state>MO</state>
                    <state>NE</state>
                    <state>NH</state>
                    <state>NJ</state>
                    <state>NM</state>
                    <state>NY</state>
                    <state>NC</state>
                    <state>OH</state>
                    <state>OR</state>
                    <state>PA</state>
                    <state>RI</state>
                    <state>SD</state>
                    <state>TX</state>
                    <state>UT</state>
                    <state>VT</state>
                    <state>VA</state>
                    <state>WA</state>
                    <state>WI</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>JWM Securities LLC</recipientName>
                <recipientCRDNumber>137229</recipientCRDNumber>
                <associatedBDName>JWM Securities LLC</associatedBDName>
                <associatedBDCRDNumber>137229</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>4150 Grand Avenue</street1>
                    <city>Western Springs</city>
                    <stateOrCountry>IL</stateOrCountry>
                    <zipCode>60558</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                    <state>CT</state>
                    <state>IL</state>
                    <state>KS</state>
                    <state>MA</state>
                    <state>MS</state>
                    <state>NJ</state>
                    <state>NY</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Capital Management Partners, Inc</recipientName>
                <recipientCRDNumber>21973</recipientCRDNumber>
                <associatedBDName>Capital Management Partners, Inc</associatedBDName>
                <associatedBDCRDNumber>21973</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1100 North Fourth Street</street1>
                    <street2>Suite 141</street2>
                    <city>Fairfield</city>
                    <stateOrCountry>IA</stateOrCountry>
                    <zipCode>52556</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AL</state>
                    <state>AZ</state>
                    <state>CA</state>
                    <state>CT</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>IL</state>
                    <state>IA</state>
                    <state>KS</state>
                    <state>MA</state>
                    <state>MI</state>
                    <state>MN</state>
                    <state>MO</state>
                    <state>NH</state>
                    <state>NY</state>
                    <state>NC</state>
                    <state>OH</state>
                    <state>OR</state>
                    <state>TX</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Summit Equities, Inc.</recipientName>
                <recipientCRDNumber>11039</recipientCRDNumber>
                <associatedBDName>Summit Equities, Inc.</associatedBDName>
                <associatedBDCRDNumber>11039</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>4 Campus Drive</street1>
                    <city>Parsippany</city>
                    <stateOrCountry>NJ</stateOrCountry>
                    <zipCode>07054</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AL</state>
                    <state>AK</state>
                    <state>AZ</state>
                    <state>CA</state>
                    <state>CO</state>
                    <state>CT</state>
                    <state>DE</state>
                    <state>DC</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>HI</state>
                    <state>IL</state>
                    <state>IN</state>
                    <state>KS</state>
                    <state>KY</state>
                    <state>LA</state>
                    <state>ME</state>
                    <state>MD</state>
                    <state>MA</state>
                    <state>MI</state>
                    <state>MN</state>
                    <state>MO</state>
                    <state>MT</state>
                    <state>NV</state>
                    <state>NH</state>
                    <state>NJ</state>
                    <state>NM</state>
                    <state>NY</state>
                    <state>NC</state>
                    <state>OH</state>
                    <state>OK</state>
                    <state>OR</state>
                    <state>PA</state>
                    <state>RI</state>
                    <state>SC</state>
                    <state>SD</state>
                    <state>TN</state>
                    <state>TX</state>
                    <state>UT</state>
                    <state>VT</state>
                    <state>VA</state>
                    <state>WA</state>
                    <state>WI</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>6856692</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>10</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>194008</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>The sales commissions reported are those commissions paid during the time period of 2006 through 2009 for both the Issuer as well as Rembrandt Partners LP.  The assets of both the Issuer and Rembrandt Partners LP are fed into a Master Fund.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Rembrandt Partners ERISA Fund Ltd</issuerName>
                <signatureName>Robert T. Keck</signatureName>
                <nameOfSigner>Robert T. Keck</nameOfSigner>
                <signatureTitle>President of Co-Managing Member of Issuer's General Partner</signatureTitle>
                <signatureDate>2010-02-04</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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