SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C.  20549

                              FORM 10-Q
        Quarterly report pursuant to Section 12(b) or (g) of the
                   Securities Exchange Act of 1934

              For the quarterly period ended March 31, 2009

                    Commission File Number 0-17555
                        THE EVEREST FUND, L.P.
          (Exact name of registrant as specified in its charter)
        Iowa                                                 42-1318186
        State or other jurisdiction of               (I.R.S. Employer
        incorporation or organization)              Identification No.)

        1100 North 4th Street, Suite 143, Fairfield, Iowa   52556
        (Address of principal executive offices)          (Zip Code)

Registrant's telephone number, including area code:  (641) 472-5500

                            Not Applicable
         (Former name, former address and former fiscal year, if changed
since last report.)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
                             Yes     X        No
Indicate by check mark whether the registrant is a large accelerated filer,
an accelerated filer, or a non-accelerated filer. See definition of
accelerated filer and large accelerated filer  in Rule 12b-2 of the Exchange
Act. (Check one): Large accelerated filer		Accelerated filer
Non-accelerated filer  X

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Act). Yes No  X



Table of Contents
Part I:	Financial Information

Item 1.	Financial Statements                                  	4

Statements of Financial Condition                               4
March 31, 2009 (Unaudited) and December 31, 2008 (Audited)

Condensed Schedule of Investments                               5
March 31, 2009 (Unaudited)

Condensed Schedule of Investments                               6
December 31, 2008 (Audited)

Statements of Operations                                       7-8
For the Three Months Ended March 31, 2009 and 2008 (Unaudited)

Statements of Changes in Partners' Capital (Net Asset Value)   9-10
For the Three Months Ended March 31, 2009 and 2008 (Unaudited)

Statements of Cash Flows
For the Three Months Ended March 31, 2009 and 2008 (Unaudited) 11-12

Notes to Financial Statements for the Three Months Ended        13
                     March 31, 2009 and 2008 (Unaudited)

Item 2.    Management's Discussion and Analysis of Financial    27
                         Condition and Results of Operations

Item 3.    Quantitative and Qualitative Disclosures about       31
                                              Market Risk

Item 4.    Controls and Procedures	                        31


Part II:	Other Information                               31

Item 1.	   Legal Proceedings                                    31

Item 1A.	Risk Factors	                                31

Item 2.      Unregistered Sales of Equity Securities and Use    32
                                                 of Proceeds

Item 3. Defaults upon Senior Securities	                        32

Item 4. Submission of Matters to a Vote of Security Holders	32

Item 5. 	Other Information	                        33

Item 6. 	Exhibits	                              33-39




























<PAGE> 2
PART I.  FINANCIAL INFORMATION

Item 1 Financial Statements

Following are financial Statements for the fiscal quarter ending March 31, 2009

see accompanying notes to financial statements

                               EVEREST FUND, L.P.
                          (An Iowa Limited Partnership)

                        STATEMENTS OF FINANCIAL CONDITION
			MARCH 31, 2009 (UNAUDITED) AND DECEMBER 31, 2009 (AUDITED)

<TABLE>
<CAPTION>
                                                                  UNAUDITED             AUDITED
                                                                 MARCH 31, 2009	     DECEMBER 31, 2008
                                                                 -----------------   -----------------
<S>                                                              <C>                 <C>
                            ASSETS
Cash and cash equivalents                                               $16,751             $42,444
Equity in broker trading accounts:
   Cash and cash equivalents                                         17,461,209          19,223,344
   Net unrealized trading gains(losses) on open contracts               (87,535)            659,646
Interest receivable                                                      30,070              19,985
                                                                    -----------         -----------
      TOTAL ASSETS                                                  $17,420,495         $19,945,419
                                                                    ===========         ===========
               LIABILITIES AND PARTNERS' CAPITAL
LIABILITIES:
   Redemptions payable                                              $    72,409         $   132,882
   General partner management fee payable                                87,036              87,955
   Advisor's management fee payable                                      22,053              26,278
   Advisor's incentive fee payable					      0             885,100
   Accrued expenses                                                     120,504              99,809
                                                                    -----------         -----------
      TOTAL LIABILITIES                                                 302,002           1,232,024
                                                                    -----------         -----------

PARTNERS' CAPITAL

   Limited partners, A Shares (4,860.38 and 4,940.65 units
      outstanding)                                                   17,118,493          18,713,395

                                                                    -----------         -----------
      TOTAL PARTNERS' CAPITAL                                        17,118,493          18,713,395
                                                                    -----------         -----------
      TOTAL LIABILITIES AND PARTNERS'
         CAPITAL                                                    $17,420,495         $19,945,419
                                                                    ===========         ===========
</TABLE>

The accompanying notes are an integral part of this statement.


                                                                               3
<PAGE>

                               EVEREST FUND, L.P.
                          (AN IOWA LIMITED PARTNERSHIP)

                        CONDENSED SCHEDULE OF INVESTMENTS
                                 MARCH 31, 2009
				   UNAUDITED
<TABLE>
<CAPTION>
                                                             NUMBER OF   MARKET VALUE   % OF PARTNERS'
                                          EXPIRATION DATES   CONTRACTS       (OTE)          CAPITAL
                                          ----------------   ---------   ------------   --------------
<S>                                        <C>                <C>         <C>            <C>
LONG POSITIONS:
FUTURES POSITIONS
Interest rates                             Jun 09 - Dec 09      130      $    (1,188)        -0.01%
Metals                                     May 09 - Jun 09       16          (29,545)        -0.17%
Energy                                     Jul 09                 2           (6,550)        -0.04%
Agriculture                                May 09                21           (7,704)        -0.05%
Currencies                                 Jun 09 - Mar 10       57          (48,938)        -0.29%
Indices                                    Jun 09                 2           (7,669)        -0.04%
                                                                           -----------        -----
Total long positions                                                        (101,594)        -0.60%

SHORT POSITIONS:
FUTURES POSITIONS
Interest rates                             Jun 09                 5           (2,677)       -0.02%
Energy					   Jun 09 - Jul 09       14           16,220         0.09%
Agriculture                                May 09                35          (14,347)       -0.08%
Currencies                                 Jun 09                25           14,863         0.09%
                                                                           -----------        -----
   Total short positions                                                      14,059         0.08%
                                                                           -----------        -----
TOTAL OPEN CONTRACTS                                                         (87,535)       -0.52%
                                                                          =============    =========

</TABLE>

The accompanying notes are an integral part of this statement.



                     THE EVEREST FUND, L.P.
                  (an Iowa Limited Partnership)

                CONDENSED SCHEDULE OF INVESTMENTS
                      December 31, 2008
                  _____________________________

                                                                  Unrealized
                                                    Percent of    Gain (Loss)
                         Expiration  Number         Partners'     On Open
                         Date        of Contracts   Capital       Contracts
                        ___________  ____________  ____________   __________
Long U.S. Futures Contracts
  Interest rates            Mar09 - Sept09    135      2.73 %        $513,553
  Metals                       Feb 09         6        0.13            23,440
  Agriculture                  Mar 09         6        0.00 %           (475)
  Currencies                Mar 09 - Dec 09   79       0.20 %          36,638
                                                      ----------   ----------
    Total Long Futures Contracts                       3.06 %         573,156
                                                      ----------   ----------


Short U.S. Futures Contracts
   Interest rates              Mar 09         4         (0.01)%       (1,563)
   Energy                   Mar09 - April09   48         0.26          48,923
   Agriculture                 Mar 09         56         0.15 %        28,206
   Currencies                  Mar 09         16         0.06 %        10,800
   Indices                     Mar 09         1          0.00 %           124
                                                       ---------   -----------
     Total Short Futures Contracts                       0.46 %        86,490
                                                       ---------   -----------


Total Futures Contracts                                  3.52 %       $659,646
                                                       ==========  ============



The accompanying notes are an integral part of these financial statements.




<PAGE>                                                             5

                               EVEREST FUND, L.P.
                          (AN IOWA LIMITED PARTNERSHIP)

                            STATEMENTS OF OPERATIONS
                FOR THE THREE MONTHS ENDED MARCH 31, 2009 AND 2008
				   UNAUDITED

<TABLE>
<CAPTION>
                                                 THREE MONTHS ENDED  THREE MONTHS ENDED
						     MARCH 31, 2009     MARCH 31, 2008
                                                     ----------------   ---------------
<S>                                                  <C>           	<C>
TRADING INCOME (LOSS)
Net realized trading gain(loss)
   on closed contracts                               $  (212,700)     $ 2,974,730
Change in net unrealized trading gain
  (loss) on open contracts                              (747,272) 	  (37,773)
Net foreign currency translation loss             	  (3,901)  	     (345)
Brokerage Commissions                                     (8,780)  	  (11,025)
                                                     -----------      ------------
   NET TRADING INCOME (LOSS)                            (972,653)        2,925,588

Interest income, net of cash management fees              42,973    	  116,714
                                                     -----------      ------------
   TOTAL INCOME (LOSS)                                  (929,680)        3,042,302
                                                     -----------      ------------

EXPENSES:
   General partner management fees                       266,212    	  179,303
   Advisor Management fees                                69,708      	   49,173
   Incentive fees					       0          449,944
   Administrative expenses                                35,769       	   20,060
                                                     -----------        ----------
   TOTAL EXPENSES                                        371,689    	  698,480
                                                     -----------        ----------
NET INCOME (LOSS)                                    $(1,301,369)     $  2,343,822
                                                     ===========       ===========

NET INCOME (LOSS) PER UNIT OF PARTNERSHIP INTEREST
   A SHARES, OUTSTANDING ENTIRE PERIOD               $   (265.59)      $   490.57
                                                     ===========        ==========

</TABLE>

The accompanying notes are an integral part of these statements.




<PAGE>                                                        6

                               EVEREST FUND, L.P.
                          (An Iowa Limited Partnership)

                    STATEMENT OF CHANGES IN PARTNERS' CAPITAL
                     FOR THE THREE MONTHS ENDED MARCH 31, 2009
				  UNAUDITED

<TABLE>
<CAPTION>

                                   UNITS     LIMITED PTRS
                                 A SHARES      A SHARES         TOTAL
                                ----------   ------------       ------------
<S>                                <C>          <C>                 <C>
BALANCES, January 1, 2009         4,940.65     18,713,395        18,713,395
Additional Units Sold                13.34         50,000            50,000
Redemptions                         (93.61)      (343,038)         (343,038)
Less Offering Costs                     --           (495)             (495)
Net Loss                                --     (1,301,369)       (1,301,369)
                                ----------   ------------      ------------
BALANCES, March 31, 2009          4,860.38   $ 17,118,493      $ 17,118,493
                                ==========   ============      ============

Net asset value per unit,
   January 1, 2009		              $3,787.64
Net profit (loss) per unit                      (265.59)
                                             ------------
Net asset value per unit
   March 31, 2009                             $3,522.05
                                             ============


</TABLE>

The accompanying notes are an integral part of these statements.



               EVEREST FUND, L.P.
                          (An Iowa Limited Partnership)

                    STATEMENT OF CHANGES IN PARTNERS' CAPITAL
                  FOR THE THREE MONTHS ENDED MARCH 31, 2008
				  UNAUDITED

<TABLE>
<CAPTION>

                                   UNITS     LIMITED PTRS
                                 A SHARES      A SHARES         TOTAL
                                ----------   ------------       ------------
<S>                             <C>          <C>                 <C>
BALANCES, January 1, 2008         4,793.61     11,693,007        11,693,007
Additional Units Sold                    0              0                 0
Redemptions                        (256.85)     (744,758)          (744,758)
Less Offering Costs                     --            --             --
Net Loss                                --      2,343,822         2,343,822
                                ----------   ------------      ------------
BALANCES, March 31, 2008          4,536.77   $ 13,292,071      $ 13,292,071
                                ==========   ============      ============

Net asset value per unit,
   January 1, 2008		              $2,439.29
Net profit (loss) per unit                       490.57
                                             ------------
Net asset value per unit
   March 31, 2008                             $2,929.86
                                             ============


</TABLE>

The accompanying notes are an integral part of these statements.



<PAGE>                                                 7

                               EVEREST FUND, L.P.
                          (An Iowa Limited Partnership)

                            STATEMENTS OF CASH FLOWS
                    FOR THE THREE MONTHS ENDED MARCH 31, 2009 AND 2008
				  UNAUDITED

<TABLE>
<CAPTION>
                                                           THREE MONTHS ENDED  THREE MONTHS ENDED

                                                             MARCH 31, 2009      MARCH 31, 2008
                                                              -----------------   -----------------
<S>                                                                     <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net income(loss)                                               $ (1,301,369)       $  2,343,822
   Adjustments to reconcile net income(loss) to net cash
    used in operating activities:

         Unrealized gain or loss on open commodity futures contracts     747,272              37,773
      Decrease (increase) in interest receivable                         (10,087)                493
      (Decrease) increase in incentive fees payable                     (885,100)            449,944
      (Decrease) increase in management fees payable                      (4,224)              3,259
      (Decrease)increase in General Partner management fees payable         (918)	        14,765
     (Decrease) increase in other accrued expenses                        20,604              (8,370)
                                                                      ------------        ------------
         NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES           (1,433,822)         2,841,686
                                                                      ------------        ------------
CASH FLOWS FROM FINANCING ACTIVITIES:
   Redemption of partnership units                                       (403,511)          (372,985)
   Partner addition of units,net of offering costs                         49,505                 --
                                                                      ------------        ------------
         NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES             (354,006)          (372,985)
                                                                      ------------        ------------
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                   (1,787,828)         2,468,701

CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD                      19,265,788          11,648,263
                                                                      ------------        ------------
CASH AND CASH EQUIVALENTS, AT END OF PERIOD                          $ 17,477,960        $ 14,116,964
                                                                      ============        ============
END OF THE YEAR CASH AND CASH EQUIVALENTS CONSIST OF:
     Cash in broker  trading accounts                                $ 17,461,209        $ 12,574,204
     Cash and cash equivalents                                             16,751           1,542,760
                                                                      ------------        ------------
TOTAL END OF THE YEAR CASH AND CASH EQUIVALENTS                      $ 17,477,960        $ 14,116,964
                                                                      ============        ============
</TABLE>

The accompanying notes are an integral part of these statements






EVEREST FUND, L.P.

                     	NOTES TO FINANCIAL STATEMENTS
                             	March 31, 2009


(1)  GENERAL INFORMATION AND SUMMARY

The Everest Fund, L.P., formerly Everest Futures Fund, L.P. (an Iowa
Limited Partnership), (the "Partnership'') is a limited partnership
organized in June 1988, under the Iowa Uniform Limited Partnership Act
(the "Act'') for the purpose of engaging in the speculative trading of
commodity futures and options thereon and forward contracts (collectively
referred to as "Commodity Interests'').  The sole General Partner of the
Partnership is Everest Asset Management, Inc. (the "General Partner'').

On July 1, 1995, the Partnership recommenced its offering under a
Regulation D, Rule 506 private placement.  The private placement offering
is continuing at a gross subscription price per unit equal to net asset
value (NAV) per unit, plus an organization and offering cost reimbursement
fee payable to the General Partner, and an ongoing compensation fee equal
to 3% of the net asset value of Class A Units sold.  The Class A Units
(retail shares) continue to be charged an initial 1% Offering and
Organization fee as a reduction to capital.


The Partnership clears all of its futures and options on futures trades
through Newedge USA, LLC. (NE), its clearing broker, and all of its
foreign currency trading through Newedge Group an affiliate of NE.



(2) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


Revenue Recognition
Commodity futures contracts, forward contracts, physical commodities,
and related options are recorded on the trade-date basis and realized
gains or losses are recognized when contracts are liquidated.  All
such transactions are recorded on the identified cost basis and marked
to market daily.  Unrealized gains or losses on open contracts (the
difference between contract trade price and market price) are reported
in the statement of financial condition as a net unrealized gain or
toss, as there exists a right of offset of unrealized gains or losses
in accordance with the Financial Accounting Standards Board
Interpretation No. 39 - "Offsetting of Amounts Related to Certain
Contracts." Any change in net unrealized gain or loss from the preceding
period is reported in the statement of operations. Fair value of
exchange-traded contracts is based upon exchange settlement prices.
Fair value of non-exchange-traded contracts is based on third party
quoted dealer values on the Interbank market.

Use of Estimates
The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the
date of the financial statements and the reported amounts of revenues
and expenses during the reporting period. Actual results could differ
from those estimates.

Cash and Cash Equivalents
Cash equivalents represent short-term highly liquid investments with
maturities of 90 days or less at the date of acquisition.  The
Partnership maintains deposits with high quality financial institutions
in amounts that are in excess of federally insured limits; however, the
Partnership does not believe it is exposed to any significant credit risk.

Redemptions Payable
Pursuant to the provisions of Statement of Financial Accounting Standards
No. 150, Accounting for Certain Financial Instruments with Characteristics
of both Liabilities and Equity ("SFAS 150"), redemptions approved by the
General Partner prior to month end with a fixed effective date and fixed
amount are recorded as redemptions payable as of month end.

Fair Value of Financial Instruments
The financial instruments held by the Company are reported in the statements
of financial condition at fair value, or at carrying amounts that approximate
fair value, due to their highly liquid nature and short-term maturity.

Foreign Currency Translation
The Partnership's functional currency is the U.S. dollar, however, it
transacts business in currencies other than the U.S. dollar.  Assets and
liabilities denominated in foreign currencies are translated at the
prevailing exchange rates as of the date of the statement of financial
conditions. Gains and losses on investment activity are translated at the
prevailing exchange rate on the date of each respective transaction while
year-end balances are translated at the year-end currency rates. Realized
and unrealized foreign exchange gains or losses are included in trading
income in the statements of operations.

Income Taxes
No provision for income taxes has been made in the accompanying financial
statements as each partner is responsible for reporting income (loss)
based upon the pro rata share of the profits or losses of the Partnership.
The Partnership files U.S. federal and state tax returns.  The 2005 through
2008 tax years generally remain subject to examination by U.S. federal
and most state tax authorities.


Recently adopted accounting pronouncements
In April 2007 the FASB issued Interpretation No. 39-1, Amendment of FASB
Interpretation No. 39 ("FIN 39-1").  FIN 39-1 defines "right of setoff"
and specifies what conditions must be met for a derivative contract to
qualify for this right of setoff. It also addresses the applicability of
a right of setoff to derivative instruments and clarifies the circumstances
in which it is appropriate to offset amounts recognized for multiple
derivative instruments executed with the same counterparty under a master
netting arrangement and fair value amounts recognized for the right to
reclaim cash collateral (a receivable) or the obligation to return cash
collateral (a payable) arising from the same master netting arrangement
as the derivative instruments. This interpretation is effective for fiscal
years beginning after November 15, 2007. The adoption of FIN 39-1 did not
have a material impact on the Partnership's financial statements.

In January 2007, the Partnership adopted the Financial Accounting Standards
Board Interpretation No No. 48, Accounting for Uncertainty in Income Taxes
(FIN 48).  FIN 48 clarifies the accounting for uncertainty in income taxes
recognized in an enterprise's financial statements in accordance with
Statement No. 109, Accounting for Income Taxes.  FIN 48 prescribes a
recognition threshold and measurement attribute for the financial statement
recognition and measurement of a tax position taken or expected to be taken
in a tax return.  FIN 48 also provides guidance on derecognition of tax
benefits, classification on the balance sheet, interest and penalties,
accounting in interim periods, disclosure, and transition. Adoption of FIN
48 did not have a material effect on the Partnership's financial position
or results of operations.


Effective January 1,2009 the Partnership adopted SFAS No. 161,
Disclosure about Derivative Instruments and Hedging Activities.(See note 6)


(3)	FAIR VALUE  OF FINANCIAL INSTRUMENTS

Effective January 1, 2008, the Partnership adopted Statement of Financial
Accounting Standard No. 157, Fair Value Measurement (SFAS 157), issued by
the FASB.  SFAS No. 157 defines fair value as the price that would be
received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date and sets
out a fair value hierarchy.  The fair value hierarchy gives the highest
priority to quoted prices in active markets for identical assets or
liabilities (Level 1) and the lowest priority to unobservable inputs
(Level 3).  Inputs are broadly defined under SFAS 157 as assumptions
market participants would use in pricing an asset or liability. The three
levels of the fair value hierarchy under SFAS 157 are described below:

Level 1.  Unadjusted quoted prices in active markets for identical assets
or liabilities that the reporting entity has the ability to access at
the measurement date.

Level 2.  Inputs other than quoted prices within Level 1 that are observable
for the asset or liability, either directly or indirectly; and fair value
is determined through the use of models or other valuation methodologies.
A significant adjustment to a Level 2 input could result in the Level 2
measurement becoming a Level 3 measurement.

Level 3.  Inputs are unobservable for the asset or liability and include
situations where there is little, if any, market activity for the asset
or liability.  The inputs into the determination of fair value are based
upon the best information in the circumstances and may require significant
management judgment or estimation.

The following section describes the valuation techniques used by the
Partnership to measure different financial instruments at fair value and
includes the level within the fair value hierarchy in which the financial
instrument is categorized. Fair value of exchange-traded contracts is based
upon exchange settlement prices. Fair value of non-exchange-traded contracts
is based on third party quoted dealer values on the Interbank market. These
financial instruments are classified in Level 1 of the fair value hierarchy.

The following table presents the Partnership's fair value hierarchy for those
assets and liabilities measured at fair value on a recurring basis as of
March 31, 2009:
<TABLE>
<CAPTION>
                                 Fair Value Measurements Using
                              ----------------------------------------
 <S>                    <C>              <C>                 <C>                 <C>

                                   Quoted Prices in       Significant          Significant
                                   Active Markets for     Other                Unobservable
                                   Identical Assets       Observable Inputs    Inputs
                         Total            (Level I)         (Level II)           (Level III)
                      -----------   ----------------      ---------------    --------------
Assets
 Cash and equivalents $ 17,477,960     $ 17,477,960           $      -            $   -
                     -------------   ---------------      ---------------    --------------
Investments
  Long Futures
    Contracts            -101,594          -101,594                  -                -

  Short Futures
    Contracts             14,059            14,059                   -                -
                    ---------------   --------------      ---------------    --------------
                         -87,535           -87,535                   -                -
                    ---------------   --------------      ---------------    --------------

Total assets at fair
value               $ 17,390,425        $17,390,425                $  -            $   -
                    ===============   ==============      ===============    ==============

</TABLE>

The following table presents the Partnership's fair value hierarchy for those
assets and liabilities measured at fair value on a recurring basis as of
March 31, 2008:

<TABLE>
<CAPTION>
                                             Fair Value Measurements Using
                                        ----------------------------------------
 <S>                         <C>          <C>                     <C>                <C>
                                      Quoted Prices in       Significant          Significant
                                      Active Markets for     Other                Unobservable
                                      Identical Assets       Observable Inputs    Inputs
                            Total       (Level I)             (Level II)           (Level III)
                        -------------  ----------------    ----------------    ---------------
Assets
 Cash and equivalents    $14,116,964     $14,116,964          $      -              $   -
                       --------------  ----------------    ---------------     ---------------
Investments
  Long Futures
    Contracts               251,414         251,414                  -                  -

  Short Futures
    Contracts               (6,814)          (6,814)                 -                  -
                        ------------   --------------      ---------------     ---------------
                           244,600          244,600                  -                  -
                        ------------   --------------      ---------------     ---------------

Total assets at fair
value                  $14,361,564       $14,361,564              $  -              $   -
                       ===========     ==============      ===============     ===============

</TABLE>




(4)         LIMITED PARTNERSHIP AGREEMENT

The Limited Partners and General Partner share in the profits and losses
of the Partnership in proportion to the number of units or unit
equivalents held by each. However, no Limited Partner is liable for
obligations of the Partnership in excess of their capital contribution
and profits, if any, and such other amounts as they may be liable for
pursuant to the Act. Distributions of profits are made solely at the
discretion of the General Partner.

Responsibility for managing the Partnership is vested solely in the
General Partner. The General Partner has delegated complete trading
authority to an unrelated party (see Note 5).
Although the Agreement does not permit redemptions for the first six months
following a Limited Partner's admission to the Partnership, the Agreement
does permit the Partnership to declare additional regular redemption dates.
The Partnership will be dissolved on December 31, 2020, or upon the
occurrence of certain events, as specified in the Limited Partnership agreement.

(5)	AGREEMENTS AND RELATED PARTY TRANSACTIONS

John W. Henry & Company, Inc. (JWH) serves as the Partnership's commodity
trading advisor.  JWH receives a monthly management fee equal to 0.167%
(2% annually) of the Partnership's month-end net asset value, (as defined),
and a quarterly incentive fee of 20% of the Partnership's new net trading
profits, (as defined). The incentive fee is retained by JWH even though
trading losses may occur in subsequent quarters; however, no further
incentive fees are payable until any such trading losses (other than
losses attributable to redeemed units and losses attributable to assets
reallocated to another advisor) are recouped by the Partnership.

Effective November 2003, the General Partner charges the Partnership a
monthly management fee equal to 0.50% of the Partnership's Class A
beginning-of-month net asset value.

Effective June 2004, the General Partner charges the Partnership a monthly
management fee equal to 0.229% of the Partnership's Class I beginning-of-month
net asset value. From the monthly management fee the General Partner deducts
the round turn trading costs and related exchange fees (between $5.80 to
$10.70 per round turn trade on domestic exchanges, and higher for foreign
exchanges) and pays the selling agents and certain other parties, if any,
up to 50% of the fee retained by the General Partner. The General Partner
may replace or add trading advisors at any time.

Beginning in mid-October 2005, the Partnership engaged Calyon Financial, Inc.
("CFI'') as the Partnership's futures and options on futures broker, and
engaged, Calyon Financial, SNC ("CFS'') as the Partnership's foreign currency
or forwards currency broker, (collectively referred to as the "Clearing
Brokers'').  On January 2, 2008 Calyon Financial, Inc. and SNC changed
their company title to Newedge Financial, Inc. Newedge Financial, Inc. further
changed their name to Newedge USA, LLC, as a result of a merger on September
1, 2008 between Newedge Financial, Inc. and Newedge USA, LLC. The agreements
provide that the Clearing Brokers charge the Partnership brokerage commissions
at the rate of between $5.80 to $10.70 per round-turn trade, plus applicable
exchange, give up fees and NFA fees for futures contracts and options on
futures contracts executed on domestic exchanges and over the counter markets.
For trades on certain foreign exchanges, the rates may be higher.

The Partnership also reimburses the Clearing Brokers for all delivery,
insurance, storage or other charges incidental to trading and paid to third
parties.

The Partnership earns interest on 95% of the Partnership's average monthly
cash balance on deposit with its Brokers at a rate equal to the average
91-day Treasury Bill rate for US Treasury Bills issued during that month.

The Partnership has also entered into an investment advisory agreement with
Horizon Cash Management L.L.C. ("HCM'').  At March 31, 2009 and 2008
approximately 99.89% and 99.67%, respectively of the partnership's capital were
funds deposited with a commercial bank and invested under the direction of
HCM. HCM receives a monthly cash management fee equal to 1/12 of .25%
(.25% annually) of the average daily assets under management if the accrued
monthly interest income earned on the Partnership's assets managed by HCM
exceeds the 91-day U.S. Treasury bill rate.

(6)   DERIVATIVE INSTRUMENTS

In March 2008, the FASB issued Statement of Financial Accounting Standards
No. 161 (SFAS 161), Disclosures about Derivative Instruments and Hedging
Activities.  SFAS 161 amends and expands the disclosure requirements of SFAS
133, Accounting for Derivative Instruments and Hedging Activities, to provide
users of financial statements with an enhanced understanding of the use of
derivative instruments, financial performance, and cash flows.  This Statement
requires qualitative disclosures about objectives and strategies for using
derivatives, quantitative disclosures about fair value amounts of and gains
and losses on agreements.  SFAS 161 is effective for financial statements
issued for the Partnership's first fiscal year beginning after November
15, 2008. The Partnership adopted the provisions of SFAS 161 effective
January 1, 2009.The Partnership's business is speculative trading of futures
contracts, options on futures contracts and physical commodities and other
commodity-related contracts traded primarily on domestic markets pursuant
to the trading and investment methodology of the General Partner.  The
Partnership does not designate any derivative instruments as hedging
instruments under SFAS 133.

The following tables summarize quantitative information required by SFAS 161:

Derivatives not designated as hedging instruments under SFAS 133





<TABLE>
<CAPTION>
<S>                 <C>                              <C>                <C>

                    Asset Derivatives

                    Balance Sheet
                    Location                       Fair Value      #of contracts

Agricultural
   Net unrealized trading gains on open contracts   (7,704)             21
Currencies
   Net unrealized trading gains on open contracts  (48,938)             57
Energy
   Net unrealized trading gains on open contracts   (6,550)             2
Metals
   Net unrealized trading gains on open contracts  (29,545)             16
Interest rates
   Net unrealized trading gains on open contracts   (1,188)             130
Indices
   Net unrealized trading gains on open contracts   (7,669)             2
                                                    ========
                                                   (101,594)


</TABLE>



<TABLE>
<CAPTION>


<S>                <C>                               <C>              <C>         <C>

                Liability Derivatives

                Balance Sheet
                 Location                           Fair Value  #of contracts     Net


Agricultural
    Net unrealized trading gains on open contracts  (14,347)       35           (22,051)
Currencies
    Net unrealized trading gains on open contracts   14,863        25           (34,075)
Energy
    Net unrealized trading gains on open contracts   16,220        14             9,670
Metals
    Net unrealized trading gains on open contracts    -             -           (29,545)
Interest rates
    Net unrealized trading gains on open contracts   (2,677)        5            (3,865)
Indices
    Net unrealized trading gains on open contracts    -             -            (7,669)
                                                     ========  ========       ===========
                                                     14,059                     (87,535)


</TABLE>

<TABLE>
<CAPTION>


<S>                                  <C>



                        Trading Revenue for the

                  Three Months Ended March 31,2009


Line Item in Income Statement


Realized                        (225,381)

Change in unrealized            (747,272)
                               ===========
                                (972,653)


Includes net foreign currency translation gain(loss)




Three months average of futures contracts bought and sold


January 2009                  (353,464)

February 2009                  281,699

March 2009                    (900,888)
                              ==========
Total                         (972,653)
                              ==========
3 month average               (324,218)

</TABLE>


For the three months ended March 31, 2009, the monthly average of futures
contracts bought and sold was approximately (324,218), respectively.



(7)   FINANCIAL INSTRUMENTS, OFF-BALANCE SHEET RISKS AND CONTINGENCIES

The Partnership engages in the speculative trading of U.S. and foreign
futures contracts, options on U.S. and foreign futures contracts, and
forward contracts ("collectively derivatives''). These derivatives include
both financial and non-financial contracts held as part of a diversified
trading strategy. The Partnership is exposed to both market risk, the risk
arising from changes in the market value of the contracts; and
credit risk, the risk of failure by another party to perform according
to the terms of a contract.

The purchase and sale of futures and options on futures contracts requires
margin deposits with a Futures Commission Merchant ("FCM''). Additional
deposits may be necessary for any loss on contract value. The Commodity
Exchange Act requires an FCM to segregate all customer transactions and
assets from the FCM's proprietary activities. A customer's cash and other
property such as U.S. Treasury Bills, deposited with an FCM are considered
commingled with all other customer funds subject to the FCM's segregation
requirements. In the event of an FCM's insolvency, recovery may be limited
to a pro rata share of segregated funds available. It is possible that the
recovered amount could be less than the total of cash and other property
deposited.

For derivatives, risks arise from changes in the market value of the
contracts. Theoretically, the Partnership is exposed to a market risk
equal to the value of futures and forward contracts purchased and unlimited
liability on such contracts sold short. As both a buyer and seller of
options, the Partnership pays or receives a premium at the outset and then
bears the risk of unfavorable changes in the price of the contract
underlying the option.

In the case of forward contracts, over-the-counter options contracts or
swap contracts, which are traded on the interbank or other institutional
market rather than on exchanges, the counterparty is generally a single
bank or other financial institution, rather than a clearinghouse backed
by a group of financial institutions; thus, there likely will be greater
counterparty credit risk. The Partnership trades only with those
counterparties that it believes to be creditworthy. All positions of
the Partnership are valued each day on a mark-to-market basis. There
can be no assurance that any clearing member, clearinghouse or other
counterparty will be able to meet its obligations to the Partnership.

<TABLE>
<CAPTION>
                                                  March 31, 2009 unaudited
                                       ---------------------------------------------
    <S>                                        <C>              <C>            <C>
                                               Futures       Forwards        Total
                                       --------------------  -----------    -----------
Gross unrealized gains                        $0.00            $31,083      $31,083
Gross unrealized losses                     (101,594)          (17,024)     (118,618)
                                       --------------------  -----------   -----------
Net unrealized gains (losses)              ($101,594)          $14,059      ($87,535)
                                       ====================  ===========   ===========

</TABLE>


                                                  March 31, 2008 unaudited
<TABLE>
<CAPTION>
                                              March 31, 2008 unaudited
                                       ---------------------------------------------
 <S>                                            <C>            <C>          <C>
                                              Futures       Forwards        Total
                                       ------------------  -------------   -------------
Gross unrealized gains                       $325,814        $5,735         $331,549
Gross unrealized losses                       (74,400)      (12,549)         (86,949)
                                       ------------------  -------------   -------------
Net unrealized gains (losses)                $251,414       ($6,814)        $244,600
                                       =================   =============   =============

</TABLE>

(8)   FINANCIAL HIGHLIGHTS

The following financial highlights show the Partnership's financial
performance for the quarter  ended March 31, 2009 and March 31, 2008.

 <TABLE>
<CAPTION>
<S>                                              <C>                         <C>
                                              March 31, 2009         March 31, 2008
                                           -------------------     ---------------------
                                                Class A                     Class A
                                           -------------------     ---------------------
Total return before distributions*              (7.01%)                    20.11%
                                           ===================     =====================
Ratio to average net assets:
      Net investment Income (loss)**            (7.39)%                    18.25%
                                           ===================     =====================
      Management fees                            5.98%                      1.78%
      Incentive fees                               0 %                      3.5%
      Other expenses                             2.37%                      0.16%
                                           -------------------     ----------------------
      Total expenses**                           8.35%                      5.44%
                                           ===================     ======================

</TABLE>

*Not annualized
**Annualized




Interim Financial Statements

The statements of financial condition, including the consolidated schedule
of investments, as of March 31, 2009, the statements of operations for
the three month ended March 31, 2009 and 2008, the statements of cash
flows and changes in partners' capital (net asset value) for the three
months ended March 31, 2009 and 2008 and the accompanying notes to the
financial statements are unaudited. Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with U.S. generally accepted accounting principles may be omitted pursuant
to such rules and regulations.  In the opinion of management, such financial
statements and accompanying disclosures reflect all adjustments, which
were of a normal and recurring nature, necessary for a fair presentation
of financial position as of March 31, 2009, results of operations for the
three months ended March 31, 2009 and 2008, cash flows and changes in
partners' capital (net asset value) for the three month ended March 31, 2009
and 2008. The results of operations for the full three months ended March
31, 2009 and 2008 are not necessarily indicative of the results to be expected
for the full year or any other period. These financial statements
should be read in conjunction with the audited financial statements and the
notes thereto included in our form 10-k as filed with the Securities and
Exchange Commission.



         Item 2.    Management's Discussion and Analysis of Financial
                    Condition and Results of Operation

Fiscal Quarter ended March 31, 2009

The Partnership recorded a loss of $1,301,369 or $265.59 per Unit of Class
A Units  for the fiscal quarter ended March 31, 2009. This compares to a
gain of $2,343,822 or $490.57 per Unit of Class A Units for the fiscal
quarter ended March 31, 2008.  The quarter ended March 31, 2009 showed
a loss of 7.01% (total return) for the Class A Units of the fund.

The Partnership continued to employ John W. Henry &
Company, Inc.'s (JWH) GlobalAnalyticsR Family of Programs.


Class A Units were negative 2.49% in January 2009 resulting in
a Net Asset Value per unit of $3,693.33 as of January 31, 2009.

While macro-economic conditions continued to deteriorate in January and
pressure global equity prices, extreme short-term volatility in certain
markets around year-endand uncertainty regarding the impact of future
policy steps upset long-standing trends across multiple market sectors.
The stock market began to focus acutely on the shaping of economic policy
by the new administration. Uncertainty on this front proved to be a clear
negative for the stock market as most major averages posted their worst
January performance on record.

January represented a month of change for many of the markets and sectors
traded by the Fund. While overall market volatility seems to have declined
during the month, January performance was affected by price spikes and
reversals that impacted long-term trends carried over from 2008 creating
a challenging environment for the Fund. The Fund's two largest sector
exposures are in interest rates and currencies which were both hit by
major reversals in January.


Class A Units were positive 0.94% in February 2009 resulting in
a Net Asset Value per unit of $3,728.18 as of February 28, 2009.

The Fund gained 0.94 percent in February as the focus of the markets and
trading conditions were very similar to those that prevailed in January.
The S&P 500 followed up its worst January on record with a near 11 percent
decline in February.

We remain in an environment of uncertainty and instability in 2009 with
all waiting to see what the next steps will be from the new Obama
administration. While you can find supporters of the actions taken to date,
you can also find just as many opposing those actions causing a struggle
that is mired in emotional and political controversy.  Beyond the
continued decline in the equity sector, movement in many sectors remains
constrained as opposing forces keep those markets from moving too far in
any one direction.  The resulting decline in volatility throughout these
sectors has brought down the overall volatility of the Fund and has allowed
for certain risk management parameters to further protect the Fund from
sudden trend reversals.


Class A Units were negative 5.53% in March 2009 resulting in
a Net Asset Value per unit of $3,522.05 as of March 31, 2009.

The Fund's performance was negative in March, marking the first meaningful
 month-on-month correction since the Fund's strong 2008 rally. The Fund's
decline in performance coincided with the S&P 500's best monthly return
since 1987. While it is never comforting to incur losses during these
reversal periods it is a natural component of trend-following. The Fund
gained 121% between September 2007 and December 2008 from a broad diversity
of markets and market sectors. It is not unusual or unexpected that we will
experience a period of give-back in some of these markets as new trends
emerge. The advisor's position size is currently light with a margin to
equity ratio of approximately 6-9% (JWH can go ashigh as 24-28%). In
addition, at the Fund level, we will remain approximately 80% allocated to
JWH with the remaining assets gaining interest income at our cash management
firm at least until we see a reemergence of price trends.

See Note 5 of the Notes to Financial Statements for procedures established by
the General Partner to monitor and minimize market and credit risks for the
Partnership.  In addition to the procedures set out in Note 5, the General
Partner reviews on a daily basis reports of the Partnership's performance,
including monitoring of the daily net asset value of the Partnership.  The
General Partner also reviews the financial situation of the Partnership's
Clearing Broker on a monthly basis.  The General Partner relies on the
policies of the Clearing Broker to monitor specific credit risks.  The
Clearing Broker does not engage in proprietary trading and thus has no
direct market exposure, which provides the General Partner assurance that
the Partnership will not suffer trading losses through the Clearing Broker.



Fiscal Quarter ended March 31, 2008

The Partnership recorded a gain of $2,343,822 or $490.57 per Unit of Class
A Units  for the fiscal quarter ended March 31, 2008. This compares to a
 loss of $  1,723,314 or $214.58 per Unit of Class A Units for the fiscal
quarter ended March 31, 2007.  The quarter ended March 31, 2008 showed
a gain of 20.11%% (total return) for the Class A Units of the fund.


The Partnership continued to employ John W. Henry &
Company, Inc.'s (JWH) GlobalAnalyticsR Family of Programs.


Class A Units were positive 8.62% in January 2008 resulting in
a Net Asset Value per unit of $2,649.47 as of January 31, 2008.

The Partnership experienced strong positive performance for the
month of January. Fear returned to the markets as the December
holiday season proved to be just a brief respite from the
turbulence of last quarter. An important shift in the markets
focus seemed to be emerging at the start of 2008.Last year the
global economy was relatively strong. The market consternation
was idiosyncratic and related to specific issues affecting the housing
and credit markets in the U.S. In January, the concern was more
generalized, as the market began to adjust for the possibility of a
U.S. recession and a significant slowdown in global growth.

The Partnership was able to provide clients with a strong positive,
uncorrelated return during a difficult month for traditional investments.


Class A Units were positive 10.18% in February 2008 resulting in
a Net Asset Value per unit of $2,919.21 as of February 28, 2008.

Trading performance for the Partnership in February was exceptional.
The data released during the month continues to point to a weakening in
the U.S. economy.  As the severity of the credit crisis and its
ramifications become more apparent, numerous remedies have been enacted
or proposed. Pessimism about the deteriorating state of the economy was
often met with optimism about the prospects of official forms of economic
stimulus,creating an interesting trading dynamic during the month.  Some
sectors were confined to broad ranges, while others experienced explosive
moves.The Partnership benefited from historic movement in the price of
many commodities as energies, grains, metals and soft commodities all
contributed positively to the Partnership's performance.


Class A Units were positive 0.36% in March 2008 resulting in
a Net Asset Value per unit of $2,929.86 as of March 31, 2008.

While the month contained significant reversals in some trends that
resulted in performance finishing March below the inter-month peak,
the Partnership was pleased with the continued positive results for
the month and the quarter. JWH models performed as expected, given
the volatile price action across multiple market sectors.


See Note 5 of the Notes to Financial Statements for procedures established by
the General Partner to monitor and minimize market and credit risks for the
Partnership.  In addition to the procedures set out in Note 5, the General
Partner reviews on a daily basis reports of the Partnership's performance,
including monitoring of the daily net asset value of the Partnership.  The
General Partner also reviews the financial situation of the Partnership's
Clearing Broker on a monthly basis.  The General Partner relies on the
policies of the Clearing Broker to monitor specific credit risks.  The
Clearing Broker does not engage in proprietary trading and thus has no direct
market exposure, which provides the General Partner assurance that the
Partnership will not suffer trading losses through the Clearing Broker.


Item 3.         Quantitative and Qualitative Disclosures
                         About Market Risk

There has been no material change with respect to market risk since the
"Quantitative and Qualitative Disclosures About Market Risk" was made in the
Form 10K of the Partnership dated December 31, 2008.

Item 4.			Controls and Procedures

Within 90 days of the date of this report an evaluation was performed by the
company under the supervision and with the participation of management,
including the President of the Company, of the effectiveness of the design
and operation of the Company's disclosure controls and procedures.  Based on
that evaluation, the Company's management, including the President, concluded
that the Company's disclosure controls and procedures are effective in timely
alerting them to material information relating to the Company that is
required to be included in the Company's period filings with the Securities
and Exchange Commission.  There have been no significant changes in the
company's internal controls or in other factors that could significantly
affect those internal controls subsequent to the date the company carried out
its evaluation.


                      Part II.  OTHER INFORMATION


Item 1.     Legal Proceedings

Neither the Partnership, nor the General Partner, is party to
any pending material legal proceeding.


 Item 1A.	Risk Factors

There has been no material change with respect to risk factors since the
"Risk Factors" were disclosed in the Form 10K of the Partnership dated
December 31, 2008.

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds


RECENT SALES OF UNREGISTERED SECURITIES A UNITS
<TABLE>
                                      1st quarter 2009   1st quarter 2008
<S>                                         <C>                   <C>

Units Sold                                13.34                     0

Value of Units Sold                       $50,000                   0

</TABLE>


1% of the proceeds from the above sales were used to pay the
Partnership's Organization and Offering charge. The remaining 99%
was invested in the Partnership.




                  	See Part I, Statement of Changes in Partner  s
				Capital

Item 3.	Defaults Upon Senior Securities

        	            None

Item 4.	Submission of Matters to a Vote of Security Holders

                  	None

Item 5.     Other Information

                  	None

Item 6.     Exhibits and Reports on Form 8-K

a)	Exhibits

<TABLE>
<CAPTION>
Exhibit Number		Description of Document				Page
Number

<S>			<C>								<C>
31			Certification by Chief Executive Officer
 			and Chief Financial Officer Pursuant to
 			Section 302 of the Sarbanes-Oxley Act of 2002	E- 1-2

32			Certification by Chief Executive Officer

			and Chief Financial Officer  Pursuant to
                        Section 906 of the Sarbanes-Oxley Act of 2002	E - 3

</TABLE>

b)	Reports on Form 8-K
                         1. Form 8-K Amendment filed 02/06/2009
                         2. Form 8-K Amendment filed 03/20/2009



                          1. Form 8-K Amendment filed 02/06/2009

				UNITED STATES
			SECURITIES AND EXCHANGE COMMISSION
				Washington, D.C. 20549

				   FORM 8-K AMENDMENT

				CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 6, 2009


				THE EVEREST FUND, L.P.
		(Exact name of registrant as specified in its charter)

                Iowa 		0-17555 	           42-1318186
   (State or other jurisdiction                         (IRS Employer
      of incorporation) (Commission file number)      Identification No.)



			1100 North 4th Street
				Suite 143
			Fairfield, Iowa 52556
		(Address of principal executive offices)

Registrant's telephone number, including area code: (641) 472-5500

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:

      Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)


     Soliciting material pursuant to Rule 14a-12 under the Securities
Act (17 CFR 240.14a-12)


      Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))


    Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))



12/31/2008


National Futures Association
Compliance Department
300 South Riverside Plaza, #1800
Chicago, IL   60606

Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, N.W.
Washington, DC   20581

RE:  Replacement of Accountant
        The Everest Fund, L.P. (NFA ID# P001601)


Please be notified that on December 31, 2008 The Everest Fund, L.P.
has dismissed its principal accountant and audit firm, Ryan & Juraska.
On February 5,2009 they were replaced with McGladrey & Pullen LLP, One
South Wacker, Suite 800, Chicago, Illinois 60606. Ryan & Juraska were
the audit and accountants for year 2007 only.

The decision to change accountants was recommended and apprpoved
by the board of directors.

There were no disagreements with the former accountant on any matter
of accounting principles or practices, financial statement disclosure,
auditing scope or procedures or compliance with the applicable rules
of the Commission during the most recent fiscal year and any
subsequent interim periods.

The reports on The Everest Fund, L.P.'s financial statements and
schedules for fiscal year 2007, conducted by Ryan & Juraska, did not
contain any adverse opinion, disclaimer of opinion or qualification.


We provided Ryan & Juraska with a copy of this amended
Form 8-Ka prior to its filing with the Securities and Exchange
Commission and requested that they furnish us with a letter
addressed to the Securities and Exchange Commission stating
whether they agreed with the statements made in this Form
8-Ka and, if not, stating the aspects with which they do not
agree. A copy of the letter provided by Ryan & Juraska
is attached to this Form 8-Ka as Exhibit A.


Neither Everest Fund, LP nor anyone on our behalf consulted
Ryan & Juraska on any matter relating to the application of
accounting principles to a specific completed or contemplated
transaction or the type of audit opinion that might be rendered
on our financial statements.


There has not been any consulting with new auditors up through the
date of engagement.


Exhibit A

February 4, 2009

Re: 	Change of Accountants
	The Everest Fund, L.P. (NFA ID# P001601)

Dear Sir/Madam:

This letter is to inform you that Ryan & Juraska, CPAs, the former
designated accountant for The Everest Fund, LP ("TEF"), agrees
with the facts stated in the letter regarding the revised 8-K
which is dated December 31, 2008, pursuant to CFTC Rule 1.16(g)
from The Everest Fund, LP.

Specifically, during the last 12 months there have been no
disagreements between our firm and TEF, resolved or unresolved,
relating to any matter of accounting principles or practices,
financial statement disclosure, auditing scope or procedure or
compliance with applicable regulatory rules which would have
caused us to make reference to them in connection with our
report on the subject matter of the problems.  Also, during
the preceding 12 months, we have not issued an adverse opinion,
disclaimer, or qualified opinion due to uncertainties, audit
scope, or accounting principle.
Sincerely,

/s/Ryan & Juraska,
Certified Public Accountants

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Date: February 6, 2009


      THE EVEREST FUND, L.P.

      By: Everest Asset Management, Inc.,
      General Partner

      By: /s/ Peter Lamoureux


        Peter Lamoureux
        President, Secretary, Treasurer and Director


                     2. Form 8-K Amendment filed 03/20/2009


	                             UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION
			Washington, D.C. 20549

		           FORM 8-K AMENDMENT

			CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 20, 2009

			THE EVEREST FUND, L.P.
		(Exact name of registrant as specified in its charter)

                 Iowa  	           0-17555         42-131818
 (State or other jurisdiction
  of incorporation) (Commission file number) (IRS Employer Identification No.)

			1100 North 4th Street
				Suite 143
			Fairfield, Iowa 52556
		(Address of principal executive offices)

Registrant's telephone number, including area code: (641) 472-5500

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:

      Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)


     Soliciting material pursuant to Rule 14a-12 under the Securities
Act (17 CFR 240.14a-12)


      Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))


    Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))


Upon the advice of our counsel and as reflected in the filing of our financial
statements, we did not engage a PCAOB accounting firm for the 2007 audit for
the Everest Fund, L.P. (Everest). Our counsel has been involved with Everest
only subsequent to the 1996 12g SEC filing and had no knowledge of it.
We were operating under the understanding and apparently mistaken believe
that we were 'voluntary filers' for at least the last 12 years. In light of
the foregoing, we have engaged McGladry & Pullen ( McGladrey ), a PCAOB
accounting firm, to perform an audit of the financial statements for Everest
for the years 2007 and 2008. We are working with McGladry in an attempt to
accomplish this by the deadline of March 31, but we must reserve for the
possible need to request an extension of time under the circumstances.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Date: March 20, 2009
THE EVEREST FUND, L.P.

      By: Everest Asset Management, Inc.,
      General Partner

      By: /s/ Peter Lamoureux

        Peter Lamoureux
        President, Secretary, Treasurer and Director





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned and thereunto duly authorized.

                                EVEREST FUND, L.P.

Date: May 15, 2009     By:  Everest Asset Management, Inc.,
                                     its General Partner


				          By:__/s/ Peter Lamoureux_____

					        Peter Lamoureux
					        President
1


39