| Fund ID | 805-4060497430 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 9% |
| Owned by funds of funds | 91% |
| Owned by non-U.S. persons | 91% |
| Fund | Type | Gross assets |
|---|---|---|
| Merchants Healthcare Fund I, LP | Private Equity | $464.1M |
| Merchants Healthcare Fund I Offshore, LP | Private Equity | $15.4M |
Merchants Capital 2021-Fli, LP reports $201.4 million in gross assets, among the top 30% of private funds by size.
Merchants Capital 2021-Fli, LP is managed by Merchants Asset Management LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.