| Fund ID | 805-1669400191 |
| Fund type | Other Private Fund — POOLED INVESTMENT FUND |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 99% |
| Owned by the adviser or related persons | 0% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Merganser Short Term Bond Fund LLC | Other Private | $394.7M |
| Merganser Floating Rate Bond Fund LLC | Other Private | $100.7M |
| Merganser Short Income Fund, LLC | Other Private | $49.8M |
Merganser Core Bond Fund II reports $103.9 million in gross assets, among the top 42% of private funds by size.
The stated minimum investment is $5 million.
Merganser Core Bond Fund II is managed by Merganser Capital Management, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.