| Fund ID | 805-9413929974 |
| 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 | 3% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Merganser Core Bond Fund II | Other Private | $103.9M |
| Merganser Floating Rate Bond Fund LLC | Other Private | $100.7M |
| Merganser Short Income Fund, LLC | Other Private | $49.8M |
Merganser Short Term Bond Fund LLC reports $394.7 million in gross assets, among the top 19% of private funds by size.
The stated minimum investment is $1 million.
Merganser Short Term Bond Fund LLC 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.