| Fund ID | 805-6295981261 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| 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 | 0% |
| Owned by the adviser or related persons | 39% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Sit Bond Portfolio, L.P. | Hedge | $288.7M |
| Sit Targeted Opportunity Fund, LLC | Other Private | $190.7M |
| Sit Alpha II Bond Fund, Ltd. | Hedge | $175.3M |
Sit Municipal Opportunity Bond Fund, LLC reports $18.5 million in gross assets, among the top 70% of private funds by size.
The stated minimum investment is $1 million.
Sit Municipal Opportunity Bond Fund, LLC is managed by Sit Fixed Income Advisors II, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.