| Fund ID | 805-9438084876 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| 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 | 100% |
| Owned by the adviser or related persons | 3% |
| Owned by funds of funds | 30% |
| Owned by non-U.S. persons | 17% |
| Fund | Type | Gross assets |
|---|---|---|
| Saratoga Senior Loan Fund I JV LLC | Securitized Asset | $29.9M |
| Tjha Bb SPV LLC | Hedge | $10.5M |
| Hcm Co-Investment II, LLC | Hedge | $9M |
The Hcm Master Fund Limited reports $389.9 million in gross assets, among the top 20% of private funds by size.
The stated minimum investment is $10 million.
The Hcm Master Fund Limited is managed by Thomas J. Herzfeld Advisors, Inc.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.