Axar Master Fund LTD.
Axar Master Fund LTD. is a hedge fund organized in Cayman Islands and advised by Axar Capital Management LP. Its adviser reported $222,088,283 in gross assets for the fund on Form ADV, filed Jul 3, 2024. It reported 32 beneficial owners, about 5% of it owned by non-U.S. persons. The minimum investment it accepts is $5,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $222,088,283As reported on Form ADV
- Beneficial owners
- 32
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Cayman Islands
- Auditor
- Ernst & Young LLP
- Administrator
- Hedgeserv (Cayman) LTD.
- Prime broker
- Morgan Stanley & Co. LLC; Goldman Sachs & Co. LLC
- Custodian
- U.S. Bank; First Republic Bank; The Bank of New York Mellon; Goldman Sachs & Co. LLC
- Adviser
- Axar Capital Management LP · New York, NY · CRD 217520
- Reported on
- Jul 3, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Axar Master Fund LTD.
What is the minimum investment for Axar Master Fund LTD.?
According to its adviser's Form ADV filed Jul 3, 2024, the minimum investment Axar Master Fund LTD. accepts is $5,000,000.
Who can invest in Axar Master Fund LTD.?
Axar Master Fund LTD. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Axar Master Fund LTD.?
Its adviser reported $222,088,283 in gross assets on Form ADV filed Jul 3, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Axar Master Fund LTD.?
Axar Master Fund LTD. is advised by Axar Capital Management LP, based in New York, NY.
Who are Axar Master Fund LTD.'s service providers?
Its Form ADV lists Ernst & Young LLP as auditor and Hedgeserv (Cayman) LTD. as administrator.