MPMD
MPMD is a hedge fund organized in Cayman Islands and advised by Magnetar Financial LLC. Its adviser reported $1,476,006,194 in gross assets for the fund on Form ADV, filed Nov 27, 2024. It reported 39 beneficial owners, about 67% of it owned by non-U.S. persons. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $1,476,006,194As reported on Form ADV
- Beneficial owners
- 39
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Cayman Islands
- Auditor
- Pricewaterhousecoopers LLP
- Administrator
- Northern Trust
- Prime broker
- Goldman Sachs & Co. LLC; Morgan Stanley; Merrill Lynch, Pierce, Fenner & Smith Incorporated; Citigroup Global Markets Inc.
- Custodian
- Goldman Sachs & Co. LLC; Morgan Stanley Smith Barney LLC; BNP Paribas Securities Corp.; The Bank of New York Mellon
- Adviser
- Magnetar Financial LLC · Evanston, IL · CRD 136045
- Reported on
- Nov 27, 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 MPMD
What is the minimum investment for MPMD?
Its adviser's Form ADV, filed Nov 27, 2024, does not set a minimum investment for MPMD. The offering documents may still require one.
Who can invest in MPMD?
MPMD 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 MPMD?
Its adviser reported $1,476,006,194 in gross assets on Form ADV filed Nov 27, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages MPMD?
MPMD is advised by Magnetar Financial LLC, based in Evanston, IL.
Who are MPMD's service providers?
Its Form ADV lists Pricewaterhousecoopers LLP as auditor and Northern Trust as administrator.
Fund vehicles that invest through this fund (2)
Feeder funds reported on Form ADV with MPMD as their master fund.