Palomino Master LTD.
Palomino Master LTD. is a hedge fund organized in British Virgin Islands and advised by Appaloosa LP. Its adviser reported $5,680,850,642 in gross assets for the fund on Form ADV, filed Mar 19, 2024. It reported 51 beneficial owners, about 14% 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
- $5,680,850,642As reported on Form ADV
- Beneficial owners
- 51
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- British Virgin Islands
- Auditor
- Ernst & Young
- Administrator
- Ss&c Globeop Financial Services
- Prime broker
- J.P. Morgan Securities LLC; Goldman Sachs & Co. LLC; Morgan Stanley & Co. LLC
- Custodian
- Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; Morgan Stanley & Co. LLC; Citigroup Global Markets Inc.
- Adviser
- Appaloosa LP · Short Hills, NJ · CRD 281909
- Reported on
- Mar 19, 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 Palomino Master LTD.
What is the minimum investment for Palomino Master LTD.?
According to its adviser's Form ADV filed Mar 19, 2024, the minimum investment Palomino Master LTD. accepts is $5,000,000.
Who can invest in Palomino Master LTD.?
Palomino Master 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 Palomino Master LTD.?
Its adviser reported $5,680,850,642 in gross assets on Form ADV filed Mar 19, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Palomino Master LTD.?
Palomino Master LTD. is advised by Appaloosa LP, based in Short Hills, NJ.
Who are Palomino Master LTD.'s service providers?
Its Form ADV lists Ernst & Young as auditor and Ss&c Globeop Financial Services as administrator.