Parsec Plus Master Fund, LTD.
Parsec Plus Master Fund, LTD. is a hedge fund organized in British Virgin Islands and advised by Watermark Group, Inc. Its adviser reported $1,098,840,751 in gross assets for the fund on Form ADV, filed Jun 14, 2024. It reported 28 beneficial owners, about 84% 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
- $1,098,840,751As reported on Form ADV
- Beneficial owners
- 28
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- British Virgin Islands
- Auditor
- Ernst & Young LLP
- Administrator
- Mufg Fund Services (Bermuda) Limited
- Custodian
- Mufg Alternative Fund Services (Cayman) Limited; Wells Fargo Securities, LLC; J.P. Morgan Chase Bank, NA; Morgan Stanley & Co. LLC
- Adviser
- Watermark Group, Inc. · Princeton, NJ · CRD 108272
- Reported on
- Jun 14, 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 Parsec Plus Master Fund, LTD.
What is the minimum investment for Parsec Plus Master Fund, LTD.?
According to its adviser's Form ADV filed Jun 14, 2024, the minimum investment Parsec Plus Master Fund, LTD. accepts is $5,000,000.
Who can invest in Parsec Plus Master Fund, LTD.?
Parsec Plus 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 Parsec Plus Master Fund, LTD.?
Its adviser reported $1,098,840,751 in gross assets on Form ADV filed Jun 14, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Parsec Plus Master Fund, LTD.?
Parsec Plus Master Fund, LTD. is advised by Watermark Group, Inc., based in Princeton, NJ.
Who are Parsec Plus Master Fund, LTD.'s service providers?
Its Form ADV lists Ernst & Young LLP as auditor and Mufg Fund Services (Bermuda) Limited as administrator.