System 2 Master Fund Limited
System 2 Master Fund Limited is a hedge fund organized in Cayman Islands and advised by System 2 Capital LLP. Its adviser reported $580,844,768 in gross assets for the fund on Form ADV, filed Feb 14, 2024. It reported 50 beneficial owners, about 85% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $580,844,768As reported on Form ADV
- Beneficial owners
- 50
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Cayman Islands
- Auditor
- Grant Thornton Cayman Islands
- Administrator
- Ss&c Financial Services LLC
- Prime broker
- Morgan Stanley & Co. International PLC; Goldman Sachs International; BNP Paribas
- Custodian
- Goldman Sachs International; BNP Paribas
- Adviser
- System 2 Capital LLP · London, United Kingdom · CRD 321192
- Reported on
- Feb 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 System 2 Master Fund Limited
What is the minimum investment for System 2 Master Fund Limited?
According to its adviser's Form ADV filed Feb 14, 2024, the minimum investment System 2 Master Fund Limited accepts is $1,000,000.
Who can invest in System 2 Master Fund Limited?
System 2 Master Fund Limited 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 System 2 Master Fund Limited?
Its adviser reported $580,844,768 in gross assets on Form ADV filed Feb 14, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages System 2 Master Fund Limited?
System 2 Master Fund Limited is advised by System 2 Capital LLP, based in London, United Kingdom.
Who are System 2 Master Fund Limited's service providers?
Its Form ADV lists Grant Thornton Cayman Islands as auditor and Ss&c Financial Services LLC as administrator.