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Banner Ridge Secondary Master Fund V, LP

Private Equity FundFund ID 805-7359771057Delaware, United States
Gross assets
$2.75B
Min. investment
$5M
Beneficial owners
429
Size rank
Top 2%
Audited
Yes
Structure
Master

About this fund

Banner Ridge Secondary Master Fund V, LP is a private equity fund managed by Banner Ridge Partners, LP. The fund reports $2.8 billion in gross assets, placing it among the top 2% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-7359771057
Fund typePrivate Equity Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Banner Ridge Secondary Master Fund IV, LPPrivate Equity$967M
Banner Ridge Secondary Master Fund VI, LPPrivate Equity$808M
Banner Ridge Dsco Fund II, LPPrivate Equity$600.1M
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Frequently asked questions

How large is Banner Ridge Secondary Master Fund V, LP?

Banner Ridge Secondary Master Fund V, LP reports $2.8 billion in gross assets, among the top 2% of private funds by size.

What is the minimum investment for Banner Ridge Secondary Master Fund V, LP?

The stated minimum investment is $5 million.

Who manages Banner Ridge Secondary Master Fund V, LP?

Banner Ridge Secondary Master Fund V, LP is managed by Banner Ridge Partners, LP.

Does Banner Ridge Secondary Master Fund V, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported
Administrator
Auditor

Reported gross assets

$2.75B▲ 19%
Feb '25 — $2.31BMar '25 — $3.09BApr '25 — $3.09BMay '25 — $3.09BJun '25 — $3.09BJul '25 — $3.09BAug '25 — $3.09BSep '25 — $3.09BOct '25 — $3.09BNov '25 — $3.09BDec '25 — $3.09BJan '26 — $3.09BFeb '26 — $3.09BMar '26 — $2.75BApr '26 — $2.75BMay '26 — $2.75BJun '26 — $2.75B
Feb '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 2%
Larger than 98% of 67,041 private funds
Gross assets vs Private Equity FundsTop 2%
Larger than 98% of 31,066 private equity funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons2%
Funds of funds2%
Non-U.S. persons3%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.