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Cred III Master Fund LP

Real Estate FundFund ID 805-7007601999Delaware, United States
Gross assets
$1B
Min. investment
$100K
Beneficial owners
181
Size rank
Top 8%
Audited
Yes
Structure
Master

About this fund

Cred III Master Fund LP is a real estate fund managed by Canyon Partners Real Estate LLC. The fund reports $1 billion in gross assets, placing it among the top 8% of private funds by size. The stated minimum investment is $100,000. 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 ID805-7007601999
Fund typeReal Estate Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Canyon Laurel Master Fund II L.P.Real Estate$491.4M
Canyon US Real Estate Opportunity Master L.P.Real Estate$413.1M
Ccf IIIReal Estate$257.4M
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Frequently asked questions

How large is Cred III Master Fund LP?

Cred III Master Fund LP reports $1 billion in gross assets, among the top 8% of private funds by size.

What is the minimum investment for Cred III Master Fund LP?

The stated minimum investment is $100,000.

Who manages Cred III Master Fund LP?

Cred III Master Fund LP is managed by Canyon Partners Real Estate LLC.

Does Cred III Master Fund LP disclose returns?

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

Service providers

Prime broker
None reported
Auditor

Reported gross assets

$1B▲ 8%
Mar '25 — $932.7MApr '25 — $932.7MMay '25 — $932.7MJun '25 — $932.7MJul '25 — $932.7MAug '25 — $932.7MSep '25 — $932.7MOct '25 — $932.7MNov '25 — $932.7MDec '25 — $932.7MJan '26 — $932.7MFeb '26 — $932.7MMar '26 — $1BApr '26 — $1BMay '26 — $1BJun '26 — $1B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 8%
Larger than 92% of 67,041 private funds
Gross assets vs Real Estate FundsTop 5%
Larger than 95% of 5,814 real estate funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum

Investor base

Adviser & related persons6%
Funds of funds35%
Non-U.S. persons63%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.