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Global Exchange L.P. Master Fund

Hedge FundFund ID 805-6408701990Cayman Islands
Gross assets
$12.2M
Min. investment
$100K
Beneficial owners
5
Size rank
Top 76%
Audited
Yes
Structure
Master

About this fund

Global Exchange L.P. Master Fund is a hedge fund managed by Horizon Kinetics Asset Management LLC. The fund reports $12.2 million in gross assets, placing it among the top 76% 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 ID805-6408701990
Fund typeHedge 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 valued100%

Other funds from this manager

FundTypeGross assets
Horizon Kinetics Equity Opportunities Fund LPHedge$622.1M
Polestar Fund LPHedge$412.3M
Horizon Multi-Strategy Fund, LPHedge$199.9M
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Frequently asked questions

How large is Global Exchange L.P. Master Fund?

Global Exchange L.P. Master Fund reports $12.2 million in gross assets, among the top 76% of private funds by size.

What is the minimum investment for Global Exchange L.P. Master Fund?

The stated minimum investment is $100,000.

Who manages Global Exchange L.P. Master Fund?

Global Exchange L.P. Master Fund is managed by Horizon Kinetics Asset Management LLC.

Does Global Exchange L.P. Master Fund disclose returns?

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

Service providers

Prime broker
Custodian
Administrator

Reported gross assets

$12.2MNo change
Mar '26 — $12.2MApr '26 — $12.2MMay '26 — $12.2MJun '26 — $12.2M
Mar '26Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 76%
Larger than 24% of 67,041 private funds
Gross assets vs Hedge FundsTop 86%
Larger than 14% of 12,442 hedge funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum

Investor base

Adviser & related persons48%
Funds of funds%
Non-U.S. persons52%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.