Hound Partners Variable Beta Master, LP
Hedge FundFund ID 805-7446037131Cayman Islands
Gross assets
$4.52B
Min. investment
$10M
Beneficial owners
67
Size rank
Top 1%
Audited
Yes
Structure
Master
About this fund
Hound Partners Variable Beta Master, LP is a hedge fund managed by Hound Partners, LLC. The fund reports $4.5 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $10 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 ID | 805-7446037131 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Hound Partners Offshore Fund, LP | Hedge | $346.6M |
| Hound Partners 167 Master, LP | Hedge | $12.7M |
Frequently asked questions
How large is Hound Partners Variable Beta Master, LP?
Hound Partners Variable Beta Master, LP reports $4.5 billion in gross assets, among the top 1% of private funds by size.
What is the minimum investment for Hound Partners Variable Beta Master, LP?
The stated minimum investment is $10 million.
Who manages Hound Partners Variable Beta Master, LP?
Hound Partners Variable Beta Master, LP is managed by Hound Partners, LLC.
Does Hound Partners Variable Beta Master, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
H
New York, NY
Service providers
Prime broker
Custodian
Administrator
Auditor
Reported gross assets
$4.52B▲ 25%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Hedge FundsTop 3%
Larger than 97% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum
Investor base
Adviser & related persons9%
Funds of funds6%
Non-U.S. persons41%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.