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MacKay Municipal Credit Opportunities Master Fund, L.P.

Hedge FundFund ID 805-6029565126Delaware, United States
Gross assets
$4.07B
Min. investment
$1M
Beneficial owners
2,672
Size rank
Top 1%
Audited
Yes
Structure
Master

About this fund

MacKay Municipal Credit Opportunities Master Fund, L.P. is a hedge fund managed by MacKay Shields LLC. The fund reports $4.1 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $1 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 ID805-6029565126
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
MacKay Municipal Opportunities Master Fund, L.P.Hedge$2.67B
MacKay Municipal Opportunities Allocation Master Fund LPHedge$1.34B
MacKay Shields Intermediate Bond Fund LPHedge$779.9M
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Frequently asked questions

How large is MacKay Municipal Credit Opportunities Master Fund, L.P.?

MacKay Municipal Credit Opportunities Master Fund, L.P. reports $4.1 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for MacKay Municipal Credit Opportunities Master Fund, L.P.?

The stated minimum investment is $1 million.

Who manages MacKay Municipal Credit Opportunities Master Fund, L.P.?

MacKay Municipal Credit Opportunities Master Fund, L.P. is managed by MacKay Shields LLC.

Does MacKay Municipal Credit Opportunities Master Fund, L.P. disclose returns?

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

Manager

M
New York, NY

Service providers

Administrator
Auditor
Marketer

Reported gross assets

$4.07B▼ 10%
Jan '25 — $4.51BFeb '25 — $4.51BMar '25 — $4.42BApr '25 — $4.42BMay '25 — $4.42BJun '25 — $4.42BJul '25 — $4.42BAug '25 — $4.42BSep '25 — $4.42BOct '25 — $4.42BNov '25 — $4.42BDec '25 — $4.42BJan '26 — $4.42BFeb '26 — $4.42BMar '26 — $4.07BApr '26 — $4.07BMay '26 — $4.07BJun '26 — $4.07B
Jan '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Hedge FundsTop 4%
Larger than 96% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

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