MacKay Shields Defensive Bond Arbitrage Fund Ltd.
Hedge FundFund ID 805-9629990342Bermuda
Gross assets
$207M
Min. investment
$5M
Beneficial owners
12
Size rank
Top 31%
Audited
Yes
Structure
Standalone
About this fund
MacKay Shields Defensive Bond Arbitrage Fund Ltd. is a hedge fund managed by MacKay Shields LLC. The fund reports $207 million in gross assets, placing it among the top 31% 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 ID | 805-9629990342 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| 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 |
|---|---|---|
| MacKay Municipal Credit Opportunities Master Fund, L.P. | Hedge | $4.07B |
| MacKay Municipal Opportunities Master Fund, L.P. | Hedge | $2.67B |
| MacKay Municipal Opportunities Allocation Master Fund LP | Hedge | $1.34B |
See all 15 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is MacKay Shields Defensive Bond Arbitrage Fund Ltd.?
MacKay Shields Defensive Bond Arbitrage Fund Ltd. reports $207 million in gross assets, among the top 31% of private funds by size.
What is the minimum investment for MacKay Shields Defensive Bond Arbitrage Fund Ltd.?
The stated minimum investment is $5 million.
Who manages MacKay Shields Defensive Bond Arbitrage Fund Ltd.?
MacKay Shields Defensive Bond Arbitrage Fund Ltd. is managed by MacKay Shields LLC.
Does MacKay Shields Defensive Bond Arbitrage Fund Ltd. 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
Prime broker
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$207M▼ 5%
Jan '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 31%
Larger than 69% of 67,041 private funds
Gross assets vs Hedge FundsTop 43%
Larger than 57% of 12,442 hedge funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons3%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.