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Mercator Convergence Fund, LP

Hedge FundFund ID 805-3937492549Cayman Islands
Gross assets
$297.6M
Min. investment
$1M
Beneficial owners
4
Size rank
Top 25%
Audited
Yes
Structure
Master

About this fund

Mercator Convergence Fund, LP is a hedge fund managed by Mercator Management (USA) LP. The fund reports $297.6 million in gross assets, placing it among the top 25% 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 ID805-3937492549
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
Smid Energy Transition Fund LPHedge$35.1M

Frequently asked questions

How large is Mercator Convergence Fund, LP?

Mercator Convergence Fund, LP reports $297.6 million in gross assets, among the top 25% of private funds by size.

What is the minimum investment for Mercator Convergence Fund, LP?

The stated minimum investment is $1 million.

Who manages Mercator Convergence Fund, LP?

Mercator Convergence Fund, LP is managed by Mercator Management (USA) LP.

Does Mercator Convergence Fund, LP disclose returns?

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

Manager

Service providers

Prime broker
Custodian
Administrator

Reported gross assets

$297.6M▲ 22%
Mar '25 — $244MApr '25 — $244MMay '25 — $244MJun '25 — $244MJul '25 — $244MAug '25 — $244MSep '25 — $244MOct '25 — $244MNov '25 — $244MDec '25 — $244MJan '26 — $244MFeb '26 — $244MMar '26 — $297.6MApr '26 — $297.6MMay '26 — $297.6MJun '26 — $297.6M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 25%
Larger than 75% of 67,041 private funds
Gross assets vs Hedge FundsTop 35%
Larger than 65% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons3%
Funds of funds36%
Non-U.S. persons97%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.