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Merewether Cyclicals Master Fund, LP

Hedge FundFund ID 805-3243163024Cayman Islands
Gross assets
$5.14B
Min. investment
$10M
Beneficial owners
234
Size rank
Top 1%
Audited
Yes
Structure
Master

About this fund

Merewether Cyclicals Master Fund, LP is a hedge fund managed by Merewether Investment Management, LP. The fund reports $5.1 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 ID805-3243163024
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%

Frequently asked questions

How large is Merewether Cyclicals Master Fund, LP?

Merewether Cyclicals Master Fund, LP reports $5.1 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for Merewether Cyclicals Master Fund, LP?

The stated minimum investment is $10 million.

Who manages Merewether Cyclicals Master Fund, LP?

Merewether Cyclicals Master Fund, LP is managed by Merewether Investment Management, LP.

Does Merewether Cyclicals Master Fund, LP disclose returns?

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

Service providers

Prime broker
Auditor
Marketer

Reported gross assets

$5.14B▲ 73%
Mar '25 — $2.97BApr '25 — $2.97BMay '25 — $2.97BJun '25 — $2.97BJul '25 — $2.97BAug '25 — $2.97BSep '25 — $2.97BOct '25 — $2.97BNov '25 — $2.97BDec '25 — $2.97BJan '26 — $2.97BFeb '26 — $2.97BMar '26 — $5.14BApr '26 — $5.14BMay '26 — $5.14BJun '26 — $5.14B
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 persons1%
Funds of funds1%
Non-U.S. persons47%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.