Merganser Floating Rate Bond Fund LLC
Other Private FundFund ID 805-7009106257Delaware, United States
Gross assets
$71.5M
Min. investment
$1M
Beneficial owners
3
Size rank
Top 49%
Audited
Yes
Structure
Standalone
About this fund
Merganser Floating Rate Bond Fund LLC is a other private fund managed by Merganser Capital Management, LLC. The fund reports $71.5 million in gross assets, placing it among the top 49% 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 ID | 805-7009106257 |
| Fund type | Other Private Fund — POOLED INVESTMENT FUND |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| 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 |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 99% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Merganser Short Term Bond Fund LLC | Other Private | $239.6M |
| Merganser Core Bond Fund II | Other Private | $170.7M |
| Merganser Short Income Fund, LLC | Other Private | $52.8M |
Frequently asked questions
How large is Merganser Floating Rate Bond Fund LLC?
Merganser Floating Rate Bond Fund LLC reports $71.5 million in gross assets, among the top 49% of private funds by size.
What is the minimum investment for Merganser Floating Rate Bond Fund LLC?
The stated minimum investment is $1 million.
Who manages Merganser Floating Rate Bond Fund LLC?
Merganser Floating Rate Bond Fund LLC is managed by Merganser Capital Management, LLC.
Does Merganser Floating Rate Bond Fund LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
M
Boston, MA
Service providers
Reported gross assets
$71.5M▼ 29%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 49%
Larger than 51% of 67,041 private funds
Gross assets vs Other Private FundsTop 48%
Larger than 52% of 8,892 other private funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons4%
Funds of funds%
Non-U.S. persons4%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.