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Multicoin Capital Master Fund, LP

Hedge FundFund ID 805-4648757722Cayman Islands
Gross assets
$1.68B
Min. investment
$100K
Beneficial owners
659
Size rank
Top 4%
Audited
Yes
Structure
Master

About this fund

Multicoin Capital Master Fund, LP is a hedge fund managed by Multicoin Capital Management, LLC. The fund reports $1.7 billion in gross assets, placing it among the top 4% of private funds by size. The stated minimum investment is $100,000. 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 ID805-4648757722
Fund typeHedge Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Multicoin Venture Fund III, LPPrivate Equity$687.3M
Multicoin Private Fund V, LPPrivate Equity$184.4M
Multicoin Venture Fund II, LPPrivate Equity$101.1M
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Frequently asked questions

How large is Multicoin Capital Master Fund, LP?

Multicoin Capital Master Fund, LP reports $1.7 billion in gross assets, among the top 4% of private funds by size.

What is the minimum investment for Multicoin Capital Master Fund, LP?

The stated minimum investment is $100,000.

Who manages Multicoin Capital Master Fund, LP?

Multicoin Capital Master Fund, LP is managed by Multicoin Capital Management, LLC.

Does Multicoin Capital 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

$1.68B▼ 44%
Mar '25 — $3.01BApr '25 — $3.01BMay '25 — $3.01BJun '25 — $3.01BJul '25 — $3.01BAug '25 — $3.01BSep '25 — $3.01BOct '25 — $3.01BNov '25 — $3.01BDec '25 — $3.01BJan '26 — $3.01BFeb '26 — $3.01BMar '26 — $1.68BApr '26 — $1.68BMay '26 — $1.68BJun '26 — $1.68B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 4%
Larger than 96% of 67,041 private funds
Gross assets vs Hedge FundsTop 10%
Larger than 90% of 12,442 hedge funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum

Investor base

Adviser & related persons7%
Funds of funds22%
Non-U.S. persons36%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.