Palomino Master Ltd.
Hedge FundFund ID 805-8711768234British Virgin Islands
Gross assets
$4.68B
Min. investment
$5M
Beneficial owners
50
Size rank
Top 1%
Audited
Yes
Structure
Master
About this fund
Palomino Master Ltd. is a hedge fund managed by Appaloosa LP. The fund reports $4.7 billion in gross assets, placing it among the top 1% 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 | 805-8711768234 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| 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 | 95% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Azteca Partners LLC | Hedge | $15.71B |
Frequently asked questions
How large is Palomino Master Ltd.?
Palomino Master Ltd. reports $4.7 billion in gross assets, among the top 1% of private funds by size.
What is the minimum investment for Palomino Master Ltd.?
The stated minimum investment is $5 million.
Who manages Palomino Master Ltd.?
Palomino Master Ltd. is managed by Appaloosa LP.
Does Palomino Master Ltd. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
A
Short Hills, NJ
Service providers
Reported gross assets
$4.68B▼ 23%
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 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons73%
Funds of funds12%
Non-U.S. persons14%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.