Pine River Multi-Strategy Master Fund Ltd.
Hedge FundFund ID 805-1796264097Cayman Islands
Gross assets
$5.91B
Min. investment
$1M
Beneficial owners
12
Size rank
Top 1%
Audited
Yes
Structure
Master
About this fund
Pine River Multi-Strategy Master Fund Ltd. is a hedge fund managed by Pine River Capital Management L.P.. The fund reports $5.9 billion in gross assets, placing it among the top 1% 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 | 805-1796264097 |
| 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 | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Pine River Municipal Master Fund Ltd. | Hedge | $53.9M |
Frequently asked questions
How large is Pine River Multi-Strategy Master Fund Ltd.?
Pine River Multi-Strategy Master Fund Ltd. reports $5.9 billion in gross assets, among the top 1% of private funds by size.
What is the minimum investment for Pine River Multi-Strategy Master Fund Ltd.?
The stated minimum investment is $1 million.
Who manages Pine River Multi-Strategy Master Fund Ltd.?
Pine River Multi-Strategy Master Fund Ltd. is managed by Pine River Capital Management L.P.
Does Pine River Multi-Strategy Master Fund Ltd. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager

Minnetonka, MN
Service providers
Reported gross assets
$5.91B▲ 45%
Mar '25Form ADV, monthlyAug '26
How this fund compares
Gross assetsTop 1%
Larger than 99% of 67,603 private funds
Gross assets vs Hedge FundsTop 3%
Larger than 97% of 12,594 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons27%
Funds of funds73%
Non-U.S. persons3%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.