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Silvercrest Municipal Advantage Master Fund

Other Private FundFund ID 805-4496347046Delaware, United States
Gross assets
$169.4M
Min. investment
$500K
Beneficial owners
3
Size rank
Top 34%
Audited
Yes
Structure
Master

About this fund

Silvercrest Municipal Advantage Master Fund is a other private fund managed by Silvercrest Asset Management Group LLC. The fund reports $169.4 million in gross assets, placing it among the top 34% of private funds by size. The stated minimum investment is $500,000. 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 ID805-4496347046
Fund typeOther Private Fund — POOLED INVESTMENT VEHICLE
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%

Other funds from this manager

FundTypeGross assets
Silvercrest Municipal Advantage Portfolio SOther Private$163.1M
Silvercrest Jefferson Fund LPHedge$107.5M
Silvercrest International Fund, L.P. - Master SeriesHedge$25.4M
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Frequently asked questions

How large is Silvercrest Municipal Advantage Master Fund?

Silvercrest Municipal Advantage Master Fund reports $169.4 million in gross assets, among the top 34% of private funds by size.

What is the minimum investment for Silvercrest Municipal Advantage Master Fund?

The stated minimum investment is $500,000.

Who manages Silvercrest Municipal Advantage Master Fund?

Silvercrest Municipal Advantage Master Fund is managed by Silvercrest Asset Management Group LLC.

Does Silvercrest Municipal Advantage Master Fund disclose returns?

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

Service providers

Prime broker
Custodian

Reported gross assets

$169.4M▼ 9%
Mar '25 — $185.8MApr '25 — $185.8MMay '25 — $185.8MJun '25 — $185.8MJul '25 — $185.8MAug '25 — $185.8MSep '25 — $185.8MOct '25 — $185.8MNov '25 — $185.8MDec '25 — $185.8MJan '26 — $185.8MFeb '26 — $185.8MMar '26 — $169.4MApr '26 — $169.4MMay '26 — $169.4MJun '26 — $169.4M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 34%
Larger than 66% of 67,041 private funds
Gross assets vs Other Private FundsTop 30%
Larger than 70% of 8,892 other private funds
Minimum investmentTop 50%
Higher than 50% of funds reporting a minimum

Investor base

Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.