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Sts Master Fund, Ltd.

Hedge FundFund ID 805-8438206703Cayman Islands
Gross assets
$1.44B
Min. investment
$3M
Beneficial owners
457
Size rank
Top 5%
Audited
Yes
Structure
Master

About this fund

Sts Master Fund, Ltd. is a hedge fund managed by Deer Park Road Management Company, LP. The fund reports $1.4 billion in gross assets, placing it among the top 5% of private funds by size. The stated minimum investment is $3 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 ID805-8438206703
Fund typeHedge Fund
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 valued92%

Other funds from this manager

FundTypeGross assets
Deer Park 1850 Fund, LPHedge$791.2M
3 Points LPHedge$748.9M
Deer Park Mortgage Opportunity Fund I Master LPPrivate Equity$214.7M
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Frequently asked questions

How large is Sts Master Fund, Ltd.?

Sts Master Fund, Ltd. reports $1.4 billion in gross assets, among the top 5% of private funds by size.

What is the minimum investment for Sts Master Fund, Ltd.?

The stated minimum investment is $3 million.

Who manages Sts Master Fund, Ltd.?

Sts Master Fund, Ltd. is managed by Deer Park Road Management Company, LP.

Does Sts Master Fund, Ltd. disclose returns?

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

Manager

Service providers

Prime broker
None reported
Custodian
Marketer

Reported gross assets

$1.44B▼ 36%
Jan '25 — $2.24BFeb '25 — $2.24BMar '25 — $1.86BApr '25 — $1.86BMay '25 — $1.86BJun '25 — $1.86BJul '25 — $1.86BAug '25 — $1.86BSep '25 — $1.86BOct '25 — $1.86BNov '25 — $1.86BDec '25 — $1.86BJan '26 — $1.86BFeb '26 — $1.86BMar '26 — $1.44BApr '26 — $1.44BMay '26 — $1.44BJun '26 — $1.44B
Jan '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 5%
Larger than 95% of 67,041 private funds
Gross assets vs Hedge FundsTop 11%
Larger than 89% of 12,442 hedge funds
Minimum investmentTop 30%
Higher than 70% of funds reporting a minimum

Investor base

Adviser & related persons15%
Funds of funds3%
Non-U.S. persons54%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.