Surman Master Fund Limited
Hedge FundFund ID 805-9260957010Cayman Islands
Gross assets
$32.5M
Min. investment
$1M
Beneficial owners
4
Size rank
Top 62%
Audited
Yes
Structure
Master
About this fund
Surman Master Fund Limited is a hedge fund managed by Marble Bar Asset Management LLP. The fund reports $32.5 million in gross assets, placing it among the top 62% 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 | 805-9260957010 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lexcor Master Fund | Hedge | $2.7B |
| Navat Master Fund | Hedge | $227.5M |
| Eam Long-Only Emerging Markets Master Fund Limited | Hedge | $193.3M |
Frequently asked questions
How large is Surman Master Fund Limited?
Surman Master Fund Limited reports $32.5 million in gross assets, among the top 62% of private funds by size.
What is the minimum investment for Surman Master Fund Limited?
The stated minimum investment is $1 million.
Who manages Surman Master Fund Limited?
Surman Master Fund Limited is managed by Marble Bar Asset Management LLP.
Does Surman Master Fund Limited 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
Custodian
Administrator
Auditor
Reported gross assets
$32.5M▲ 7%
Aug '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 62%
Larger than 38% of 67,041 private funds
Gross assets vs Hedge FundsTop 75%
Larger than 25% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons48%
Funds of funds3%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.