Tenaron Capital Relative Value Master Fund Ltd.
Hedge FundFund ID 805-2921700228Cayman Islands
Gross assets
$54.75B
Min. investment
$10M
Beneficial owners
23
Size rank
Top 1%
Audited
Yes
Structure
Master
About this fund
Tenaron Capital Relative Value Master Fund Ltd. is a hedge fund managed by Tenaron Capital Management LP. The fund reports $54.7 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $10 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 | 805-2921700228 |
| 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 |
|---|---|---|
| Tenaron Capital Macro Master Fund Ltd. | Hedge | $1.67B |
Frequently asked questions
How large is Tenaron Capital Relative Value Master Fund Ltd.?
Tenaron Capital Relative Value Master Fund Ltd. reports $54.7 billion in gross assets, among the top 1% of private funds by size.
What is the minimum investment for Tenaron Capital Relative Value Master Fund Ltd.?
The stated minimum investment is $10 million.
Who manages Tenaron Capital Relative Value Master Fund Ltd.?
Tenaron Capital Relative Value Master Fund Ltd. is managed by Tenaron Capital Management LP.
Does Tenaron Capital Relative Value Master Fund Ltd. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
T
New York, NY
Service providers
Prime broker
Custodian
Administrator
Auditor
Reported gross assets
$54.75B▲ 44%
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 1%
Larger than 99% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum
Investor base
Adviser & related persons4%
Funds of funds29%
Non-U.S. persons96%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.