The Hcm Master Fund Limited
Hedge FundFund ID 805-9438084876Cayman Islands
Gross assets
$264.1M
Min. investment
$10M
Beneficial owners
57
Size rank
Top 27%
Audited
Yes
Structure
Master
About this fund
The Hcm Master Fund Limited is a hedge fund managed by Thomas J. Herzfeld Advisors, Inc.. The fund reports $264.1 million in gross assets, placing it among the top 27% 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 | 805-9438084876 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| 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 |
|---|---|---|
| The Hcm Preffered Equity Master Fund Limited | Hedge | $183.6M |
| Saratoga Senior Loan Fund I JV LLC | Securitized Asset | $35.1M |
| Tjha Bb SPV LLC | Hedge | $2.1M |
See all 5 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is The Hcm Master Fund Limited?
The Hcm Master Fund Limited reports $264.1 million in gross assets, among the top 27% of private funds by size.
What is the minimum investment for The Hcm Master Fund Limited?
The stated minimum investment is $10 million.
Who manages The Hcm Master Fund Limited?
The Hcm Master Fund Limited is managed by Thomas J. Herzfeld Advisors, Inc.
Does The Hcm Master Fund Limited disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
T
Miami Beach, FL
Service providers
Prime broker
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$264.1M▼ 32%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 27%
Larger than 73% of 67,041 private funds
Gross assets vs Hedge FundsTop 38%
Larger than 62% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum
Investor base
Adviser & related persons4%
Funds of funds28%
Non-U.S. persons17%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.