PPrivate Fund Data
CompaniesFundsPeopleRankingsScreener

The Lucerne Capital Master Fund, L.P.

Hedge FundFund ID 805-3663475870Cayman Islands
Gross assets
$328.5M
Min. investment
$250K
Beneficial owners
65
Size rank
Top 23%
Audited
Yes
Structure
Master

About this fund

The Lucerne Capital Master Fund, L.P. is a hedge fund managed by Lucerne Capital Management, LP. The fund reports $328.5 million in gross assets, placing it among the top 23% of private funds by size. The stated minimum investment is $250,000. 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 ID805-3663475870
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 valued100%

Frequently asked questions

How large is The Lucerne Capital Master Fund, L.P.?

The Lucerne Capital Master Fund, L.P. reports $328.5 million in gross assets, among the top 23% of private funds by size.

What is the minimum investment for The Lucerne Capital Master Fund, L.P.?

The stated minimum investment is $250,000.

Who manages The Lucerne Capital Master Fund, L.P.?

The Lucerne Capital Master Fund, L.P. is managed by Lucerne Capital Management, LP.

Does The Lucerne Capital Master Fund, L.P. 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
Marketer

Reported gross assets

$328.5M▼ 14%
Mar '25 — $381.1MApr '25 — $381.1MMay '25 — $381.1MJun '25 — $381.1MJul '25 — $381.1MAug '25 — $381.1MSep '25 — $381.1MOct '25 — $381.1MNov '25 — $381.1MDec '25 — $381.1MJan '26 — $381.1MFeb '26 — $381.1MMar '26 — $328.5MApr '26 — $328.5MMay '26 — $328.5MJun '26 — $328.5M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 23%
Larger than 77% of 67,041 private funds
Gross assets vs Hedge FundsTop 33%
Larger than 67% of 12,442 hedge funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum

Investor base

Adviser & related persons3%
Funds of funds1%
Non-U.S. persons53%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.