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Thebes Offshore Master Fund, LP

Hedge FundFund ID 805-4737026644Cayman Islands
Gross assets
$1.15B
Min. investment
$1M
Beneficial owners
123
Size rank
Top 7%
Audited
Yes
Structure
Master

About this fund

Thebes Offshore Master Fund, LP is a hedge fund managed by Luxor Capital Group, LP. The fund reports $1.1 billion in gross assets, placing it among the top 7% 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 ID805-4737026644
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%

Other funds from this manager

FundTypeGross assets
Lugard Road Capital Master Fund, LPHedge$1.54B
Qena Capital Partners Offshore Master Fund, LPHedge$402.2M
Luxor Capital Partners, LPHedge$367.3M
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Frequently asked questions

How large is Thebes Offshore Master Fund, LP?

Thebes Offshore Master Fund, LP reports $1.1 billion in gross assets, among the top 7% of private funds by size.

What is the minimum investment for Thebes Offshore Master Fund, LP?

The stated minimum investment is $1 million.

Who manages Thebes Offshore Master Fund, LP?

Thebes Offshore Master Fund, LP is managed by Luxor Capital Group, LP.

Does Thebes Offshore Master Fund, LP disclose returns?

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

Manager

Service providers

Reported gross assets

$1.15B▲ 50%
Jan '25 — $762.2MFeb '25 — $762.2MMar '25 — $1.15BApr '25 — $1.15BMay '25 — $1.15BJun '25 — $1.15BJul '25 — $1.15BAug '25 — $1.15BSep '25 — $1.15BOct '25 — $1.15BNov '25 — $1.15BDec '25 — $1.15BJan '26 — $1.15BFeb '26 — $1.15BMar '26 — $1.15BApr '26 — $1.15BMay '26 — $1.15BJun '26 — $1.15B
Jan '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 7%
Larger than 93% of 67,041 private funds
Gross assets vs Hedge FundsTop 14%
Larger than 86% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons5%
Funds of funds13%
Non-U.S. persons32%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.