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Trf Master Fund (cayman) LP

Hedge FundFund ID 805-7040031940Cayman Islands
Gross assets
$14.6M
Min. investment
$1M
Beneficial owners
3
Size rank
Top 74%
Audited
Yes
Structure
Master

About this fund

Trf Master Fund (cayman) LP is a hedge fund managed by Water Asset Management, LLC. The fund reports $14.6 million in gross assets, placing it among the top 74% 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 ID805-7040031940
Fund typeHedge Fund
3(c)(1) exclusionYes
3(c)(7) exclusionNo
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Water Property Investor LPPrivate Equity$220.3M
Water Property Investor II LPPrivate Equity$169M
Wpi Emporia Coinvestment Fund LPPrivate Equity$104.4M
Wpi Emporia III Coinvestment Fund LPPrivate Equity$83.2M
U.S. Water and Land Investment, L.P.Private Equity$63.7M
Wam Global Water Equity, LPOther Private$36.4M
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Frequently asked questions

How large is Trf Master Fund (cayman) LP?

Trf Master Fund (cayman) LP reports $14.6 million in gross assets, among the top 74% of private funds by size.

What is the minimum investment for Trf Master Fund (cayman) LP?

The stated minimum investment is $1 million.

Who manages Trf Master Fund (cayman) LP?

Trf Master Fund (cayman) LP is managed by Water Asset Management, LLC.

Does Trf Master Fund (cayman) LP 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
Administrator
Auditor

Reported gross assets

$14.6M▼ 15%
Mar '25 — $17.2MApr '25 — $17.2MMay '25 — $17.2MJun '25 — $17.2MJul '25 — $17.2MAug '25 — $17.2MSep '25 — $17.2MOct '25 — $17.2MNov '25 — $17.2MDec '25 — $17.2MJan '26 — $17.2MFeb '26 — $17.2MMar '26 — $14.6MApr '26 — $14.6MMay '26 — $14.6MJun '26 — $14.6M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 74%
Larger than 26% of 67,041 private funds
Gross assets vs Hedge FundsTop 84%
Larger than 16% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons12%
Funds of funds%
Non-U.S. persons58%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.