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Universa Black Swan Protection Protocol LXXVIII L.P.

Hedge FundFund ID 805-1693830590Delaware, United States
Gross assets
$800M
Min. investment
$150M
Beneficial owners
4
Size rank
Top 9%
Audited
Yes
Structure
Standalone

About this fund

Universa Black Swan Protection Protocol LXXVIII L.P. is a hedge fund managed by Universa Investments L.P.. The fund reports $800 million in gross assets, placing it among the top 9% of private funds by size. The stated minimum investment is $150 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 ID805-1693830590
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
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
Teisko L.P.Hedge$6B
Universa Black Swan Protection Protocol LVIII LPHedge$3B
Universa Black Swan Protection Protocol XLIV L.P.Hedge$1.1B
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Frequently asked questions

How large is Universa Black Swan Protection Protocol LXXVIII L.P.?

Universa Black Swan Protection Protocol LXXVIII L.P. reports $800 million in gross assets, among the top 9% of private funds by size.

What is the minimum investment for Universa Black Swan Protection Protocol LXXVIII L.P.?

The stated minimum investment is $150 million.

Who manages Universa Black Swan Protection Protocol LXXVIII L.P.?

Universa Black Swan Protection Protocol LXXVIII L.P. is managed by Universa Investments L.P.

Does Universa Black Swan Protection Protocol LXXVIII L.P. disclose returns?

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

Manager

Reported gross assets

$800M▲ 60%
Mar '25 — $500MApr '25 — $500MMay '25 — $500MJun '25 — $500MJul '25 — $500MAug '25 — $500MSep '25 — $500MOct '25 — $500MNov '25 — $500MDec '25 — $500MJan '26 — $500MFeb '26 — $500MMar '26 — $800MApr '26 — $800MMay '26 — $800MJun '26 — $800M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 9%
Larger than 91% of 67,041 private funds
Gross assets vs Hedge FundsTop 19%
Larger than 81% of 12,442 hedge funds
Minimum investmentTop 1%
Higher than 99% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds9%
Non-U.S. persons82%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.