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Varadero Master Fund, L.P.

Hedge FundFund ID 805-4655664661Cayman Islands
Gross assets
$1.61B
Min. investment
$1M
Beneficial owners
125
Size rank
Top 5%
Audited
Yes
Structure
Master

About this fund

Varadero Master Fund, L.P. is a hedge fund managed by Varadero Capital, L.P.. The fund reports $1.6 billion in gross assets, placing it among the top 5% 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 ID805-4655664661
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 valued92%

Other funds from this manager

FundTypeGross assets
Vc Sh1 Co-Invest, L.P.Other Private$85.1M
Varadero Special Opportunities Master Fund, L.P.Other Private$45.8M
Varadero Employee Partners Program, LLCPrivate Equity$843K

Frequently asked questions

How large is Varadero Master Fund, L.P.?

Varadero Master Fund, L.P. reports $1.6 billion in gross assets, among the top 5% of private funds by size.

What is the minimum investment for Varadero Master Fund, L.P.?

The stated minimum investment is $1 million.

Who manages Varadero Master Fund, L.P.?

Varadero Master Fund, L.P. is managed by Varadero Capital, L.P.

Does Varadero 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

Administrator
Auditor

Reported gross assets

$1.61B▼ 1%
Mar '25 — $1.63BApr '25 — $1.63BMay '25 — $1.63BJun '25 — $1.63BJul '25 — $1.63BAug '25 — $1.63BSep '25 — $1.63BOct '25 — $1.63BNov '25 — $1.63BDec '25 — $1.63BJan '26 — $1.63BFeb '26 — $1.63BMar '26 — $1.61BApr '26 — $1.61BMay '26 — $1.61BJun '26 — $1.61B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 5%
Larger than 95% of 67,041 private funds
Gross assets vs Hedge FundsTop 10%
Larger than 90% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons7%
Funds of funds1%
Non-U.S. persons11%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.