Velan Capital Master Fund LP
Hedge FundFund ID 805-7041880726Cayman Islands
Gross assets
$256.1M
Min. investment
$1M
Beneficial owners
23
Size rank
Top 27%
Audited
Yes
Structure
Master
About this fund
Velan Capital Master Fund LP is a hedge fund managed by Avego Management, LLC. The fund reports $256.1 million in gross assets, placing it among the top 27% 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 ID | 805-7041880726 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Avego Healthcare Capital Fund II, L.P. | Private Equity | $366.4M |
| Avego Healthcare Capital, L.P. | Private Equity | $162.2M |
| Avego Bioscience Capital, L.P. | Venture Capital | $92.4M |
See all 6 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Velan Capital Master Fund LP?
Velan Capital Master Fund LP reports $256.1 million in gross assets, among the top 27% of private funds by size.
What is the minimum investment for Velan Capital Master Fund LP?
The stated minimum investment is $1 million.
Who manages Velan Capital Master Fund LP?
Velan Capital Master Fund LP is managed by Avego Management, LLC.
Does Velan Capital Master Fund LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
A
Alpharetta, GA
Service providers
Reported gross assets
$256.1M▲ 44%
Jan '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 27%
Larger than 73% of 67,041 private funds
Gross assets vs Hedge FundsTop 38%
Larger than 62% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons97%
Funds of funds%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.