Master Fund

Master Fund

A mutual fund or other fund that allows a shareholder to have access to other investment vehicles. For example, a master fund may be a fund of funds, which is a mutual fund that invests in other mutual funds. Likewise, it may be a mutual fund in which a feeder fund invests. In the latter case, shares of the feeder fund represent shares in the master fund, which, in turn, represents shares in the underlying securities. Master funds and similar structures are relatively common when the one fund or the other contains tax disadvantages for shareholders that the other fund remedies.
Mentioned in ?
References in periodicals archive ?
Tetragon Financial Group Master Fund Limited Announces Tender Offer to Purchase $60,000,000 of Tetragon Financial Group Limited ("TFG") Non-Voting Shares
PW Partners Atlas Fund III LP ("Atlas Fund III") and HG Vora Special Opportunities Master Fund, Ltd.
83 million (Route One Offshore Master Fund LP) shares in two separate bulk deals on the NSE.
Tetragon Financial Group Limited ("TFG") and Tetragon Financial Group Master Fund Limited (the "Master Fund") Announcement
Listed as plaintiffs are Trilogy Portfolio Company, LLC; Value Realization Fund; Realization Master Fund and Canyon Balanced Master Fund Ltd.
UK-based Barclays Plc (LSE: BARC) has said that it has purchased USD100m in claims on bankrupt Lehman Brothers Holdings, Inc from Fir Tree Value Master Fund LP and another related entity.
GreenMan has also announced the completion of a new three-year, $16 million credit facility with Laurus Master Fund Ltd.
60% of the Fund's total investments was invested in the Master Fund.
As an investor in Brevan Howard Master Fund Limited (the "Master Fund"), the Company has received from International Fund Services, the administrator of the Master Fund, an Investor Transparency Report relating to the Net Asset Value of the Master Fund as at 30 September 2015.
TFG today announced the final results of the "modified Dutch auction" tender offer (the "Offer") by its subsidiary, the Tetragon Financial Group Master Fund Limited (the "Master Fund") to purchase a portion of the outstanding non-voting shares of TFG for a maximum aggregate payment of $50,000,000 in cash.
5m for the Master Fund, which would lead to a future reduction in the company's NAV from that as at September 30, 2013 of between 3.
has completed $9 million in financing with Laurus Master Fund Ltd.