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.
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(Alliance News) - Third Point Offshore Investors Ltd on Thursday said its net asset value rose in the first half of the year, with its master fund boosted by equities.
The master fund construction consists of a virtual fund (1st level), Four legal funds (2nd level) and 11 subsegments (3rd level).
Novelion Therapeutics announced that on July 16 the Supreme Court of British Columbia issued its decision in response to the previously announced petition filed by Whitefort Capital Master Fund against Novelion, as respondent, seeking a declaration that Novelion breached section 301 of the Business Corporations Act of British Columbia in entering into a Restructuring Support Agreement, or RSA, with, among others, Aegerion Pharmaceuticals, on May 20 in connection with Aegerion's Chapter 11 plan of reorganization in the United States Bankruptcy Court, Southern District of New York Case No.
irrational capital LLC has announced it has partnered with ValueAct Spring Master Fund, investing in investment vehicles managed by Irrational Capital, the company said.
Le capital de la societe est detenue a hauteur de 63,4% par Ridha Charfeddine, de 12,3% par le Consortium tuniso-koweitien de developpement (CTKD), de 7% par le fonds americain SQM Frontier Africa Master Fund et de 17% par d'autres actionnaires detenant moins de 5%.
A feeder fund is one of several funds that put all investment capital in an 'umbrella' or 'master fund' handled by a professional portfolio manager.
Summary: The SQM FRONTIER AFRICA MASTER FUND LTD investment fund, which held 5.07% of the capital of "Societe des Articles Hygieniques" (SAH) announced that it had crossed the threshold of 5%
ADIA will become the first institutional investor in the NIIF Master Fund and a shareholder in the fund's investment management company - the National Investment and Infrastructure Limited, said the Indian Express report.
Summary: Adia becomes the first institutional investor in NIIF's Master Fund
Summary: Abu Dhabi Investment Authority will become the first institutional investor in NIIF's Master Fund
12 December 2016 - Guernsey closed-ended investment company TFG's Tetragon Financial Group Master Fund Ltd.
by Bloomberg News Those suing include Sonterra Capital Master Fund Ltd., various Frontpoint Financial funds and individual derivatives trader Richard Dennis.