Hatteras Core Alternatives TEI Fund, L.P.
|
Schedule of Investments |
||||
June 30, 2020 (Unaudited)
|
|||||
Hatteras Core Alternavitves TEI Fund, L.P. (1)
|
|||||
Investments in Hatteras Master Fund, L.P., at value - (99.90%)
|
$ 55,396,390
|
||||
Assets in excess of other liabilities - (0.10%)
|
56,286
|
||||
Partners’ capital — (100.00%)
|
$ 55,452,676
|
||||
(1) Invests the majority of its assets in Hatteras Master Fund, L.P.
|
|||||
The Schedule of Investments of Hatteras Master Fund, L.P. is included below.
|
Hatteras Master Fund LP
|
Schedule of Investments
|
|||||
June 30, 2020 (Unaudited)
|
||||||
Investments in Adviser Funds — (100.54%)
|
Shares
|
Cost
|
Fair Value
|
|||
Event Driven - (6.08%)
|
||||||
Harbinger Capital Partners Fund I, L.P. (Acquired 10/1/2007)(a)(b)(c)(d)
|
11,188,445
|
394,315
|
||||
Harbinger Credit Distressed Blue Line Fund, L.P. (Acquired 4/1/2010)(a)(b)(c)(e)
|
12,326,927
|
909,171
|
||||
King Street Capital, L.P. (Acquired 12/1/2017)(a)(b)(c)(e)
|
5,486,233
|
5,256,517
|
||||
Perry Partners, L.P. (Acquired 10/1/2007)(a)(b)(c)
|
3,033
|
3,663
|
||||
Sculptor Asia Domestic Partners, L.P. (Acquired 1/1/2006)(a)(b)(c)(d)
|
56,922
|
13,455
|
||||
Third Point Partners Qualified, L.P. (Acquired 8/1/2017)(a)(b)(c)(e)
|
10,611,091
|
10,753,508
|
||||
Total Event Driven
|
39,672,651
|
17,330,629
|
||||
Long Short Equity — (1.13%)
|
||||||
Camcap Resources, L.P. (Acquired 6/1/2007)(a)(b)(c)
|
487,559
|
17,428
|
||||
PIPE Equity Partners (Acquired 10/1/2004)(a)(b)(c)
|
3,845,244
|
120,691
|
||||
PIPE Select Fund, LLC (Acquired 10/1/2004)(a)(b)(c)
|
3,218,604
|
2,261,784
|
||||
The Raptor Private Holdings, L.P. (Acquired 11/1/2005)(a)(b)(c)
|
155,648
|
42,503
|
||||
Valiant Capital Partners, L.P. (Acquired 9/1/2008)(a)(b)(c)(e)
|
354,270
|
790,128
|
||||
Total Long Short Equity
|
8,061,325
|
3,232,534
|
||||
Macro — (5.04%)
|
||||||
Aspect US Fund LLC - Diversified Class (Acquired 10/10/2017)(a)(b)(e)
|
5,939,110
|
6,188,690
|
||||
Graham Absolute Return Trading Ltd. (Acquired 12/1/2017)(a)(b)(e)
|
8,679,089
|
8,010,684
|
||||
Touradji Private Equity Onshore Fund, LTD. (Acquired 3/1/2009)(a)(b)(c)(d)
|
1,773,871
|
197,959
|
||||
Total Macro
|
16,392,070
|
14,397,333
|
||||
Relative Value — (6.52%)
|
||||||
BDCM Partners I, L.P. (Acquired 2/1/2012)(a)(b)(c)
|
6,490,138
|
9,550,669
|
||||
D.E. Shaw Composite Fund, LLC (Acquired 4/1/2006) (a)(b)(c)
|
156,351
|
185,786
|
||||
Drawbridge Special Opportunities Fund, L.P. (Acquired 4/1/2006)(a)(b)(c)
|
172,653
|
200,212
|
||||
HBK Multi-Strategy Fund, L.P. (Acquired 7/1/2017)(a)(b)(c)(e)
|
7,954,390
|
8,590,777
|
||||
Prospect Harbor Credit Partners, L.P. (Acquired 4/1/2008)(a)(b)(c)
|
13,705
|
52,013
|
||||
Stark Investments, L.P. (Acquired 11/1/2010)(a)(b)(c)
|
50,084
|
17,167
|
||||
Stark Select Asset Fund, LLC (Acquired 2/1/2010)(a)(b)(c)
|
19,907
|
20,397
|
||||
Total Relative Value
|
14,857,228
|
18,617,021
|
||||
Private Investments — (81.77%)
|
||||||
ABRY Advanced Securities Fund III, L.P. (Acquired 6/1/2014)(a)(b)(d)
|
3,223,742
|
1,939,069
|
||||
ABRY Advanced Securities Fund, L.P. (Acquired 8/1/2008)(a)(b)(d)
|
256,690
|
100,207
|
||||
ABRY Partners VI, L.P. (Acquired 3/3/2008)(a)(b)
|
1,447,267
|
162,125
|
||||
ABRY Partners VII, L.P. (Acquired 11/8/2011)(a)(b)
|
1,816,101
|
1,047,409
|
||||
ABRY Partners VIII, L.P. (Acquired 5/1/2015)(b)(d)
|
1,970,343
|
2,197,182
|
||||
Accel-KKR Capital Partners III, L.P. (Acquired 9/30/2008)(a)(b)
|
-
|
30,049
|
||||
Accel-KKR Capital Partners IV, L.P. (Acquired 7/1/2013)(b)
|
1,687,042
|
2,771,589
|
||||
Angeles Equity Partners I, L.P. (Acquired 1/11/2016)(b)
|
974,948
|
809,436
|
||||
Arclight Energy Partners Fund V, L.P. (Acquired 7/1/2006)(a)(b)
|
2,904,135
|
1,788,019
|
||||
Ascendent Capital Partners I, L.P. (Acquired 7/1/2012)(b)(d)
|
1,385,007
|
1,801,326
|
||||
BDCM Opportunity Fund II, L.P. (Acquired 3/1/2006)(b)
|
2,022,505
|
4,451,584
|
||||
Benson Elliot Real Estate Partners II, L.P. (Acquired 6/1/2006)(a)(b)(g)
|
3,448,324
|
840,281
|
||||
Cadent Energy Partners II, L.P. (Acquired 2/1/2008)(b)
|
4,797,649
|
3,293,029
|
||||
Canaan Natural Gas Fund X, L.P. (Acquired 8/7/2008)(a)(b)
|
6,152,301
|
532,270
|
||||
CDH Fund IV, L.P. (Acquired 7/13/2010)(b)(d)
|
1,035,991
|
1,992,820
|
||||
China Special Opportunities Fund III, L.P. (Acquired 1/18/2011)(b)(d)
|
4,288,045
|
7,162,530
|
||||
Claremont Creek Ventures II, L.P. (Acquired 11/22/2008)(a)(b)
|
2,946,392
|
1,448,841
|
||||
Claremont Creek Ventures, L.P. (Acquired 12/1/2005)(a)(b)
|
1,476,005
|
9,526
|
||||
Colony Investors VII, L.P. (Acquired 3/1/2006)(a)(b)
|
2,221,355
|
31,000
|
||||
Colony Investors VIII, L.P. (Acquired 10/12/2006)(b)
|
6,143,940
|
155,200
|
||||
Crosslink Crossover Fund V, L.P. (Acquired 3/1/2007)(a)(b)
|
234,054
|
344,559
|
||||
Crosslink Crossover Fund VI, L.P. (Acquired 5/31/2011)(a)(b)
|
2,392,334
|
4,742,671
|
||||
CX Partners Fund LTD. (Acquired 4/1/2009)(b)(d)
|
2,447,681
|
2,070,000
|
||||
Dace Ventures I, L.P. (Acquired 6/1/2007)(a)(b)
|
2,271,989
|
920,750
|
||||
Darwin Private Equity I, L.P. (Acquired 8/1/2007)(b)(g)
|
4,664,569
|
428,745
|
||||
ECP IHS (Mauritius) Limited (Acquired 9/1/2014)(a)(b)(f)
|
7,413,981
|
11,936,737
|
||||
EMG AE Permian Co-Investment, L.P. (Acquired 7/1/2014)(a)(b)
|
3,000,000
|
-
|
||||
EMG Ascent 2016, L.P. (Acquired 12/28/2015)(a)(b)
|
4,203,815
|
5,192,288
|
||||
EMG Ascent Secondary Fund, L.P. (Acquired 9/7/2017)(a)(b)
|
116,829
|
173,924
|
||||
EMG Investment, LLC (Acquired 12/21/2010)(b)
|
-
|
127,595
|
||||
EnerVest Energy Institutional Fund X-A, L.P. (Acquired 6/1/2005)(a)(b)
|
2,155,939
|
4,415
|
||||
EnerVest Energy Institutional Fund XI-A, L.P. (Acquired 4/1/2007)(a)(b)
|
6,143,719
|
76,961
|
||||
Fairhaven Capital Partners, L.P. (Acquired 3/1/2008)(a)(b)
|
4,521,533
|
2,219,439
|
||||
Florida Real Estate Value Fund, L.P. (Acquired 11/12/2010)(b)
|
-
|
201,170
|
||||
Forum European Realty Income III, L.P. (Acquired 2/1/2008)(b)(d)
|
1,993,925
|
298,933
|
||||
Garrison Opportunity Fund, LLC (Acquired 1/12/2010)(a)(b)
|
-
|
262,262
|
||||
Garrison Opportunity Fund II A, LLC (Acquired 3/8/2011)(a)(b)
|
-
|
1,131,714
|
||||
Gavea Investment Fund II, L.P. (Acquired 5/1/2007)(a)(b)(d)
|
7,831
|
16,842
|
||||
Gavea Investment Fund III, L.P. (Acquired 9/18/2008)(a)(b)(d)
|
-
|
114,822
|
||||
Glade Brook Private Investors II L.P. (Acquired 1/27/2014)(a)(b)
|
4,302,378
|
398,688
|
||||
Glade Brook Private Investors III LLC (Acquired 11/1/2014)(a)(b)
|
3,162,845
|
2,610,221
|
||||
Glade Brook Private Opportunities Fund, LLC (Acquired 5/1/2015)(a)(b)
|
1,547,831
|
1,388,962
|
||||
Glade Brook Private Investors X LLC (Acquired 11/08/2017)(a)(b)
|
-
|
2,305
|
||||
Great Point Partners I, L.P. (Acquired 4/1/2006)(a)(b)
|
985,634
|
156,214
|
||||
Greenfield Acquisition Partners V,L.P. (Acquired 4/1/2008)(b)
|
2,331,247
|
73,655
|
||||
GTIS Brazil Real Estate Fund, L.P. (Acquired 7/25/2008)(b)
|
6,529,779
|
4,537,363
|
||||
Halifax Capital Partners III, L.P. (Acquired 8/1/2012)(b)
|
3,244,681
|
1,945,025
|
||||
Hancock Park Capital III, L.P. (Acquired 3/1/2006)(a)(b)
|
808,899
|
164,020
|
||||
Intervale Capital Fund, L.P. (Acquired 2/1/2008)(a)(b)
|
2,415,112
|
2,738,401
|
||||
J.C. Flowers II, L.P. (Acquired 12/23/2015)(b)(d)
|
-
|
39,033
|
||||
J.C. Flowers III, L.P. (Acquired 10/1/2009)(b)(d)
|
4,061,008
|
1,610,551
|
||||
L C Fund V, L.P. (Acquired 7/1/2011)(b)(d)
|
2,936,179
|
4,351,149
|
||||
Light Street Argon, L.P. (Acquired 5/1/2014)(a)(b)
|
757,340
|
1,058,198
|
||||
Light Street SPVH, L.P. (Acquired 8/25/2015)(a)(b)
|
2,000,000
|
2,605,874
|
||||
Lighthouse Capital Partners VI, L.P. (Acquired 2/1/2007)(a)(b)
|
219,968
|
121,590
|
||||
Lyfe Capital Fund, L.P. (Acquired 11/6/2015)(b)(d)
|
2,368,312
|
4,556,539
|
||||
Merit Energy Partners F-II, L.P. (Acquired 3/1/2006)(a)(b)
|
1,099,281
|
300,406
|
||||
Mid Europa Fund III, L.P. (Acquired 10/1/2007)(b)(h)
|
3,394,507
|
141,295
|
||||
Monomoy Capital Partners III, L.P. (Acquired 5/6/2011)(b)
|
1,791,120
|
1,577,140
|
||||
Natural Gas Partners IX, L.P. (Acquired 12/1/2005)(b)
|
564,297
|
176,599
|
||||
New Horizon Capital III, L.P. (Acquired 1/1/2009)(b)(d)
|
927,992
|
1,691,529
|
||||
NGP Energy Technology Partners II, L.P. (Acquired 1/23/2009)(b)
|
3,487,801
|
1,377,425
|
||||
NGP Midstream & Resources Follow-On Fund, L.P. (Acquired 10/7/2007)(b)
|
649,307
|
896,547
|
||||
NGP Midstream & Resources, L.P. (Acquired 10/7/2007)(b)
|
2,589,594
|
362,556
|
||||
Northstar Equity Partners III Limited (Acquired 6/1/2011)(b)(d)
|
3,309,733
|
2,395,002
|
||||
OCM Mezzanine Fund II, L.P. (Acquired 3/1/2006)(b)
|
382,661
|
-
|
||||
Octave Japan Infrastructure Fund I (Acquired 7/1/2014)(a)(b)(i)
|
1,304,398
|
1,228,913
|
||||
ORBIS Real Estate Fund I, L.P. (Acquired 11/1/2006)(a)(b)(f)
|
2,288,670
|
465,403
|
||||
Orchid Asia IV, L.P. (Acquired 8/1/2007)(b)(d)
|
2,523,435
|
18,248,208
|
||||
Patron Capital III, L.P. (Acquired 3/1/2007)(b)(g)
|
3,718,296
|
288,527
|
||||
Phoenix Asia Real Estate Investments L.P. (Acquired 9/24/2007)(a)(b)(d)
|
2,235,211
|
1,974,581
|
||||
Pine Brook Capital Partners, L.P. (Acquired 2/1/2008)(b)
|
4,596,155
|
422,773
|
||||
Private Equity Investment Fund IV, L.P. (Acquired 3/1/2006)(a)(b)
|
1,331,360
|
266,273
|
||||
Private Equity Investment Fund V, L.P (Acquired 4/1/2009)(a)(b)
|
12,442,343
|
7,124,751
|
||||
Rockwood Capital Real Estate Partners Fund VII, L.P. (Acquired 9/1/2006)(b)
|
2,913,547
|
61,120
|
||||
Roundtable Healthcare Partners III, L.P. (Acquired 10/29/2010)(a)(b)
|
4,665,459
|
6,932,217
|
||||
Saints Capital VI, L.P. (Acquired 4/1/2008)(b)
|
5,391,845
|
1,398,798
|
||||
Sanderling Venture Partners VI Co-Investment L.P. (Acquired 5/1/2005)(a)(b)
|
525,136
|
408,452
|
||||
Sanderling Venture Partners VI, L.P. (Acquired 5/1/2005)(b)
|
735,999
|
854,181
|
||||
SBC U.S. Fund II, L.P. (Acquired 8/30/2011)(a)(b)
|
2,628,106
|
1,557,960
|
||||
Sentient Global Fund IV, L.P. (Acquired 6/1/2011)(a)(b)
|
5,527,480
|
1,796,111
|
||||
Sentient Global Resources Fund III, L.P. (Acquired 7/21/2008)(b)(d)
|
11,966,779
|
3,290,666
|
||||
Singerman Real Estate Opportunity Fund, L.P. (Acquired 5/28/2012)(b)
|
980,621
|
763,572
|
||||
Sovereign Capital L.P. III (Acquired 3/22/2010)(b)(g)
|
-
|
1,063,501
|
||||
Square Mile Partners III, L.P. (Acquired 7/17/2008)(a)(b)
|
1,791,262
|
39,663
|
||||
Sterling Capital Partners Venture Fund II, L.P. (Acquired 8/1/2005)(a)(b)
|
1,375,262
|
132,922
|
||||
Sterling Group Partners III, L.P. (Acquired 4/21/2010)(a)(b)
|
3,807,242
|
1,664,056
|
||||
Strategic Value Global Opportunities Fund I-A, L.P. (Acquired 11/1/2006)(a)(b)
|
1,836,663
|
559,781
|
||||
Sweetwater Secondaries Fund II LP (Acquired 6/12/2018) (a)(b)(j)
|
11,619,557
|
20,098,673
|
||||
TDR Capital AS 2013 L.P. (Acquired 12/1/2013)(a)(b)(g)
|
6,184,080
|
24,383
|
||||
Tenaya Capital V, L.P. (Acquired 7/1/2007)(b)
|
2,370,489
|
1,312,147
|
||||
The Column Group, L.P. (Acquired 7/7/2007)(a)(b)
|
4,234,818
|
4,619,653
|
||||
The Energy & Minerals Group Fund II L.P. (Acquired 6/1/2011)(b)
|
4,040,468
|
4,385,367
|
||||
The Energy & Minerals Group Fund III L.P. (Acquired 10/8/2015)(b)
|
2,918,996
|
1,443,348
|
||||
The Energy & Minerals Group Fund IV L.P. (Acquired 10/8/2015)(b)
|
1,839,793
|
1,794,016
|
||||
The Founders Fund III,L.P. (Acquired 5/24/2010)(a)(b)
|
4,277,667
|
17,098,080
|
||||
The Founders Fund IV, L.P. (Acquired 1/1/2012)(a)(b)
|
1,811,920
|
9,811,082
|
||||
The Founders Fund VI, L.P. (Acquired 9/1/2017)(a)(b)
|
960,000
|
1,257,756
|
||||
Tiger Global Private Investments Partners X, L.P. (Acquired 12/31/2016)(b)(d)
|
2,005,944
|
3,207,984
|
||||
Tiger Global Private Investments Partners VI, L.P. (Acquired 11/8/2010)(b)(d)
|
2,216,261
|
3,179,746
|
||||
Tiger Global Private Investments Partners VII, L.P. (Acquired 2/24/2012)(b)(d)
|
1,586,107
|
1,526,011
|
||||
TPF II, L.P. (Acquired 10/1/2008)(a)(b)
|
1,814,310
|
200,796
|
||||
Trivest Fund IV, L.P. (Acquired 11/1/2007)(a)(b)
|
900,258
|
126,091
|
||||
Trivest Fund V, L.P. (Acquired 5/24/2013)(b)
|
2,194,786
|
2,788,344
|
||||
Trivest Growth Investment Fund (Acquired 1/17/2017)(b)
|
1,501,543
|
1,982,032
|
||||
Urban Oil and Gas Partners A-1, L.P. (Acquired 4/29/2010)(a)(b)
|
6,874,263
|
1,400,000
|
||||
Urban Oil and Gas Partners B-1, L.P. (Acquired 12/1/2012)(b)
|
2,384,012
|
1,829,525
|
||||
VCFA Private Equity Partners IV, L.P. (Acquired 3/1/2005)(b)
|
1,051,702
|
102,290
|
||||
VCFA Venture Partners V, L.P. (Acquired 9/1/2006)(b)
|
2,798,624
|
928,032
|
||||
Voyager Capital Fund III, L.P. (Acquired 5/1/2007)(a)(b)
|
1,731,182
|
1,154,158
|
||||
WCP Real Estate Fund I, L.P. (Acquired 4/1/2007)(a)(b)
|
742,933
|
81,169
|
||||
Westview Capital Partners II, L.P. (Acquired 8/21/2009)(a)(b)
|
1,841,054
|
1,495,597
|
||||
Zero2IPO China Fund II, L.P. (Acquired 8/8/2008)(a)(b)(d)
|
3,140,218
|
857,310
|
||||
Total Investments in Private Investments
|
295,481,396
|
233,462,055
|
||||
Total Investments in Adviser Funds
|
374,464,670
|
287,039,572
|
||||
Investments in Private Companies - (0.00%)
|
||||||
Illumitex, Inc., Common Stock (Acquired 6/1/2011)(a)(b)(j)
|
12,278
|
1,499,369
|
-
|
|||
Total Investments in Private Companies
|
1,499,369
|
-
|
||||
Investments in Private Company Call Options - (0.00%)
|
||||||
Illumitex, Inc., Exercise Price $0.03, 10/24/2022 (Acquired 6/1/2011)(a)(b)(j)
|
1,106
|
-
|
-
|
|||
Total Investments in Private Company Call Options
|
-
|
-
|
||||
Total Investments (cost $375,964,039) (100.54%)
|
287,039,572
|
|||||
Liabilities in Excess of Other Assets (-0.54%)
|
(1,551,017)
|
|||||
Partners’ capital — (100.00%)
|
285,488,555
|
|||||
(a) Non-income producing.
|
||||||
(b) Adviser Funds and securities that are issued in private placement transactions may have limited resale or redemptions terms.
|
||||||
(c) The Adviser Fund has imposed gates on or has limited redemptions. The total cost and fair value of these investments as of
|
||||||
June 30, 2020 was $64,365,075 and $39,378,144, respectively.
|
||||||
(d) Domiciled in Cayman Islands.
|
||||||
(e) All or a portion of this position is held in custody by U.S Bank N.A., as collateral for a credit facility.
|
||||||
The total cost and fair value of these investments as of June 30, 2020 was $63,781,375 and $51,588,981, respectively.
|
||||||
(f) Domiciled in Mauritius.
|
||||||
(g) Domiciled in United Kingdom.
|
||||||
(h) Domiciled in Guernsey.
|
||||||
(i) Domiciled in Japan.
|
||||||
(j) Security value is determined using significant unobservable inputs.
|
||||||
Investments at Value
|
Level 1
|
Level 2
|
Level 3
|
Investments
Valued at NAV
|
Total
|
|||||||||||||||
Investments in Adviser Funds
|
||||||||||||||||||||
Event Driven
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
17,330,629
|
$
|
17,330,629
|
||||||||||
Long Short Equity
|
-
|
-
|
-
|
3,232,534
|
3,232,534
|
|||||||||||||||
Macro
|
-
|
-
|
-
|
14,397,333
|
14,397,333
|
|||||||||||||||
Relative Value
|
-
|
-
|
-
|
18,617,021
|
18,617,021
|
|||||||||||||||
Private Investments
|
-
|
-
|
20,098,673
|
213,363,382
|
233,462,055
|
|||||||||||||||
Investments in Private Companies
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||
Other Financial Instruments
|
||||||||||||||||||||
Private Companies Call Options
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||
Total
|
$
|
-
|
$
|
-
|
$
|
20,098,673
|
$
|
266,940,899
|
$
|
287,039,572
|
Level 3 Investments
|
Balances as of
March 31, 2020
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation
|
Distributions
|
Gross
Purchases
|
Gross Sales
|
Balance as of
June 30, 2020
|
|||||||||||||||||||||
Private Investments
|
$
|
21,536,120
|
$
|
-
|
$
|
(1,437,447
|
)
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
20,098,673
|
|||||||||||||
Private Companies
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||||||||
Total Level 3 Investments
|
$
|
21,536,120
|
$
|
-
|
$
|
(1,437,447
|
)
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
20,098,673
|
Type of Level 3 Investment
|
Fair Value as of
June 30, 2020
|
Valuation Techniques
|
Unobservable Input
|
|||||
Preferred Stock
|
||||||||
Private Investments
|
$
|
20,098,673
|
Dilution estimate
|
Partner commitment percentage
|
||||
Private Companies
|
-
|
Current value method
|
Recent round of financing
|
|||||
Total Level 3 Investments
|
$
|
20,098,673
|