0001752724-21-248909.txt : 20211122 0001752724-21-248909.hdr.sgml : 20211122 20211122142312 ACCESSION NUMBER: 0001752724-21-248909 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211122 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Alternative Investment Partners Absolute Return Fund STS CENTRAL INDEX KEY: 0001343668 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21831 FILM NUMBER: 211431681 BUSINESS ADDRESS: STREET 1: ONE TOWER BRIDGE, 100 FRONT STREET STREET 2: SUITE 1100 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428-2881 BUSINESS PHONE: 610-260-7600 MAIL ADDRESS: STREET 1: ONE TOWER BRIDGE, 100 FRONT STREET STREET 2: SUITE 1100 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428-2881 NPORT-P 1 primary_doc.xml NPORT-P false 0001343668 XXXXXXXX Alternative Investment Partners Absolute Return Fund STS 811-21831 0001343668 549300J2IKBFV0QRHD34 ONE TOWER BRIDGE, 100 FRONT STREET SUITE 1100 WEST CONSHOHOCKEN 19428-2881 610-260-7600 Alternative Investment Partners Absolute Return Fund STS 549300J2IKBFV0QRHD34 2021-12-31 2021-09-30 N 189076149.75 1127738.27 187948411.48 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 215559.75000000 N AIP ABSOLUTE RETURN FUND LDC 549300EBHJPP0IPLBM77 AIP ABSOLUTE RETURN FUND LDC 000000000 93635.83570000 NS USD 188333502.38000000 100.2048918088 Long EC RF US N N/A N N N 2021-10-26 Alternative Investment Partners Absolute Return Fund STS Francis J Smith Francis J Smith Principal Financial Officer XXXX NPORT-EX 2 NPORT_MSE6_IGL_41519032_0921.htm HTML
Item 1.

Schedule of Investments.

The Registrant invests substantially all of its assets in AIP Absolute Return Fund LDC, which in turn invests substantially all of its assets in Alternative Investment Partners Absolute Return Fund (CIK 0001327228, Investment Company Act file number 811-21767, the “Master Fund”). As of September 30, 2021, the Registrant invested $181,638,690 in the Master Fund, representing 100.21% of the Registrant’s net assets (offset by approximately (0.21%) of other assets, less liabilities), and representing 61.32% of the Master Fund’s net assets. The Master Fund has included a schedule of investments as of September 30, 2021, in its filing of Form N-PORT made available on the Securities and Exchange Commission website at http://www.sec.gov.

Notes to Schedule of Investments

Portfolio Valuation

Alternative Investment Partners Absolute Return Fund STS (the “Fund”) is a “Feeder” fund in a “Master-Feeder” structure whereby the Fund invests substantially all of its assets in AIP Absolute Return Fund LDC, which in turn invests substantially all of its assets in the Master Fund. The Fund’s investment in the Master Fund would be considered Level 3 as defined under fair valuation accounting standards. Valuation of Investment Funds and other investments held by the Master Fund, including the Master Fund’s disclosure of investments under the three-tier hierarchy, is discussed in the notes to the Master Fund’s schedule of investments. The Fund records its investment in the Master Fund as fair value which is represented by the Fund’s proportionate indirect interest in the net assets of the Master Fund. The Fund records its pro rata share of the Master Fund’s income, expenses and realized and unrealized gains and losses.