Hatteras Core Alternatives TEI Institutional Fund, L.P.
|
Schedule of Investments |
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June 30, 2021 (Unaudited)
|
||||||
Hatteras Core Alternavitves TEI Institutional Fund, L.P. (1)
|
||||||
Investments in Hatteras Master Fund, L.P., at Value - (100.12%)
|
$ 147,270,802
|
|||||
Liabilities in Excess of Other Assets - (0.12%)
|
(173,919)
|
|||||
Partners’ Capital — (100.00%)
|
$ 147,096,883
|
|||||
(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
|
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June 30, 2021 (Unaudited)
|
|||||||
Investments in Adviser Funds — (98.76%)
|
Shares
|
Cost
|
Fair Value
|
||||
Event Driven — (4.94%)
|
|||||||
Harbinger Capital Partners Fund I, L.P. (Acquired 10/1/2007)(a)(b)(c)(d)
|
11,188,444
|
91,849
|
|||||
Harbinger Credit Distressed Blue Line Fund, L.P. (Acquired 4/1/2010)(a)(b)(c)(e)
|
12,326,927
|
1,522,447
|
|||||
King Street Capital, L.P. (Acquired 12/1/2017)(a)(b)(c)(e)
|
614,414
|
574,530
|
|||||
SGOF Liquidating Master LTD. (Acquired 6/30/2020) (a)(b)(c)(d)
|
415,757
|
823,247
|
|||||
Sculptor Asia Domestic Partners, L.P. (Acquired 1/1/2006)(a)(b)(c)(d)
|
1,511
|
503
|
|||||
Third Point Partners Qualified, L.P. (Acquired 8/1/2017)(a)(b)(c)(e)
|
7,952,500
|
12,229,416
|
|||||
Total Event Driven
|
32,499,553
|
15,241,992
|
|||||
Long Short Equity — (0.98%)
|
|||||||
PIPE Equity Partners (Acquired 10/1/2004)(a)(b)(c)
|
3,845,244
|
134
|
|||||
PIPE Select Fund, LLC (Acquired 10/1/2004)(a)(b)(c)
|
3,218,604
|
2,155,093
|
|||||
Valiant Capital Partners, L.P. (Acquired 9/1/2008)(a)(b)(c)(e)
|
354,270
|
874,643
|
|||||
Total Long Short Equity
|
7,418,118
|
3,029,870
|
|||||
Macro — (4.45%)
|
|||||||
Aspect US Fund LLC - Diversified Class (Acquired 10/10/2017)(a)(b)(e)
|
5,939,109
|
6,563,385
|
|||||
Graham Absolute Return Trading Ltd. (Acquired 12/1/2017)(a)(b)(e)
|
6,507,802
|
7,082,076
|
|||||
Touradji Private Equity Onshore Fund, LTD. (Acquired 3/1/2009)(a)(b)(c)(d)(i)
|
1,773,870
|
98,980
|
|||||
Total Macro
|
14,220,781
|
13,744,441
|
|||||
Relative Value — (3.75%)
|
|||||||
BDCM Partners I, L.P. (Acquired 2/1/2012)(a)(b)(c)
|
3,659,061
|
3,319,492
|
|||||
D.E. Shaw Composite Fund, LLC (Acquired 4/1/2006) (a)(b)(c)
|
123,745
|
137,101
|
|||||
Drawbridge Special Opportunities Fund, L.P. (Acquired 4/1/2006)(a)(b)(c)
|
154,567
|
177,943
|
|||||
HBK Multi-Strategy Fund, L.P. (Acquired 7/1/2017)(a)(b)(c)(e)
|
6,612,983
|
7,909,064
|
|||||
Stark Investments, L.P. (Acquired 11/1/2010)(a)(b)(c)
|
50,084
|
16,807
|
|||||
Stark Select Asset Fund, LLC (Acquired 2/1/2010)(a)(b)(c)
|
19,907
|
17,768
|
|||||
Total Relative Value
|
10,620,347
|
11,578,175
|
|||||
Private Investments — (84.64%)
|
|||||||
ABRY Advanced Securities Fund III, L.P. (Acquired 6/1/2014)(a)(b)(d)
|
3,223,741
|
2,880,053
|
|||||
ABRY Advanced Securities Fund, L.P. (Acquired 8/1/2008)(a)(b)(d)
|
229,936
|
83,483
|
|||||
ABRY Partners VI, L.P. (Acquired 3/3/2008)(a)(b)
|
1,447,267
|
147,691
|
|||||
ABRY Partners VII, L.P. (Acquired 11/8/2011)(a)(b)
|
1,852,727
|
1,401,312
|
|||||
ABRY Partners VIII, L.P. (Acquired 5/1/2015)(b)(d)
|
1,318,962
|
1,298,746
|
|||||
Accel-KKR Capital Partners III, L.P. (Acquired 9/30/2008)(a)(b)
|
-
|
31,855
|
|||||
Accel-KKR Capital Partners IV, L.P. (Acquired 7/1/2013)(b)
|
1,720,664
|
3,045,181
|
|||||
Angeles Equity Partners I, L.P. (Acquired 1/11/2016)(b)(e)
|
898,942
|
1,299,097
|
|||||
Arclight Energy Partners Fund V, L.P. (Acquired 7/1/2006)(a)(b)
|
2,472,811
|
1,399,155
|
|||||
Ascendent Capital Partners I, L.P. (Acquired 7/1/2012)(b)(d)(e)
|
1,037,699
|
398,095
|
|||||
BDCM Opportunity Fund II, L.P. (Acquired 3/1/2006)(b)(e)
|
1,167,846
|
562,862
|
|||||
Benson Elliot Real Estate Partners II, L.P. (Acquired 6/1/2006)(a)(b)(g)
|
2,644,874
|
93,840
|
|||||
Cadent Energy Partners II, L.P. (Acquired 2/1/2008)(b)(e)
|
4,667,188
|
2,870,163
|
|||||
Canaan Natural Gas Fund X, L.P. (Acquired 8/7/2008)(a)(b)(i)
|
6,152,301
|
-
|
|||||
CDH Fund IV, L.P. (Acquired 7/13/2010)(b)(d)
|
1,035,991
|
2,146,916
|
|||||
China Special Opportunities Fund III, L.P. (Acquired 1/18/2011)(b)(d)
|
3,963,968
|
4,048,731
|
|||||
Claremont Creek Ventures II, L.P. (Acquired 11/22/2008)(a)(b)
|
2,946,392
|
1,403,240
|
|||||
Claremont Creek Ventures, L.P. (Acquired 12/1/2005)(a)(b)
|
1,476,005
|
8,777
|
|||||
Colony Investors VII, L.P. (Acquired 3/1/2006)(a)(b)
|
2,221,355
|
31,700
|
|||||
Colony Investors VIII, L.P. (Acquired 10/12/2006)(b)
|
6,143,940
|
150,800
|
|||||
Crosslink Crossover Fund V, L.P. (Acquired 3/1/2007)(a)(b)
|
234,054
|
340,332
|
|||||
Crosslink Crossover Fund VI, L.P. (Acquired 5/31/2011)(a)(b)
|
2,252,139
|
6,044,838
|
|||||
CX Partners Fund LTD. (Acquired 4/1/2009)(b)(d)
|
1,963,959
|
1,825,960
|
|||||
Dace Ventures I, L.P. (Acquired 6/1/2007)(a)(b)
|
2,300,695
|
924,690
|
|||||
Darwin Private Equity I, L.P. (Acquired 8/1/2007)(b)(g)
|
4,723,624
|
598,162
|
|||||
EMG AE Permian Co-Investment, L.P. (Acquired 7/1/2014)(a)(b)(e)
|
3,000,000
|
-
|
|||||
EMG Ascent 2016, L.P. (Acquired 12/28/2015)(a)(b)(e)
|
4,203,815
|
5,051,603
|
|||||
EMG Ascent Secondary Fund, L.P. (Acquired 9/7/2017)(a)(b)(e)
|
116,829
|
168,192
|
|||||
EMG Investment, LLC (Acquired 12/21/2010)(b)(e)
|
-
|
555
|
|||||
EnerVest Energy Institutional Fund X-A, L.P. (Acquired 6/1/2005)(a)(b)
|
2,155,939
|
5,112
|
|||||
EnerVest Energy Institutional Fund XI-A, L.P. (Acquired 4/1/2007)(a)(b)
|
6,143,719
|
25,685
|
|||||
Fairhaven Capital Partners, L.P. (Acquired 3/1/2008)(a)(b)(e)
|
4,526,074
|
1,575,091
|
|||||
Florida Real Estate Value Fund, L.P. (Acquired 11/12/2010)(b)
|
-
|
8,372
|
|||||
Forum European Realty Income III, L.P. (Acquired 2/1/2008)(b)(d)
|
1,945,475
|
211,058
|
|||||
Garrison Opportunity Fund, LLC (Acquired 1/12/2010)(a)(b)
|
-
|
160,531
|
|||||
Garrison Opportunity Fund II A, LLC (Acquired 3/8/2011)(a)(b)
|
-
|
937,184
|
|||||
Gavea Investment Fund II, L.P. (Acquired 5/1/2007)(a)(b)(d)
|
-
|
19,623
|
|||||
Gavea Investment Fund III, L.P. (Acquired 9/18/2008)(a)(b)(d)
|
-
|
103,778
|
|||||
Glade Brook Private Investors III LLC (Acquired 11/1/2014)(a)(b)(e)
|
3,198,543
|
2,620,531
|
|||||
Glade Brook Private Opportunities Fund, LLC (Acquired 5/1/2015)(a)(b)(e)
|
586,393
|
462,797
|
|||||
Glade Brook Private Investors X LLC (Acquired 11/08/2017)(a)(b)
|
-
|
-
|
|||||
Great Point Partners I, L.P. (Acquired 4/1/2006)(a)(b)
|
985,634
|
252,821
|
|||||
Greenfield Acquisition Partners V,L.P. (Acquired 4/1/2008)(b)
|
2,331,247
|
53,026
|
|||||
GTIS Brazil Real Estate Fund, L.P. (Acquired 7/25/2008)(b)(e)
|
6,052,585
|
3,920,842
|
|||||
Halifax Capital Partners II, L.P. (Acquired 8/1/2012)(b)
|
1,690
|
47,778
|
|||||
Halifax Capital Partners III, L.P. (Acquired 8/1/2012)(b)
|
3,247,780
|
3,203,607
|
|||||
Hancock Park Capital III, L.P. (Acquired 3/1/2006)(a)(b)
|
808,899
|
183,363
|
|||||
Intervale Capital Fund, L.P. (Acquired 2/1/2008)(a)(b)
|
2,436,356
|
2,360,147
|
|||||
J.C. Flowers III, L.P. (Acquired 10/1/2009)(b)(d)
|
3,413,082
|
1,059,835
|
|||||
L C Fund V, L.P. (Acquired 7/1/2011)(b)(d)
|
2,608,970
|
3,009,335
|
|||||
Light Street Argon, L.P. (Acquired 5/1/2014)(a)(b)(e)
|
757,340
|
969,368
|
|||||
Light Street SPVH, L.P. (Acquired 8/25/2015)(a)(b)(e)
|
2,000,000
|
2,273,687
|
|||||
Lighthouse Capital Partners VI, L.P. (Acquired 2/1/2007)(a)(b)
|
83,588
|
9,475
|
|||||
Lyfe Capital Fund, L.P. (Acquired 11/6/2015)(b)(d)
|
2,163,428
|
5,044,695
|
|||||
Merit Energy Partners F-II, L.P. (Acquired 3/1/2006)(a)(b)
|
1,065,656
|
191,224
|
|||||
Mid Europa Fund III, L.P. (Acquired 10/1/2007)(b)(h)
|
3,329,845
|
9,823
|
|||||
Monomoy Capital Partners III, L.P. (Acquired 5/6/2011)(b)
|
2,094,359
|
1,961,427
|
|||||
Natural Gas Partners IX, L.P. (Acquired 12/1/2005)(b)
|
564,297
|
326,132
|
|||||
New Horizon Capital III, L.P. (Acquired 1/1/2009)(b)(d)
|
783,906
|
1,971,254
|
|||||
NGP Energy Technology Partners II, L.P. (Acquired 1/23/2009)(b)
|
3,383,433
|
1,565,122
|
|||||
NGP Midstream & Resources Follow-On Fund, L.P. (Acquired 10/7/2007)(b)
|
649,307
|
1,427,440
|
|||||
NGP Midstream & Resources, L.P. (Acquired 10/7/2007)(b)
|
2,507,471
|
435,242
|
|||||
Northstar Equity Partners III Limited (Acquired 6/1/2011)(b)(d)(e)
|
2,931,496
|
2,369,576
|
|||||
ORBIS Real Estate Fund I, L.P. (Acquired 11/1/2006)(a)(b)(f)
|
2,254,564
|
277,437
|
|||||
Orchid Asia IV, L.P. (Acquired 8/1/2007)(b)(d)(e)
|
2,523,435
|
25,520,286
|
|||||
Patron Capital III, L.P. (Acquired 3/1/2007)(b)(g)
|
3,654,448
|
281,072
|
|||||
Phoenix Asia Real Estate Investments L.P. (Acquired 9/24/2007)(a)(b)(d)
|
2,235,211
|
2,128,446
|
|||||
Pine Brook Capital Partners, L.P. (Acquired 2/1/2008)(b)
|
4,596,155
|
610,157
|
|||||
Private Equity Investment Fund IV, L.P. (Acquired 3/1/2006)(a)(b)(e)
|
1,204,730
|
193,460
|
|||||
Private Equity Investment Fund V, L.P (Acquired 4/1/2009)(a)(b)(e)
|
12,442,343
|
6,965,626
|
|||||
Rockwood Capital Real Estate Partners Fund VII, L.P. (Acquired 9/1/2006)(b)
|
2,913,547
|
45,336
|
|||||
Roundtable Healthcare Partners II, L.P. (Acquired 10/29/2010)(a)(b)
|
-
|
1,618
|
|||||
Roundtable Healthcare Partners III, L.P. (Acquired 10/29/2010)(a)(b)(e)
|
4,165,689
|
9,145,001
|
|||||
Saints Capital VI, L.P. (Acquired 4/1/2008)(b)
|
5,286,496
|
855,643
|
|||||
Sanderling Venture Partners VI Co-Investment L.P. (Acquired 5/1/2005)(a)(b)
|
509,878
|
406,183
|
|||||
Sanderling Venture Partners VI, L.P. (Acquired 5/1/2005)(b)
|
687,045
|
634,242
|
|||||
SBC U.S. Fund II, L.P. (Acquired 8/30/2011)(a)(b)
|
2,219,706
|
849,769
|
|||||
Sentient Global Fund IV, L.P. (Acquired 6/1/2011)(a)(b)(e)
|
5,536,592
|
2,235,981
|
|||||
Sentient Global Resources Fund III, L.P. (Acquired 7/21/2008)(b)(d)(e)
|
11,966,779
|
3,391,558
|
|||||
Singerman Real Estate Opportunity Fund, L.P. (Acquired 5/28/2012)(b)
|
1,019,675
|
641,386
|
|||||
Sovereign Capital L.P. III (Acquired 3/22/2010)(b)(g)
|
-
|
1,026,666
|
|||||
Square Mile Partners III, L.P. (Acquired 7/17/2008)(a)(b)
|
1,791,262
|
25,913
|
|||||
Sterling Capital Partners Venture Fund II, L.P. (Acquired 8/1/2005)(a)(b)
|
1,359,210
|
129,317
|
|||||
Sterling Group Partners III, L.P. (Acquired 4/21/2010)(a)(b)
|
2,994,912
|
458,418
|
|||||
Strategic Value Global Opportunities Fund I-A, L.P. (Acquired 11/1/2006)(a)(b)
|
1,836,663
|
1,288,962
|
|||||
Sweetwater Secondaries Fund II LP (Acquired 6/12/2018) (a)(b)(e)
|
19,979,712
|
34,254,441
|
|||||
TDR Capital AS 2013 L.P. (Acquired 12/1/2013)(a)(b)(g)
|
6,184,080
|
21,495
|
|||||
Tenaya Capital V, L.P. (Acquired 7/1/2007)(b)(e)
|
1,962,993
|
1,010,193
|
|||||
The Column Group, L.P. (Acquired 7/7/2007)(a)(b)(e)
|
4,103,265
|
6,756,264
|
|||||
The Energy & Minerals Group Fund II L.P. (Acquired 6/1/2011)(b)(e)
|
4,040,468
|
5,261,440
|
|||||
The Energy & Minerals Group Fund III L.P. (Acquired 10/8/2015)(b)(e)
|
2,918,996
|
1,393,732
|
|||||
The Energy & Minerals Group Fund IV L.P. (Acquired 10/8/2015)(b)(e)
|
1,949,666
|
2,013,767
|
|||||
The Founders Fund III, L.P. (Acquired 5/24/2010)(a)(b)(e)
|
2,874,836
|
22,255,038
|
|||||
The Founders Fund IV, L.P. (Acquired 1/1/2012)(a)(b)(e)
|
1,062,210
|
15,998,999
|
|||||
The Founders Fund VI, L.P. (Acquired 9/1/2017)(a)(b)(e)
|
954,576
|
1,951,633
|
|||||
Tiger Global Private Investments Partners X, L.P. (Acquired 12/31/2016)(b)(d)(e)
|
1,970,347
|
6,083,272
|
|||||
Tiger Global Private Investments Partners VI, L.P. (Acquired 11/8/2010)(b)(d)(e)
|
2,216,261
|
4,563,009
|
|||||
Tiger Global Private Investments Partners VII, L.P. (Acquired 2/24/2012)(b)(d)(e)
|
1,685,545
|
2,475,360
|
|||||
Towers Two Limited (Acquired 9/1/2014)(a)(b)(f)
|
7,419,169
|
12,494,644
|
|||||
TPF II, L.P. (Acquired 10/1/2008)(a)(b)
|
1,814,310
|
177,727
|
|||||
Trivest Fund IV, L.P. (Acquired 11/1/2007)(a)(b)(e)
|
862,306
|
62,558
|
|||||
Trivest Fund V, L.P. (Acquired 5/24/2013)(b)(e)
|
2,177,229
|
2,093,188
|
|||||
Trivest Growth Investment Fund (Acquired 1/17/2017)(b)(e)
|
1,711,920
|
2,305,713
|
|||||
Urban Oil and Gas Partners A-1, L.P. (Acquired 4/29/2010)(a)(b)
|
6,874,263
|
144,000
|
|||||
Urban Oil and Gas Partners B-1, L.P. (Acquired 12/1/2012)(b)
|
2,186,682
|
2,059,715
|
|||||
VCFA Private Equity Partners IV, L.P. (Acquired 3/1/2005)(b)
|
1,027,985
|
107,910
|
|||||
VCFA Venture Partners V, L.P. (Acquired 9/1/2006)(b)
|
2,764,467
|
1,373,640
|
|||||
Voyager Capital Fund III, L.P. (Acquired 5/1/2007)(a)(b)(e)
|
1,580,421
|
628,377
|
|||||
WCP Real Estate Fund I, L.P. (Acquired 4/1/2007)(a)(b)
|
742,933
|
77,654
|
|||||
Westview Capital Partners II, L.P. (Acquired 8/21/2009)(a)(b)
|
1,556,290
|
1,009,575
|
|||||
Zero2IPO China Fund II, L.P. (Acquired 8/8/2008)(a)(b)(d)
|
3,077,026
|
647,916
|
|||||
Total Investments in Private Investments
|
285,070,532
|
261,364,747
|
|||||
Total Investments in Adviser Funds
|
349,829,331
|
304,959,225
|
|||||
Investments in Private Companies — (0.08%)
|
|||||||
Roblox Corporation - Class A
|
238,581
|
260,402
|
|||||
Total Investments in Private Companies
|
238,581
|
260,402
|
|||||
Investments in Mutual Funds — (4.85%)
|
|||||||
Goldman Sachs Absolute Return Tracker Fund - Institutional Class
|
15,000,000
|
14,985,795
|
|||||
Total Invesmtents in Mutual Funds
|
15,000,000
|
14,985,795
|
|||||
Total Investments in Advisor Funds and Securities (103.70%)
|
349,829,331
|
320,205,422
|
|||||
Liabilities in Excess of Other Assets (-3.70%)
|
(11,413,608)
|
||||||
Partners’ Capital — (100.00%)
|
308,791,814
|
||||||
(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, 2021 was $53,311,888 and $29,949,017, 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, 2021 was $177,773,339 and $217,856,916, respectively.
|
|||||||
(f) Domiciled in Mauritius.
|
|||||||
(g) Domiciled in United Kingdom.
|
|||||||
(h) Domiciled in Guernsey.
|
|||||||
(i) Security value is determined using significant unobservable inputs. The fair value of these investments as of June 30, 2021
was $98,980, which reprents 0.03% of partners' capital.
|
Investments at Value
|
Level 1
|
Level 2
|
Level 3
|
Investments
Valued at NAV
|
Total
|
|||||||||||||||
Investments in Adviser Funds
|
||||||||||||||||||||
Event Driven
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
15,241,992
|
$
|
15,241,992
|
||||||||||
Long Short Equity
|
-
|
-
|
-
|
3,029,870
|
3,029,870
|
|||||||||||||||
Macro
|
-
|
-
|
98,980
|
13,645,461
|
13,744,441
|
|||||||||||||||
Relative Value
|
-
|
-
|
-
|
11,578,175
|
11,578,175
|
|||||||||||||||
Private Investments
|
-
|
-
|
-
|
261,364,747
|
261,364,747
|
|||||||||||||||
Investments in Private Companies
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||
Other Financial Instruments
|
||||||||||||||||||||
Private Companies Call Options
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||
Total
|
$
|
-
|
$
|
-
|
$
|
98,980
|
$
|
304,860,245
|
$
|
304,959,225
|
Level 3 Investments
|
Balances as of
March 31, 2021
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Distributions
|
Gross Purchases
|
Gross Sales
|
Balance as of
June 30, 2021
|
|||||||||||||||||||||
Private Investments
|
$
|
98,980
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
98,980
|
||||||||||||||
Private Companies
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||||||||
Total Level 3 Investments
|
$
|
98,980
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
98,980
|
||||||||||||||
Fair Value as of
June 30, 2020
|
Valuation Techniques
|
Unobservable Input
|
||||||
Preferred Stock
|
||||||||
Private Investments
|
$
|
98,980
|
Dilution estimate
|
Partner commitment percentage
|
||||
Private Companies
|
-
|
Current value method
|
Recent round of financing
|
|||||
Total Level 3 Investments
|
$
|
98,980
|
||||||