NPORT-EX 2 pmfsoi_nportex.htm THE ENDOWMENT PMF MASTER FUND LP JUNE 30 2022 SCHEDULE OF INVESTMENTS

 

THE ENDOWMENT PMF MASTER FUND, L.P.

(A Limited Partnership)

Schedule of Investments

June 30, 2022

(Unaudited)

 

    Initial
Investment
Date (1)		   Shares     Cost     Fair
Value		   % of
Partners’
Capital
Investments in Investment Funds                              
Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies                              
Cayman Islands                              
Energy (2.02% of Partners’ Capital)                              
Sentient Global Resources Fund III, L.P.   July, 2008           $ 12,387,341     $ 3,575,202    
Sentient Global Resources Fund IV, L.P. (2)   June, 2011             9,916,684       3,353,900    
Private Equity (18.58% of Partners’ Capital)                              
ABRY Advanced Securities Fund, L.P.   August, 2008             -       101,436    
CX Partners Fund Ltd. (2)(3)   April, 2009             10,512,845       225,493    
Gavea Investment Fund II A, L.P.   May, 2007             -       40,410    
Gavea Investment Fund III A, L.P.   September, 2008             -       200,996    
India Asset Recovery Fund L.P.   October, 2006             -       1,963    
J.C. Flowers III L.P.   October, 2009             7,020,538       1,378,897    
LC Fund IV, L.P.(2)(3)   May, 2008             7,542,408       416,866    
New Horizon Capital III, L.P. (2)   March, 2009             3,617,394       1,477,904    
Northstar Equity Partners III (2)   June, 2011             3,729,447       3,495,925    
Orchid Asia IV, L.P. (2)   November, 2007             4,866,142       6,658,103    
Reservoir Capital Partners (Cayman), L.P.   June, 2009             1,663,592       2,813,523    
Tiger Global Private Investment Partners V, L.P.   January, 2008             6,176,631       6,047,471    
Tiger Global Private Investment Partners VI, L.P.   November, 2010             -       3,812,997    
Trustbridge Partners II, L.P. (2)   December, 2007             5,272,760       7,329,457    
Trustbridge Partners III, L.P. (2)(3)   April, 2009             17,692,549       12,135,158    
Trustbridge Partners IV, L.P.(2)   September, 2011             -       17,451,786    
Real Estate (1.19% of Partners’ Capital)                              
Forum European Realty Income III, L.P.   February, 2008             4,466,262       359,754    
Phoenix Asia Real Estate Investments II, L.P.   September, 2007             3,650,617       3,711,519    
                               
Total Cayman Islands                 98,515,210       74,588,760    
                               
Guernsey                              
Private Equity (0.00% of Partners’ Capital)                              
Mid Europa Fund III LP   November, 2007             3,749,029       5,045    
                               
Total Guernsey                 3,749,029       5,045    

 

 

United Kingdom                              
Private Equity (0.06% of Partners’ Capital)                              
Darwin Private Equity I L.P.   September, 2007             6,816,923       181,732    
Real Estate (0.07% of Partners’ Capital)                              
Benson Elliot Real Estate Partners II, L.P.   August, 2006             1,975,313       28,253    
Patron Capital, L.P. II   February, 2005             674,772       11,461    
Patron Capital, L.P. III   July, 2007             3,296,972       212,376    
                               
Total United Kingdom                 12,763,980       433,822    
                               
United States                              
Energy (16.57% of Partners’ Capital)                              
ArcLight Energy Partners Fund V, L.P. (2)   December, 2011             2,947,164       831,543    
EnCap Energy Capital Fund VII-B LP (2)   October, 2007             7,469,822       63,835    
EnCap Energy Infrastructure TE Feeder, L.P. (2)(3)   October, 2009             5,561,140       439,873    
Energy & Minerals Group Fund II, L.P. (2)   November, 2011             11,275,863       13,617,518    
Intervale Capital Fund, L.P.   May, 2008             6,281,571       6,393,093    
Merit Energy Partners G, L.P.   September, 2009             16,325,961       8,012,324    
Midstream & Resources Follow-On Fund, L.P. (2)(3)   March, 2010             3,459,071       3,585,286    
NGP Energy Technology Partners II, L.P. (2)   July, 2009             4,154,081       2,092,677    
NGP IX Offshore Fund, L.P. (2)   March, 2008             4,181,522       248,966    
NGP Midstream & Resources, L.P.   October, 2007             5,412,496       707,142    
Quantum Parallel Partners V, LP (3)   October, 2008             20,843,172       20,613,049    
TPF II-A, L.P.  (3)   October, 2008             6,612,057       104,856    
Event-Driven (1.74% of Partners’ Capital)                              
BDCM Partners I, L.P. (3)(6)   January, 2011             7,437,015       5,317,646    
Fortelus Special Situations Fund Ltd. (2)(3)(6)   May, 2010             -       9,944    
Harbinger Capital Partners Special Situations Fund, L.P. (6)   December, 2006             5,080,165       67,702    
Harbinger Streamline Onshore Fund, L.P. (6)   September, 2021             581,264       552,938    
Private Equity (49.16% of Partners’ Capital)                              
Advent Latin American Private Equity Fund IV-F L.P.   August, 2007             1,095,663       583,580    
Advent Latin American Private Equity Fund V-F L.P.   May, 2010             7,188,082       7,366,842    
BDCM Opportunity Fund II, L.P.   March, 2006             2,800,084       779,601    
Catterton Growth Partners, L.P.   March, 2008             10,514,354       3,091,622    
Chrysalis Ventures III, L.P.   December, 2006             1,136,664       510,244    
Crosslink Crossover Fund V, L.P.   May, 2007             1,723,592       547,113    
Crosslink Crossover Fund VI, L.P.   March, 2007             -       18,399,170    
Dace Ventures I, LP (3)   June, 2007             1,971,639       901,155    
Fairhaven Capital Partners, L.P.   March, 2008             8,412,789       1,962,319    
Founders Fund III, LP   May, 2010             -       29,669,430    
Founders Fund IV, LP   January, 2012             -       40,375,287    
Garrison Opportunity Fund LLC  (3)   February, 2010             -       76,566    
Garrison Opportunity Fund II A LLC   March, 2011             -       4,537,377    
HealthCor Partners Fund, L.P. (3)   August, 2007             1,579,075       3,966,310    
MatlinPatterson Global Opportunities Partners III L.P.   July, 2007             4,715,825       31,131    
Middle East North Africa Opportunities Fund, L.P. (3)(6)   July, 2008     3,969       3,969,272       59,259    
Monomoy Capital Partners II, L.P. (2)   May, 2011             5,718,363       9,232,290    
Pine Brook Capital Partners, L.P. (2)   January, 2008             9,532,892       1,414,399    
Pinto America Growth Fund, L.P.   July, 2006             -       1,261,969    
Private Equity Investment Fund IV, L.P. (3)   July, 2005             3,268,516       540,229    
Private Equity Investment Fund V, L.P. (3)   April, 2009             32,635,067       18,497,486    
Saints Capital VI, L.P. (3)   April, 2008             9,096,894       2,207,064    
Sanderling Venture Partners VI Co-Investment Fund, L.P.   June, 2005             1,146,840       491,573    
Sanderling Venture Partners VI, L.P.   June, 2005             517,676       380,019    
Sterling Capital Partners II, L.P.   August, 2005             1,039,496       108,685    
Sterling Group Partners III, L.P.   April, 2010             3,243,621       63,942    
Strategic Value Global Opportunities Fund I-A, L.P.   December, 2006             157,773       1,182,148    
Tenaya Capital V, LP   November, 2007             346,739       623,377    
Tenaya Capital VI, LP   July, 2012             4,516,706       7,467,994    
The Column Group, LP   September, 2007             -       8,232,281    
Trivest Fund IV, L.P.(3)   November, 2007             66,650       40,601    
Tuckerbrook SB Global Distressed Fund I, L.P. (3)   July, 2007             434,042       1,619,723    
Valiant Capital Partners LP (6)   July, 2009             2,690,540       1,566,198    
Voyager Capital Fund III, L.P.   May, 2007             1,532,853       434,875    
Real Estate (7.30% of Partners’ Capital)                              
Cypress Realty VI Limited Partnership   June, 2007             829,119       61,624    
GTIS Brazil Real Estate Fund (Brazilian Real) LP (3)   July, 2008             9,573,524       7,169,096    

 

Lone Star Real Estate Fund II (U.S.), L.P.   June, 2011             -       14,143    
Monsoon Infrastructure & Realty Co-Invest, L.P. (3)   February, 2008             9,542,106       7,163,827    
Northwood Real Estate Co-Investors LP (2)   April, 2008             1,824,572       2,610,786    
Northwood Real Estate Partners LP (2)   April, 2008             6,039,807       7,474,973    
SBC US Fund II, LP (3)   June, 2011             4,302,697       366,249    
Square Mile Partners III LP   April, 2008             3,709,702       117,188    
Relative Value (0.16% of Partners’ Capital)                              
King Street Capital, L.P. (2)(6)   November, 2009             29,198       254,496    
Magnetar Capital Fund LP (3)(6)   February, 2009             -       244,713    
PIPE Equity Partners, LLC (4)(5)(6)   August, 2008             17,723,154       -    
PIPE Select Fund, LLC (4)(5)(6)   September, 2008             15,623,045       -    
Stark Select Asset Fund, LLC (2)(6)   July, 2010             -       60,391    
                               
Total United States                 297,870,995       256,417,737    
                               
Total Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies                 412,899,214       331,445,364   96.85%
                               
Total Investments in Investment Funds(7)                 412,899,214       331,445,364   96.85%
                               
Total Investments               $ 412,899,214     $ 331,445,364   96.85%

 

The Master Fund’s total outstanding capital commitments to Investment Funds as of June 30, 2022 were $41,136,033. For certain Investment Funds for which the Master Fund has a capital commitment, the Master Fund may be allocated its pro-rata share of expenses prior to having to fund a capital call for such expenses. 

 

All investments are non-income producing unless noted otherwise.

 

 

(1)All Investment Funds were received in an in-kind transfer of a portfolio of Investment Funds on March 31, 2014.
(2)Income producing investment.
(3)Affiliated investments for which ownership exceeds 5% of the Investment Fund's capital.
(4)Affiliated investments for which ownership exceeds 25% of the Investment Fund’s capital.
(5)Investment was valued in good faith pursuant to procedures approved by the Board of Directors as of June 30, 2022. The total of all such investments represents 0.00% of partners’ capital.
(6)Investment Funds classified as "Hedge Funds" in the Master Fund's limited partnership agreement. The cost and fair value of these Investment Funds as of June 30, 2022 was $53,133,653 and $8,133,287, respectively.
(7)Restricted investments as to resale.