NPORT-EX 2 pmfmaster123122soi_nportex.htm THE ENDOWMENT PMF MASTER FUND LP DECEMBER 31 2022 SCHEDULE OF INVESTMENTS

 

THE ENDOWMENT PMF MASTER FUND, L.P.

(A Limited Partnership)

Schedule of Investments

December 31, 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 (2.34% of Partners’ Capital)                     
Sentient Global Resources Fund III, L.P.  July, 2008 $12,387,341 $3,575,541
Sentient Global Resources Fund IV, L.P. (2) June, 2011 9,916,684 2,953,790
Private Equity (17.39% of Partners’ Capital)                       
ABRY Advanced Securities Fund, L.P.  August, 2008        -    42,681      
CX Partners Fund Ltd. (2)(3)  April, 2009        10,512,844    289,000      
Gavea Investment Fund II A, L.P.  May, 2007        -    42,350      
Gavea Investment Fund III A, L.P.  September, 2008        -    191,507      
India Asset Recovery Fund L.P.  October, 2006        -    1,765      
J.C. Flowers III L.P.  October, 2009        6,985,611    1,086,381      
LC Fund IV, L.P.  May, 2008        7,493,581    347,374      
New Horizon Capital III, L.P. (2)  March, 2009        3,526,056    -      
Northstar Equity Partners III (2)  June, 2011        3,011,449    1,862,550      
Orchid Asia IV, L.P. (2)  November, 2007        4,834,761    1,328,608      
Reservoir Capital Partners (Cayman), L.P. (2)  June, 2009        1,602,522    3,379,981      
Tiger Global Private Investment Partners V, L.P.  January, 2008        6,176,631    5,855,418      
Tiger Global Private Investment Partners VI, L.P.  November, 2010        -    2,712,772      
Trustbridge Partners II, L.P. (2)  December, 2007        4,990,945    3,684,509      
Trustbridge Partners III, L.P. (3)  April, 2009        17,692,549    11,494,102      
Trustbridge Partners IV, L.P.(2)  September, 2011        -    16,141,786      
Real Estate (1.29% of Partners’ Capital)                       
Forum European Realty Income III, L.P.  February, 2008        4,466,262    339,378      
Phoenix Asia Real Estate Investments II, L.P. (3)  September, 2007        3,650,617    3,262,165      
                        
Total Cayman Islands           97,247,853    58,591,658      
                        
Guernsey                       
Private Equity (0.00% of Partners’ Capital)                       
Mid Europa Fund III LP  November, 2007        3,749,029    7,433      
                        
Total Guernsey           3,749,029    7,433      
                        
United Kingdom                       
Private Equity (0.04% of Partners’ Capital)                       
Darwin Private Equity I L.P.  September, 2007        6,816,923    118,621      
Real Estate (0.08% of Partners’ Capital)                       
Benson Elliot Real Estate Partners II, L.P.  August, 2006        1,975,313    26,083      
Patron Capital, L.P. II  February, 2005        674,772    10,033      
Patron Capital, L.P. III  July, 2007        3,254,500    187,692      
                        
Total United Kingdom           12,721,508    342,429      
                        
United States                       
Energy (17.37% of Partners’ Capital)                       
EnCap Energy Capital Fund VII-B LP (2)  October, 2007        7,469,808    -      
EnCap Energy Infrastructure TE Feeder, L.P. (2)(3)  October, 2009        5,535,027    373,859      
Energy & Minerals Group Fund II, L.P. (2)  November, 2011        11,275,863    13,486,560      
Intervale Capital Fund, L.P.  May, 2008        2,305,488    177,383      
Merit Energy Partners G, L.P. (2)  September, 2009        15,973,266    7,809,283      
Midstream & Resources Follow-On Fund, L.P. (2)(3)  March, 2010        3,459,071    3,145,216      
NGP Energy Technology Partners II, L.P. (2)  July, 2009        4,017,505    1,832,474      
NGP IX Offshore Fund, L.P.  March, 2008        4,181,522    193,482      
NGP Midstream & Resources, L.P.  October, 2007        5,412,496    644,419      
Quantum Parallel Partners V, LP (3)  October, 2008        20,217,115    20,621,465      

 

 

TPF II-A, L.P.  (3)  October, 2008        6,612,057    102,507      
Event-Driven (1.91% of Partners’ Capital)                       
BDCM Partners I, L.P. (3)(6)  January, 2011        7,437,015    5,312,593      
                       
Fortelus Special Situations Fund Ltd. (6) May, 2010 - 9,944
Private Equity (48.83% of Partners’ Capital)                      
Advent Latin American Private Equity Fund IV-F L.P.  August, 2007        1,095,662    572,271      
Advent Latin American Private Equity Fund V-F L.P.  May, 2010        7,188,081    5,878,990      
BDCM Opportunity Fund II, L.P. (2)  March, 2006        2,732,651    589,988      
Catterton Growth Partners, L.P.  March, 2008        10,514,354    3,243,200      
Chrysalis Ventures III, L.P.  December, 2006        1,136,664    522,111      
Crosslink Crossover Fund V, L.P.  May, 2007        1,723,592    547,133      
Crosslink Crossover Fund VI, L.P.  March, 2007        -    17,941,158      
Dace Ventures I, LP (3)  June, 2007        1,894,196    813,594      
Fairhaven Capital Partners, L.P.  March, 2008        8,481,555    1,899,724      
Founders Fund III, LP  May, 2010        -    24,165,620      
Founders Fund IV, LP  January, 2012        -    32,361,525      
Garrison Opportunity Fund LLC  (3)  February, 2010        -    56,282      
Garrison Opportunity Fund II A LLC  March, 2011        -    58,786      
HealthCor Partners Fund, L.P. (3)  August, 2007        1,583,797    2,608,164      
MatlinPatterson Global Opportunities Partners III L.P.  July, 2007        4,715,825    29,561      
Middle East North Africa Opportunities Fund, L.P. (6)  July, 2008   3,969    3,969,272    21,806      
Monomoy Capital Partners II, L.P.  May, 2011        5,137,020    3,438,749      
Pine Brook Capital Partners, L.P. (2)  January, 2008        9,532,892    1,435,872      
Pinto America Growth Fund, L.P.  July, 2006        -    104,377      
Private Equity Investment Fund IV, L.P. (3)  July, 2005        3,221,616    390,293      
Private Equity Investment Fund V, L.P. (3)  April, 2009        32,635,067    17,486,119      
Saints Capital VI, L.P. (3)  April, 2008        9,042,256    2,257,009      
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. (2)  August, 2005        1,039,496    60,093      
Sterling Group Partners III, L.P. (2)  April, 2010        3,242,169    8      
Strategic Value Global Opportunities Fund I-A, L.P.  December, 2006        157,773    792,694      
Tenaya Capital V, LP (2)  November, 2007        286,205    465,935      
Tenaya Capital VI, LP  July, 2012        4,516,706    5,527,807      
The Column Group, LP  September, 2007        -    7,976,959      
Trivest Fund IV, L.P.(3)  November, 2007        66,650    39,316      
Tuckerbrook SB Global Distressed Fund I, L.P. (3)  July, 2007        434,042    1,612,002      
Valiant Capital Partners LP (6)  July, 2009        2,690,540    1,862,474      
Voyager Capital Fund III, L.P.  May, 2007        1,532,853    410,799      
Real Estate (7.37% of Partners’ Capital)                       
GTIS Brazil Real Estate Fund (Brazilian Real) LP (3)  July, 2008        6,635,634    3,464,074      
Lone Star Real Estate Fund II (U.S.), L.P.  June, 2011        -    21,871      
Monsoon Infrastructure & Realty Co-Invest, L.P. (3)  February, 2008        9,542,106    6,555,898      
Northwood Real Estate Co-Investors LP (2)  April, 2008        1,818,939    2,573,154      
Northwood Real Estate Partners LP (2)  April, 2008        6,302,730    7,554,022      
SBC US Fund II, LP (3)  June, 2011        4,302,697    325,600      
Relative Value (0.18% of Partners’ Capital)                       
King Street Capital, L.P. (2)(6)  November, 2009        14,723    198,060      
Magnetar Capital Fund LP (3)(6)  February, 2009        -    246,893      
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 (6)  July, 2010        -    60,794      
                        
Total United States           276,094,711    210,751,562      
                        
Total Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies           389,813,101    269,693,082    96.80%
                        
Total Investments in Investment Funds(7)           389,813,101    269,693,082    96.80%
                        
Total Investments          $389,813,101   $269,693,082    96.80%

 

The Master Fund’s total outstanding capital commitments to Investment Funds as of December 31, 2022 were $39,674,369. 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 December 31, 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 December 31, 2022 was $47,457,749 and $7,712,564, respectively.

(7)Restricted investments as to resale.