NPORT-EX 2 pmfmastersoi_nportex.htm THE ENDOWMENT PMF MASTER FUND LP JUNE 30 2023 SCHEDULE OF INVESTMENTS

 

THE ENDOWMENT PMF MASTER FUND, L.P.
(A Limited Partnership)
Schedule of Investments
June 30, 2023

(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 (2.75% of Partners’ Capital)                         
Sentient Global Resources Fund III, L.P.   2009         $12,387,341   $3,603,662        
Sentient Global Resources Fund IV, L.P.   2011         9,916,684    2,703,922      
Private Equity (19.86% of Partners’ Capital)                         
ABRY Advanced Securities Fund, L.P.   2008         -    22,211      
Gavea Investment Fund II A, L.P.   2007         -    40,876      
Gavea Investment Fund III A, L.P.   2008         -    181,287      
India Asset Recovery Fund L.P.   2006         -    1,511      
J.C. Flowers III L.P. (2)   2009         6,870,830    992,456      
New Horizon Capital III, L.P. (2)   2008         -    65,605      
Northstar Equity Partners III (2)   2011         2,919,261    1,693,702      
Orchid Asia IV, L.P. (2)   2007         4,834,761    1,704,288      
Reservoir Capital Partners (Cayman), L.P. (2)   2006         169,958    386,855      
Tiger Global Private Investment Partners V, L.P.   2008         6,176,631    6,056,253      
Tiger Global Private Investment Partners VI, L.P.   2010         -    2,791,249      
Trustbridge Partners II, L.P. (2)   2007         4,802,160    3,777,962      
Trustbridge Partners III, L.P. (3)   2008         17,692,549    12,158,122      
Trustbridge Partners IV, L.P.(2)   2011         3,403    15,718,590      
Real Estate (1.84% of Partners’ Capital)                         
Forum European Realty Income III, L.P.   2007         4,466,262    351,340      
Phoenix Asia Real Estate Investments II, L.P.   2006         3,650,617    3,879,143      
                          
Total Cayman Islands             73,890,457    56,129,034      
                          
United Kingdom                         
Private Equity (0.06% of Partners’ Capital)                         
Darwin Private Equity I L.P.   2007         6,816,923    142,787      
Real Estate (0.09% of Partners’ Capital)                         
Benson Elliot Real Estate Partners II, L.P.   2006         1,975,313    36,048      
Patron Capital, L.P. II   2005         674,772    7,005      
Patron Capital, L.P. III   2007         3,254,500    153,884      
                          
Total United Kingdom             12,721,508    339,724      
                          
United States                         
Energy (12.47% of Partners’ Capital)                         
Energy & Minerals Group Fund II, L.P. (2)   2011         11,275,863    13,431,220      
Intervale Capital Fund, L.P.   2007         2,305,488    10,640      
Merit Energy Partners G, L.P. (2)   2008         15,554,441    7,555,659      
Midstream & Resources Follow-On Fund, L.P. (3)   2009         3,459,071    2,419,703      
NGP Energy Technology Partners II, L.P. (2)   2008         3,862,717    1,719,259      
NGP IX Offshore Fund, L.P. (2)   2007         4,181,800    114,839      
NGP Midstream & Resources, L.P.   2007         5,412,496    573,609      
Quantum Parallel Partners V, LP (3)   2008         15,291,693    2,696,648      
TPF II-A, L.P.  (3)   2008         6,612,057    100,922      
Event-Driven (2.32% of Partners’ Capital)                         
BDCM Partners I, L.P. (6)   2019         7,437,015    5,308,937      
Fortelus Special Situations Fund Ltd. (6)   2019         -    11,169      
Private Equity (49.39% of Partners’ Capital)                         
Advent Latin American Private Equity Fund IV-F L.P.   2007         1,095,662    553,971      
Advent Latin American Private Equity Fund V-F L.P.   2010         6,023,757    2,694,016      
BDCM Opportunity Fund II, L.P. (2)   2006         2,732,651    599,314      
Catterton Growth Partners, L.P.   2007         10,514,354    3,421,250      

 

 

Chrysalis Ventures III, L.P.   2006         1,136,664    412,696      
Crosslink Crossover Fund V, L.P.   2007         1,723,592    546,559      
Crosslink Crossover Fund VI, L.P.   2011         -    17,735,612      
Dace Ventures I, LP (3)   2007         1,894,196    749,130      
Fairhaven Capital Partners, L.P.   2007         8,481,555    1,720,803      
Founders Fund III, LP   2010         -    18,982,346      
Founders Fund IV, LP   2012         -    25,891,797      
Garrison Opportunity Fund LLC  (3)   2009         -    9,781      
Garrison Opportunity Fund II A LLC   2010         -    9,002      
HealthCor Partners Fund, L.P. (3)   2007         1,591,100    2,207,400      
MatlinPatterson Global Opportunities Partners III L.P.   2007         4,688,891    2,627      
Middle East North Africa Opportunities Fund, L.P. (6)   2019    3,969    3,969,272    36,724      
Monomoy Capital Partners II, L.P.   2011         5,460,564    1,684,573      
Pine Brook Capital Partners, L.P.   2007         9,523,957    1,272,027      
Pinto America Growth Fund, L.P.   2005         -    71,561      
Private Equity Investment Fund IV, L.P. (3)   2005         3,221,616    468,523      
Private Equity Investment Fund V, L.P. (3)   2009         32,635,067    17,414,657      
Saints Capital VI, L.P. (3)   2008         9,042,256    2,074,265      
Sanderling Venture Partners VI Co-Investment Fund, L.P.   2004         1,146,840    326,633      
Sanderling Venture Partners VI, L.P.   2004         517,676    78,553      
Sterling Capital Partners II, L.P. (2)   2005         1,039,496    62,509      
Strategic Value Global Opportunities Fund I-A, L.P. (3)   2006         157,773    749,135      
Tenaya Capital V, LP (2)   2007         286,205    431,020      
Tenaya Capital VI, LP   2012         4,142,490    4,770,764      
The Column Group, LP   2007         -    4,714,845      
Trivest Fund IV, L.P.(3)   2007         66,650    39,316      
Tuckerbrook SB Global Distressed Fund I, L.P. (3)   2006         434,042    1,577,365      
Valiant Capital Partners LP (6)   2019         2,690,540    1,747,456      
Voyager Capital Fund III, L.P.   2006         1,532,853    320,989      
Real Estate (7.04% of Partners’ Capital)                         
GTIS Brazil Real Estate Fund (Brazilian Real) LP (3)   2008         6,582,606    3,534,152      
Lone Star Real Estate Fund II (U.S.), L.P.   2009         -    20,671      
Monsoon Infrastructure & Realty Co-Invest, L.P. (3)   2008         6,167,911    3,124,740      
Northwood Real Estate Co-Investors LP (2)   2007         1,828,054    2,211,705      
Northwood Real Estate Partners LP (2)   2007         5,941,402    7,055,431      
SBC US Fund II, LP (3)   2011         4,302,697    215,404      
Relative Value (0.24% of Partners’ Capital)                         
King Street Capital, L.P. (2)(6)   2019         10,016    242,070      
Magnetar Capital Fund LP (6)   2020         -    247,647      
PIPE Equity Partners, LLC (4)(5)(6)   2003         17,723,154    -      
PIPE Select Fund, LLC (4)(5)(6)   2009         15,623,045    -      
Stark Select Asset Fund, LLC (6)   2018         -    55,175      
                          
Total United States             249,321,245    164,026,819      
                          
Total Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies             335,933,210    220,495,577    96.06%
                          
Total Investments in Investment Funds(7)             335,933,210    220,495,577    96.06%
                          
Total Investments            $335,933,210   $220,495,577    96.06%

 

The Master Fund’s total outstanding capital commitments to Investment Funds as of June 30, 2023 were $34,823,585. 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, 2023. 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, 2023 was $47,453,042 and $7,649,178, respectively.

(7)Restricted investments as to resale.