0001145549-21-029543.txt : 20210525 0001145549-21-029543.hdr.sgml : 20210525 20210525135720 ACCESSION NUMBER: 0001145549-21-029543 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210525 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PMF Fund, L.P. CENTRAL INDEX KEY: 0001597219 IRS NUMBER: 464480561 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22941 FILM NUMBER: 21959444 BUSINESS ADDRESS: STREET 1: 712 W. 34TH STREET STREET 2: SUITE 201 CITY: AUSTIN STATE: TX ZIP: 78705 BUSINESS PHONE: 6302637145 MAIL ADDRESS: STREET 1: 712 W. 34TH STREET STREET 2: SUITE 201 CITY: AUSTIN STATE: TX ZIP: 78705 NPORT-P 1 primary_doc.xml NPORT-P false 0001597219 XXXXXXXX PMF Fund LP 811-22941 0001597219 5493006C6PVCO3OFN773 712 W. 34th Street Suite 201 Austin 78705 5126605146 PMF Fund LP 5493006C6PVCO3OFN773 2021-12-31 2021-03-31 N 146615332.614500000000 10692017.233670000000 135923315.380800000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 N The Endowment PMF Master Fund LP N/A The Endowment PMF Master Fund LP 999999999 136184127.71 OU Other Units USD 136184127.71 100.1918819656 Long RF US Y N/A N N N 2021-04-30 PMF Fund LP /s/ Benjamin Murray Benjamin Murray Principal Financial Officer XXXX NPORT-EX 2 fp0065144_nportex.htm THE ENDOWMENT PMF MASTER FUND L.P. MARCH 31, 2021 SCHEDULE OF INVESTMENTS
THE ENDOWMENT PMF MASTER FUND, L.P.
(A Limited Partnership)
Schedule of Investments
March 31, 2021
(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 (1.85% of Partners’ Capital)                                    
Sentient Global Resources Fund III, L.P.   July, 2008         $ 14,386,923   $ 4,586,091          
Sentient Global Resources Fund IV, L.P. (2)   June, 2011                        11,691,258       4,387,067          
Private Equity (31.07% of Partners’ Capital)                                    
ABRY Advanced Securities Fund, L.P.   August, 2008                               66,444       260,344          
CX Partners Fund Ltd. (2)(3)   April, 2009                        15,915,528       5,675,000          
Gavea Investment Fund II A, L.P.   May, 2007             -       27,338          
Gavea Investment Fund III A, L.P.   September, 2008              -       223,677          
India Asset Recovery Fund L.P.   October, 2006              -       3,354          
J.C. Flowers III L.P.   October, 2009                          7,897,834       2,130,844          
LC Fund IV, L.P.(3)   May, 2008                          8,135,153                      1,059,247          
New Horizon Capital III, L.P. (2)   March, 2009                          6,449,510       7,990,323          
Northstar Equity Partners III (2)   June, 2011                          6,509,082       4,626,209          
Orchid Asia IV, L.P. (2)   November, 2007                          5,246,768       46,458,321          
Reservoir Capital Partners (Cayman), L.P.   June, 2009                          1,827,955       3,040,426          
Tiger Global Private Investment Partners IV, L.P.   March, 2007                          1,182,343       135,037          
Tiger Global Private Investment Partners V, L.P.   January, 2008                          6,176,631       4,839,796          
Tiger Global Private Investment Partners VI, L.P.   November, 2010                          2,672,187       7,847,279          
Trustbridge Partners II, L.P.   December, 2007                          5,317,548       7,109,895          
Trustbridge Partners III, L.P. (3)   April, 2009                        17,572,448       17,144,881          
Trustbridge Partners IV, L.P.(2)   September, 2011                        10,764,112       42,396,949          
Real Estate (0.88% of Partners’ Capital)                                    
Forum European Realty Income III, L.P.   February, 2008                          4,466,262       496,355          
Phoenix Asia Real Estate Investments II, L.P.   September, 2007                          3,875,899       3,801,324          
                                     
Total Cayman Islands                 130,153,885       164,239,757          
                                     
Guernsey                                    
Private Equity (0.02% of Partners’ Capital)                                    
Mid Europa Fund III LP   November, 2007             3,836,887       98,130          
                                     
Total Guernsey                 3,836,887       98,130          
                                     
United Kingdom                                    
Private Equity (0.19% of Partners’ Capital)                                    
Darwin Private Equity I L.P.   September, 2007                          7,117,317       905,825          
Real Estate (0.08% of Partners’ Capital)                                    
Benson Elliot Real Estate Partners II, L.P.   August, 2006                          1,975,313       40,525          
Patron Capital, L.P. II    February, 2005                             734,703       63,819          
Patron Capital, L.P. III   July, 2007             3,369,173       297,823          
                                     
Total United Kingdom                 13,196,506       1,307,992          
                                     
United States                                    
Energy (12.20% of Partners’ Capital)                                    
ArcLight Energy Partners Fund V, L.P.   December, 2011                          4,864,036       3,073,940          
EnCap Energy Capital Fund VII-B LP (2)   October, 2007                          7,837,626       370,978          
EnCap Energy Infrastructure TE Feeder, L.P. (2)(3)   October, 2009                          6,585,255       967,904          
Energy & Minerals Group Fund II, L.P. (2)   November, 2011                        11,052,203       13,401,184          
Intervale Capital Fund, L.P. (2)   May, 2008                          6,214,948       6,190,306          
Merit Energy Partners G, L.P.   September, 2009                        17,251,785       10,885,140          
Midstream & Resources Follow-On Fund, L.P. (3)   March, 2010                          3,459,071       2,938,731          
NGP Energy Technology Partners II, L.P. (2)   July, 2009                          4,232,992       2,012,439          
NGP IX Offshore Fund, L.P.   March, 2008                          4,664,972       971,014          

 

 

 

NGP Midstream & Resources, L.P. (2)   October, 2007                          5,412,496       579,275          
Quantum Parallel Partners V, LP (3)   October, 2008                        24,037,377       17,023,092          
TPF II-A, L.P.  (3)   October, 2008                          7,547,610       862,883          
Event-Driven (2.89% of Partners’ Capital)                                    
BDCM Partners I, L.P. (3)(6)   January, 2011                          7,437,015       4,563,293          
Credit Distressed Blue Line Fund, L.P. (4)(6)   April, 2010                        20,968,888       4,151,861          
Fortelus Special Situations Fund Ltd. (3)(6)   May, 2010                             573,769       3,715,579          
Harbinger Capital Partners Fund I, L.P. (3)(6)   November, 2006                        39,076,697                                   -          
Harbinger Capital Partners Special Situations Fund, L.P. (6)   December, 2006                          5,080,165       68,726          
Harbinger Class L Holdings (U.S.), LLC (6)   July, 2010                               36,255       203,763          
Harbinger Class LS Holdings (U.S.) Trust (6)   May, 2013     3,225                    2,190,547                                   -          
Harbinger Class PE Holdings (U.S.) Trust (6)   July, 2010     4                    1,320,690       1,351,140          
Private Equity (40.30% of Partners’ Capital)                                    
Advent Latin American Private Equity Fund IV-F L.P.   August, 2007                          1,095,662       582,062          
Advent Latin American Private Equity Fund V-F L.P.   May, 2010                          7,568,311       6,697,589          
BDCM Opportunity Fund II, L.P. (2)   March, 2006                          2,800,084       762,273          
Catterton Growth Partners, L.P.   March, 2008                        10,859,721       3,080,685          
Chrysalis Ventures III, L.P.   December, 2006                          1,458,166       771,678          
Crosslink Crossover Fund V, L.P.   May, 2007                          1,723,593       512,144          
Crosslink Crossover Fund VI, L.P.   March, 2007              -       10,177,535          
Dace Ventures I, LP (3)   June, 2007                          1,949,625       709,155          
Fairhaven Capital Partners, L.P.   March, 2008                          8,742,846       3,347,496          
Founders Fund III, LP   May, 2010              -       35,982,855          
Founders Fund IV, LP   January, 2012              -       50,810,326          
Garrison Opportunity Fund LLC  (3)   February, 2010              -       359,464          
Garrison Opportunity Fund II A LLC   March, 2011              -       3,028,488          
HealthCor Partners Fund, L.P. (2)(3)   August, 2007                          1,566,357       3,955,202          
MatlinPatterson Global Opportunities Partners III L.P. (2)   July, 2007                          6,068,357       279,492          
Middle East North Africa Opportunities Fund, L.P. (3)(6)   July, 2008     3,969                    3,969,272       150,429          
Monomoy Capital Partners, L.P.   November, 2006                          4,462,243       2,420          
Monomoy Capital Partners II, L.P. (2)   May, 2011                          6,973,126       8,919,198          
Pine Brook Capital Partners, L.P.   January, 2008                          9,934,141       1,032,715          
Pinto America Growth Fund, L.P.   July, 2006              -       1,139,392          
Private Equity Investment Fund IV, L.P. (3)   July, 2005                          3,362,317                         439,661          
Private Equity Investment Fund V, L.P. (3)   April, 2009                        32,635,067       17,014,196          
Saints Capital VI, L.P. (3)   April, 2008                          9,187,957       1,788,170          
Sanderling Venture Partners VI Co-Investment Fund, L.P.   June, 2005                          1,222,531       667,406          
Sanderling Venture Partners VI, L.P.   June, 2005                             651,745       614,999          
Sterling Capital Partners II, L.P.   August, 2005                          1,039,496       111,451          
Sterling Group Partners III, L.P. (2)   April, 2010                          3,239,994       877,510          
Strategic Value Global Opportunities Fund I-A, L.P.   December, 2006                             157,773       1,513,505          
TAEF Fund, LLC (6)   August, 2008                          2,481,307       3,398,460          
Tenaya Capital V, LP   November, 2007                             816,096       1,246,352          
Tenaya Capital VI, LP   July, 2012                          4,516,706       7,085,289          
The Column Group, LP   September, 2007                          3,116,231       18,960,464          
The Raptor Private Holdings L.P. (6)   January, 2009     1,025                       698,804       117,562          
Trivest Fund IV, L.P.(2)(3)   November, 2007                               66,650       91,842          
Tuckerbrook SB Global Distressed Fund I, L.P. (3)   July, 2007                             434,042       1,151,045          
Valiant Capital Partners LP (6)   July, 2009                          2,717,898       3,250,673          
VCFA Private Equity Partners IV, L.P.   March, 2005                          1,895,552       209,937          
VCFA Venture Partners V, L.P.   January, 2007                          4,901,713       1,057,678          
Voyager Capital Fund III, L.P.   May, 2007                          1,606,277       709,737          
WestView Capital Partners II, L.P. (3)   August, 2009                          4,904,617       3,161,620          
Real Estate (6.23% of Partners’ Capital)                                    
Cypress Realty VI Limited Partnership   June, 2007                          1,543,876       441,911          
Florida Real Estate Value Fund, L.P. (2)(3)   October, 2010              -       14,165          
GTIS Brazil Real Estate Fund (Brazilian Real) LP (2)(3)   July, 2008                        12,117,444       8,975,123          
Lone Star Real Estate Fund II (U.S.), L.P.   June, 2011                                 2,389       124,650          
Monsoon Infrastructure & Realty Co-Invest, L.P. (2)(3)   February, 2008                          9,542,106       8,634,380          
Northwood Real Estate Co-Investors LP (2)   April, 2008                          2,318,096       2,746,399          
Northwood Real Estate Partners LP (2)   April, 2008                          6,384,331       7,139,135          
SBC US Fund II, LP (3)   June, 2011                          4,996,236       2,160,914          
Square Mile Partners III LP   April, 2008                          3,709,702       37,744          
Relative Value (0.13% of Partners’ Capital)                                    
King Street Capital, L.P. (6)   November, 2009              -       292,223          
Magnetar Capital Fund LP (3)(6)   February, 2009              -       257,622          
Magnetar SPV LLC (3)(6)   May, 2008                             179,228       3,007          

 

 

 

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              -       67,026          
                                     
Total United States                 402,808,281       299,993,702          
                                     
Total Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies                 549,995,559       465,639,581       95.84%  
                                     
Passive Foreign Investment Companies                                    
Cayman Companies Limited by Shares, Exempted Companies and Limited Liability Companies                                    
Relative Value (0.08% of Partners’ Capital)                                    
CRC Credit Fund Ltd. (6)   July, 2010     4,331       432,402       374,750          
                                     
Total Cayman Companies Limited by Shares, Exempted Companies and Limited Liability Companies                 432,402       374,750          
                                     
Total Passive Foreign Investment Companies                 432,402       374,750       0.08%  
                                     
Total Investments in Investment Funds(7)             550,427,961   466,014,331       95.92%  
                                     
Investments in Securities                                    
Common Stocks                                    
United States                                    
Other Technology (0.15% of Partners’ Capital)                                    
Eventbrite, Inc.   November, 2007     33,295       742,811       737,817          
                                     
Total Common Stocks                 742,811       737,817          
                                     
Total Investments in Securities                 742,811       737,817       0.15%  
                                     
Total Investments              $ 551,170,772   $ 466,752,148       96.07%  

 

The Master Fund’s total outstanding capital commitments to Investment Funds as of March 31, 2021 were $48,107,270. 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 March 31, 2021. 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 March 31, 2021 was $120,509,136 and $21,966,114, respectively.
(7)Restricted investments as to resale.