Carronade Capital Master, LP
Carronade Capital Master, LP is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Oct 30, 2026, the fund has sold $100,000,000 of interests to 1 investor since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Carronade Capital GP, LLC; Dan Gropper; Carronade Capital Management, LP.
Performance
No verified returns have been reported for this fund. As a rough guide, Carronade Capital Management, LP, which manages it, disclosed U.S. stock holdings that returned an estimated +11.6% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +94.4% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $100,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 30, 2020
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Carronade Capital GP, LLC; Dan Gropper; Carronade Capital Management, LP
- Latest Form D
- Oct 30, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Carronade Capital Master, LP
What is the minimum investment for Carronade Capital Master, LP?
According to its latest Form D, filed Oct 30, 2026, the minimum investment Carronade Capital Master, LP accepts from an outside investor is $100,000.
Who can invest in Carronade Capital Master, LP?
Carronade Capital Master, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Carronade Capital Master, LP raised?
Carronade Capital Master, LP reports $100,000,000 sold from 1 investor on its Form D filed Oct 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Carronade Capital Master, LP based?
Carronade Capital Master, LP is based in George Town, Grand Cayman, Cayman Islands and is managed by Carronade Capital Management, LP.
When did Carronade Capital Master, LP launch?
Carronade Capital Master, LP reports its first sale in Oct 2020.
Size compared with every hedge fund
Raised more than 49% of the 2,363 hedge funds based in Cayman Islands, and more than 57% of all 10,307 that report sales.
Other funds with the same team
- Carronade Capital Partners, LP$827M
- Carronade Capital Offshore, LP$273M
- Carronade Capital Co-Investments, LP - Series 1$35.0M
- Carronade Capital Partners Concentrated Fund I, LP$5.4M
- Carronade Capital Master Concentrated Fund I, LP$100K
- Carronade Capital Co-Investments SPC, Ltd. - Segregated Portfolio 1$0
- Carronade Capital Offshore Concentrated Fund I, LP$0