Hedge fund profile
Nrma Offshore Fund, Ltd.
Nrma Offshore Fund, Ltd. is reported as a hedge fund in Form ADV private-fund disclosures. The adviser is Net Return Asset Management LLC, based in New York, New York, United States.
$493.5Mgross assets
$1.0Mminimum
37owners
3(c)(7)exemption
Disclosure fields
Fund facts
SEC private fund ID805-5001828528
Reference ID218357
JurisdictionCayman Islands
Fund of fundsNo
Master fundNo
Feeder fundYes
Non-US ownership31%
Assets valued100%
Annual auditYes
GAAPYes
Source periodMarch 2026
Date submitted03/24/2026 03:36:41 PM
Adviser
Net Return Asset Management LLC
TypeRegistered investment adviser
SEC number801-74017
CRD159895
Regulatory AUM$803.3M
Compliance signals
Exempt from registration Sales limitation not marked No prime broker flag Custodians reported
Service providers
Reported counterparties
General partners
Vijayabalan MurugesuSteven Yanis
Auditors
ERNST & YOUNG LTD.
Custodians
MORGAN STANLEY INVESTMENT MANAGEMENT INC.HSBC BANK U.S.A., NATIONAL ASSOCIATION
Administrators
CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED
Marketers
MONNESS CRESPI HARDT & CO., INC.SAXONY SECURITIES, INC.
Same adviser