Toroa Master Fund

Toroa Master Fund is reported as a hedge fund in Form ADV private-fund disclosures. The adviser is Toroa Management (hk) Limited, based in Hong Kong, Hong Kong.

General hedge fund $100M to $500M $1M to $5M minimum

$354.8Mgross assets

$1.0Mminimum

32owners

3(c)(1)exemption

Disclosure fields

Fund facts

SEC private fund ID805-7559820547

Reference ID269613

JurisdictionCayman Islands

Fund of fundsNo

Master fundYes

Feeder fundNo

Non-US ownership77%

Assets valued100%

Annual auditYes

GAAPNo

Source periodMarch 2026

Date submitted03/23/2026

Adviser

Toroa Management (hk) Limited

TypeExempt reporting adviser

SEC number802-121964

CRD315295

Regulatory AUM$0

Compliance signals

Exempt from registration Sales limited Prime brokers reported Custodians reported

Service providers

Reported counterparties

General partners

Karvan Wong - DirectorStacey Kirkconnell - DirectorStephen Rooney - Director

Auditors

PRICEWATERHOUSECOOPERS

Prime brokers

MORGAN STANLEY & CO. INTERNATIONAL PLC.UBS AG, LONDON BRANCHMERRILL LYNCH INTERNATIONAL

Custodians

MERRILL LYNCH INTERNATIONALNORTHERN TRUST INTERNATIONAL BANKING CORPORATIONMORGAN STANLEY & CO. INTERNATIONAL PLC.UBS AG, LONDON BRANCH

Administrators

MORGAN STANLEY FUND SERVICES (CAYMAN) LTD.