# EDGAR Filing Document

**Accession Number:** 0001597218
**File Stem:** 0001145549-23-006452
**Filing Date:** 2023-2
**Character Count:** 50448
**Document Hash:** 8011049376ac32bc9f3db10eea98d165
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006452.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001145549-23-006452

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Endowment PMF Master Fund, L.P.
- **CENTRAL INDEX KEY:** 0001597218
- **IRS NUMBER:** 464482288
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22940
- **FILM NUMBER:** 23620158

**BUSINESS ADDRESS:**
- **STREET 1:** 712 W. 34TH STREET
- **STREET 2:** SUITE 201
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78705
- **BUSINESS PHONE:** 5126605146

**MAIL ADDRESS:**
- **STREET 1:** 712 W. 34TH STREET
- **STREET 2:** SUITE 201
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78705

## Nport-Ex

**THE ENDOWMENT PMF MASTER FUND, L.P.** 

**(A Limited Partnership)** 

**Schedule of Investments** 

**December 31, 2022**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Initial Investment Date <sup>(1)</sup>** | **Shares** | **Cost** | **Fair Value** | **% of Partners' Capital** |
| **Investments in Investment Funds** |  |  |  |  |  |
| Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Cayman Islands |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy (2.34% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sentient Global Resources Fund III, L.P. | &nbsp;&nbsp;July, 2008 |  | $12387341 | $3575541 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sentient Global Resources Fund IV, L.P. <sup>(2)</sup> | &nbsp;&nbsp;June, 2011 |  | 9916684 | 2953790 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity (17.39% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABRY Advanced Securities Fund, L.P. | &nbsp;&nbsp;August, 2008 |  |  | 42681 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CX Partners Fund Ltd. <sup>(2)(3)</sup> | &nbsp;&nbsp;April, 2009 |  | 10512844 | 289000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gavea Investment Fund II A, L.P. | &nbsp;&nbsp;May, 2007 |  |  | 42350 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gavea Investment Fund III A, L.P. | &nbsp;&nbsp;September, 2008 |  |  | 191507 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India Asset Recovery Fund L.P. | &nbsp;&nbsp;October, 2006 |  |  | 1765 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.C. Flowers III L.P. | &nbsp;&nbsp;October, 2009 |  | 6985611 | 1086381 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LC Fund IV, L.P. | &nbsp;&nbsp;May, 2008 |  | 7493581 | 347374 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Horizon Capital III, L.P. <sup>(2)</sup> | &nbsp;&nbsp;March, 2009 |  | 3526056 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northstar Equity Partners III <sup>(2)</sup> | &nbsp;&nbsp;June, 2011 |  | 3011449 | 1862550 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orchid Asia IV, L.P. <sup>(2)</sup> | &nbsp;&nbsp;November, 2007 |  | 4834761 | 1328608 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reservoir Capital Partners (Cayman), L.P. <sup>(2)</sup> | &nbsp;&nbsp;June, 2009 |  | 1602522 | 3379981 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tiger Global Private Investment Partners V, L.P. | &nbsp;&nbsp;January, 2008 |  | 6176631 | 5855418 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tiger Global Private Investment Partners VI, L.P. | &nbsp;&nbsp;November, 2010 |  |  | 2712772 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners II, L.P. <sup>(2)</sup> | &nbsp;&nbsp;December, 2007 |  | 4990945 | 3684509 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners III, L.P. <sup>(3)</sup> | &nbsp;&nbsp;April, 2009 |  | 17692549 | 11494102 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners IV, L.P.<sup>(2)</sup> | &nbsp;&nbsp;September, 2011 |  |  | 16141786 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate (1.29% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forum European Realty Income III, L.P. | &nbsp;&nbsp;February, 2008 |  | 4466262 | 339378 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Asia Real Estate Investments II, L.P. <sup>(3)</sup> | &nbsp;&nbsp;September, 2007 |  | 3650617 | 3262165 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Cayman Islands |  |  | 97247853 | 58591658 |  |
| &nbsp;&nbsp;&nbsp;Guernsey |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity (0.00% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid Europa Fund III LP | &nbsp;&nbsp;November, 2007 |  | 3749029 | 7433 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Guernsey |  |  | 3749029 | 7433 |  |
| &nbsp;&nbsp;&nbsp;United Kingdom |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity (0.04% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Darwin Private Equity I L.P. | &nbsp;&nbsp;September, 2007 |  | 6816923 | 118621 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate (0.08% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Benson Elliot Real Estate Partners II, L.P. | &nbsp;&nbsp;August, 2006 |  | 1975313 | 26083 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patron Capital, L.P. II | &nbsp;&nbsp;February, 2005 |  | 674772 | 10033 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patron Capital, L.P. III | &nbsp;&nbsp;July, 2007 |  | 3254500 | 187692 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total United Kingdom |  |  | 12721508 | 342429 |  |
| &nbsp;&nbsp;&nbsp;United States |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy (17.37% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnCap Energy Capital Fund VII-B LP <sup>(2)</sup> | &nbsp;&nbsp;October, 2007 |  | 7469808 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnCap Energy Infrastructure TE Feeder, L.P. <sup>(2)(3)</sup> | &nbsp;&nbsp;October, 2009 |  | 5535027 | 373859 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy & Minerals Group Fund II, L.P. <sup>(2)</sup> | &nbsp;&nbsp;November, 2011 |  | 11275863 | 13486560 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intervale Capital Fund, L.P. | &nbsp;&nbsp;May, 2008 |  | 2305488 | 177383 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merit Energy Partners G, L.P. <sup>(2)</sup> | &nbsp;&nbsp;September, 2009 |  | 15973266 | 7809283 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midstream & Resources Follow-On Fund, L.P. <sup>(2)(3)</sup> | &nbsp;&nbsp;March, 2010 |  | 3459071 | 3145216 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGP Energy Technology Partners II, L.P. <sup>(2)</sup> | &nbsp;&nbsp;July, 2009 |  | 4017505 | 1832474 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGP IX Offshore Fund, L.P. | &nbsp;&nbsp;March, 2008 |  | 4181522 | 193482 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGP Midstream & Resources, L.P. | &nbsp;&nbsp;October, 2007 |  | 5412496 | 644419 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quantum Parallel Partners V, LP <sup>(3)</sup> | &nbsp;&nbsp;October, 2008 |  | 20217115 | 20621465 |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPF II-A, L.P. <sup>(3)</sup> | &nbsp;&nbsp;October, 2008 |  | 6612057 | 102507 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Event-Driven (1.91% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BDCM Partners I, L.P. <sup>(3)(6)</sup> | &nbsp;&nbsp;January, 2011 |  | 7437015 | 5312593 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortelus Special Situations Fund Ltd. <sup>(6)</sup> | &nbsp;&nbsp;May, 2010 |  |  | 9944 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity (48.83% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advent Latin American Private Equity Fund IV-F L.P. | &nbsp;&nbsp;August, 2007 |  | 1095662 | 572271 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advent Latin American Private Equity Fund V-F L.P. | &nbsp;&nbsp;May, 2010 |  | 7188081 | 5878990 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BDCM Opportunity Fund II, L.P. <sup>(2)</sup> | &nbsp;&nbsp;March, 2006 |  | 2732651 | 589988 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catterton Growth Partners, L.P. | &nbsp;&nbsp;March, 2008 |  | 10514354 | 3243200 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chrysalis Ventures III, L.P. | &nbsp;&nbsp;December, 2006 |  | 1136664 | 522111 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crosslink Crossover Fund V, L.P. | &nbsp;&nbsp;May, 2007 |  | 1723592 | 547133 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crosslink Crossover Fund VI, L.P. | &nbsp;&nbsp;March, 2007 |  |  | 17941158 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dace Ventures I, LP <sup>(3)</sup> | &nbsp;&nbsp;June, 2007 |  | 1894196 | 813594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fairhaven Capital Partners, L.P. | &nbsp;&nbsp;March, 2008 |  | 8481555 | 1899724 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Founders Fund III, LP | &nbsp;&nbsp;May, 2010 |  |  | 24165620 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Founders Fund IV, LP | &nbsp;&nbsp;January, 2012 |  |  | 32361525 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garrison Opportunity Fund LLC <sup>(3)</sup> | &nbsp;&nbsp;February, 2010 |  |  | 56282 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garrison Opportunity Fund II A LLC | &nbsp;&nbsp;March, 2011 |  |  | 58786 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HealthCor Partners Fund, L.P. <sup>(3)</sup> | &nbsp;&nbsp;August, 2007 |  | 1583797 | 2608164 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MatlinPatterson Global Opportunities Partners III L.P. | &nbsp;&nbsp;July, 2007 |  | 4715825 | 29561 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Middle East North Africa Opportunities Fund, L.P. <sup>(6)</sup> | &nbsp;&nbsp;July, 2008 | 3969.0 | 3969272 | 21806 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monomoy Capital Partners II, L.P. | &nbsp;&nbsp;May, 2011 |  | 5137020 | 3438749 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pine Brook Capital Partners, L.P. <sup>(2)</sup> | &nbsp;&nbsp;January, 2008 |  | 9532892 | 1435872 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pinto America Growth Fund, L.P. | &nbsp;&nbsp;July, 2006 |  |  | 104377 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity Investment Fund IV, L.P. <sup>(3)</sup> | &nbsp;&nbsp;July, 2005 |  | 3221616 | 390293 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity Investment Fund V, L.P. <sup>(3)</sup> | &nbsp;&nbsp;April, 2009 |  | 32635067 | 17486119 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saints Capital VI, L.P. <sup>(3)</sup> | &nbsp;&nbsp;April, 2008 |  | 9042256 | 2257009 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanderling Venture Partners VI Co-Investment Fund, L.P. | &nbsp;&nbsp;June, 2005 |  | 1146840 | 491573 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanderling Venture Partners VI, L.P. | &nbsp;&nbsp;June, 2005 |  | 517676 | 380019 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Capital Partners II, L.P. <sup>(2)</sup> | &nbsp;&nbsp;August, 2005 |  | 1039496 | 60093 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Group Partners III, L.P. <sup>(2)</sup> | &nbsp;&nbsp;April, 2010 |  | 3242169 | 8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strategic Value Global Opportunities Fund I-A, L.P. | &nbsp;&nbsp;December, 2006 |  | 157773 | 792694 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenaya Capital V, LP <sup>(2)</sup> | &nbsp;&nbsp;November, 2007 |  | 286205 | 465935 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenaya Capital VI, LP | &nbsp;&nbsp;July, 2012 |  | 4516706 | 5527807 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Column Group, LP | &nbsp;&nbsp;September, 2007 |  |  | 7976959 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivest Fund IV, L.P.<sup>(3)</sup> | &nbsp;&nbsp;November, 2007 |  | 66650 | 39316 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuckerbrook SB Global Distressed Fund I, L.P. <sup>(3)</sup> | &nbsp;&nbsp;July, 2007 |  | 434042 | 1612002 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valiant Capital Partners LP <sup>(6)</sup> | &nbsp;&nbsp;July, 2009 |  | 2690540 | 1862474 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Capital Fund III, L.P. | &nbsp;&nbsp;May, 2007 |  | 1532853 | 410799 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate (7.37% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GTIS Brazil Real Estate Fund (Brazilian Real) LP <sup>(3)</sup> | &nbsp;&nbsp;July, 2008 |  | 6635634 | 3464074 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lone Star Real Estate Fund II (U.S.), L.P. | &nbsp;&nbsp;June, 2011 |  |  | 21871 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monsoon Infrastructure & Realty Co-Invest, L.P. <sup>(3)</sup> | &nbsp;&nbsp;February, 2008 |  | 9542106 | 6555898 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwood Real Estate Co-Investors LP <sup>(2)</sup> | &nbsp;&nbsp;April, 2008 |  | 1818939 | 2573154 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwood Real Estate Partners LP <sup>(2)</sup> | &nbsp;&nbsp;April, 2008 |  | 6302730 | 7554022 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBC US Fund II, LP <sup>(3)</sup> | &nbsp;&nbsp;June, 2011 |  | 4302697 | 325600 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Relative Value (0.18% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King Street Capital, L.P. <sup>(2)(6)</sup> | &nbsp;&nbsp;November, 2009 |  | 14723 | 198060 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnetar Capital Fund LP <sup>(3)(6)</sup> | &nbsp;&nbsp;February, 2009 |  |  | 246893 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PIPE Equity Partners, LLC <sup>(4)(5)(6)</sup> | &nbsp;&nbsp;August, 2008 |  | 17723154 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PIPE Select Fund, LLC <sup>(4)(5)(6)</sup> | &nbsp;&nbsp;September, 2008 |  | 15623045 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stark Select Asset Fund, LLC <sup>(6)</sup> | &nbsp;&nbsp;July, 2010 |  | - | 60794 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total United States |  |  | 276094711 | 210751562 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Limited Partnerships, Exempted Limited Partnerships and Limited Liability Companies |  |  | 389813101 | 269693082 | 96.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Investments in Investment Funds<sup>(7)</sup> |  |  | 389813101 | 269693082 | 96.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Investments |  |  | $389813101 | $269693082 | 96.8% |

---

The Master Fund's total outstanding capital commitments to Investment Funds as of December 31, 2022 were $39,674,369. 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.

&nbsp;&nbsp;&nbsp;&nbsp;(1) All
Investment Funds were received in an in-kind transfer of a portfolio of Investment Funds on March 31, 2014.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Income
producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Affiliated
investments for which ownership exceeds 5% of the Investment Fund's capital.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Affiliated
investments for which ownership exceeds 25% of the Investment Fund's capital.

&nbsp;&nbsp;&nbsp;&nbsp;(5) Investment
was valued in good faith pursuant to procedures approved by the Board of Directors as of December 31, 2022. The total of all such
investments represents 0.00% of partners' capital.

&nbsp;&nbsp;&nbsp;&nbsp;(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 December 31, 2022 was $47,457,749 and $7,712,564, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;(7) Restricted
investments as to resale.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** The Endowment PMF Master Fund, L.P.

- **b. Investment Company Act file number:** 811-22940

- **c. CIK number of Registrant:** 0001597218

- **d. LEI of Registrant:** 5493002064WYI01TBE55

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 712 W. 34th Street

  - **City:** Austin

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78705

  - **Telephone number:** 5126605146

**Item A.2. Information about the Series.**

- **a. Name of Series:** THE ENDOWMENT PMF MASTER FUND, L.P.

- **c. LEI of Series:** 5493002064WYI01TBE55

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $293265144.50

**Total Liabilities:** $14643636.84

**Net Assets:** $278621507.66

**Cash Not Reported:** $22993489.44

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.05%               | -1.43%               | -0.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1435969.42             | $1117587.40                                |
| Month 2  | $2701875.53              | $-6925160.72                               |
| Month 3  | $11972.23                | $-731352.03                                |

### Schedule of Portfolio Investments

| Name                                                                | Title                                                               | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ABRY ADVANCED SECURITIES FUND LP                                    | ABRY ADVANCED SECURITIES FUND LP                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |     42681 | OU      | $42680.58     | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CATTERTON GROWTH PARTNERS, LP                                       | CATTERTON GROWTH PARTNERS, LP                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   3243200 | OU      | $3243200.00   | 1.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ADVENT LATIN AMERICAN PRIVATE EQUITY FUND IV-F LTD PARTNERSHIP      | ADVENT LATIN AMERICAN PRIVATE EQUITY FUND IV-F LTD PARTNERSHIP      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    572271 | OU      | $572271.00    | 0.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ADVENT LATIN AMERICAN PRIVATE EQUITY FUND V-F LTD PARTNERSHIP       | ADVENT LATIN AMERICAN PRIVATE EQUITY FUND V-F LTD PARTNERSHIP       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   5878989 | OU      | $5878989.00   | 2.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BDCM OPPORTUNITY FUND II, L.P.                                      | BDCM OPPORTUNITY FUND II, L.P.                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    589988 | OU      | $589988.00    | 0.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BDCM PARTNERS I, L.P. (A-SPV-1)                                     | BDCM PARTNERS I, L.P. (A-SPV-1)                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   1189322 | OU      | $1189321.71   | 0.43%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BDCM PARTNERS I, L.P. (A-SPV-PTC)                                   | BDCM PARTNERS I, L.P. (A-SPV-PTC)                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     17915 | OU      | $17914.92     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BDCM PARTNERS I, L.P. (B-SPV-1)                                     | BDCM PARTNERS I, L.P. (B-SPV-1)                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   4023886 | OU      | $4023886.18   | 1.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BDCM PARTNERS I, L.P. (B-SPV-PTC)                                   | BDCM PARTNERS I, L.P. (B-SPV-PTC)                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     81470 | OU      | $81469.93     | 0.03%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FAIRHAVEN CAPITAL PARTNERS, LP                                      | FAIRHAVEN CAPITAL PARTNERS, LP                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   1899724 | OU      | $1899724.00   | 0.68%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BENSON ELLIOTT REAL ESTATE PARTNERS II, L.P. (EUR)                  | BENSON ELLIOTT REAL ESTATE PARTNERS II, L.P. (EUR)                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | GB        |     26083 | OU      | $26083.17     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ENERGY & MINERALS GROUP FUND II                                     | ENERGY & MINERALS GROUP FUND II                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  13486560 | OU      | $13486560.00  | 4.84%             |  |  |  | Yes           | N/A                | On Loan: No      |
| COLUMN GROUP, L.P.                                                  | COLUMN GROUP, L.P.                                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   7976959 | OU      | $7976959.00   | 2.86%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CROSSLINK CROSSOVER FUND V LP                                       | CROSSLINK CROSSOVER FUND V LP                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    547133 | OU      | $547133.00    | 0.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CROSSLINK CROSSOVER FUND VI LP                                      | CROSSLINK CROSSOVER FUND VI LP                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  17941158 | OU      | $17941158.00  | 6.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CX PARTNERS FUND LTD                                                | CX PARTNERS FUND LTD                                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |    289000 | OU      | $289000.00    | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| DACE VENTURES I LP                                                  | DACE VENTURES I LP                                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    813594 | OU      | $813594.27    | 0.29%             |  |  |  | Yes           | N/A                | On Loan: No      |
| DARWIN PRIVATE EQUITY I LP (GBP)                                    | DARWIN PRIVATE EQUITY I LP (GBP)                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | GB        |    118621 | OU      | $118621.33    | 0.04%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ENCAP ENERGY CAP FD VII-B                                           | ENCAP ENERGY CAP FD VII-B                                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     53022 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CHRYSALIS VENTURES III, L.P.                                        | CHRYSALIS VENTURES III, L.P.                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    522111 | OU      | $522111.00    | 0.19%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ENCAP ENERGY INFRASTRUCTURE TE FEEDER                               | ENCAP ENERGY INFRASTRUCTURE TE FEEDER                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    373859 | OU      | $373859.24    | 0.13%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FORTELUS SPECIAL SITUATIONS FUND LP (Cl B USD)(Designated Cap Acct) | FORTELUS SPECIAL SITUATIONS FUND LP (Cl B USD)(Designated Cap Acct) | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |      9944 | OU      | $9944.20      | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MERIT ENERGY PARTNERS G LP                                          | MERIT ENERGY PARTNERS G LP                                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   7809283 | OU      | $7809283.00   | 2.80%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FOUNDERS FUND III LP                                                | FOUNDERS FUND III LP                                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  24165620 | OU      | $24165620.00  | 8.67%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FOUNDERS FUND IV LP                                                 | FOUNDERS FUND IV LP                                                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  32361525 | OU      | $32361525.00  | 11.61%            |  |  |  | Yes           | N/A                | On Loan: No      |
| GARRISON OPPORTUNITY FUND II LLC - Ser A                            | GARRISON OPPORTUNITY FUND II LLC - Ser A                            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     11444 | OU      | $11444.00     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GARRISON OPPORTUNITY FUND II LLC - Ser B                            | GARRISON OPPORTUNITY FUND II LLC - Ser B                            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     47342 | OU      | $47342.00     | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GARRISON OPPORTUNITY FUND LLC                                       | GARRISON OPPORTUNITY FUND LLC                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     56282 | OU      | $56282.00     | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GAVEA INVESTMENT FUND II A, L.P.                                    | GAVEA INVESTMENT FUND II A, L.P.                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |     42350 | OU      | $42350.00     | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GAVEA INVESTMENT FUND III A, L.P.                                   | GAVEA INVESTMENT FUND III A, L.P.                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |    191507 | OU      | $191507.00    | 0.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GTIS BRAZIL REAL ESTATE FUND (Brazillian Real) LP                   | GTIS BRAZIL REAL ESTATE FUND (Brazillian Real) LP                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   3464074 | OU      | $3464074.00   | 1.24%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FORUM EUROPEAN REALTY INCOME III LP (EUR)                           | FORUM EUROPEAN REALTY INCOME III LP (EUR)                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |    339378 | OU      | $339378.10    | 0.12%             |  |  |  | Yes           | N/A                | On Loan: No      |
| HEALTHCOR PARTNERS FUND, L.P.                                       | HEALTHCOR PARTNERS FUND, L.P.                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   2608164 | OU      | $2608164.00   | 0.94%             |  |  |  | Yes           | N/A                | On Loan: No      |
| INTERVALE CAPITAL FUND LP                                           | INTERVALE CAPITAL FUND LP                                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    177383 | OU      | $177383.00    | 0.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| J.C. FLOWERS III, L.P.                                              | J.C. FLOWERS III, L.P.                                              | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   1086381 | OU      | $1086381.00   | 0.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KING STREET CAPITAL LP (Special Investment)                         | KING STREET CAPITAL LP (Special Investment)                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    198060 | OU      | $198060.00    | 0.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| LC FUND IV LP                                                       | LC FUND IV LP                                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |    347374 | OU      | $347374.00    | 0.12%             |  |  |  | Yes           | N/A                | On Loan: No      |
| LONE STAR REAL ESTATE FUND II (U.S.) LP                             | LONE STAR REAL ESTATE FUND II (U.S.) LP                             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     21871 | OU      | $21871.25     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MAGNETAR CAPITAL FUND, LP (Side Pocket C)                           | MAGNETAR CAPITAL FUND, LP (Side Pocket C)                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |      7887 | OU      | $7887.00      | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MAGNETAR CAPITAL FUND, LP (Side Pocket D)                           | MAGNETAR CAPITAL FUND, LP (Side Pocket D)                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    239006 | OU      | $239006.00    | 0.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS III, L.P.             | MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS III, L.P.             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     29561 | OU      | $29561.00     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| INDIA ASSET RECOVERY FUND, LP                                       | INDIA ASSET RECOVERY FUND, LP                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |      1765 | OU      | $1765.00      | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MID EUROPA FUND III, L.P. (EUR)                                     | MID EUROPA FUND III, L.P. (EUR)                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | GG        |      7433 | OU      | $7432.60      | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MIDDLE EAST NORTH AFRICA OPPORTUNTIES FUND, L.P. (Class C/2)        | MIDDLE EAST NORTH AFRICA OPPORTUNTIES FUND, L.P. (Class C/2)        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     21806 | OU      | $21806.24     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MIDSTREAM & RESOURCES FOLLOW-ON FUND, L.P.                          | MIDSTREAM & RESOURCES FOLLOW-ON FUND, L.P.                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   3145216 | OU      | $3145216.00   | 1.13%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MONSOON INFRASTRUCTURE & REALTY CO-INVEST LP                        | MONSOON INFRASTRUCTURE & REALTY CO-INVEST LP                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   6555898 | OU      | $6555898.00   | 2.35%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NEW HORIZON CAPITAL III LP                                          | NEW HORIZON CAPITAL III LP                                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |    406013 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NGP ENERGY TECHNOLOGY PARTNERS II, LP                               | NGP ENERGY TECHNOLOGY PARTNERS II, LP                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   1832474 | OU      | $1832474.00   | 0.66%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NGP IX OFFSHORE FUND                                                | NGP IX OFFSHORE FUND                                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    193482 | OU      | $193482.00    | 0.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NGP MIDSTREAM & RESOURCES, L.P.                                     | NGP MIDSTREAM & RESOURCES, L.P.                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    644419 | OU      | $644419.00    | 0.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NORTHSTAR EQUITY PARTNERS III                                       | NORTHSTAR EQUITY PARTNERS III                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   1862550 | OU      | $1862550.25   | 0.67%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NORTHWOOD REAL ESTATE CO-INVESTORS                                  | NORTHWOOD REAL ESTATE CO-INVESTORS                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   2573154 | OU      | $2573154.00   | 0.92%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NORTHWOOD REAL ESTATE PARTNERS                                      | NORTHWOOD REAL ESTATE PARTNERS                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   7554022 | OU      | $7554022.00   | 2.71%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ORCHID ASIA IV LP                                                   | ORCHID ASIA IV LP                                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   1328608 | OU      | $1328608.00   | 0.48%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PATRON CAPITAL L.P. II (EUR)                                        | PATRON CAPITAL L.P. II (EUR)                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | GB        |     10033 | OU      | $10032.59     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PATRON CAPITAL L.P. III (EUR)                                       | PATRON CAPITAL L.P. III (EUR)                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | GB        |    187692 | OU      | $187692.07    | 0.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PHOENIX ASIA REAL ESTATE INVESTMENTS II LP                          | PHOENIX ASIA REAL ESTATE INVESTMENTS II LP                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   3262165 | OU      | $3262164.80   | 1.17%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PINE BROOK CAPITAL PARTNERS, LP                                     | PINE BROOK CAPITAL PARTNERS, LP                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   1435872 | OU      | $1435872.00   | 0.52%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PINTO AMERICA GROWTH FUND, LP                                       | PINTO AMERICA GROWTH FUND, LP                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    104377 | OU      | $104376.96    | 0.04%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PIPE EQUITY PARTNERS, LLC (290-01-298)                              | PIPE EQUITY PARTNERS, LLC (290-01-298)                              | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         0 | OU      | $0.01         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PIPE SELECT FUND LLC (290-06-122)                                   | PIPE SELECT FUND LLC (290-06-122)                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         0 | OU      | $0.01         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PRIVATE EQUITY INVESTMENT FUND IV LP                                | PRIVATE EQUITY INVESTMENT FUND IV LP                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    390293 | OU      | $390293.00    | 0.14%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PRIVATE EQUITY INVESTMENT FUND V LP                                 | PRIVATE EQUITY INVESTMENT FUND V LP                                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  17486119 | OU      | $17486119.00  | 6.28%             |  |  |  | Yes           | N/A                | On Loan: No      |
| QUANTUM PARALLEL PARTNERS V, LP                                     | QUANTUM PARALLEL PARTNERS V, LP                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  20621465 | OU      | $20621464.63  | 7.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MONOMOY CAPITAL PARTNERS II LP                                      | MONOMOY CAPITAL PARTNERS II LP                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   3438749 | OU      | $3438749.00   | 1.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| RESERVOIR CAPITAL PARTNERS LP                                       | RESERVOIR CAPITAL PARTNERS LP                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   3379981 | OU      | $3379981.00   | 1.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SANDERLING VENTURE PARTNERS VI CO-INVESTMENT FUND, L.P.             | SANDERLING VENTURE PARTNERS VI CO-INVESTMENT FUND, L.P.             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    491573 | OU      | $491573.04    | 0.18%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TENASKA POWER FUND II-A, LP                                         | TENASKA POWER FUND II-A, LP                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    102507 | OU      | $102507.00    | 0.04%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SANDERLING VENTURE PARTNERS VI, L.P.                                | SANDERLING VENTURE PARTNERS VI, L.P.                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    380019 | OU      | $380019.04    | 0.14%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SBC US FUND II                                                      | SBC US FUND II                                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    325600 | OU      | $325600.34    | 0.12%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SENTIENT GLOBAL RESOURCES FUND III LP                               | SENTIENT GLOBAL RESOURCES FUND III LP                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   3575541 | OU      | $3575541.00   | 1.28%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SENTIENT GLOBAL RESOURCES FUND IV LP                                | SENTIENT GLOBAL RESOURCES FUND IV LP                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   2953790 | OU      | $2953790.00   | 1.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| STARK SELECT ASSET FUND LLC                                         | STARK SELECT ASSET FUND LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     60794 | OU      | $60793.89     | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| STERLING CAPITAL PARTNERS II LP                                     | STERLING CAPITAL PARTNERS II LP                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     60093 | OU      | $60093.00     | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| STERLING GROUP PARTNERS III LP                                      | STERLING GROUP PARTNERS III LP                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |         8 | OU      | $7.75         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| STRATEGIC VALUE GLOBAL OPPORTUNITIES FUND I-A, L.P.                 | STRATEGIC VALUE GLOBAL OPPORTUNITIES FUND I-A, L.P.                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    792694 | OU      | $792694.00    | 0.28%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TENAYA CAPITAL V, LP                                                | TENAYA CAPITAL V, LP                                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    465935 | OU      | $465935.00    | 0.17%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SAINTS CAPITAL VI LP                                                | SAINTS CAPITAL VI LP                                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   2257009 | OU      | $2257009.00   | 0.81%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TENAYA CAPITAL VI, LP                                               | TENAYA CAPITAL VI, LP                                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   5527807 | OU      | $5527807.00   | 1.98%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TIGER GLOBAL PRIVATE INV PARTNERS V, L.P.                           | TIGER GLOBAL PRIVATE INV PARTNERS V, L.P.                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   5855418 | OU      | $5855418.00   | 2.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TIGER GLOBAL PRIVATE INV PARTNERS VI, L.P.                          | TIGER GLOBAL PRIVATE INV PARTNERS VI, L.P.                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   2712772 | OU      | $2712772.00   | 0.97%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TRIVEST FUND IV, L.P.                                               | TRIVEST FUND IV, L.P.                                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |     39316 | OU      | $39316.00     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TRUSTBRIDGE PARTNERS II, LP                                         | TRUSTBRIDGE PARTNERS II, LP                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   3684509 | OU      | $3684508.90   | 1.32%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TRUSTBRIDGE PARTNERS III, LP                                        | TRUSTBRIDGE PARTNERS III, LP                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  11494102 | OU      | $11494102.47  | 4.13%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TRUSTBRIDGE PARTNERS IV, LP                                         | TRUSTBRIDGE PARTNERS IV, LP                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  16141786 | OU      | $16141786.23  | 5.79%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TUCKERBROOK SB GLOBAL DISTRESSED FUND I, L.P.                       | TUCKERBROOK SB GLOBAL DISTRESSED FUND I, L.P.                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   1612002 | OU      | $1612002.00   | 0.58%             |  |  |  | Yes           | N/A                | On Loan: No      |
| VALIANT CAPITAL PARTNERS, LP (Illiquid Sub Capital)                 | VALIANT CAPITAL PARTNERS, LP (Illiquid Sub Capital)                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   1862474 | OU      | $1862473.75   | 0.67%             |  |  |  | Yes           | N/A                | On Loan: No      |
| VOYAGER CAPITAL FUND III, L.P.                                      | VOYAGER CAPITAL FUND III, L.P.                                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    410799 | OU      | $410799.00    | 0.15%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** The Endowment PMF Master Fund, L.P.

**Signature:** /s/ Benjamin Murray

**Name of Signer:** Benjamin Murray

**Title:** Principal Financial Officer