United States · Investor

Masters Capital Management

Last cheque observed Jun 2006. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietGrowth equity

Series BSeries CSeries DInternetWireless

Cheques on record
0%of best year0cheques in 12 months, 3 on record
Since the last cheque7435days00hrs00min00sec
Median round$42MRounds led0 of 3
Pitch Masters Capital Management

Masters Capital Management highlights

  1. 01

    3 rounds on record

  2. 02

    Mostly Series B and Series C: 67% of its rounds

What they do

Type
Growth equity (from a list, unverified)
Cheque size
Not stated
Sectors
InternetWireless
Based in
Atlanta, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first3 appearances

  1. 2006

    2 rounds

  2. Jun
    NeoPhotonicsSeries C · US$75MWith 9 others
  3. May
    CswitchSeries B · US · cswitch.com$30MWith 7 others
  4. 2005

    1 round

  5. Nov
    NanosysSeries D · US$42MWith 15 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration4 named

GSGregory Scott PopeChief Operations OfficeriForm ADV
MWMichael Willingham MastersManaging Member and Chief Executive OfficeriForm ADV
MDMichelle Devault DobbinsChief Financial OfficeriForm ADV
TJTimothy James FosterChief Compliance OfficeriForm ADV

We also hold 19 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$805Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Masters Capital Management, L.L.C.
SEC number
CRD 137605

Funds on its Form ADV

4 private funds, $648M in gross assets · filed Mar 2024

  1. Marlin Fund, Limited PartnershipHedge53 investors$325M
  2. Marlin Fund II, Limited PartnershipHedge38 investors$259M
  3. Marlin Master Fund Offshore II L.P.Hedge$40M
  4. Marlin Fund III, Limited PartnershipHedge1 investor$24M

Who they invest alongside

The investors most often in the same rounds as Masters Capital Management. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about Masters Capital Management

What does Masters Capital Management invest in?

Masters Capital Management invests most often at Series B and Series C (67% of the rounds on record), in sectors such as Internet and Wireless.

How active is Masters Capital Management?

3 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2006.

How big are Masters Capital Management's cheques?

The median round it joins is $42M.

Is Masters Capital Management investing now?

No investments in the last 12 months; the latest was in Jun 2006.

Who does Masters Capital Management invest alongside?

Most often Harris & Harris Group (3 rounds together), ATA Ventures (2 rounds together) and Mitsubishi UFJ Capital (2 rounds together).

What kind of investor is Masters Capital Management?

Masters Capital Management is a growth equity firm based in Atlanta, United States.

How much does Masters Capital Management manage?

About $805M, as regulatory assets under management (Oct 2026).

When was Masters Capital Management founded?

Masters Capital Management was founded in 1995.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it