# Explore the Multi-Feeder Master Fund Structure

> Published on ADIN (https://adin.chat/s/multi-feeder-master-fund-structure-diagram-s42g)
> Type: Diagram
> Date: 2026-03-13
> Description: Interactive flowchart detailing investor flows through onshore and offshore feeder LPs in a multi-feeder master fund setup.

Mermaid diagram:
graph TD
  A1["US Taxable Investors"] --> F1["Onshore Feeder LP"]
  A2["Non-US / Tax-Exempt Investors"] --> F2["Offshore Feeder LP"]
  A3["Large Single Investor"] --> F3["Parallel Vehicle / SPV"]

  F1 --> M["Master Fund"]
  F2 --> M
  F3 --> M

  M --> P["Portfolio Investments"]