| Fund ID | 805-1086901543 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 8% |
| Owned by funds of funds | 2% |
| Owned by non-U.S. persons | 92% |
| Fund | Type | Gross assets |
|---|---|---|
| Waterfall Victoria Master Fund, Ltd. | Hedge | $2.95B |
| Waterfall Eden Master Fund, Ltd. | Hedge | $2.64B |
| Lake Cascade Fund, LP | Hedge | $1.7B |
Waterfall Delta Offshore Master Fund, LP reports $270 million in gross assets, among the top 26% of private funds by size.
The stated minimum investment is $500,000.
Waterfall Delta Offshore Master Fund, LP is managed by Waterfall Asset Management, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.