Waterfall Asset Management, LLC

RIASEC RegisteredEst. 2006

Total AUM

$22B

Discretionary

$22B

100% of AUM

Avg account

$324M

Accounts

Employees

133

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 137746
Registered since: January 9, 2006
Website: www.waterfallam.com
Custodians: THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, THE BANK OF NEW YORK MELLON, BROWN BROTHERS HARRIMAN INVESTMENTS, LLC
Fee structure: Percentage of AUM, Performance Based Fees, Other
Client types: Pooled Investment Vehicles54.87%
Investment Companies37.22%
Insurance Companies7.31%
State / Municipal Government0.57%
Pension & Profit Sharing Plans0.01%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Waterfall Asset Management, LLC is a multi-strategy investment manager organized as an LLC and registered with the SEC in 2006. The firm runs hedge fund, private equity and real estate strategies and acts as a sponsor and manager of pooled investment vehicles. Its client base is institutional, and its fee structure includes asset-based fees and performance-based fees. Waterfall also operates in roles consistent with a commodity pool operator/commodity trading advisor (CPO/CTA) and provides portfolio management for investment companies, pooled vehicles and institutional entities. The firm reports that it is an active ESG investor and its ownership is listed as a mix of a domestic entity and individual ownership.