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Lago Asset Management, LLC

● SEC registered since 2022CRD 305631SEC# 801-126267Chicago, IL
Export (members)
Ranks #3,635 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$604.9M
Fund GAV
$398.1M
Private funds
12
Employees
15
Accounts
12
Location
Chicago, IL

Lago Asset Management, LLC assets under management

Lago Asset Management, LLC is a registered investment adviser overseen by the SEC based in Chicago, IL. The firm has been registered since 2022. It reports $604.9 million in regulatory assets under management and employs 15 people. Lago Asset Management, LLC manages 12 private funds with combined gross assets of $398.1 million, including Lago Innovation Fund Iii-Qp, LP. By regulatory assets, it ranks 3,635 of 6,004 private fund managers.

Lago Asset Management, LLC private funds

12 funds · $398.1M GAV
FundTypeGross assetsMin.
Lago Innovation Fund Iii-Qp, LPHedge$118.3M$250K
Lago Innovation Fund Ii-Qp, LPHedge$109.2M$250K
Lago Innovation Fund Iii-Ai, LPHedge$34.3M$250K
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Lago Asset Management, LLC owners & executives

7 reported
NameTitleOwnershipSince
Heather Lynn Lafreniere ControlMember25-50%2019
Mark Andrew BuffingtonTrustee Of Revocable Trust Of Mark A Buffington5-10%2022
Mats A LederhausenTrustee Of Mats A Lederhausen 2000 Trust Dated July 10 20005-10%2019
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Frequently asked questions

How much does Lago Asset Management, LLC manage?

Lago Asset Management, LLC reports $604.9 million in regulatory assets under management on its Form ADV.

How many private funds does Lago Asset Management, LLC manage?

Lago Asset Management, LLC manages 12 private funds with combined gross assets of $398.1 million.

How many employees does Lago Asset Management, LLC have?

Lago Asset Management, LLC reports 15 employees.

Where is Lago Asset Management, LLC located?

Lago Asset Management, LLC is based in Chicago, IL and has been SEC-registered since 2022.

Does Lago Asset Management, LLC disclose fund performance?

Lago Asset Management, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address10 South Wacker Drive, 3540, Chicago, IL 60606
Phone7734175246
Office hours8a.m. - 5p.m.
SEC regionChicago Regional Office (CHRO)
Discloses disciplinary historyNo

Regulatory AUM

$604.9M▲ 32%
Mar '25 — $457.3MApr '25 — $457.3MMay '25 — $457.3MJun '25 — $457.3MJul '25 — $457.3MAug '25 — $457.3MSep '25 — $457.3MOct '25 — $457.3MNov '25 — $457.3MDec '25 — $457.3MJan '26 — $457.3MFeb '26 — $457.3MMar '26 — $604.9MApr '26 — $604.9MMay '26 — $604.9MJun '26 — $604.9M
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 43%
Larger than 57% of 16,271 advisers
AUM vs fund managersTop 61%
Larger than 39% of 6,004 private-fund managers
Number of fundsTop 21%
More funds than 79% of fund managers
EmployeesTop 30%
More than 70% of 16,825 advisers

Assets under management

$604.9Mregulatory AUM
Discretionary $604.9M

Fund type mix

Hedge6
Private Equity6

Service providers