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Crescent II Fund, L.P.

Hedge FundFund ID 805-5520821458Delaware, United States
Gross assets
$2.79B
Min. investment
Beneficial owners
4
Size rank
Top 2%
Audited
Yes
Structure
Standalone

About this fund

Crescent II Fund, L.P. is a hedge fund managed by Ellington Management Group, L.L.C.. The fund reports $2.8 billion in gross assets, placing it among the top 2% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-5520821458
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationNo
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Gwn Ellington Fund Ltd.Hedge$6.39B
Ellington Empire Fund LLCHedge$2.6B
Ellington Mortgage Opportunities Master Fund, Ltd.Hedge$1.54B
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Frequently asked questions

How large is Crescent II Fund, L.P.?

Crescent II Fund, L.P. reports $2.8 billion in gross assets, among the top 2% of private funds by size.

Who manages Crescent II Fund, L.P.?

Crescent II Fund, L.P. is managed by Ellington Management Group, L.L.C.

Does Crescent II Fund, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
Auditor

Reported gross assets

$2.79B▲ 88%
Mar '25 — $1.48BApr '25 — $1.48BMay '25 — $1.48BJun '25 — $1.48BJul '25 — $1.48BAug '25 — $1.48BSep '25 — $1.48BOct '25 — $1.48BNov '25 — $1.48BDec '25 — $1.48BJan '26 — $1.48BFeb '26 — $1.48BMar '26 — $2.79BApr '26 — $2.79BMay '26 — $2.79BJun '26 — $2.79B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 2%
Larger than 98% of 67,041 private funds
Gross assets vs Hedge FundsTop 6%
Larger than 94% of 12,442 hedge funds

Investor base

Adviser & related persons11%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.