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Lake Cascade Fund, LP

Hedge FundFund ID 805-2732454440Delaware, United States
Gross assets
$1.89B
Min. investment
Beneficial owners
2
Size rank
Top 4%
Audited
No
Structure
Standalone

About this fund

Lake Cascade Fund, LP is a hedge fund managed by Waterfall Asset Management, LLC. The fund reports $1.9 billion in gross assets, placing it among the top 4% of private funds by size. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-2732454440
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditNo
Prepared per GAAPNo
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Waterfall Eden Master Fund, Ltd.Hedge$2.58B
Waterfall Victoria Master Fund, Ltd.Hedge$1.53B
Waterfall Sandstone Fund, L.P.Hedge$920.5M
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Frequently asked questions

How large is Lake Cascade Fund, LP?

Lake Cascade Fund, LP reports $1.9 billion in gross assets, among the top 4% of private funds by size.

Who manages Lake Cascade Fund, LP?

Lake Cascade Fund, LP is managed by Waterfall Asset Management, LLC.

Does Lake Cascade Fund, LP disclose returns?

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

Service providers

Prime broker
None reported
Administrator
Auditor
None reported

Reported gross assets

$1.89B▲ 11%
Mar '25 — $1.7BApr '25 — $1.7BMay '25 — $1.7BJun '25 — $1.7BJul '25 — $1.7BAug '25 — $1.7BSep '25 — $1.7BOct '25 — $1.7BNov '25 — $1.7BDec '25 — $1.7BJan '26 — $1.7BFeb '26 — $1.7BMar '26 — $1.89BApr '26 — $1.89BMay '26 — $1.89BJun '26 — $1.89B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 4%
Larger than 96% of 67,041 private funds
Gross assets vs Hedge FundsTop 9%
Larger than 91% of 12,442 hedge funds

Investor base

Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.