Salute Venture II LP
Hedge FundFund ID 805-4453269751Delaware, United States
Gross assets
$152.8M
Min. investment
$1
Beneficial owners
2
Size rank
Top 36%
Audited
Yes
Structure
Standalone
About this fund
Salute Venture II LP is a hedge fund managed by Varde Management, L.P.. The fund reports $152.8 million in gross assets, placing it among the top 36% of private funds by size. The stated minimum investment is $1. 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 ID | 805-4453269751 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| 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% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| The Varde Fund XIII, L.P. | Hedge | $1.66B |
| Vp Dislocation Fund II, L.P. | Hedge | $1.3B |
| Varde Credit Partners Master, L.P. | Hedge | $951.2M |
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Join to unlock · $37/moFrequently asked questions
How large is Salute Venture II LP?
Salute Venture II LP reports $152.8 million in gross assets, among the top 36% of private funds by size.
What is the minimum investment for Salute Venture II LP?
The stated minimum investment is $1.
Who manages Salute Venture II LP?
Salute Venture II LP is managed by Varde Management, L.P.
Does Salute Venture II LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
V
New York, NY
Reported gross assets
$152.8M▲ 2%
Feb '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 36%
Larger than 64% of 67,041 private funds
Gross assets vs Hedge FundsTop 48%
Larger than 52% of 12,442 hedge funds
Minimum investmentTop 98%
Higher than 2% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.