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Salute Venture LP

Hedge FundFund ID 805-2332674612Delaware, United States
Gross assets
$130.8M
Min. investment
$1
Beneficial owners
6
Size rank
Top 39%
Audited
Yes
Structure
Standalone

About this fund

Salute Venture LP is a hedge fund managed by Varde Management, L.P.. The fund reports $130.8 million in gross assets, placing it among the top 39% 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 ID805-2332674612
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross 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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Frequently asked questions

How large is Salute Venture LP?

Salute Venture LP reports $130.8 million in gross assets, among the top 39% of private funds by size.

What is the minimum investment for Salute Venture LP?

The stated minimum investment is $1.

Who manages Salute Venture LP?

Salute Venture LP is managed by Varde Management, L.P.

Does Salute Venture LP 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
None reported
Custodian
None reported
Administrator
Auditor

Reported gross assets

$130.8MNo change
Feb '25 — $131.2MMar '25 — $126MApr '25 — $126MMay '25 — $126MJun '25 — $126MJul '25 — $126MAug '25 — $126MSep '25 — $126MOct '25 — $126MNov '25 — $126MDec '25 — $126MJan '26 — $126MFeb '26 — $126MMar '26 — $130.8MApr '26 — $130.8MMay '26 — $130.8MJun '26 — $130.8M
Feb '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 39%
Larger than 61% of 67,041 private funds
Gross assets vs Hedge FundsTop 52%
Larger than 48% 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.