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Silver Lake Waterman Fund Iii-L, L.P.

Hedge FundFund ID 805-5978371093Delaware, United States
Gross assets
$450M
Min. investment
$10M
Beneficial owners
113
Size rank
Top 18%
Audited
Yes
Structure
Standalone

About this fund

Silver Lake Waterman Fund Iii-L, L.P. is a hedge fund managed by Silver Lake Technology Management, LLC. The fund reports $450 million in gross assets, placing it among the top 18% of private funds by size. The stated minimum investment is $10 million. 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 ID805-5978371093
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-advisedYes
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Silver Lake Partners VI, L.P.Private Equity$29.34B
Silver Lake Partners VII, L.P.Private Equity$24.2B
Silver Lake Partners V, L.P.Private Equity$16.97B
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Frequently asked questions

How large is Silver Lake Waterman Fund Iii-L, L.P.?

Silver Lake Waterman Fund Iii-L, L.P. reports $450 million in gross assets, among the top 18% of private funds by size.

What is the minimum investment for Silver Lake Waterman Fund Iii-L, L.P.?

The stated minimum investment is $10 million.

Who manages Silver Lake Waterman Fund Iii-L, L.P.?

Silver Lake Waterman Fund Iii-L, L.P. is managed by Silver Lake Technology Management, LLC.

Does Silver Lake Waterman Fund Iii-L, L.P. 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
Custodian
Administrator
Auditor

Reported gross assets

$450M▲ 46%
Mar '25 — $307.9MApr '25 — $307.9MMay '25 — $307.9MJun '25 — $307.9MJul '25 — $307.9MAug '25 — $307.9MSep '25 — $307.9MOct '25 — $307.9MNov '25 — $307.9MDec '25 — $307.9MJan '26 — $307.9MFeb '26 — $307.9MMar '26 — $450MApr '26 — $450MMay '26 — $450MJun '26 — $450M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 18%
Larger than 82% of 67,041 private funds
Gross assets vs Hedge FundsTop 27%
Larger than 73% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons16%
Funds of funds4%
Non-U.S. persons21%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.