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Waterfall Rock Island, LLC

Hedge FundFund ID 805-4861671856Delaware, United States
Gross assets
$606.5M
Min. investment
Beneficial owners
2
Size rank
Top 12%
Audited
Yes
Structure
Standalone

About this fund

Waterfall Rock Island, LLC is a hedge fund managed by Waterfall Asset Management, LLC. The fund reports $606.5 million in gross assets, placing it among the top 12% 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 ID805-4861671856
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
Waterfall Eden Master Fund, Ltd.Hedge$2.58B
Lake Cascade Fund, LPHedge$1.89B
Waterfall Victoria Master Fund, Ltd.Hedge$1.53B
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Frequently asked questions

How large is Waterfall Rock Island, LLC?

Waterfall Rock Island, LLC reports $606.5 million in gross assets, among the top 12% of private funds by size.

Who manages Waterfall Rock Island, LLC?

Waterfall Rock Island, LLC is managed by Waterfall Asset Management, LLC.

Does Waterfall Rock Island, LLC disclose returns?

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

Service providers

Prime broker
Auditor

Reported gross assets

$606.5M▼ 24%
Mar '25 — $798.4MApr '25 — $798.4MMay '25 — $798.4MJun '25 — $798.4MJul '25 — $798.4MAug '25 — $798.4MSep '25 — $798.4MOct '25 — $798.4MNov '25 — $798.4MDec '25 — $798.4MJan '26 — $798.4MFeb '26 — $798.4MMar '26 — $606.5MApr '26 — $606.5MMay '26 — $606.5MJun '26 — $606.5M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 12%
Larger than 88% of 67,041 private funds
Gross assets vs Hedge FundsTop 23%
Larger than 77% of 12,442 hedge funds

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.