LL FUNDS
LL FUNDS, LLC Legal Name
Adviser information for LL FUNDS last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 27 |
|---|---|
| Investment Advisory/Research | 16 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 22 | $2.4B |
| Non-Discretionary | 0 | $0 |
| Total | 22 | $2.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 21 | $2.1B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 1 | $223.6M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 22 |
| No. of Non-U.S. Clients | 5 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
2400 MARKET STREETSUITE 302
PHILADELPHIA
PA
United States
Monday - Friday, 9 AM - 5 PM
Tel: 267-298-5493, Fax: 215-764-5145
Chief Compliance Officer
PAUL FRICK
VICE PRESIDENT
2400 MARKET STREET
SUITE 302
PHILADELPHIA
PA
United States
Tel:
267-298-5493
Fax:
215-764-5145
P*********@**********M
(Full email address available in API data)
Industry Affiliates
| GENERAL PARTNER OF PRIVATE INVESTMENT FUNDS | Sponsor, GP, manager of pooled investment vehicles |
| GENERAL PARTNER OF PRIVATE INVESTMENT FUNDS | Sponsor, GP, manager of pooled investment vehicles |
| GENERAL PARTNER OF PRIVATE INVESTMENT FUNDS | Sponsor, GP, manager of pooled investment vehicles |
| GENERAL PARTNER OF PRIVATE INVESTMENT FUNDS | Sponsor, GP, manager of pooled investment vehicles |
| GENERAL PARTNER OF PRIVATE INVESTMENT FUNDS | Sponsor, GP, manager of pooled investment vehicles |
| GENERAL PARTNER OF PRIVATE INVESTMENT FUNDS | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| LL CAPITAL PARTNERS I, L.P. | Private Equity Fund | $85.3M | $5.0M | 100 |
| LL CAPITAL PARTNERS II PARALLEL, L.P. | Private Equity Fund | $110.9M | $5.0M | 19 |
| LL CAPITAL PARTNERS II, L.P. | Private Equity Fund | $137.0M | $5.0M | 46 |
| LL CAPITAL PARTNERS III, L.P. | Private Equity Fund | $166.9M | $5.0M | 82 |
| LL CAPITAL PARTNERS IV, L.P. | Private Equity Fund | $39.4M | $5.0M | 39 |
| LL MORTGAGE FUND, L.P. | PRIVATE FUND INVESTING IN MORTGAGE BACKED SECURITIES; INVESTOR HAS DISCRETIONARY WITHDRAWAL RIGHTS. | $825.6M | $5.0M | 197 |
| LL PRIVATE LENDING FUND II, L.P. | PRIVATE FUND THAT EXTENDS LOAN FACILITIES TO PRIVATE OPERATING COMPANIES; INVESTOR HAS DISCRETIONARY WITHDRAWAL RIGHTS. | $153.6M | $5.0M | 100 |
| LL PRIVATE LENDING FUND, L.P. | PRIVATE FUND THAT EXTENDS LOAN FACILITIES TO PRIVATE OPERATING COMPANIES; INVESTOR HAS DISCRETIONARY WITHDRAWAL RIGHTS. | $290.5M | $5.0M | 131 |
| LL STRATEGIC OPPORTUNITIES FUND, L.P. INTERMEDIATE RISK ABS PORTFOLIO 2021 SERIES | Private Equity Fund | $42.1M | $1.0M | 3 |
| LL STRATEGIC OPPORTUNITIES FUND, L.P. LL OPPORTUNISTIC ABS 2022 SERIES | Private Equity Fund | $256.4M | $1.0M | 84 |
| LL STRATEGIC OPPORTUNITIES FUND, L.P. LLCP I FOLLOW-ON SERIES | Private Equity Fund | $5.0M | $1.0M | 80 |
| LL STRATEGIC OPPORTUNITIES FUND, L.P. RENEW FINANCIAL SERIES | Private Equity Fund | $13.0M | $1.0M | 23 |
| LL STRATEGIC OPPORTUNITIES FUND, L.P. TRADABLE INTERMEDIATE SERIES | Hedge Fund | $15.0M | $1.0M | 1 |
| LLCP I CO-INVEST (DIVIDEND FINANCE), L.P. | Private Equity Fund | $5.1M | $0.0M | 51 |
| ULTRA CAPITAL ENERGY TRANSITION FUND III, L.P. | Private Equity Fund | $39.4M | $5.0M | 16 |
| ULTRA CAPITAL RAV I FOLLOW-ON FUND, LLC | Private Equity Fund | $0.1M | $3.0M | 44 |
| ULTRA CAPITAL SUSTAINABLE INFRASTRUSTURE FUND II, L.P. | Private Equity Fund | $127.9M | $5.0M | 41 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SELLA, ROBERTO, MARCO | Individual | – | MANAGING PARTNER, PORTFOLIO MANAGER | 03/2009 | > 75% |
| FRICK, PAUL, ANTHONY | Individual | – | VICE PRESIDENT, CHIEF COMPLIANCE OFFICER | 02/2012 | < 5% |
| SKAWINSKI, MAREK | Individual | – | PARTNER, PORTFOLIO MANAGER | 01/2013 | < 5% |
| Mundy, Shivraj | Individual | – | PARTNER, PORTFOLIO MANAGER | 01/2017 | < 5% |
| MORRISSEY, JAMES, ANDREW | Individual | – | PARTNER, PORTFOLIO MANAGER | 04/2017 | < 5% |
| COES, RUFUS, PUTNAM | Individual | – | PARTNER, CHIEF OPERATING OFFICER | 07/2019 | < 5% |
| Krishnamurthy, Vijay, Kumar | Individual | – | PARTNER | 01/2021 | < 5% |
| PRANAV, DESAI, H. | Individual | – | CHIEF FINANCIAL OFFICER | 04/2022 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 9th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| Offerpad Solutions Inc. | CL A COM | 27M | 6M | LL Capital Partners I, L.P. |
| Offerpad Solutions Inc. | CL A COM | 2M | 504K | SIF V, LLC |