AUMdb

Terrapin Asset Management, Llc

SEC-registered Investment Adviser CRD 134855 · SEC file 802-121926 · · WWW.TERRAPINPARTNERS.COM
☆ Save with Pro ADV data as of Mar 30, 2026
Regulatory AUM
Discretionary
Clients
Avg AUM / client
Accounts
Employees

AUM over time

$47.8M $444M
Mar 30, 2012 Mar 31, 2021

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026

Private funds (2)

Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $75.5M combined gross assets

FundTypeDomicileGross assetsOwners
Terrapin Realization Fund, Llc Hedge Fund Delaware $75.5M 17
Terrapin Fund Of Funds, L.P. Hedge Fund Delaware $50.0K 10

People (4)

NameRole / titleCredentialsWith firm sinceOwnership
Leight, Elizabeth, Barkin Trustee Apr 1998 (28y) GP / trustee / elected manager of Leight Family 1998 Irrevocable Trust (indirect)
Leight, Nathan, David Chairman/Chief Investment Officer Feb 2002 (25y) Less than 5%
Leight, Paul, Joshua Trustee Sep 2003 (23y) GP / trustee / elected manager of Leight Family 1998 Irrevocable Trust (indirect)
Schifrin, Stephen, Simon Chief Compliance Officer Jan 2013 (14y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Leight Family 1998 Irrevocable Trust Shareholder Feb 2002 A 75% or more

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (2, $75.5M gross assets)

FundTypeGross assetsMin. investmentOwners
Terrapin Realization Fund, Llc Hedge Fund $75.5M $100K 17
Terrapin Fund Of Funds, L.P. Hedge Fund $50.0K $1.0M 10

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/30/2026 801 KB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

Not reported.

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.

View current Form ADV (SEC/IAPD) ↗