AUMdb

Ll Funds, Llc

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 161552 · SEC file 801-74055 · Philadelphia, PA · TWITTER.COM
☆ Save with Pro ADV data as of Mar 31, 2026
Regulatory AUM
$2.6B
Discretionary
$2.6B
Clients
25
Avg AUM / client
$104M
Accounts
25
Employees
28

AUM over time

$986M $3.0B
Feb 14, 2012 Mar 31, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 24 $2.5B 96.4%
Other 1 $92.6M 3.55%

Private funds (17)

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Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $2.3B combined gross assets

FundTypeDomicileGross assetsOwners
Ll Mortgage Fund, L.P. Other Private Fund Delaware $826M 197
Ll Private Lending Fund, L.P. Other Private Fund Delaware $291M 131
Ll Strategic Opportunities Fund, L.P. Ll Opportunistic Abs 2022 Series Private Equity Fund Delaware $256M 84
Ll Capital Partners Iii, L.P. Private Equity Fund Delaware $167M 82
Ll Private Lending Fund Ii, L.P. Other Private Fund Delaware $154M 100
Ll Capital Partners Ii, L.P. Private Equity Fund Delaware $137M 46
Ultra Capital Sustainable Infrastrusture Fund Ii, L.P. master Private Equity Fund Delaware $128M 41
Ll Capital Partners Ii Parallel, L.P. Private Equity Fund Delaware $111M 19
Ll Capital Partners I, L.P. master Private Equity Fund Delaware $85.3M 100
Ll Strategic Opportunities Fund, L.P. Intermediate Risk Abs Portfolio 2021 Series Private Equity Fund Delaware $42.1M 3
Ultra Capital Energy Transition Fund Iii, L.P. master Private Equity Fund Delaware $39.4M 16
Ll Capital Partners Iv, L.P. Private Equity Fund Delaware $39.4M 39
Ll Strategic Opportunities Fund, L.P. Tradable Intermediate Series Hedge Fund Delaware $15.0M 1
Ll Strategic Opportunities Fund, L.P. Renew Financial Series Private Equity Fund Delaware $13.0M 23
Llcp I Co Invest (Dividend Finance), L.P. Private Equity Fund Delaware $5.1M 51

People (8)

NameRole / titleCredentialsWith firm sinceOwnership
Sella, Roberto, Marco Managing Partner, Portfolio Manager Mar 2009 (17y) 75% or more
Frick, Paul, Anthony Vice President, Chief Compliance Officer Feb 2012 (15y) Less than 5%
Skawinski, Marek Partner, Portfolio Manager Jan 2013 (14y) Less than 5%
Mundy, Shivraj Partner, Portfolio Manager Jan 2017 (10y) Less than 5%
Morrissey, James, Andrew Partner, Portfolio Manager Apr 2017 (9y) Less than 5%
Coes, Rufus, Putnam Partner, Chief Operating Officer Jul 2019 (7y) Less than 5%
Krishnamurthy, Vijay, Kumar Partner Jan 2021 (6y) Less than 5%
Pranav, Desai, H. Chief Financial Officer Apr 2022 (4y) Less than 5%

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 (17, $2.3B gross assets)

FundTypeGross assetsMin. investmentOwners
Ll Mortgage Fund, L.P. Other Private Fund $826M $5.0M 197
Ll Private Lending Fund, L.P. Other Private Fund $291M $5.0M 131
Ll Strategic Opportunities Fund, L.P. Ll Opportunistic Abs 2022 Series Private Equity Fund $256M $1.0M 84
Ll Capital Partners Iii, L.P. Private Equity Fund $167M $5.0M 82
Ll Private Lending Fund Ii, L.P. Other Private Fund $154M $5.0M 100
Ll Capital Partners Ii, L.P. Private Equity Fund $137M $5.0M 46
Ultra Capital Sustainable Infrastrusture Fund Ii, L.P. Private Equity Fund $128M $5.0M 41
Ll Capital Partners Ii Parallel, L.P. Private Equity Fund $111M $5.0M 19
Ll Capital Partners I, L.P. Private Equity Fund $85.3M $5.0M 100
Ll Strategic Opportunities Fund, L.P. Intermediate Risk Abs Portfolio 2021 Series Private Equity Fund $42.1M $1.0M 3
Ultra Capital Energy Transition Fund Iii, L.P. Private Equity Fund $39.4M $5.0M 16
Ll Capital Partners Iv, L.P. Private Equity Fund $39.4M $5.0M 39
Ll Strategic Opportunities Fund, L.P. Tradable Intermediate Series Hedge Fund $15.0M $1.0M 1
Ll Strategic Opportunities Fund, L.P. Renew Financial Series Private Equity Fund $13.0M $1.0M 23
Llcp I Co Invest (Dividend Finance), L.P. Private Equity Fund $5.1M $0 51
Ll Strategic Opportunities Fund, L.P. Llcp I Follow On Series Private Equity Fund $5.0M $1.0M 80
Ultra Capital Rav I Follow On Fund, Llc Private Equity Fund $67.0K $3.0M 44

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/31/2026 5.27 MB 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

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses/institutional clients

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

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

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.

View current Form ADV (SEC/IAPD) ↗