Verdad Advisers, L.P.
- Regulatory AUM
- $1.2B
- Discretionary
- $1.2B
- Clients
- 33
- Avg AUM / client
- $35.8M
- Accounts
- 33
- Employees
- 8
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 11, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 14 | $693M | 58.7% |
| Other | 19 | $487M | 41.3% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $414M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Verdad Japan Small Value Fund, L.P. master | Hedge Fund | Delaware | $116M | 43 |
| Verdad Deephaven Fund, L.P. master | Hedge Fund | Delaware | $86.8M | 75 |
| Verdad Leveraged Company Fund, L.P. master | Hedge Fund | Delaware | $82.4M | 71 |
| Verdad Japan Fund, L.P. master | Hedge Fund | Delaware | $69.3M | 78 |
| Verdad Europe Fund, L.P. master | Hedge Fund | Delaware | $44.6M | 42 |
| Verdad Credit Fund, L.P. master | Hedge Fund | Delaware | $15.7M | 20 |
People (1)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Rasmussen, Daniel | Limited Partner, Managing Partner, Cco | Mar 2014 (12y) | 50% – 75% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Verdad Asset Management, Llc | General Partner | Mar 2014 | A | Less than 5% |
| Daniel Rasmussen | Member & Manager | Mar 2014 | B | GP / trustee / elected manager of Verdad Asset Management, Llc (indirect) |
Undisclosed: 20% – 50% 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 (6, $414M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Verdad Japan Small Value Fund, L.P. | Hedge Fund | $116M | $500K | 43 |
| Verdad Deephaven Fund, L.P. | Hedge Fund | $86.8M | $5.0M | 75 |
| Verdad Leveraged Company Fund, L.P. | Hedge Fund | $82.4M | $500K | 71 |
| Verdad Japan Fund, L.P. | Hedge Fund | $69.3M | $500K | 78 |
| Verdad Europe Fund, L.P. | Hedge Fund | $44.6M | $500K | 42 |
| Verdad Credit Fund, L.P. | Hedge Fund | $15.7M | $500K | 20 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/11/2026 | 2.48 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 individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Northern Trust $487M (41% of AUM) Mar 2026
- Interactive Brokers $20.0M (2% of AUM) Mar 2025
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 11, 2026.
View current Form ADV (SEC/IAPD) ↗