AUMdb

Lago Asset Management, Llc

SEC-registered Private Fund Manager · Small ($100M–$1B) CRD 305631 · SEC file 801-126267 · Chicago, IL · www.lagoinnovation.com
☆ Save with Pro ADV data as of Mar 25, 2026
Regulatory AUM
$605M
Discretionary
$605M
Clients
13
Avg AUM / client
$46.5M
Accounts
12
Employees
15

AUM over time

$165M $605M
Jun 2022 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 25, 2026

Who they serve

Client typeClientsAUM% of AUM
Business development companies 1 $191M 31.6%
Pooled investment vehicles (non-investment companies) 12 $414M 68.4%

Private funds (12)

Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $291M combined gross assets

FundTypeDomicileGross assetsOwners
Lago Innovation Fund Ii Qp, Lp Hedge Fund Delaware $87.7M 207
Lago Innovation Fund Iii Qp, Lp Hedge Fund Delaware $49.1M 188
Lago Innovation Fund I Qp, Lp Hedge Fund Delaware $34.9M 87
Lago Innovation Fund Ii Ai, Lp Hedge Fund Delaware $23.1M 99
Lago Innovation Fund I, Lp Hedge Fund Delaware $20.2M 90
Lago Delta Nine Fund Qp, Lp Private Equity Fund Delaware $18.2M 102
Lago Acceleration Fund I Qp, Lp Private Equity Fund Delaware $14.8M 115
Lago Innovation Fund Iii Ai, Lp Hedge Fund Delaware $14.3M 99
Lago Delta Nine Fund, Lp Private Equity Fund Delaware $11.3M 100
Lago Acceleration Fund I, Lp Private Equity Fund Delaware $7.1M 90
Lago D9 Equity Fund I Qp, Lp Private Equity Fund Delaware $6.3M 65
Lago D9 Equity Fund I, Lp Private Equity Fund Delaware $4.2M 78

People (5)

NameRole / titleCredentialsWith firm sinceOwnership
Gottfried, Timmy, Allen Member May 2019 (7y) 25% – 50%
Lafreniere, Heather, Lynn Member May 2019 (7y) 25% – 50%
Lederhausen, Mats, A Trustee Of Mats A Lederhausen 2000 Trust Dated July 10 2000 May 2019 (7y) 5% – 10%
Buffington, Mark, Andrew Trustee Of Revocable Trust Of Mark A Buffington Mar 2022 (4y) 5% – 10%
Knudsen, Todd, Eric Chief Financial Officer/Chief Compliance Officer Nov 2024 (2y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Mats A Lederhausen 2000 Trust Dated July 10 2000 Member May 2019 A 5% – 10%
Revocable Trust Of Mark A Buffington Member Mar 2022 A 5% – 10%

Undisclosed: 0% – 30% 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 (12, $291M gross assets)

FundTypeGross assetsMin. investmentOwners
Lago Innovation Fund Ii Qp, Lp Hedge Fund $87.7M $150K 207
Lago Innovation Fund Iii Qp, Lp Hedge Fund $49.1M $250K 188
Lago Innovation Fund I Qp, Lp Hedge Fund $34.9M $150K 87
Lago Innovation Fund Ii Ai, Lp Hedge Fund $23.1M $150K 99
Lago Innovation Fund I, Lp Hedge Fund $20.2M $150K 90
Lago Delta Nine Fund Qp, Lp Private Equity Fund $18.2M $150K 102
Lago Acceleration Fund I Qp, Lp Private Equity Fund $14.8M $150K 115
Lago Innovation Fund Iii Ai, Lp Hedge Fund $14.3M $250K 99
Lago Delta Nine Fund, Lp Private Equity Fund $11.3M $150K 100
Lago Acceleration Fund I, Lp Private Equity Fund $7.1M $150K 90
Lago D9 Equity Fund I Qp, Lp Private Equity Fund $6.3M $150K 65
Lago D9 Equity Fund I, Lp Private Equity Fund $4.2M $150K 78

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2026 3.28 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 investment companies
  • Portfolio management for pooled investment vehicles

Custody

Firm reports having 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 25, 2026.

View current Form ADV (SEC/IAPD) ↗