Rank
Sponsor
Funds
Scored
Avg Alignment
Latest
1
Paradyme Asset Management, LLC
2
2
33
2019
2
DiversyFund
3
2
28
2020
3
Elevate.Money
2
2
25
2023
4
RealtyMogul
4
4
20
2021
5
North Capital Private Securities Corp.
5
5
19
2019
6
Fundrise Advisors, LLC
25
25
18
2022
7
Cardone Capital, LLC
5
4
18
2021
8
Energea Global LLC
3
2
18
2021
9
North Capital, Inc.
2
2
18
2020
10
MHP Portfolio, LLC and RV Horizons, Inc.
3
3
17
2015
11
Arrived Fund Manager, LLC
5
5
15
2021
12
MacKenzie Capital Management, LP
2
2
15
2021
13
Preferred Income Manager, LLC
2
2
15
2018
14
SREIF Manager II, LLC
3
3
12
2018
15
Phoenix American Hospitality, LLC
2
2
10
2018
Other sponsor rankings
Largest private fund managers by fund count
Sponsors with the deepest bench — fund managers with the most distinct private funds tracked on Waterfalls. Volume signals platform scale and franchise depth.
Most LP-favorable private fund managers
Sponsors whose funds, on average, score highest on Waterfalls composite LP-favorability. Aggregated across every scored fund in the family.
Private fund managers with the lowest fee drag
Sponsors who run the lightest fee load across their fund families. Averaged across every scored fund — a structural signal of the manager's pricing philosophy.
Top real estate debt fund sponsors
Sponsors running the most private real-estate debt funds — senior origination, mezzanine, and bridge lending strategies.
Top multifamily / apartment fund sponsors
Sponsors most active in multifamily / apartment private funds — institutional and middle-market apartment GPs ranked by how many tracked funds they run in this asset class.
Top Senior Living & Healthcare RE fund sponsors
Sponsors most active in Senior Living & Healthcare RE private funds, ranked by tracked fund count in this asset class.
Top Hospitality / Hotels fund sponsors
Sponsors most active in Hospitality / Hotels private funds, ranked by tracked fund count in this asset class.
Top industrial / warehouse / logistics fund sponsors
Sponsors running the most industrial private funds — distribution, warehousing, last-mile logistics specialists.
Ranked by fund
Top private funds by LP-favorability
Highest-scoring private funds across every asset class — ranked by Waterfalls composite LP-favorability score.
Private funds with the highest preferred return
Private funds ranked by stated preferred return rate. Higher pref means LPs hit return-of-capital plus an annual yield before any GP promote kicks in.
Most LP-favorable private funds (highest LP take)
Private funds where the LP captures the highest share of every gross-proceeds dollar in a standard 1.75x exit scenario.
Private funds with the lowest fee drag
Lightest fee load on LP returns. Lower fee drag = more of the fund's gross profit reaching the LP.
Private funds with the strongest GP-LP alignment
GPs with skin in the game — meaningful capital commitment, clawback provisions, promote-heavy compensation. Ranked by Waterfalls alignment dimension.