Managers/Private credit/Pennsylvania/LL Funds

LL Funds

LL Funds is a private credit and private equity manager in Philadelphia, PA. It is registered with the SEC as an investment adviser with $2.6B in regulatory assets and 28 staff. It has 8 funds on file, the latest reported in July 2026.

Funds on file
8
Raised, all funds
$1.5B
Regulatory assets
$2.6B
Staff
28
Pension investors
None found
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Jul 2026 Ultra Capital Energy Transition Feeder Fund IV, L.P. Private equity $23.8M Not given
Jul 2026 Ultra Capital Energy Transition Fund IV, L.P. Private equity $86.1M Not given
Apr 2026 LL Mezzanine ABS Fund, L.P. Private credit $38.2M Not given
Apr 2026 LL Mezzanine ABS (USTE) Fund, L.P. Private credit $8.4M Not given
Apr 2026 LL Private Lending Fund II, L.P. Private credit $335.3M Not given
Apr 2025 Ultra Capital Energy Transition Feeder Fund III, L.P. Private equity $6.8M Not given
Apr 2025 Ultra Capital Energy Transition Fund III, L.P. Private equity $53.4M Not given
Nov 2024 LL Private Lending Fund, L.P. Private credit $928M Not given

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$2.6B
Employees28
Clients24 private funds and 1 other.
Control personsRufus, Putnam Coes, Paul, Anthony Frick, Vijay, Kumar Krishnamurthy, James, Andrew Morrissey, Shivraj Mundy, Desai, H. Pranav.
Private funds17 private funds holding $2.3B in gross assets.

Private funds it reports

FundTypeGross assets
LL Mortgage Fund Other $825.6M
LL Private Lending Fund Other $290.5M
LL Strategic Opportunities Fund, L.P. LL Opportunistic Abs 2022 Series Private equity $256.4M
LL Capital Partners Iii Private equity $166.9M
LL Private Lending Fund II Other $153.6M
LL Capital Partners II Private equity $137M
Ultra Capital Sustainable Infrastrusture Fund II Private equity $127.9M
LL Capital Partners II Parallel Private equity $110.9M
LL Capital Partners I Private equity $85.3M
LL Strategic Opportunities Fund, L.P. Intermediate Risk Abs Portfolio 2021 Series Private equity $42.1M
Ultra Capital Energy Transition Fund Iii Private equity $39.4M
LL Capital Partners IV Private equity $39.4M
LL Strategic Opportunities Fund, L.P. Tradable Intermediate Series Hedge fund $15M
LL Strategic Opportunities Fund, L.P. Renew Financial Series Private equity $13M
Llcp I Co-invest (dividend Finance) Private equity $5.1M