Ableco, L.L.C.
Ableco, L.L.C. is a hedge fund organized in Delaware, United States and advised by Cerberus Capital Management, L.P. Its adviser reported $1,062,043 in gross assets for the fund on Form ADV, filed Dec 23, 2024. It reported 46 beneficial owners. The minimum investment it accepts is $3,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $1,062,043As reported on Form ADV
- Beneficial owners
- 46
- Minimum investment
- $3,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Delaware, United States
- Auditor
- Pricewaterhousecoopers LLP
- Administrator
- J.P. Morgan Chase Bank, N.A.
- Custodian
- Deutsche Bank Trust Company Americas; The Bank of New York Mellon
- Adviser
- Cerberus Capital Management, L.P. · New York, NY · CRD 152175
- Reported on
- Dec 23, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Ableco, L.L.C.
What is the minimum investment for Ableco, L.L.C.?
According to its adviser's Form ADV filed Dec 23, 2024, the minimum investment Ableco, L.L.C. accepts is $3,000,000.
Who can invest in Ableco, L.L.C.?
Ableco, L.L.C. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Ableco, L.L.C.?
Its adviser reported $1,062,043 in gross assets on Form ADV filed Dec 23, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Ableco, L.L.C.?
Ableco, L.L.C. is advised by Cerberus Capital Management, L.P., based in New York, NY.
Who are Ableco, L.L.C.'s service providers?
Its Form ADV lists Pricewaterhousecoopers LLP as auditor and J.P. Morgan Chase Bank, N.A. as administrator.
Other funds advised by Cerberus Capital Management, L.P.
- Sonoran Private Credit Opportunities Fund, LLC$4.0B
- Sevetti Fund LP$3.0B
- Cerberus Redwood Levered Loan Opportunities Fund A, L.P.$2.0B
- Cerberus Offshore Levered Loan Opportunities Master Fund IV, L.P.$2.0B
- Cerberus Redwood Levered Loan Opportunities Fund B, L.P.$2.0B
- Cerberus Centerpiece Gnpl Fund II, L.P.$1.6B
- Cerberus Psers Levered Loan Opportunities Fund, L.P.$1.5B
- Cerberus Cmbs Parallel Fund, L.P.$1.3B