Rank
Sponsor
Funds
Scored
Avg Composite
Latest
1
Paradyme Asset Management, LLC
2
2
71
2019
2
DiversyFund
3
2
64
2020
3
Energea Global LLC
3
2
63
2021
4
Preferred Income Manager, LLC
2
2
61
2018
5
RealtyMogul
4
4
57
2021
6
Phoenix American Hospitality, LLC
2
2
56
2018
7
North Capital Private Securities Corp.
5
5
54
2019
8
SREIF Manager II, LLC
3
3
52
2018
9
MHP Portfolio, LLC and RV Horizons, Inc.
3
3
45
2015
10
Elevate.Money
2
2
45
2023
11
Cardone Capital, LLC
5
4
45
2021
12
MacKenzie Capital Management, LP
2
2
41
2021
13
Arrived Fund Manager, LLC
5
5
40
2021
14
North Capital, Inc.
2
2
25
2020
15
Fundrise Advisors, LLC
25
25
22
2022
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.
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.
Private fund managers with the strongest GP-LP alignment
Sponsors whose funds consistently put GP skin-in-the-game — meaningful co-invest commitments, clawback provisions, promote-heavy comp. Aggregated across the family.
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.