Pandemic Darlings The pandemic economy, in original documents
Home Source documents Waterfall Asset Management, About Us firm founded 2005 by Capasse and Ross; ~$13.1B AUM…

Waterfall Asset Management, About Us firm founded 2005 by Capasse and Ross; ~$13.1B AUM

Archived source: Waterfall Asset Management, About Us firm founded 2005 by Capasse and Ross; ~$13.1B AUM. Captured from www.waterfallam.com.

Cited in: Thomas Capasse

Full text

Driven by Excellence

Driven by Excellence

Waterfall was founded in 2005 by Jack Ross and Tom Capasse, who established Merrill Lynch’s ABS Group in the 1980s. Members of the senior team were early participants in many of the asset finance sectors the firm now targets. Since our founding, we have grown to more than 150 employees across our New York City headquarters and offices in London and Dublin.

Institutional investors comprise approximately 90 percent of Waterfall’s client-base, including a broad range of public and corporate pensions, endowments, foundations, sovereign wealth funds, insurance companies, and family offices.

Progress and Achievement

1980s – 1990s

Future founders Jack Ross and Tom Capasse build the Merrill Lynch Asset Finance business by creating some of the first securitizations in many of the sectors that exist today

2007

Flagship loan strategy launches

2015

Over $5B in assets with 70 firm professionals

2017

Private equity strategy focused on lower middle-market financial services launches

2022

Commercial real estate equity strategy (Atlas Fund) and CUSIP dislocation fund strategy launches

2025

Waterfall’s Private Asset-Backed Credit Fund launches with over $252M in LP commitments

2005

Jack Ross and Tom Capasse found Waterfall

Flagship high yield asset-backed credit strategy launches

2011

Stand-alone small balance commercial loan strategy launches

Sutherland spins off with $55M in assets by year-end

2016

London office opens

Ready Capital REIT begins trading on the NYSE (Ticker: RC) with over $500M in assets

2021

More than $10B in assets with 171 firm professionals

2023

Ready Capital reaches $2.8B capital and becomes the fourth largest commercial mortgage REIT

File and source

File
about-us_6c117dc7dbd425c0.html
Size
38,034 bytes
SHA-256
c73487d46a815babbd169942d4fc655e5e7e350540bae6412390304a2bb9f608
Our copy
about-us_6c117dc7dbd425c0.html
Original
www.waterfallam.com
Back to top