RxR Waterfall, LP
RxR Waterfall, LP is a hedge fund based in Orinda, California. According to its most recent Form D, filed Jan 6, 2026, the fund has sold $250,974,074 of interests to 12 investors since its first sale in Jul 2018. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include SC Partners Investment, LLC; SCP Investment, LP; Kara Dille.
Performance
No verified returns have been reported for this fund. As a rough guide, SCP Investment, LP, which manages it, disclosed U.S. stock holdings that returned an estimated +7.2% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is -4.4% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $250,974,074Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jul 1, 2018
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- SC Partners Investment, LLC; SCP Investment, LP; Kara Dille
- Latest Form D
- Jan 6, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about RxR Waterfall, LP
What is the minimum investment for RxR Waterfall, LP?
According to its latest Form D, filed Jan 6, 2026, the minimum investment RxR Waterfall, LP accepts from an outside investor is $1,000,000.
Who can invest in RxR Waterfall, LP?
RxR Waterfall, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has RxR Waterfall, LP raised?
RxR Waterfall, LP reports $250,974,074 sold from 12 investors on its Form D filed Jan 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is RxR Waterfall, LP based?
RxR Waterfall, LP is based in Orinda, California and is managed by SCP Investment, LP.
When did RxR Waterfall, LP launch?
RxR Waterfall, LP reports its first sale in Jul 2018.
Size compared with every hedge fund
Raised more than 80% of the 1,060 hedge funds based in California, and more than 73% of all 10,308 that report sales.