Investment adviser · CRD 283612

TORONADO PARTNERS LLC

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Mar 17, 2026

Regulatory AUM
$254M
Form ADV · Item 5.F
Client accounts
2
Accounts, not individual clients
Employees
3
Reported in this filing
Advisory professionals
2
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles2$253,749,496100.0%
Filing source

Form ADV 2046141 · Mar 17, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

1 Private fund

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

TORONADO FUND, L.P.Hedge Fund · Last reported Mar 17, 2026$254MGross asset value

Form D fundraising filings

Toronado Fund, L.P.

Feeder funds

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP SAN FRANCISCO, California, United States
Custodian GOLDMAN SACHS EXECUTION & CLEARING, L.P. NEW YORK, New York, United States Related to adviser: No
Custodian JP MORGAN CHASE BANK NA NEW YORK, New York, United States Related to adviser: No
Custodian WELLS FARGO SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Prime broker BTIG, LLC SAN FRANCISCO, California, United States
Prime broker WELLS FARGO SECURITIES, LLC SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG LLP
PCAOB 185

GOLDMAN SACHS EXECUTION & CLEARING, L.P.
SEC 8-526

JP MORGAN CHASE BANK NA
LEI 7H6GLXDRUGQFU57RNE97

WELLS FARGO SECURITIES, LLC
SEC 8-22947

BTIG, LLC
CRD 122225 · SEC 8-65473

WELLS FARGO SECURITIES, LLC
CRD 7665 · SEC 8-22947

Fund details & source
Fund ID
805-6255732764
Reported beneficial owners
46
Minimum commitment
$1M
Form D file number
021-198621
Form D file number
021-262378

Form ADV 2046141 · Mar 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 17, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

50 CALIFORNIA ST, SUITE 1500
SAN FRANCISCO, CA, 94111, United States

CRD 283612

Filing source

Form ADV 2046141 · Mar 17, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.