Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who helped establish the ABS industry, and who share 60+ combined years of proven ABS/Loan trading, banking and servicing leadership experience.
Capasse and Ross started the ABS Group at Merrill Lynch in the 1980s and conducted the first ABS issuances for many of the more than 40 ABS sectors in which Waterfall currently invests, including Small Balance Commercial Loans.
With ~$9.4 billion in assets under management (estimated as of 12/1/2020), Waterfall is noted for its relative value approach to investment.
Leveraging the extensive experience of its founding partners and expert portfolio managers, the firm sources, analyzes, and purchases non-traditional investments in an effort to seek an attractive risk/return profile.
By focusing on specialized "off the run" investments, Waterfall seeks to provide its clients with attractive, competitive returns that are uncorrelated to most traditional investment sectors. Intellectual Capital Group's headquarter offices are located in New York City.
Intellectual Capital Markets is One Firm of dedicated top professionals, who have come together to build a unrivaled asset trading and management firm. We are working together to execute each clients vision and maintain the highest ethical standards. Our firm focuses on our clients’ best interests and delivers the full resources of the Firm every day to help our clients execute. Each member of our team has played a significant role in the real-estate business and over the development of the real-estate industry and rapidly grew to become top operators and leaders. An Innovator in Asset Management and Fund Management, the Firm serves the asset management needs of corporations, institutional clients, and high net worth individuals. Intellectual Capital Markets takes a One Firm approach to business, working together across our business and actively bringing all of our talents and resources to bear for our clients.