AUMdb
WI

Wayzata Investment Partners Llc

SEC-registered Private Fund Manager · Boutique (under $100M) CRD 132046 · SEC file 801-63304 · Wayzata, MN
☆ Save with Pro ADV data as of Mar 30, 2026
Regulatory AUM
$9.4M
Discretionary
$9.4M
Clients
2
Avg AUM / client
$4.7M
Accounts
2
Employees
4

AUM over time

$9.4M $8.5B
Mar 29, 2012 Mar 30, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026

Investments (13F portfolio — 2 positions, $70,794)

13F period Sep 30, 2018
#IssuerClassValueShares% of 13F% of AUM
1 Avaya Hldgs Corp COM $52,977 2,392,830 74.8% 0.56%
2 Lazydays Hldgs Inc COM $17,817 2,359,905 25.2% 0.19%

Top 25 of 2 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 2 $9.4M 100.0%

Private funds (2)

Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $129M combined gross assets

FundTypeDomicileGross assetsOwners
Wayzata Opportunities Fund Iii, L.P. Hedge Fund Delaware $125M 109
Wayzata Opportunities Fund Offshore Iii, L.P. Hedge Fund Cayman Islands $4.6M 11

People (10)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Halloran, Kathleen, Anne Trustee Jan 2004 (23y) ≈ 9.38% – 37.5% via Kathleen A. Halloran Living Trust Agreement
Halloran, Patrick, Joseph Manager Jan 2004 (23y) Less than 5%
John Edward Foley Manager Member Jul 2004 (22y) ≈ 5% – 18.75% via Ajz Windmill Llc
Carlson, Blake, Matthew Manager Dec 2009 (17y) Less than 5%
Foley, Danae, Ann Member Dec 2009 (17y) ≈ 2.5% – 12.5% via Ajz Windmill Llc
Carlson, Candace, Rae Trustee Jun 2010 (16y) ≈ 1.88% – 12.5% via Candace R. Herstad Carlson Living Trust Dated May 24, 2010
Aubrey, Kelly, Marie Chief Operations Officer Oct 2016 (10y) Less than 5%
Schutt, Pia, Ellen Chief Financial Officer Oct 2016 (10y) Less than 5%
Burns, Mary, Irene Vice President And Chief Compliance Officer Oct 2017 (9y) Less than 5%
Wallander, Raphael, T Legal Officer Jan 2023 (4y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Map Holdings Llc Member Dec 2009 A 50% – 75%
Ajz Windmill Llc Member Dec 2009 A 10% – 25%
Bcwl Holdings, Llc Member Dec 2009 A 10% – 25%
Patrick J. Halloran Living Trust Agreement Member Jan 2004 B ≈ 25% – 56.25% via Map Holdings Llc
Blake M. Carlson Living Trust Dated May 24, 2010 Member Jun 2010 B ≈ 5% – 18.75% via Bcwl Holdings, Llc
Kathleen A. Halloran Living Trust Agreement Member Jan 2004 B ≈ 12.5% – 37.5% via Map Holdings Llc
Candace R. Herstad Carlson Living Trust Dated May 24, 2010 Member Jun 2010 B ≈ 2.5% – 12.5% via Bcwl Holdings, Llc

Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Halloran, Kathleen, Anne: 75% – 100% of Kathleen A. Halloran Living Trust Agreement × 25% – 50% of Map Holdings Llc × 50% – 75% direct ≈ 9.38% – 37.5% of the firm
  • John Edward Foley: 50% – 75% of Ajz Windmill Llc × 10% – 25% direct ≈ 5% – 18.75% of the firm
  • Foley, Danae, Ann: 25% – 50% of Ajz Windmill Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
  • Carlson, Candace, Rae: 75% – 100% of Candace R. Herstad Carlson Living Trust Dated May 24, 2010 × 25% – 50% of Bcwl Holdings, Llc × 10% – 25% direct ≈ 1.88% – 12.5% of the firm
  • Patrick J. Halloran Living Trust Agreement: 50% – 75% of Map Holdings Llc × 50% – 75% direct ≈ 25% – 56.25% of the firm
  • Blake M. Carlson Living Trust Dated May 24, 2010: 50% – 75% of Bcwl Holdings, Llc × 10% – 25% direct ≈ 5% – 18.75% of the firm
  • Kathleen A. Halloran Living Trust Agreement: 25% – 50% of Map Holdings Llc × 50% – 75% direct ≈ 12.5% – 37.5% of the firm
  • Candace R. Herstad Carlson Living Trust Dated May 24, 2010: 25% – 50% of Bcwl Holdings, Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (2, $129M gross assets)

FundTypeGross assetsMin. investmentOwners
Wayzata Opportunities Fund Iii, L.P. Hedge Fund $125M $10.0M 109
Wayzata Opportunities Fund Offshore Iii, L.P. Hedge Fund $4.6M $10.0M 11

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/30/2026 1.47 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Regulatory as of Oct 13, 2024

Allegations: ADMINISTRATIVE PROCEEDING FILE NO. 3-21914 A.RESPONDENT WAYZATA INVESTMENT PARTNERS CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-5 THEREUNDER. B.RESPONDENT WAYZATA INVESTMENT PARTNERS IS CENSURED. C.RESPONDENT WAYZATA INVESTMENT PARTNERS SHALL, WITHIN 10 DAYS OF THE ENTRY OF THIS ORDER, PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $60,000 TO THE SECURITIES AND EXCHANGE COMMISSION FOR TRANSFER TO THE GENERAL FUND OF THE UNITED STATES TREASURY, SUBJECT TO EXCHANGE ACT SECTION 21F(G)(3). Status: Final Sanction Detail: ON APRIL 15, 2024 THE SEC ISSUED AN ADMINISTRATIVE PROCEEDING FILE NO. 3-21914. WAYZATA REMITTED A CIVIL PENALTY ON APRIL 16, 2024. Summary: ADMINISTRATIVE PROCEEDING FILE NO. 3-21914 DATED APRIL 15, 2024 A.RESPONDENT WAYZATA INVESTMENT PARTNERS CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-5 THEREUNDER. B.RESPONDENT WAYZATA INVESTMENT PARTNERS IS CENSURED. C.RESPONDENT WAYZATA INVESTMENT PARTNERS SHALL, WITHIN 10 DAYS OF THE ENTRY OF THIS ORDER, PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $60,000 TO THE SECURITIES AND EXCHANGE COMMISSION FOR TRANSFER TO THE GENERAL FUND OF THE UNITED STATES TREASURY, SUBJECT TO EXCHANGE ACT SECTION 21F(G)(3).

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

  • Performance-based fees

Services

  • Portfolio management for pooled investment vehicles

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.

View current Form ADV (SEC/IAPD) ↗