Hedge fund profile
Western Alternative Strategies, L.P. Tail Risk
Western Alternative Strategies, L.P. Tail Risk is reported as a hedge fund in Form ADV private-fund disclosures. The adviser is True North Advisors, LLC, based in Dallas, Texas, United States.
$15.7Mgross assets
$500Kminimum
145owners
3(c)(7)exemption
Disclosure fields
Fund facts
SEC private fund ID805-4301169615
Reference ID255260
JurisdictionDelaware, United States
Fund of fundsYes
Master fundNo
Feeder fundNo
Non-US ownership0%
Assets valued100%
Annual auditYes
GAAPYes
Source periodJanuary 2026
Date submitted01/05/2026 08:33:45 AM
Adviser
TypeRegistered investment adviser
SEC number801-66250
CRD116048
Regulatory AUM$4.5B
Compliance signals
Exempt from registration Sales limitation not marked No prime broker flag Custodians reported
Service providers
Reported counterparties
General partners
Chris Pate - PresidentDhruv Maniktala- Vice PresidentScott Wood - TreasurerMark Gehlbach - SecretaryTnwasgp. LLC
Auditors
WEAVER, LLP
Custodians
NORTHBROOK BANK AND TRUST COMPANY N.A.
Administrators
TRUSTSERVE, LP
Same adviser