Deepwater Asset Management, LLC
● SEC registered since 2022CRD 316507SEC# 801-126301Minneapolis, MN
Ranks #3,741 of 6,037 private fund managers by regulatory AUM.
Reg. AUM
$566.5M
Fund GAV
$314.2M
Private funds
10
Employees
9
Accounts
11
Location
Minneapolis, MN
Deepwater Asset Management, LLC assets under management
Deepwater Asset Management, LLC is a registered investment adviser overseen by the SEC based in Minneapolis, MN. The firm has been registered since 2022. It reports $566.5 million in regulatory assets under management and employs 9 people. Deepwater Asset Management, LLC manages 10 private funds with combined gross assets of $314.2 million, including Loup Ventures Fund I LP. By regulatory assets, it ranks 3,741 of 6,037 private fund managers.
Deepwater Asset Management, LLC private funds
10 funds · $314.2M GAV| Fund | Type | Gross assets | Min. |
|---|---|---|---|
| Loup Ventures Fund I LP | Venture Capital | $76M | $200K |
| Deepwater SPV II LP | Venture Capital | $62.8M | $500K |
| Deepwater Public-Private Fund, LP | Hedge | $51.3M | $1M |
| Deepwater Vermillion Fund LP | Venture Capital | $47.9M | $50K |
| Deepwater Venture Fund II, LP | Venture Capital | $42.3M | $200K |
| Deepwater SPV IV LP | Venture Capital | $14.3M | $50K |
| Deepwater Late-Stage Fund II | Venture Capital | $9.9M | $50K |
| Deepwater SPV I, LP | Venture Capital | $5.1M | $50K |
| Deepwater SPV III LP | Venture Capital | $4.2M | $50K |
| Titan Partnership | Hedge | $362K | $100K |
Deepwater Asset Management, LLC owners & executives
3 reported| Name | Title | Ownership | Since |
|---|---|---|---|
| Andrew Hutchins Murphy Control | Managing Partner, Chief Compliance Officer | 25-50% | 2017 |
| Charles Eugene Munster Control | Managing Partner | 25-50% | 2017 |
| Douglas J Clinton Control | Managing Partner | 25-50% | 2017 |
Frequently asked questions
How much does Deepwater Asset Management, LLC manage?
Deepwater Asset Management, LLC reports $566.5 million in regulatory assets under management on its Form ADV.
How many private funds does Deepwater Asset Management, LLC manage?
Deepwater Asset Management, LLC manages 10 private funds with combined gross assets of $314.2 million.
How many employees does Deepwater Asset Management, LLC have?
Deepwater Asset Management, LLC reports 9 employees.
Where is Deepwater Asset Management, LLC located?
Deepwater Asset Management, LLC is based in Minneapolis, MN and has been SEC-registered since 2022.
Does Deepwater Asset Management, LLC disclose fund performance?
Deepwater Asset Management, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.
Contact & registration
| Address | 21 N. Third St. #250, Minneapolis, MN 55401 |
| Phone | 612-424-1393 |
| Office hours | 8:00 a.m. - 5:00 p.m. |
| SEC region | Chicago Regional Office (CHRO) |
| CIK | 1964171 |
| Discloses disciplinary history | No |
Regulatory AUM
$566.5M▲ 24%
Mar '25Form ADV, monthlyAug '26
How this firm compares
Regulatory AUMTop 45%
Larger than 55% of 16,340 advisers
AUM vs fund managersTop 62%
Larger than 38% of 6,037 private-fund managers
Number of fundsTop 25%
More funds than 75% of fund managers
EmployeesTop 43%
More than 57% of 16,820 advisers
Assets under management
$566.5Mregulatory AUM
Discretionary $566.5M
Fund type mix
Venture Capital8
Hedge2
Service providers
Auditor
Prime broker
Custodian
Administrator