423 Wat
Private Equity FundFund ID 805-6763026649Delaware, United States
Gross assets
$7M
Min. investment
$10K
Beneficial owners
50
Size rank
Top 82%
Audited
No
Structure
Standalone
About this fund
423 Wat is a private equity fund managed by Harris Preston & Partners, LLC. The fund reports $7 million in gross assets, placing it among the top 82% of private funds by size. The stated minimum investment is $10,000. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-6763026649 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | No |
| Prepared per GAAP | No |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Hpep 4 | Private Equity | $77.1M |
| 2717 Gal | Private Equity | $51.8M |
| Hpep 3 | Private Equity | $50.5M |
See all 108 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is 423 Wat?
423 Wat reports $7 million in gross assets, among the top 82% of private funds by size.
What is the minimum investment for 423 Wat?
The stated minimum investment is $10,000.
Who manages 423 Wat?
423 Wat is managed by Harris Preston & Partners, LLC.
Does 423 Wat disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
H
Austin, TX
Service providers
Reported gross assets
$7MNo change
Mar '26Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 82%
Larger than 18% of 67,041 private funds
Gross assets vs Private Equity FundsTop 81%
Larger than 19% of 31,066 private equity funds
Minimum investmentTop 94%
Higher than 6% of funds reporting a minimum
Investor base
Adviser & related persons12%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.