Lionstone Fund, LP
Hedge FundFund ID 805-8856518028Delaware, United States
Gross assets
$146M
Min. investment
$1M
Beneficial owners
24
Size rank
Top 37%
Audited
Yes
Structure
Standalone
About this fund
Lionstone Fund, LP is a hedge fund managed by Lionstone Capital Management LLC. The fund reports $146 million in gross assets, placing it among the top 37% of private funds by size. The stated minimum investment is $1 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-8856518028 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lionstone Global Special Situations Fund, L.P. | Hedge | $488.4M |
| Lionstone Insurance Fund, LP | Hedge | $114.8M |
| Lionstone Fund, Ltd. | Hedge | $48.6M |
Frequently asked questions
How large is Lionstone Fund, LP?
Lionstone Fund, LP reports $146 million in gross assets, among the top 37% of private funds by size.
What is the minimum investment for Lionstone Fund, LP?
The stated minimum investment is $1 million.
Who manages Lionstone Fund, LP?
Lionstone Fund, LP is managed by Lionstone Capital Management LLC.
Does Lionstone Fund, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
L
New York, NY
Service providers
Reported gross assets
$146M▲ 12%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 37%
Larger than 63% of 67,041 private funds
Gross assets vs Hedge FundsTop 49%
Larger than 51% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons13%
Funds of funds11%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.