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Newport Patriot, LLC

Hedge FundFund ID 805-8942026873Massachusetts, United States
Gross assets
$1B
Min. investment
$325M
Beneficial owners
1
Size rank
Top 8%
Audited
Yes
Structure
Standalone

About this fund

Newport Patriot, LLC is a hedge fund managed by Paamco Prisma, LLC. The fund reports $1 billion in gross assets, placing it among the top 8% of private funds by size. The stated minimum investment is $325 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 ID805-8942026873
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

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Molecule Master, LPHedge$11.64B
Jamboree Investments LPHedge$1.51B
Daniel Boone Fund LLCHedge$155.8M
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Frequently asked questions

How large is Newport Patriot, LLC?

Newport Patriot, LLC reports $1 billion in gross assets, among the top 8% of private funds by size.

What is the minimum investment for Newport Patriot, LLC?

The stated minimum investment is $325 million.

Who manages Newport Patriot, LLC?

Newport Patriot, LLC is managed by Paamco Prisma, LLC.

Does Newport Patriot, LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

P
Newport Beach, CA

Service providers

Prime broker
None reported
Custodian
Auditor

Reported gross assets

$1BNo change
Mar '26 — $1BApr '26 — $1BMay '26 — $1BJun '26 — $1B
Mar '26Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 8%
Larger than 92% of 67,041 private funds
Gross assets vs Hedge FundsTop 16%
Larger than 84% of 12,442 hedge funds
Minimum investmentTop 1%
Higher than 99% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.