PPrivate Fund Data
CompaniesFundsPeopleRankingsScreener

Prospect Street Partners, Ltd

Hedge FundFund ID 805-3898063279Florida, United States
Gross assets
$167M
Min. investment
$1M
Beneficial owners
2
Size rank
Top 34%
Audited
No
Structure
Standalone

About this fund

Prospect Street Partners, Ltd is a hedge fund managed by Water Street Capital, Inc.. The fund reports $167 million in gross assets, placing it among the top 34% of private funds by size. The stated minimum investment is $1 million. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-3898063279
Fund typeHedge Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditNo
Prepared per GAAPNo
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Water Street Partners, LtdHedge$681.5M
Alexander Street Partners, LtdHedge$286.9M
Bay Street Associates, LtdHedge$261.1M
See all 4 funds from this manager — unlock the full record.
Join to unlock · $37/mo

Frequently asked questions

How large is Prospect Street Partners, Ltd?

Prospect Street Partners, Ltd reports $167 million in gross assets, among the top 34% of private funds by size.

What is the minimum investment for Prospect Street Partners, Ltd?

The stated minimum investment is $1 million.

Who manages Prospect Street Partners, Ltd?

Prospect Street Partners, Ltd is managed by Water Street Capital, Inc.

Does Prospect Street Partners, Ltd disclose returns?

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

Manager

Service providers

Prime broker
Administrator
Auditor
None reported

Reported gross assets

$167M▲ 9%
Mar '25 — $153.4MApr '25 — $153.4MMay '25 — $153.4MJun '25 — $153.4MJul '25 — $153.4MAug '25 — $153.4MSep '25 — $153.4MOct '25 — $153.4MNov '25 — $153.4MDec '25 — $153.4MJan '26 — $153.4MFeb '26 — $153.4MMar '26 — $167MApr '26 — $167MMay '26 — $167MJun '26 — $167M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 34%
Larger than 66% of 67,041 private funds
Gross assets vs Hedge FundsTop 47%
Larger than 53% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.