Western Alternative Strategies, L.P. Multi-Strategy Series
Hedge FundFund ID 805-9945961104Delaware, United States
Gross assets
$287.4M
Min. investment
$500K
Beneficial owners
150
Size rank
Top 25%
Audited
Yes
Structure
Standalone
About this fund
Western Alternative Strategies, L.P. Multi-Strategy Series is a hedge fund managed by True North Advisors, LLC. The fund reports $287.4 million in gross assets, placing it among the top 25% of private funds by size. The stated minimum investment is $500,000. 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 | 805-9945961104 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| 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 |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Western Alternative Strategies, L.P. - Income | Other Private | $158.3M |
| Western Alternative Strategies, L.P. - Active Equity | Hedge | $82.7M |
| Western Alternative Strategies, L.P. - Equity | Hedge | $52M |
| Western Alternative Strategies, L.P. - Gps VI | Other Private | $43.4M |
| Western Alternative Strategies, L.P. - Gps IV | Other Private | $38.7M |
| Western Alternative Strategies, L.P. - Gps V | Other Private | $38.6M |
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Join to unlock · $37/moFrequently asked questions
How large is Western Alternative Strategies, L.P. Multi-Strategy Series?
Western Alternative Strategies, L.P. Multi-Strategy Series reports $287.4 million in gross assets, among the top 25% of private funds by size.
What is the minimum investment for Western Alternative Strategies, L.P. Multi-Strategy Series?
The stated minimum investment is $500,000.
Who manages Western Alternative Strategies, L.P. Multi-Strategy Series?
Western Alternative Strategies, L.P. Multi-Strategy Series is managed by True North Advisors, LLC.
Does Western Alternative Strategies, L.P. Multi-Strategy Series disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager

Dallas, TX
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$287.4M▲ 25%
Mar '25Form ADV, monthlyAug '26
How this fund compares
Gross assetsTop 25%
Larger than 75% of 67,603 private funds
Gross assets vs Hedge FundsTop 36%
Larger than 64% of 12,594 hedge funds
Minimum investmentTop 50%
Higher than 50% of funds reporting a minimum
Investor base
Adviser & related persons5%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.