Investment adviser · CRD 316507

DEEPWATER ASSET MANAGEMENT, LLC

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed Aug 12, 2026

Regulatory AUM: $567M
Client accounts: 11
Employees: 9
Advisory professionals: 5

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	10	$335,014,308	59.1%
Investment companies	1	$231,520,000	40.9%

Filing source

Form ADV 2125168 · Aug 12, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

12 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

LOUP VENTURES FUND I LPVenture Capital Fund · Last reported Aug 12, 2026$76MGross asset value

Form D fundraising filings

Loup Ventures Fund I, L.P.

Fund administrator ADURO ADVISORS SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-1017630052
Reported beneficial owners: 99
Minimum commitment: $200K
Form D file number: 021-290343

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

DEEPWATER SPV II LPVenture Capital Fund · Last reported Aug 12, 2026$62.8MGross asset value

Form D fundraising filings

Deepwater SPV II LP

Fund administrator ADURO ADVISORS SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-2525568016
Reported beneficial owners: 37
Minimum commitment: $500K
Form D file number: 021-515420

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

DEEPWATER PUBLIC-PRIVATE FUND, LPHedge Fund · Last reported Aug 12, 2026$51.3MGross asset value

Form D fundraising filings

Deepwater Public-Private Fund, LP

Fund administrator SECURITIZE DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker JEFFRIES NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

PERSHING LLC
SEC 8-17574

Fund details & source

Fund ID: 805-5901785308
Reported beneficial owners: 97
Minimum commitment: $1M
Form D file number: 021-404215

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

DEEPWATER VERMILLION FUND LPVenture Capital Fund · Last reported Aug 12, 2026$47.9MGross asset value

Fund administrator ADURO ADVISORS DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian JP MORGAN CHASE BANK NA NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

Fund details & source

Fund ID: 805-6307247013
Reported beneficial owners: 1
Minimum commitment: $50K

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

DEEPWATER VENTURE FUND II, LPVenture Capital Fund · Last reported Aug 12, 2026$42.3MGross asset value

Form D fundraising filings

Deepwater Venture Fund II, L.P.

Fund administrator ADURO ADVISORS SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-9646553816
Reported beneficial owners: 99
Minimum commitment: $200K
Form D file number: 021-501249

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

DEEPWATER SPV IV LPVenture Capital Fund · Last reported Aug 12, 2026$14.3MGross asset value

Fund administrator ADURO ADVISORS DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian JP MORGAN CHASE BANK NA NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

Fund details & source

Fund ID: 805-6206639710
Reported beneficial owners: 1
Minimum commitment: $50K

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

DEEPWATER LATE-STAGE FUND IIVenture Capital Fund · Last reported Aug 12, 2026$9.88MGross asset value

Fund administrator ADURO ADVISORS SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM
PCAOB 49

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-2749848209
Reported beneficial owners: 99
Minimum commitment: $50K
Form D file number: 021-501250

Form ADV 2125168 · Aug 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 12, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

21 N. THIRD ST. #250
MINNEAPOLIS, MN, 55401, United States

CRD 316507

Filing source

Form ADV 2125168 · Aug 12, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.