Investment adviser · CRD 147353

FLEXSTONE PARTNERS, LLC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Sep 30, 2026

Regulatory AUM
$7.2B
Form ADV · Item 5.F
Client accounts
48
Accounts, not individual clients
Employees
46
Reported in this filing
Advisory professionals
21
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles48$7,201,604,218100.0%
Filing source

Form ADV 2128638 · Sep 30, 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

44 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.

CNP CPE (270), L.P.Private Equity Fund · Last reported Sep 30, 2026$885MGross asset value
Fund administrator IQ-EQ NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICE WATERHOUSE COOPERS NEW YORK, New York, United States
Custodian WELLS FARGO BANK NA SAN FRANCISCO, California, 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

PRICE WATERHOUSE COOPERS
PCAOB 238

WELLS FARGO BANK NA
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-2374800782
Reported beneficial owners
1
Minimum commitment
$1M

Form ADV 2128638 · Sep 30, 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.

HOSTPLUS US EMP, LLCPrivate Equity Fund · Last reported Sep 30, 2026$581MGross asset value
Fund administrator IQ-EQ NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICE WATERHOUSE COOPERS NEW YORK, New York, United States
Custodian WELLS FARGO BANK NA SAN FRANCISCO, California, 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

PRICE WATERHOUSE COOPERS
PCAOB 238

WELLS FARGO BANK NA
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-5957505866
Reported beneficial owners
1
Minimum commitment
$1M

Form ADV 2128638 · Sep 30, 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.

CRE 270, L.P.Private Equity Fund · Last reported Sep 30, 2026$427MGross asset value
Fund administrator IQ-EQ NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICE WATERHOUSE COOPERS NEW YORK, New York, United States
Custodian WELLS FARGO BANK NA SAN FRANCISCO, California, 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

PRICE WATERHOUSE COOPERS
PCAOB 238

WELLS FARGO BANK NA
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-6813020363
Reported beneficial owners
1
Minimum commitment
$500K

Form ADV 2128638 · Sep 30, 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.

CRE EVJ, L.P.Private Equity Fund · Last reported Sep 30, 2026$401MGross asset value
Fund administrator IQ-EQ NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICE WATERHOUSE COOPERS NEW YORK, New York, United States
Custodian WELLS FARGO BANK NA SAN FRANCISCO, California, 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

PRICE WATERHOUSE COOPERS
PCAOB 238

WELLS FARGO BANK NA
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-9483794128
Reported beneficial owners
1
Minimum commitment
$500K

Form ADV 2128638 · Sep 30, 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.

GLOUSTON PRIVATE EQUITY OPPORTUNITIES VII, L.P.Private Equity Fund · Last reported Sep 30, 2026$387MGross asset value

Feeder funds

  • GLOUSTON PRIVATE EQUITY OPPORTUNITIES VII FTE, L.P.
Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States
Custodian BANK OF AMERICA, N.A. BOSTON, Massachusetts, United States Related to adviser: No
Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK NEWTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source
Fund ID
805-8746457022
Reported beneficial owners
150
Minimum commitment
$250K
Form D file number
021-438774

Form ADV 2128638 · Sep 30, 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.

PRIVATE EQUITY US OPPORTUNITIES III, L.P.Private Equity Fund · Last reported Sep 30, 2026$295MGross asset value

Form D fundraising filings

Private Equity U.S. Opportunities III, L.P.

Fund administrator IQ-EQ NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICE WATERHOUSE COOPERS NEW YORK, New York, United States
Custodian WELLS FARGO BANK NA SAN FRANCISCO, California, 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

PRICE WATERHOUSE COOPERS
PCAOB 238

WELLS FARGO BANK NA
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-6450045224
Reported beneficial owners
76
Minimum commitment
$250K
Form D file number
021-270482

Form ADV 2128638 · Sep 30, 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.

CNP US (270)(2016-2019), L.P.Private Equity Fund · Last reported Sep 30, 2026$286MGross asset value
Fund administrator IQ-EQ NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICE WATERHOUSE COOPERS NEW YORK, New York, United States
Custodian WELLS FARGO BANK NA SAN FRANCISCO, California, 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

PRICE WATERHOUSE COOPERS
PCAOB 238

WELLS FARGO BANK NA
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-5166316563
Reported beneficial owners
2
Minimum commitment
$1M

Form ADV 2128638 · Sep 30, 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: Sep 30, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

575 FIFTH AVENUE, 22ND FLOOR
NEW YORK, NY, 10017, United States

CRD 147353

Filing source

Form ADV 2128638 · Sep 30, 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.