Investment adviser · CRD 156785

KING STREET CAPITAL MANAGEMENT, L.P.

NEW YORK, NY, United States · Form ADV filed Mar 31, 2026

Regulatory AUM
$34.6B
Form ADV · Item 5.F
Client accounts
73
Accounts, not individual clients
Employees
247
Reported in this filing
Advisory professionals
99
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$17.3B$34.6BFY 2021: $24,857,000,000.00FY 2021FY 2022: $26,125,500,000.00FY 2022FY 2023: $28,414,700,000.00FY 2023FY 2024: $32,316,100,000.00FY 2024FY 2025: $34,568,100,000.00FY 2025

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$24,857,000,000199Mar 31, 2022
2022$26,125,500,000218Mar 30, 2023
2023$28,414,700,000224Mar 28, 2024
2024$32,316,100,000228Mar 31, 2025
2025$34,568,100,000247Mar 31, 2026

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 vehicles73$34,568,100,000100.0%
Filing source

Form ADV 2069453 · Mar 31, 2026 · Item 5.D

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

63 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

KS-G STUDENT HOUSING MASTER, L.P.Hedge Fund · Master$151MGross asset value
Fund administrator HEDGESERV (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-7444044026
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

KING STREET REAL ESTATE FUND (OFFSHORE PF) III, SCSPHedge Fund$150MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-6131558236
Reported beneficial owners
10
Minimum commitment
$10M
Form D file number
021-417450

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

KING STREET CAMPUS CO-INVEST, L.P.Hedge Fund$145MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator HEDGESERV (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-3257967618
Reported beneficial owners
1
Minimum commitment
$0
Form D file number
021-459589

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

KING STREET HEF MASTER FUND, LTD.Hedge Fund · Master$108MGross asset value
Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States Other funds reporting this name →
Prime broker BNP PARIBAS PRIME BROKERAGE, INC. NEW YORK, New York, United States Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

BARCLAYS CAPITAL INC.
SEC 8-41342

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

BNP PARIBAS PRIME BROKERAGE, INC.
CRD 24962 · SEC 8-40490

Fund details & source
Fund ID
805-1340560105
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

KING STREET REAL ESTATE FUND, L.P.Hedge Fund$68.2MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-9285184696
Reported beneficial owners
37
Minimum commitment
$10M
Form D file number
021-312592

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

KING STREET REAL ESTATE FUND II, L.P.Hedge Fund$65.2MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator HEDGESERV (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-2834836498
Reported beneficial owners
1
Minimum commitment
$10M
Form D file number
021-355134

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

KING STREET REAL ESTATE FUND (OFFSHORE PF) II, L.P.Hedge Fund$50.7MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator HEDGESERV (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-7118459451
Reported beneficial owners
3
Minimum commitment
$10M
Form D file number
021-355131

Form ADV 2069453 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Feb 26, 2026 · previous imported filing

  • Regulatory AUM$32,316,100,000 → $34,568,100,000
  • Client accounts60 → 73
  • Employees228 → 247
Filing source

Form ADV 2069453 · Mar 31, 2026 · Items 1 & 5

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$34.6B
Non-discretionary
$0

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

299 PARK AVENUE, 40TH FLOOR
NEW YORK, NY, 10171, United States

CRD 156785

Filing source

Form ADV 2069453 · Mar 31, 2026 · Items 1 & 5

Reported by KING STREET CAPITAL MANAGEMENT, L.P. (CRD 156785).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.