Investment adviser · CRD 135140

LOCUST WOOD CAPITAL ADVISERS, LLC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Mar 27, 2026

Regulatory AUM: $4.4B
Client accounts: 17
Employees: 12
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
Other investment advisers	6	$1,396,783,189	31.8%
Pooled investment vehicles	2	$1,300,643,855	29.6%
Retirement plans	Fewer than 5	$658,054,898	15.0%
Government entities	Fewer than 5	$615,301,302	14.0%
Sovereign wealth & foreign institutions	Fewer than 5	$242,141,100	5.5%
Charities	Fewer than 5	$85,900,835	2.0%
High-net-worth individuals	Fewer than 5	$60,014,863	1.4%
Insurance companies	Fewer than 5	$37,018,847	0.8%
Individuals	Fewer than 5	$0	0.0%
Banks & thrifts	Fewer than 5	$0	0.0%
Corporations & businesses	Fewer than 5	$0	0.0%
Other clients	Fewer than 5	$0	0.0%

Filing source

Form ADV 2079378 · Mar 27, 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

3 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.

LOCUST WOOD CAPITAL, LPHedge Fund · Last reported Mar 27, 2026$1.09BGross asset value

Form D fundraising filings

LOCUST WOOD CAPITAL LP

Feeder funds

LOCUST WOOD CAPITAL OFFSHORE, LTD.

Fund administrator MORGAN STANLEY FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO TORTUGA GRAND CAYMAN, Cayman Islands

Auditor BDO USA, LLP NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

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

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer CHARLES SCHWAB & CO., INC. PHOENXI, Arizona, United States Related to adviser: No

Marketer FIRST REPUBLIC SECURITIES COMPANY, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Marketer MORGAN STANLEY PURCHASE, New York, United States Related to adviser: No

Marketer ROCKEFELLER CAPITAL MANAGEMENT NEW YORK, New York, United States Related to adviser: No

Marketer TRIPLE A PARTNERS LLC LOS ANGELES, California, United States Related to adviser: Yes

Marketer UBS FINANCIAL SERVICES INC. NEW YORK, New York, United States Related to adviser: No

Prime broker BANK OF AMERICA N.A. NEW YORK, New York, United States

Prime broker J.P. MORGAN SECURITIES INC. NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BDO TORTUGA
PCAOB 2162

BDO USA, LLP
PCAOB 243

J.P. MORGAN SECURITIES INC.
SEC 8-36950

MORGAN STANLEY & CO. LLC
SEC 8-15869

CHARLES SCHWAB & CO., INC.
CRD 5393 · SEC 801-29938

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 801-14235

MORGAN STANLEY
CRD 149777 · SEC 801-70103

ROCKEFELLER CAPITAL MANAGEMENT
CRD 291361 · SEC 801-114033

TRIPLE A PARTNERS LLC
CRD 142790 · SEC 8-67485

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

J.P. MORGAN SECURITIES INC.
CRD 18718 · SEC 8-36950

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-1055144572
Reported beneficial owners: 552
Minimum commitment: $250K
Form D file number: 021-45940
Form D file number: 021-87496

Form ADV 2079378 · Mar 27, 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.

LOCUST WOOD ULTRA FUND, LPHedge Fund · Last reported Mar 27, 2026$214MGross asset value

Form D fundraising filings

Locust Wood Ultra Fund, LP

Feeder funds

LOCUST WOOD ULTRA OFFSHORE FUND, LTD.

Fund administrator MORGAN STANLEY FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer FIRST REPUBLIC SECURITIES COMPANY, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer TRIPLE A PARTNERS LLC LOS ANGELES, California, United States Related to adviser: Yes

Marketer UBS FINANCIAL SERVICES INC. NEW YORK, New York, United States Related to adviser: No

Prime broker BANK OF AMERICA N.A. NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BDO USA, LLP
PCAOB 243

MORGAN STANLEY & CO. LLC
SEC 8-15869

TRIPLE A PARTNERS LLC
CRD 142790 · SEC 8-67485

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-4210543634
Reported beneficial owners: 49
Minimum commitment: $250K
Form D file number: 021-189202

Form ADV 2079378 · Mar 27, 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.

LOCUST WOOD LONG OPPORTUNITY FUND, LPHedge Fund · Last reported Mar 26, 2025$207MGross asset value

Feeder funds

LOCUST WOOD LONG OPPORTUNITY OFFSHORE FUND, LTD.

Fund administrator MORGAN STANLEY FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer FIRST REPUBLIC SECURITIES COMPANY, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer TRIPLE A PARTNERS LLC LOS ANGELES, California, United States Related to adviser: Yes

Marketer UBS FINANCIAL SERVICES INC. NEW YORK, New York, United States Related to adviser: No

Prime broker BANK OF AMERICA N.A. NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BDO USA, LLP
PCAOB 243

MORGAN STANLEY & CO. LLC
SEC 8-15869

TRIPLE A PARTNERS LLC
CRD 142790 · SEC 8-67485

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-1280910088
Reported beneficial owners: 55
Minimum commitment: $250K
Form D file number: 021-189202

Form ADV 1961519 · Mar 26, 2025 · 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: Mar 27, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

90 PARK AVENUE, FLOOR 27
NEW YORK, NY, 10016, United States

CRD 135140

Filing source

Form ADV 2079378 · Mar 27, 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.