Investment adviser · CRD 317720

PROSPECT PARTNERS ADVISORS LLC

Investment adviser filing (IA)

CHICAGO, IL, United States · Form ADV filed May 6, 2026

Regulatory AUM
$378M
Form ADV · Item 5.F
Client accounts
3
Accounts, not individual clients
Employees
12
Reported in this filing
Advisory professionals
10
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 vehicles3$378,400,000100.0%
Filing source

Form ADV 2103744 · May 6, 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

4 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.

PROSPECT PARTNERS V, LPPrivate Equity Fund · Last reported May 6, 2026$224MGross asset value

Form D fundraising filings

Prospect Partners V, L.P.

Fund administrator SS&C TECHNOLOGIES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor RSM US LLP CHICAGO, Illinois, United States
Custodian CIBC BANK USA CHICAGO, Illinois, 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 US LLP
PCAOB 49

CIBC BANK USA
LEI FDXQ75GPEQKRPWABYN63

Fund details & source
Fund ID
805-7101727164
Reported beneficial owners
45
Minimum commitment
$0
Form D file number
021-507796

Form ADV 2103744 · May 6, 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.

PP III CONTINUATION FUND, L.P.Private Equity Fund · Last reported May 6, 2026$149MGross asset value

Form D fundraising filings

PP III Continuation Fund, L.P.

Auditor RSM US LLP CHICAGO, Illinois, United States
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, 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

RSM US LLP
PCAOB 49

Fund details & source
Fund ID
805-1667930501
Reported beneficial owners
17
Minimum commitment
$0
Form D file number
021-423383

Form ADV 2103744 · May 6, 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.

PROSPECT PARTNERS II, LPPrivate Equity Fund · Last reported May 6, 2026$5.9MGross asset value
Auditor RSM US LLP CHICAGO, Illinois, United States
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, 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

RSM US LLP
PCAOB 49

Fund details & source
Fund ID
805-2000726151
Reported beneficial owners
19
Minimum commitment
$3M
Form D file number
021-65952

Form ADV 2103744 · May 6, 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.

PROSPECT PARTNERS III, LPPrivate Equity Fund · Last reported Jun 3, 2022$800KGross asset value

Form D fundraising filings

PROSPECT PARTNERS III, L.P.

Auditor RSM US LLP CHICAGO, Illinois, United States
Custodian DELAWARE TRUST COMPANY WILMINGTON, Delaware, United States Related to adviser: No
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, 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

RSM US LLP
PCAOB 49

Fund details & source
Fund ID
805-2555790510
Reported beneficial owners
31
Minimum commitment
$10M
Form D file number
021-147094

Form ADV 1656326 · Jun 3, 2022 · 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: May 6, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

227 WEST MONROE STREET, SUITE 3550
CHICAGO, IL, 60606, United States

CRD 317720

Filing source

Form ADV 2103744 · May 6, 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.