Investment adviser · CRD 318422
THURSTON ADVISORS
Investment adviser filing (IA)
THURSTON ADVISORS, LLC
VERO BEACH, FL, United States · Form ADV filed May 12, 2026
- Regulatory AUM
- $481M Form ADV · Item 5.F
- Client accounts
- 9 Accounts, not individual clients
- Employees
- 9 Reported in this filing
- Advisory professionals
- 8 Investment advisory functions
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| Pooled investment vehicles | 9 | $480,922,735 | 100.0% |
Filing source
Form ADV 2104626 · May 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
10 Private fundsThe count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.
THURSTON FUND III (QP), LPPrivate Equity Fund · Last reported May 12, 2026$193MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
BDO USA LLP
PCAOB 243
WINTRUST BANK, N.A.
LEI 549300RAQJBTN6Z28096
PRAXESS SECURITIES, LLC
CRD 326036 · SEC 8-71110
Fund details & source
- Fund ID
- 805-6385301321
- Reported beneficial owners
- 106
- Minimum commitment
- $500K
- Form D file number
- 021-474500
Form ADV 2104626 · May 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.
THURSTON FUND II, LPPrivate Equity Fund · Last reported May 12, 2026$131MGross asset value
Form D fundraising filings
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
BDO USA LLP
PCAOB 243
WINTRUST BANK, N.A.
LEI 549300RAQJBTN6Z28096
Fund details & source
- Fund ID
- 805-3535925569
- Reported beneficial owners
- 87
- Minimum commitment
- $500K
- Form D file number
- 021-398013
Form ADV 2104626 · May 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.
THURSTON FUND II (QP), L.P.Private Equity Fund · Last reported May 12, 2026$97.1MGross asset value
Form D fundraising filings
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
BDO USA LLP
PCAOB 243
WINTRUST BANK, N.A.
LEI 549300RAQJBTN6Z28096
Fund details & source
- Fund ID
- 805-7796681298
- Reported beneficial owners
- 55
- Minimum commitment
- $500K
- Form D file number
- 021-436846
Form ADV 2104626 · May 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.
THURSTON FUND III, LPPrivate Equity Fund · Last reported May 12, 2026$38.4MGross asset value
Form D fundraising filings
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
BDO USA LLP
PCAOB 243
WINTRUST BANK, N.A.
LEI 549300RAQJBTN6Z28096
PRAXESS SECURITIES, LLC
CRD 326036 · SEC 8-71110
Fund details & source
- Fund ID
- 805-9208514483
- Reported beneficial owners
- 49
- Minimum commitment
- $500K
- Form D file number
- 021-474500
Form ADV 2104626 · May 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.
THURSTON FUND III (PARALLEL), LPPrivate Equity Fund · Last reported May 12, 2026$22MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
BDO USA LLP
PCAOB 243
WINTRUST BANK, N.A.
LEI 549300RAQJBTN6Z28096
Fund details & source
- Fund ID
- 805-9063463130
- Reported beneficial owners
- 5
- Minimum commitment
- $500K
- Form D file number
- 021-474500
Form ADV 2104626 · May 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.
400 MADISON 15 LLCPrivate Equity Fund · Last reported May 12, 2026$0Gross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- No
- Administrator other than the adviser
- Yes
- External marketing
- No
BDO USA LLP
PCAOB 243
Fund details & source
- Fund ID
- 805-2297884026
- Reported beneficial owners
- 87
- Minimum commitment
- $0
Form ADV 2104626 · May 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.
MONROE ALTERNATIVE INVESTMENT FUND LLCPrivate Equity Fund · Last reported May 12, 2026$0Gross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- No
- Administrator other than the adviser
- Yes
- External marketing
- No
BDO USA LLP
PCAOB 243
Fund details & source
- Fund ID
- 805-3649852064
- Reported beneficial owners
- 55
- Minimum commitment
- $0
Form ADV 2104626 · May 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: May 12, 2026. View historical filings
Reported services
Pooled investment vehicle management
Compensation
Percentage of assets · Performance-based
Principal office
4445 N A1A, SUITE 230VERO BEACH, FL, 32963, United States
CRD 318422
Filing source
Form ADV 2104626 · May 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.