WESTERN STANDARD, LLC – investment adviser, $575M regulatory AUM (Form ADV)

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
Pooled investment vehicles	3	$574,905,356	100.0%

Filing source

Form ADV 2134239 · Sep 25, 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

2 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.

WESTERN STANDARD PARTNERS, L.P.Hedge Fund · Last reported Sep 25, 2026$275MGross asset value

Form D fundraising filings

WESTERN STANDARD PARTNERS LP

Fund administrator STONE COAST FUND SERVICES LLC PORTLAND, Maine, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Custodian COMPUTERSHARE TRUST COMPANY, N.A. LOUISVILLE, Kentucky, United States Related to adviser: No

Custodian GOLDMAN SACHS EXECUTION & CLEARING, L.P. NEW YORK, New York, United States Related to adviser: No

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

Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

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

Prime broker WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

COMPUTERSHARE TRUST COMPANY, N.A.
LEI 2549001YYB62BVMSAO13

GOLDMAN SACHS EXECUTION & CLEARING, L.P.
SEC 8-526

J.P. MORGAN SECURITIES LLC
SEC 8-35008

WELLS FARGO SECURITIES, LLC
SEC 8-65876

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-5148207738
Reported beneficial owners: 94
Minimum commitment: $250K
Form D file number: 021-124430

Form ADV 2134239 · Sep 25, 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.

WESTERN STANDARD PARTNERS QP, L.P.Hedge Fund · Last reported Sep 25, 2026$90.9MGross asset value

Form D fundraising filings

Western Standard Partners QP, L.P.