Form D · Hedge Fund

Watershed Capital Institutional Partners, L.P.

San Francisco, CA · CIK 0001315929

Offering snapshot reported Mar 5, 2015 · SEC filing

Reported sold
$1.22B
Indefinite offering
Investors reported
71
Form D · investor count
Minimum accepted
$5M
Reported outside-investor minimum
First sale
May 1, 2002
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$611M$1.22BMar 11, 2010: $1,081,335,382.00Mar 11, 2010Mar 10, 2011: $1,134,288,091.00Mar 10, 2011Mar 12, 2012: $1,137,288,091.00Mar 12, 2012Mar 7, 2013: $1,150,288,091.00Mar 7, 2013Mar 6, 2014: $1,221,958,676.00Mar 6, 2014Mar 5, 2015: $1,221,958,676.00Mar 5, 2015

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Minimum accepted$10,000,000 → $5,000,000

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 5, 2015Amendment$1,221,958,676$0vs Mar 6, 201471SEC filing
Mar 6, 2014Amendment$1,221,958,676$71,670,585vs Mar 7, 201371SEC filing
Mar 7, 2013Amendment$1,150,288,091$13,000,000vs Mar 12, 201267SEC filing
Mar 12, 2012Amendment$1,137,288,091$3,000,000vs Mar 10, 201161SEC filing
Mar 10, 2011Amendment$1,134,288,091$52,952,709vs Mar 11, 201062SEC filing
Mar 11, 2010Amendment$1,081,335,382No comparison54SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$99.9K
Finders' fees
$0
Form D file number
021-129310
The issuer has terminated its prior agreement with Gallatin Capital LLC, and any remaining payments are solely based on legacy obligations.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Gallatin Capital LLC124738

Source: Form D, filed Mar 5, 2015. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

WATERSHED CAPITAL INSTITUTIONAL PARTNERS, L.P.

Investment adviser: WATERSHED ASSET MANAGEMENT, L.L.C.

Gross asset value
$609M
Beneficial owners
56
ADV minimum commitment
$10M

Reported in Form ADV on Jan 7, 2013. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI GLOBAL SERVICES, INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP SAN FRANCISCO, California, United States
Custodian GOLDMAN SACHS & CO. SAN FRANCISCO, California, United States Related to adviser: No
Custodian NORTHERN TRUST CORPORATION CHICAGO, Illinois, United States Related to adviser: No
Prime broker GOLDMAN SACHS & CO. SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No
Filing source

Form ADV 690047 · Jan 7, 2013 · Schedule D 7.B.(1), fund 805-4275605853

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Qazi Munir Alam Executive
Qazi Munir Alam Executive
Matthew W. De Dominicis Executive
Kevin D. Katari Executive
Michele F. Kyrouz Executive
Meridee A. Moore Executive
Erin C. Ross Executive
Rachel M. Steinman Executive
N/A Watershed Asset Management, L.L.C. Executive
N/A Ws Partners, Llc Executive
N/A Ws Partners, L.L.C. Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
One Maritime Plaza, Suite 1525
San Francisco, CA, 94111