Prospect Advisors QP, L.P.
Prospect Advisors QP, L.P. is a hedge fund based in Sausalito, California. According to its most recent Form D, filed Oct 30, 2026, the fund has sold $332,659,418 of interests to 131 investors since its first sale in Sep 2011. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Prospect Capital Advisors, LLC; Daniel Mendoza.
Performance
No verified returns have been reported for this fund. As a rough guide, Prospect Capital Advisors, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +26.0% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +78.5% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $332,659,418Cumulative sales reported on Form D
- Investors
- 131
- First sale
- Sep 14, 2011
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Prospect Capital Advisors, LLC; Daniel Mendoza
- Latest Form D
- Oct 30, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Prospect Advisors QP, L.P.
What is the minimum investment for Prospect Advisors QP, L.P.?
Prospect Advisors QP, L.P.'s latest Form D, filed Oct 30, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prospect Advisors QP, L.P.?
Prospect Advisors QP, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Prospect Advisors QP, L.P. raised?
Prospect Advisors QP, L.P. reports $332,659,418 sold from 131 investors on its Form D filed Oct 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Prospect Advisors QP, L.P. based?
Prospect Advisors QP, L.P. is based in Sausalito, California and is managed by Prospect Capital Advisors, LLC.
When did Prospect Advisors QP, L.P. launch?
Prospect Advisors QP, L.P. reports its first sale in Sep 2011.
Size compared with every hedge fund
Raised more than 83% of the 1,060 hedge funds based in California, and more than 77% of all 10,307 that report sales.