0001145549-23-053353.txt : 20230828 0001145549-23-053353.hdr.sgml : 20230828 20230828144109 ACCESSION NUMBER: 0001145549-23-053353 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230828 DATE AS OF CHANGE: 20230828 PERIOD START: 20240331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FlowStone Opportunity Fund CENTRAL INDEX KEY: 0001741739 IRS NUMBER: 364909711 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23352 FILM NUMBER: 231214399 BUSINESS ADDRESS: STREET 1: 55 NOD ROAD STREET 2: SUITE 120 CITY: AVON STATE: CT ZIP: 06001 BUSINESS PHONE: 312-429-2419 MAIL ADDRESS: STREET 1: 55 NOD ROAD STREET 2: SUITE 120 CITY: AVON STATE: CT ZIP: 06001 FORMER COMPANY: FORMER CONFORMED NAME: Cresset Private Markets Opportunity Fund DATE OF NAME CHANGE: 20190130 FORMER COMPANY: FORMER CONFORMED NAME: Cresset Private Equity Opportunity Fund DATE OF NAME CHANGE: 20180523 NPORT-P 1 primary_doc.xml NPORT-P false 0001741739 XXXXXXXX FLOWSTONE OPPORTUNITY FUND 811-23352 0001741739 54930070WA2NYCEI1614 55 Nod Road Suite 120 Avon 06001 3124292419 FLOWSTONE OPPORTUNITY FUND 54930070WA2NYCEI1614 2024-03-31 2023-06-30 N 597540466.011400000000 44817275.067330000000 552723190.944100000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 117118781.775400000000 N Warburg Pincus Private Equity XII, L.P. N/A Warburg Pincus Private Equity XII, L.P. 999999999 16614734 OU Other Units USD 16614734 3.0059773630 Long PF US Y N/A N N N Warburg Pincus Global Growth L.P. N/A Warburg Pincus Global Growth L.P. 999999999 24112606 OU Other Units USD 24112606 4.3625102755 Long PF US Y N/A N N N Warburg Pincus Financial Sector, L.P. N/A Warburg Pincus Financial Sector, L.P. 999999999 19404427 OU Other Units USD 19404427 3.5106952844 Long PF US Y N/A N N N Warburg Pincus Global Growth 14, L.P. N/A Warburg Pincus Global Growth 14, L.P. 999999999 1959472 OU Other Units USD 1959472 0.3545123548 Long PF US Y N/A N N N Vista Equity Partners Fund VIII-A, L.P. N/A Vista Equity Partners Fund VIII-A, L.P. 999999999 1247274 OU Other Units USD 1247274 0.2256597915 Long PF US Y N/A N N N Versant Venture Capital IV, L.P. N/A Versant Venture Capital IV, L.P. 999999999 994041 OU Other Units USD 994041 0.1798442722 Long PF US Y N/A N N N TZP Small Cap Partners I-A (Blocker), LP N/A TZP Small Cap Partners I-A (Blocker), LP 999999999 263152 OU Other Units USD 263152 0.0476100884 Long PF US Y N/A N N N TZP Capital Partners I (PIV), LP N/A TZP Capital Partners I (PIV), LP 999999999 40275 OU Other Units USD 40275 0.0072866492 Long PF US Y N/A N N N TZP Capital Partners II-A (Blocker), LP N/A TZP Capital Partners II-A (Blocker), LP 999999999 946572 OU Other Units USD 946572 0.1712560673 Long PF US Y N/A N N N Trident Capital IX, L.P. N/A Trident Capital IX, L.P. 999999999 1530272 OU Other Units USD 1530272 0.2768604656 Long PF US Y N/A N N N TowerBrook Investors IV (OS), L.P. N/A TowerBrook Investors IV (OS), L.P. 999999999 3254624 OU Other Units USD 3254624 0.5888343484 Long PF US Y N/A N N N The Veritas Capital Fund VIII, LP N/A The Veritas Capital Fund VIII, LP 999999999 4108073 OU Other Units USD 4108073 0.7432423801 Long PF US Y N/A N N N The Veritas Capital Fund IV, LP N/A The Veritas Capital Fund IV, LP 999999999 85171 OU Other Units USD 85171 0.0154093408 Long PF US Y N/A N N N The Peninsula Fund V, L.P. N/A The Peninsula Fund V, L.P. 999999999 7769667 OU Other Units USD 7769667 1.4057067131 Long PF US Y N/A N N N The Resolute Fund III, L.P. N/A The Resolute Fund III, L.P. 999999999 2415377 OU Other Units USD 2415377 0.4369957765 Long PF US Y N/A N N N TCW/Crescent Mezzanine Partners VB, L.P. N/A TCW/Crescent Mezzanine Partners VB, L.P. 999999999 347391.01 OU Other Units USD 347391.01 0.0628508113 Long PF US Y N/A N N N TA Subordinated Debt Fund III, L.P. N/A TA Subordinated Debt Fund III, L.P. 999999999 531878 OU Other Units USD 531878 0.0962286383 Long PF US Y N/A N N N Sun Capital Partners VIII-A, L.P. N/A Sun Capital Partners VIII-A, L.P. 999999999 1828280 OU Other Units USD 1828280 0.3307767848 Long PF US Y N/A N N N Summit Partners Growth Equity Fund IX-A, L.P. N/A Summit Partners Growth Equity Fund IX-A, L.P. 999999999 3006238 OU Other Units USD 3006238 0.5438957600 Long PF US Y N/A N N N Summit Partners Subordinated Debt IV-B, L.P. N/A Summit Partners Subordinated Debt IV-B, L.P. 999999999 623801 OU Other Units USD 623801 0.1128595670 Long PF US Y N/A N N N StepStone Real Estate Partners III, L.P. N/A StepStone Real Estate Partners III, L.P. 999999999 137607 OU Other Units USD 137607 0.0248961871 Long PF US Y 3 N N N Savant Growth Fund I, LP N/A Savant Growth Fund I, LP 999999999 1365823 OU Other Units USD 1365823 0.2471079597 Long PF US Y N/A N N N Roark Capital Partners CF LP N/A Roark Capital Partners CF LP 999999999 14882568.63 OU Other Units USD 14882568.63 2.6925898667 Long PF US Y N/A N N N Riverstone Global Energy and Power Fund VI, LP N/A Riverstone Global Energy and Power Fund VI, LP 999999999 646099 OU Other Units USD 646099 0.1168937744 Long PF US Y N/A N N N Rembrandt Venture Partners Fund Two, L.P. N/A Rembrandt Venture Partners Fund Two, L.P. 999999999 921740 OU Other Units USD 921740 0.1667634026 Long PF US Y N/A N N N Reverence Capital Partners Opportunities Fund I, L.P. N/A Reverence Capital Partners Opportunities Fund I, L.P. 999999999 1724148.6 OU Other Units USD 1724148.6 0.3119370832 Long PF US Y 3 N N N Redpoint Ventures IV, L.P. N/A Redpoint Ventures IV, L.P. 999999999 1489382 OU Other Units USD 1489382 0.2694625491 Long PF US Y 3 N N N Quad-C Partners VIII, LP N/A Quad-C Partners VIII, LP 999999999 4075 OU Other Units USD 4075 0.0007372587 Long PF US Y N/A N N N PT2-A, L.P. N/A PT2-A, L.P. 999999999 7117615 OU Other Units USD 7117615 1.2877359077 Long PF US Y N/A N N N Point 406 Ventures I, LP N/A Point 406 Ventures I, LP 999999999 708845 OU Other Units USD 708845 0.1282459306 Long PF US Y N/A N N N Pro SPV, LP N/A Pro SPV, LP 999999999 11014621 OU Other Units USD 11014621 1.9927915420 Long PF US Y N/A N N N Platinum Equity Capital Partners III, L.P. N/A Platinum Equity Capital Partners III, L.P. 999999999 1229238 OU Other Units USD 1229238 0.2223966753 Long PF US Y 3 N N N Permira V N/A Permira V 999999999 3053672.5539 OU Other Units 3053672.5539 0.5524777328 Long PF GG Y N/A N N N Pegasus WSJLL Fund, L.P. N/A Pegasus WSJLL Fund, L.P. 999999999 9747056 OU Other Units USD 9747056 1.7634606544 Long PF US Y N/A N N N Peepul Capital Fund II LLC N/A Peepul Capital Fund II LLC 999999999 1897881.9 OU Other Units USD 1897881.9 0.3433693268 Long PF XX Y 3 N N N Parthenon Investors III, L.P. N/A Parthenon Investors III, L.P. 999999999 758208 OU Other Units USD 758208 0.1371768025 Long PF US Y N/A N N N Park Square Capital Partners II, L.P. N/A Park Square Capital Partners II, L.P. 999999999 2198287.9392 OU Other Units 2198287.9392 0.3977195050 Long PF GG Y N/A N N N ONSET VI, L.P. N/A ONSET VI, L.P. 999999999 4177511 OU Other Units USD 4177511 0.7558052690 Long PF US Y N/A N N N Onex Partners III N/A Onex Partners III 999999999 682235 OU Other Units USD 682235 0.1234315859 Long PF US Y N/A N N N NYLCAP Mezzanine Offshore Partners III, L.P. N/A NYLCAP Mezzanine Offshore Partners III, L.P. 999999999 381938 OU Other Units USD 381938 0.0691011353 Long PF US Y N/A N N N Oaktree European Principal Fund III (U.S.), L.P. N/A Oaktree European Principal Fund III (U.S.), L.P. 999999999 1042949 OU Other Units USD 1042949 0.1886928244 Long PF US Y N/A N N N Northstar Mezzanine Partners V, L.P. N/A Northstar Mezzanine Partners V, L.P. 999999999 410363 OU Other Units USD 410363 0.0742438542 Long PF US Y N/A N N N New Mountain Partners VI, L.P. N/A New Mountain Partners VI, L.P. 999999999 1716244 OU Other Units USD 1716244 0.3105069641 Long PF US Y N/A N N N New Enterprise Associates 13, L.P. N/A New Enterprise Associates 13, L.P. 999999999 4504431 OU Other Units USD 4504431 0.8149524163 Long PF US Y N/A N N N NEO Capital Private Equity Fund II L.P. N/A NEO Capital Private Equity Fund II L.P. 999999999 2201275.633677 OU Other Units 2201275.633677 0.3982600458 Long PF GB Y 3 N N N Morgenthaler Venture Partners IX, LP N/A Morgenthaler Venture Partners IX, LP 999999999 742248 OU Other Units USD 742248 0.1342892812 Long PF US Y N/A N N N Milestone Partners IV N/A Milestone Partners IV 999999999 1086029 OU Other Units USD 1086029 0.1964869609 Long PF US Y N/A N N N Milestone Partners FS N/A Milestone Partners FS 999999999 616201 OU Other Units USD 616201 0.1114845568 Long PF US Y N/A N N N MDV IX, L.P. (Owl) N/A MDV IX, L.P. (Owl) 999999999 6803205 OU Other Units USD 6803205 1.2308520995 Long PF US Y N/A N N N MDV IX, L.P. N/A MDV IX, L.P. 999999999 1943767 OU Other Units USD 1943767 0.3516709687 Long PF US Y N/A N N N Lord Investment S.a r.l. (Valextra SpA) N/A Lord Investment S.a r.l. (Valextra SpA) 999999999 1385224.2 OU Other Units 1385224.2 0.2506180712 Long PF LU Y 3 N N N Madison Dearborn Capital Partners VIII-A, L.P. N/A Madison Dearborn Capital Partners VIII-A, L.P. 999999999 3062218 OU Other Units USD 3062218 0.5540237953 Long PF US Y N/A N N N Littlejohn Fund IV, LP N/A Littlejohn Fund IV, LP 999999999 807260 OU Other Units USD 807260 0.1460514075 Long PF US Y 3 N N N Liquid Stock I, LP N/A Liquid Stock I, LP 999999999 4423801 OU Other Units USD 4423801 0.8003646441 Long PF US Y N/A N N N Lincolnshire Equity Fund IV-A, L.P. N/A Lincolnshire Equity Fund IV-A, L.P. 999999999 2792910 OU Other Units USD 2792910 0.5052999486 Long PF US Y N/A N N N LEP Opportunities II, L.P. N/A LEP Opportunities II, L.P. 999999999 12833434 OU Other Units USD 12833434 2.3218555346 Long PF US Y N/A N N N Kohlberg TE Investors VIII-B, L.P. N/A Kohlberg TE Investors VIII-B, L.P. 999999999 31612140 OU Other Units USD 31612140 5.7193438810 Long PF US Y N/A N N N JK&B Capital V, L.P. N/A JK&B Capital V, L.P. 999999999 145449 OU Other Units USD 145449 0.0263149805 Long PF US Y 3 N N N JFL-NG Continuation Fund, L.P. N/A JFL-NG Continuation Fund, L.P. 999999999 5133771 OU Other Units USD 5133771 0.9288141124 Long PF US Y N/A N N N Intermediate Capital Asia Pacific Fund 2008, L.P. N/A Intermediate Capital Asia Pacific Fund 2008, L.P. 999999999 804490 OU Other Units USD 804490 0.1455502525 Long PF JE Y N/A N N N Institutional Venture Partners XIV, L.P N/A Institutional Venture Partners XIV, L.P 999999999 1200992 OU Other Units USD 1200992 0.2172863415 Long PF US Y N/A N N N IK VII Fund N/A IK VII Fund 999999999 290099.3316 OU Other Units 290099.3316 0.0524854640 Long PF JE Y N/A N N N Institutional Venture Partners XII, L.P. N/A Institutional Venture Partners XII, L.P. 999999999 20809 OU Other Units USD 20809 0.0037648140 Long PF US Y 3 N N N Icon Partners V C, L.P. N/A Icon Partners V C, L.P. 999999999 7900295 OU Other Units USD 7900295 1.4293402429 Long PF US Y N/A N N N Icon Partners IV, L.P. N/A Icon Partners IV, L.P. 999999999 9613479 OU Other Units USD 9613479 1.7392935845 Long PF US Y N/A N N N ICG Ludgate Hill IIIA Porsche LP N/A ICG Ludgate Hill IIIA Porsche LP 999999999 41867015.13 OU Other Units USD 41867015.13 7.5746803854 Long PF LU Y N/A N N N Hony Capital Fund V, L.P. N/A Hony Capital Fund V, L.P. 999999999 1532891.1 OU Other Units USD 1532891.1 0.2773343194 Long PF US Y N/A N N N ICG Ludgate Hill IB SCSp N/A ICG Ludgate Hill IB SCSp 999999999 19353148.3095 OU Other Units 19353148.3095 3.5014178212 Long PF LU Y 3 N N N GTCR Evergreen Fund I/C LP N/A GTCR Evergreen Fund I/C LP 999999999 5119200 OU Other Units USD 5119200 0.9261778923 Long PF US Y N/A N N N Great Hill Equity Partners VIII, L.P. N/A Great Hill Equity Partners VIII, L.P. 999999999 -91045 OU Other Units USD -91045 -0.0164720789 Long PF US Y N/A N N N GF Capital Private Equity Fund II-B, L.P. N/A GF Capital Private Equity Fund II-B, L.P. 999999999 4406489 OU Other Units USD 4406489 0.7972325157 Long PF US Y N/A N N N Flybridge Capital Partners III, LP N/A Flybridge Capital Partners III, LP 999999999 9636505 OU Other Units USD 9636505 1.7434595034 Long PF US Y N/A N N N Francisco Partners III, L.P. N/A Francisco Partners III, L.P. 999999999 1753390 OU Other Units USD 1753390 0.3172275071 Long PF US Y N/A N N N Flexpoint Fund II, L.P. N/A Flexpoint Fund II, L.P. 999999999 3102529 OU Other Units USD 3102529 0.5613169577 Long PF US Y 3 N N N Flexpoint Fund II (Cayman), L.P. N/A Flexpoint Fund II (Cayman), L.P. 999999999 3282617 OU Other Units USD 3282617 0.5938989089 Long PF US Y 3 N N N Fin Venture Capital I, L.P. N/A Fin Venture Capital I, L.P. 999999999 8280606.01 OU Other Units USD 8280606.01 1.4981470193 Long PF US Y N/A N N N Fin VC Flagship II, LP N/A Fin VC Flagship II, LP 999999999 1533027.14 OU Other Units USD 1533027.14 0.2773589321 Long PF US Y N/A N N N EnerTech Capital Partners III, L.P. N/A EnerTech Capital Partners III, L.P. 999999999 25289 OU Other Units USD 25289 0.0045753463 Long PF US Y N/A N N N Falcon Strategic Partners III, L.P. N/A Falcon Strategic Partners III, L.P. 999999999 2387044 OU Other Units USD 2387044 0.4318697024 Long PF US Y N/A N N N EagleTree Partners IV, LP N/A EagleTree Partners IV, LP 999999999 1640108 OU Other Units USD 1640108 0.2967322571 Long PF US Y N/A N N N DFJ Growth 2006 Continuation, L.P. N/A DFJ Growth 2006 Continuation, L.P. 999999999 6579779 OU Other Units USD 6579779 1.1904293339 Long PF KY Y 3 N N N DBAG Fund VI (Guernsey) L.P. N/A DBAG Fund VI (Guernsey) L.P. 999999999 1151933.1513 OU Other Units 1151933.1513 0.2084104974 Long PF GG Y N/A N N N CVC Capital Partners VI (A) L.P. N/A CVC Capital Partners VI (A) L.P. 999999999 4615417.358649 OU Other Units 4615417.358649 0.8350323334 Long PF JE Y N/A N N N Dace Ventures I, LP N/A Dace Ventures I, LP 999999999 297000 OU Other Units USD 297000 0.0537339494 Long PF US Y N/A N N N Crosslink Ventures V, L.P. N/A Crosslink Ventures V, L.P. 999999999 500165 OU Other Units USD 500165 0.0904910465 Long PF US Y 3 N N N CRG Partners III (Holdings I) L.P. N/A CRG Partners III (Holdings I) L.P. 999999999 360736 OU Other Units USD 360736 0.0652652188 Long PF US Y 3 N N N Court Square Capital Partners (Offshore) III, L.P. N/A Court Square Capital Partners (Offshore) III, L.P. 999999999 3931159 OU Other Units USD 3931159 0.7112346767 Long PF US Y N/A N N N Columbia Capital Equity Partners V (QP), L.P. N/A Columbia Capital Equity Partners V (QP), L.P. 999999999 9277457 OU Other Units USD 9277457 1.6784996816 Long PF US Y N/A N N N Clayton,Dubilier & Rice Fund IX, LP N/A Clayton,Dubilier & Rice Fund IX, LP 999999999 6478784 OU Other Units USD 6478784 1.1721570772 Long PF US Y N/A N N N Clearlake Capital Partners VII (USTE), L.P. N/A Clearlake Capital Partners VII (USTE), L.P. 999999999 4882620 OU Other Units USD 4882620 0.8833752736 Long PF US Y 3 N N N Clarus Lifesciences II, L.P. N/A Clarus Lifesciences II, L.P. 999999999 586130.24 OU Other Units USD 586130.24 0.1060440831 Long PF US Y N/A N N N Charles River Partnership XIV, LP N/A Charles River Partnership XIV, LP 999999999 882237 OU Other Units USD 882237 0.1596164254 Long PF US Y N/A N N N Cerberus Institutional Partners VI, L.P. N/A Cerberus Institutional Partners VI, L.P. 999999999 1689915 OU Other Units USD 1689915 0.3057434585 Long PF US Y N/A N N N Catterton Partners VI, L.P. N/A Catterton Partners VI, L.P. 999999999 1028141 OU Other Units USD 1028141 0.1860137256 Long PF US Y N/A N N N Centerbridge Special Credit Partners N/A Centerbridge Special Credit Partners 999999999 11314 OU Other Units USD 11314 0.0020469559 Long PF US Y N/A N N N Castle Harlan Partners V & AIV N/A Castle Harlan Partners V & AIV 999999999 196092 OU Other Units USD 196092 0.0354774330 Long PF US Y 3 N N N Carlyle Partners VI, L.P. N/A Carlyle Partners VI, L.P. 999999999 1407062 OU Other Units USD 1407062 0.2545690181 Long PF US Y N/A N N N Carlyle Europe Partners IV, L.P. N/A Carlyle Europe Partners IV, L.P. 999999999 1186958.2959 OU Other Units 1186958.2959 0.2147473302 Long PF GB Y N/A N N N Canaan VII, L.P. N/A Canaan VII, L.P. 999999999 895274 OU Other Units USD 895274 0.1619751106 Long PF US Y N/A N N N Caltius Partners IV, L.P. N/A Caltius Partners IV, L.P. 999999999 4085608 OU Other Units USD 4085608 0.7391779587 Long PF US Y N/A N N N BC Partners Galileo (2) L.P. N/A BC Partners Galileo (2) L.P. 999999999 2807698.7913 OU Other Units 2807698.7913 0.5079755721 Long PF GG Y N/A N N N BC European Capital IX N/A BC European Capital IX 999999999 6530635.1553 OU Other Units 6530635.1553 1.1815381121 Long PF GG Y N/A N N N Bain Capital Venture Fund 2009, L.P. N/A Bain Capital Venture Fund 2009, L.P. 999999999 4502265 OU Other Units USD 4502265 0.8145605384 Long PF US Y N/A N N N Bain Capital Empire Holdings Class C N/A Bain Capital Empire Holdings Class C 999999999 6590309 OU Other Units USD 6590309 1.1923344466 Long PF US Y N/A N N N Bain Capital Europe III, L.P. N/A Bain Capital Europe III, L.P. 999999999 100439.5935 OU Other Units 100439.5935 0.0181717712 Long PF US Y N/A N N N Awz Pentera II, LLC N/A Awz Pentera II, LLC 999999999 17205000 OU Other Units USD 17205000 3.1127696977 Long PF US Y N/A N N N August Capital V, L.P. N/A August Capital V, L.P. 999999999 12902669 OU Other Units USD 12902669 2.3343816962 Long PF US Y N/A N N N August Capital V Special Opportunities, L.P. N/A August Capital V Special Opportunities, L.P. 999999999 1111532 OU Other Units USD 1111532 0.2011010246 Long PF US Y N/A N N N Audax Mezzanine Fund III, L.P. N/A Audax Mezzanine Fund III, L.P. 999999999 546348 OU Other Units USD 546348 0.0988465852 Long PF US Y N/A N N N Arsenal Capital Partners III-B LP N/A Arsenal Capital Partners III-B LP 999999999 1456048 OU Other Units USD 1456048 0.2634316822 Long PF US Y N/A N N N Apax XI USD L.P. N/A Apax XI USD L.P. 999999999 -94413 OU Other Units USD -94413 -0.0170814255 Long PF GG Y N/A N N N Apax X USD, L.P. N/A Apax X USD, L.P. 999999999 2324272 OU Other Units USD 2324272 0.4205128422 Long PF GG Y N/A N N N Ampersand CF Limited Partnership - Class B N/A Ampersand CF Limited Partnership - Class B 999999999 2025864 OU Other Units USD 2025864 0.3665241541 Long PF US Y N/A N N N Ampersand CF Limited Partnership - Class A N/A Ampersand CF Limited Partnership - Class A 999999999 1263174 OU Other Units USD 1263174 0.2285364574 Long PF US Y N/A N N N American Securities Partners VI, L.P. N/A American Securities Partners VI, L.P. 999999999 2973260 OU Other Units USD 2973260 0.5379293015 Long PF US Y N/A N N N Ampersand 2006 Limited Partnership N/A Ampersand 2006 Limited Partnership 999999999 18311 OU Other Units USD 18311 0.0033128699 Long PF US Y N/A N N N AIC Credit Opportunities Partners Fund II L.P. N/A AIC Credit Opportunities Partners Fund II L.P. 999999999 3699035 OU Other Units USD 3699035 0.6692382481 Long PF US Y N/A N N N AEA-SEI Holding II (Delta Rigging) N/A AEA-SEI Holding II (Delta Rigging) 999999999 1097937 OU Other Units USD 1097937 0.1986413847 Long PF US Y N/A N N N AEA Investors Fund V LP N/A AEA Investors Fund V LP 999999999 866376 OU Other Units USD 866376 0.1567468154 Long PF US Y N/A N N N 2023-07-13 FLOWSTONE OPPORTUNITY FUND /s/ Trent Statczar Trent Statczar Principal Financial Officer XXXX NPORT-EX 2 fsofsoi63023.htm JUNE 30, 2023 FLOWSTONE OPPORTUNITY FUND PART F SOI
FlowStone Opportunity Fund  
Schedule of Investments  
June 30, 2023 (Unaudited)  

 

Investment Funds*  Geographic Region**  Investment Strategy  Shares Cost   Fair Value   % of Net Assets   Original Acquisition Date
Primary Investments                          
Apax X USD, L.P.(a)(b)  Guernsey  Leveraged Buyout    $1,965,136   $2,374,735    0.39%  3/3/2020
Apax XI USD, L.P.(a)(b)(c)  Guernsey  Leveraged Buyout     —    (137,006)   -0.02%  6/30/2022
Clayton, Dubilier & Rice Fund XII, L.P(a)(b)(c)  North America  Leveraged Buyout     —    (60,651)   -0.01%  9/2/2022
Clearlake Capital Partners VII (USTE), L.P.(a)(b)  North America  Leveraged Buyout     5,137,344    5,394,937    0.89%  10/29/2021
Fin VC Flagship II, LP(a)(b)  North America  Venture     1,859,591    2,009,543    0.33%  5/6/2021
Great Hill Equity Partners VIII, L.P.(a)(b)  North America  Leveraged Buyout     1,055,802    818,593    0.13%  1/31/2022
Kohlberg Investors X, L.P.(a)(b)(c)  North America  Leveraged Buyout     —    (48,351)   -0.01%  6/30/2023
Liquid Stock I, L.P.(a)(b)  North America  Private Equity Fund     3,568,902    4,194,688    0.69%  8/30/2019
Madison Dearborn Capital Partners VIII-A, L.P.(b)  North America  Leveraged Buyout     3,731,258    3,798,554    0.62%  6/21/2021
New Mountain Partners VI, L.P.(b)  North America  Leveraged Buyout     1,577,493    1,803,211    0.30%  4/8/2020
Sun Capital Partners VIII-A, L.P.(a)(b)  Cayman  Leveraged Buyout     2,013,255    1,802,925    0.30%  6/30/2022
The Veritas Capital Fund VIII, LP(b)  North America  Leveraged Buyout     4,347,411    4,107,463    0.68%  3/16/2022
Trident Capital IX, L.P.(a)(b)  North America  Leveraged Buyout     1,664,648    1,564,172    0.26%  9/17/2021
Vista Equity Partners Fund VIII-A, L.P.(a)(b)  North America  Leveraged Buyout     1,439,143    1,478,777    0.24%  8/24/2022
Warburg Pincus Global Growth 14, L.P.(a)(b)  North America  Leveraged Buyout     2,012,660    2,065,842    0.34%  1/31/2022
Total Primary Investments (Cost $30,372,643) (5.13%)***               31,167,432         
                           
Secondary Investments                          
AEA Investors Fund V LP (a)(b)  North America  Leveraged Buyout    495,492   723,131    0.12%  1/1/2022
AIC Credit Opportunities Partners Fund II, L.P.(b)  North America  Private Credit     3,729,297    3,119,712    0.51%  10/31/2019
American Securities Partners VI, L.P.(a)(b)  North America  Leveraged Buyout     2,926,002    2,995,823    0.50%  12/31/2021
Ampersand CF Limited Partnership - Class A(a)(b)  North America  Leveraged Buyout     169,071    1,274,628    0.22%  10/29/2020
Ampersand CF Limited Partnership - Class B(a)(b)  North America  Leveraged Buyout     302,221    2,272,592    0.38%  10/29/2020
Ampersand 2006, L.P.(a)(b)(d)  North America  Venture     —    4,413    0.00%  12/31/2019
Arsenal Capital Partners III-B LP.(a)(b)  North America  Leveraged Buyout     2,034,163    1,048,832    0.17%  1/1/2022
Audax Mezzanine Fund III, L.P.(a)(b)  North America  Private Credit     351,978    544,468    0.09%  6/30/2021
Audax Private Equity Fund III, L.P.(a)(b)  North America  Leveraged Buyout     —    163,822    0.03%  6/30/2023
Audax Private Equity Fund IV, L.P. (Rose)(a)(b)  North America  Leveraged Buyout     —    84,327    0.01%  6/30/2023
Audax Private Equity Fund V-A, L.P.(a)(b)  North America  Leveraged Buyout     13,712,504    16,312,890    2.68%  6/30/2023
Audax Private Equity Fund VI-A, L.P.(a)(b)  North America  Leveraged Buyout     24,037,496    23,148,182    3.81%  6/30/2023
August Capital V, L.P.(a)(b)  North America  Venture     10,066,877    12,912,142    2.12%  6/30/2022
August Capital V Special Opportunities, L.P.(a)(b)  North America  Venture     11,460    1,110,971    0.18%  6/30/2022
Awz Pentera II, LLC(a)(b)  North America  Venture     10,197,898    17,981,558    2.96%  8/24/2022
Bain Capital Empire Holdings, L.P. - Class C(a)(b)  North America  Leveraged Buyout     6,681,739    7,621,955    1.25%  10/5/2022
Bain Capital Europe III, L.P.(a)(b)  North America  Leveraged Buyout     190,183    95,153    0.02%  12/31/2021
Bain Capital Venture Fund 2009, L.P.(a)(b)  North America  Venture     6,649,539    3,670,486    0.60%  6/30/2022
BC European Capital IX, L.P.(a)(b)  Guernsey  Leveraged Buyout     8,764,118    6,739,281    1.11%  12/31/2020
BC Partners Galileo (2) L.P.(a)(b)  Guernsey  Leveraged Buyout     2,195,314    2,760,622    0.45%  6/10/2021
Brookfield Capital Partners V L.P.(a)(b)  North America  Leveraged Buyout     22,677,161    26,353,224    4.33%  6/30/2023
Caltius Partners IV, L.P.(b)  North America  Private Credit     4,136,905    4,164,757    0.69%  6/30/2021
Canaan VII, L.P.(a)(b)  North America  Venture     432,808    902,869    0.15%  12/31/2019
Carlyle Europe Partners IV, L.P.(b)  United Kingdom  Leveraged Buyout     1,482,962    1,138,566    0.19%  12/31/2021
Carlyle Partners VI, L.P.(b)  North America  Leveraged Buyout     2,464,286    1,353,297    0.22%  12/31/2021
Castle Harlan Partners V & AIV(a)(b)(d)(e)  North America  Leveraged Buyout     737,815    142,978    0.02%  9/30/2021
Catterton Partners VI, L.P.(a)(b)  North America  Leveraged Buyout     546,441    998,726    0.16%  12/31/2019
Centerbridge Special Credit Partners, L.P.(a)(b)  North America  Private Credit     71,891    13,230    0.00%  12/31/2021
Cerberus Institutional Partners VI, L.P.(a)(b)  North America  Leveraged Buyout     876,633    1,484,642    0.24%  7/30/2021
Charles River Partnership XIV, LP(a)(b)  North America  Venture     1,094,080    620,579    0.10%  6/30/2022
Clarus Lifesciences II, L.P.(b)  North America  Venture     —    590,736    0.10%  6/30/2022
Clayton, Dubilier & Rice Fund IX, L.P.(b)  North America  Leveraged Buyout     6,994,556    5,099,199    0.84%  12/31/2021
Columbia Capital Equity Partners V (QP), L.P.(a)(b)  North America  Venture     4,933,543    8,875,185    1.46%  6/30/2022
Court Square Capital Partners (Offshore) III, L.P.(b)  North America  Leveraged Buyout     4,787,326    3,672,292    0.60%  12/31/2021
CRG Partners III (Holdings I) L.P.(b)(e)  North America  Private Credit     402,758    355,968    0.06%  6/30/2021
Crosslink Ventures V, L.P.(a)(b)(d)(e)  North America  Venture     468,540    500,165    0.08%  1/1/2020
CVC Capital Partners VI (A) L.P.(b)  Jersey  Leveraged Buyout     5,272,374    3,815,938    0.63%  1/1/2022
Dace Ventures I, L.P.(a)(b)  North America  Venture     294,908    292,900    0.05%  12/31/2019
DBAG Fund VI (Guernsey) L.P.(a)(b)  Guernsey  Leveraged Buyout     1,435,331    1,204,062    0.20%  12/31/2021
DFJ Growth 2006 Continuation, L.P.(a)(b)(e)  North America  Leveraged Buyout     1,497,477    6,579,779    1.08%  12/31/2019
EagleTree Partners IV, LP(a)(b)  North America  Leveraged Buyout     1,227,724    1,539,694    0.25%  6/30/2021
EnerTech Capital Partners III, L.P.(a)(b)  North America  Venture     149,040    24,627    0.00%  12/31/2019
Falcon Strategic Partners III, L.P.(b)  North America  Private Credit     1,474,369    2,384,468    0.39%  6/30/2021
Fin Venture Capital I, L.P.(a)(b)  North America  Venture     3,620,010    7,837,721    1.29%  6/30/2020
Flexpoint Fund II (Cayman), L.P.(a)(b)(e)  Cayman  Venture     1,900,626    3,440,048    0.57%  6/30/2022
Flexpoint Fund II, L.P.(a)(b)(e)  North America  Venture     1,801,552    3,093,019    0.51%  6/30/2022
Flybridge Capital Partners III, LP(a)(b)  North America  Venture     10,938,653    8,558,646    1.41%  6/30/2022
Francisco Partners III (Cayman), L.P.(a)(b)  Cayman  Leveraged Buyout     —    618,654    0.10%  12/31/2020
Francisco Partners III (Domestic AIV), L.P.(a)(b)  North America  Leveraged Buyout     —    226,066    0.04%  12/31/2020
Francisco Partners III, L.P.(a)(b)  North America  Leveraged Buyout     —    868,979    0.14%  12/31/2020
GF Capital Private Equity Fund II-B, L.P.(a)(b)  North America  Leveraged Buyout     6,031,108    4,484,560    0.74%  12/31/2021
GTCR Evergreen Fund I/C LP(a)(b)  North America  Leveraged Buyout     5,119,200    5,600,890    0.92%  3/31/2023
Hony Capital Fund V, L.P.(a)(b)  North America  Leveraged Buyout     1,794,445    1,358,022    0.22%  1/31/2022
ICG Ludgate Hill IB SCSp(a)(b)(e)  Luxembourg  Leveraged Buyout     4,657,368    18,486,599    3.04%  6/22/2021
ICG Ludgate Hill IIIA Porsche LP(b)  Luxembourg  Leveraged Buyout     28,070,698    39,805,946    6.55%  9/26/2022
Icon Partners IV, L.P.(b)  North America  Leveraged Buyout     8,435,839    9,606,341    1.58%  5/21/2021
Icon Partners V C, L.P.(b)  North America  Leveraged Buyout     7,466,089    7,955,138    1.31%  8/27/2021
IK VII Fund(a)(b)  Jersey  Leveraged Buyout     132,803    219,704    0.04%  12/31/2021
Institutional Venture Partners XIV, L.P.(a)(b)  North America  Venture     2,569,264    1,091,154    0.18%  12/31/2021
Intermediate Capital Asia Pacific Fund 2008, L.P.(a)(b)(e)  Jersey  Private Credit     245,618    902,494    0.15%  6/30/2021
JFL-NG Continuation Fund, L.P.(a)(b)  North America  Leveraged Buyout     2,784,715    5,140,896    0.85%  10/27/2021
JK&B Capital V, L.P.(a)(b)(d)(e)  North America  Venture     148,521    145,449    0.02%  12/31/2019
Kohlberg TE Investors VIII-B, L.P.(a)(b)  North America  Leveraged Buyout     26,322,458    31,449,256    5.17%  12/30/2022
LEP Opportunities II, L.P.(a)(b)  North America  Leveraged Buyout     9,320,445    12,599,503    2.07%  6/27/2022
Lincolnshire Equity Fund IV-A, L.P.(a)(b)  North America  Leveraged Buyout     1,594,836    2,780,066    0.46%  12/31/2020
Littlejohn Fund IV, LP(a)(b)(e)  North America  Leveraged Buyout     268,332    742,335    0.12%  9/30/2021
Lord Investment S.a r.l. (Valextra SpA)(a)(e)(f)  Western Europe  Leveraged Buyout     1,867,892    1,485,806    0.24%  3/31/2022
MDCP Insurance SPV, L.P.(a)(b)  North America  Leveraged Buyout     8,888,889    11,065,400    1.82%  4/24/2023
MDV IX, L.P.(a)(b)  North America  Venture     6,134,654    8,901,535    1.46%  12/31/2020
Milestone Partners FS LP(a)(b)  North America  Leveraged Buyout     1,537,850    687,670    0.11%  12/31/2021
Milestone Partners IV, L.P.(a)(b)  North America  Leveraged Buyout     1,610,840    977,794    0.16%  12/31/2021
Morgenthaler Venture Partners IX, LP(a)(b)  North America  Venture     480,634    647,501    0.11%  12/31/2020
NEO Capital Private Equity Fund II L.P.(a)(b)(e)  Western Europe  Fund of Funds     1,785,102    1,949,837    0.32%  1/18/2022
Northstar Mezzanine Partners V, L.P.(b)  North America  Private Credit     1,976,273    395,783    0.07%  6/30/2021
New Enterprise Associates 13, L.P.(a)(b)  North America  Venture     6,510,322    4,692,264    0.77%  1/3/2023
NYLCAP Mezzanine Offshore Partners III, L.P.(b)  North America  Private Credit     628,918    381,398    0.06%  6/30/2021
Oaktree European Principal Fund III (U.S.), L.P.(a)(b)  North America  Private Credit     1,149,338    957,191    0.16%  11/1/2021
Onex Partners III LP(a)(b)  North America  Leveraged Buyout     473,895    680,928    0.11%  10/1/2021
Onset VI, L.P.(a)(b)  North America  Venture     588,471    527,265    0.09%  6/30/2022
Park Square Capital Partners II, L.P.(b)  Guernsey  Private Credit     1,680,967    2,145,973    0.35%  6/30/2021
Parthenon Investors III, L.P.(b)  North America  Leveraged Buyout     434,543    934,300    0.15%  12/31/2019
Peepul Capital Fund II LLC(a)(b)(e)  Global  Venture     1,012,484    1,922,999    0.32%  6/30/2022
Pegasus WSJLL Fund, L.P.(a)(b)  North America  Leveraged Buyout     8,628,372    9,700,000    1.60%  12/14/2021
Permira V(a)(b)(e)  Guernsey  Leveraged Buyout     5,855,691    3,288,531    0.54%  2/1/2022
Platinum Equity Capital Partners III, L.P.(b)(e)  North America  Leveraged Buyout     1,248,161    1,125,732    0.19%  3/31/2022
Point 406 Ventures I, L.P.(a)(b)  North America  Venture     1,865,426    728,189    0.12%  12/31/2019
Pro SPV, LP(a)(b)  North America  Leveraged Buyout     8,378,969    10,173,596    1.67%  8/27/2021
PT2-A, L.P.(a)(b)  North America  Leveraged Buyout     6,454,213    8,503,129    1.40%  12/15/2021
Quad-C Partners VIII, LP(a)(b)  North America  Leveraged Buyout     672,956    4,166    0.00%  9/30/2021
Redpoint Ventures IV, L.P.(a)(b)  North America  Venture     3,020,976    1,477,909    0.24%  12/31/2020
Rembrandt Venture Partners Fund Two, L.P.(a)(b)  North America  Venture     922,119    946,610    0.16%  12/31/2019
Reverence Capital Partners Opportunities Fund I, L.P.(b)(e)  North America  Leveraged Buyout     1,467,030    1,660,058    0.27%  12/31/2020
Riverstone Global Energy and Power Fund VI, LP(b)  North America  Leveraged Buyout     284,839    607,523    0.10%  6/30/2021
Roark Capital Partners CF LP(a)(b)  North America  Leveraged Buyout     12,093,144    16,667,770    2.74%  8/19/2022
Savant Growth Fund I, LP(a)(b)  North America  Leveraged Buyout     1,952,928    1,566,214    0.26%  12/8/2020
SEI Holding I LP (a)(b)  North America  Leveraged Buyout     914,352    1,255,536    0.21%  3/31/2022
StepStone Real Estate Partners III, L.P.(b)(e)  North America  Fund of Funds     67,825    133,699    0.02%  6/30/2021
Summit Partners Growth Equity Fund IX-A, L.P.(a)(b)  North America  Leveraged Buyout     2,874,240    3,100,025    0.51%  6/30/2021
Summit Partners Subordinated Debt IV-B, L.P.(a)(b)  North America  Private Credit     694,505    540,643    0.09%  6/30/2021
TA XII-B, L.P.(a)(b)  North America  Leveraged Buyout     16,083,779    17,893,639    2.94%  6/30/2023
TA Subordinated Debt Fund III, L.P.(a)(b)  North America  Private Credit     363,604    430,416    0.07%  7/30/2021
TCW/Crescent Mezzanine Partners VB, L.P.(a)(b)  North America  Private Credit     26,042    353,288    0.06%  6/30/2021
The Peninsula Fund V, L.P.(b)  North America  Private Credit     8,445,021    10,344,625    1.70%  7/1/2021
The Resolute Fund III, L.P.(a)(b)  North America  Leveraged Buyout     1,651,848    2,434,287    0.40%  12/31/2021
The Veritas Capital Partners IV, LP(a)(b)  North America  Leveraged Buyout     28,583    80,709    0.01%  1/1/2022
TowerBrook Investors IV (OS), L.P.(b)  North America  Leveraged Buyout     4,438,384    3,412,192    0.56%  12/31/2021
TZP Capital Partners I (PIV), LP(a)(b)(e)  North America  Leveraged Buyout     79,876    97,000    0.02%  4/7/2021
TZP Capital Partners II-A (Blocker), LP(b)  North America  Leveraged Buyout     604,023    948,460    0.16%  4/7/2021
TZP Small Cap Partners I-A (Blocker), LP(b)  North America  Leveraged Buyout     281,539    262,478    0.04%  4/7/2021
Versant Venture Capital IV, L.P.(a)(b)  North America  Venture     6,545,505    1,024,261    0.17%  12/31/2020
Warburg Pincus Financial Sector, L.P.(a)(b)  North America  Leveraged Buyout     19,885,218    19,908,732    3.27%  6/30/2022
Warburg Pincus Global Growth L.P.(a)(b)  North America  Leveraged Buyout     17,138,390    25,107,659    4.13%  6/30/2022
Warburg Pincus Private Equity XII, L.P.(b)  North America  Leveraged Buyout     16,818,738    16,691,067    2.75%  6/30/2022
Total Secondary Investments (Cost $465,744,228) (89.23%)***                542,526,142         
Total Investment Funds (Cost $496,116,871) (94.36%)***               $573,693,574         

 

Short-Term Investment (11.39%)***       Shares       Fair Value         
Money Market Fund                          
Morgan Stanley Institutional Liquidity Fund - Treasury Portfolio, 4.94% (g)       69,229,083      $69,229,083         
Total Money Market Fund (Cost $69,229,083) (11.39%)***               $69,229,083         
                           
Total Investments (Cost $565,345,954) (105.75%)***               $642,922,657         
Liabilities less other assets (-5.75%)***                (34,947,916)        
Net Assets - 100.00%***               $607,974,741         

 

Primary Investments are investments in newly established private equity partnerships where underlying portfolio companies are not known as of the time of investment.

 

Secondary Investments are Private Equity Fund Investments generally acquired in the secondary market.

 

*Restricted investments as to resale. Certain Investment Funds will distribute proceeds upon realization events and such proceeds are distributed at the discretion of the Investment Manager, as they become available.
**The geographic region disclosed is based on where each Investment Fund is domiciled.
***As a percentage of total net assets.
(a)Non-income producing.
(b)Investment Funds are issued in private placement transactions and as such are restricted as to resale per Rule 12-12-8 of Regulation S-X.
(c)As of June 30, 2023, no capital has been contributed to this Investment Fund and the fair value represents a liability of a commitment to the Investment Fund.
(d)The Investment Fund is liquidating its assets and is in the process of returning capital to its limited partners in a reasonable manner.
(e)Fair valued by the Valuation Designee based on policies and procedures established by the Board of Trustees and considered a Level 3 investment.
(f)The Fund invests indirectly in Valextra SpA through Lord Investments S.a.r.l.
(g)The rate quoted is the annualized seven-day yield of the fund at the period end.