Deepwater Asset Management

Venture Capital SEC-registered adviser

Legal name: Deepwater Asset Management, LLC

Minneapolis, MN Website X

AUM

$566.5M
Regulatory AUM

Private funds

10
Venture Capital 8 · Hedge Fund 2

Private fund assets

$314.2M
Gross asset value

Employees

9

Last Form D raise

Jun 2026
Most recent fund filing

From SEC Form ADV filing (filed Aug 12, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

A
Andrew Murphy
Managing Partner, Chief Compliance Officer
Source: SEC Form ADV
C
Charles Munster
Managing Partner
Source: SEC Form ADV
D
Douglas Clinton
Managing Partner
Source: SEC Form ADV

Funds(10)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Deepwater Public-Private Fund, LPHedge Fund$51.3M$39.0M93Jun 2026Hot
Deepwater SPV II LPVenture Capital$62.8M$21.3M37Jun 2026Hot
Titan PartnershipHedge Fund$362K$779.3M160Feb 2026Warm
Deepwater Late-Stage Fund IIVenture Capital$9.9M$40.9M97Dec 2024Cool
Deepwater SPV I, LPVenture Capital$5.1M$4.4M33Dec 2024Cool
Deepwater Venture Fund II, LPVenture Capital$42.3M$12.5M27Jan 2024Cold
Loup Ventures Fund I LPVenture Capital$76.0M——Jul 2017Cold
Deepwater Vermillion Fund LPVenture Capital$47.9M———
Deepwater SPV IV LPVenture Capital$14.3M———
Deepwater SPV III LPVenture Capital$4.2M———

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
316507
SEC file number
801-126301
CIK
1964171

Sources