FlowStone Partners seeks to provide immediate and continuous exposure to private equity opportunities through a flexible investment structure that is offered on a quarterly basis to HNW and institutional investors.
CHICAGO, June 9, 2022 – FlowStone Partners announced today that FlowStone Opportunity Fund decreased in Net Asset Value (“NAV”) by 0.18% in the first quarter ended March 31, 2022 while the Russell 2000 declined 7.53% over the same period amid a broader market sell-off. The 1940 & 1933 Act registered investment vehicle was launched in August 2019 to provide qualified high-net-worth and institutional investors diversified exposure to private equity through an actively managed secondary-focused strategy. The change in NAV and net inflows from shareholders increased overall assets in the Fund to over $450 million as of April 1, 2022. “Liquid markets have been volatile across nearly all major asset classes and our strategy was not immune to systemic macro factors in Q1, albeit to a lesser degree. We view private equity as a long-term asset class and short-term disruptions can create investment opportunities at entry points that reflect current market conditions. Our team has 70+ years of combined experience across various business cycles and this experience helps to inform our views on the current environment.” said Scott Conners, Managing Director, and President of FlowStone Partners. The Fund remains open to accept quarterly Shareholder subscriptions from Qualified Clients and Qualified Purchasers. “Based on our experience, market disruptions have historically presented attractive transaction opportunities in the private equity secondary markets. We look forward to helping investors navigate current market conditions by providing diversified exposure to private equity assets that may be less impacted by the broader market volatility,” added Conners.
As of March 31, 2022, the FlowStone Opportunity Fund has returned 76.49%, including 20.53% over the past 12-months, since its August 2019 inception. According to recent SEC filings, the Fund is approximately 66.10% committed/invested with exposure to over 170 private equity sponsors and over 1000+ companies across various industries.
FlowStone Partners provides qualified high net worth and institutional investors with highly diversified exposure to the Private Equity asset class through secondary, primary, and co-investment strategies. The FlowStone senior investment team has over 70+ years of combined private equity secondary and primary investment experience. As opposed to traditional closed-end fund-of-funds vehicles, our investment strategies are executed through investment vehicles that strive to meet the unique requirements of high-net-worth investors, family offices and smaller institutional institutions. The FlowStone team has the ability to design and manage co-mingled fund products and, using this same private-equity expertise, the potential to build customized vehicles with bespoke strategies to accommodate the needs of a variety of investor types. Learn more at https://flowstonepartners.com.
IMPORTANT INFORMATION – FLOWSTONE OPPORTUNITY FUND
Past performance does not guarantee future results. As of 03/31/2022 the Flowstone Opportunity Fund’s total return since inception was 76.49%.
Returns are presented net of estimated gross expenses of 7.33% and 6.49%, net of Fee Waiver and/or Expense Reimbursement of 0.84%. If the Fee Waiver and/or Expense Reimbursement had not been in place, returns would have been lower. Performance figures do not reflect the 2% early withdrawal fee that may apply to some unit holders. Expenses are estimated as of the Fund’s prospectus date, effective March 31, 2022.
This material is published as assistance for recipients, but does not constitute investment advice and is not to be relied upon as authoritative nor to be substituted for one’s own judgment. This information is not a recommendation to purchase or sell a security or follow any strategy or allocation. Before making any investment decision, you should seek expert, professional advice and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the laws of your home country and place of residence.
The information contained herein reflects views as of a particular time, and is subject to change without notice. It is for illustrative purposes only and may not be representative of current or future investments or allocations. Any forward-looking statements are based on assumptions, and actual results may vary from such statements. There is no requirement to update information provided, unless otherwise required by applicable law. While reasonable efforts have been used to obtain information from reliable sources, no representations or warranties are made as to the accuracy, reliability or completeness of third-party information presented. The information contained in this document is unaudited.