Prescott General Partners Llc
- Regulatory AUM
- $1.7B
- Discretionary
- $1.7B
- Clients
- 1
- Avg AUM / client
- $1.7B
- Accounts
- 3
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 1 | $1.7B | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Prescott Associates Lp | Hedge Fund | New York | $1.2B | 139 |
| Prescott International Partners Lp | Hedge Fund | Delaware | $54.1M | 2 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chung, Michelle, L | Cco,Cfo | Jan 2012 (15y) | Less than 5% | |
| Smith, Thomas, William | Managing Member | Jan 2012 (15y) | Less than 5% | |
| Vassalluzzo, Scott, J | Managing Member | Jan 2012 (15y) | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $1.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Prescott Associates Lp | Hedge Fund | $1.2B | $1.0M | 139 |
| Prescott International Partners Lp | Hedge Fund | $54.1M | $1.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.22 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ALLEGED VIOLATIONS OF RULE 204(B)-1 UNDER U.S. INVESTMENT ADVISERS ACT OF 1940, DUE TO THE ADVISER'S FAILURE TO FILE FORM PF. Status: Final Sanction Detail: $75,000 PAID ON JUNE 6, 2018. Summary: ON JANUARY 26, 2018, THE SECURITIES AND EXCHANGE COMMISSION (THE "SEC") FIRST NOTIFIED PRESCOTT GENERAL PARTNERS LLC ("PRESCOTT") THAT IT FAILED TO FILE CERTAIN FORM PF FILINGS. PURSUANT TO A SETTLEMENT OFFER PROPOSED BY THE SEC, PRESCOTT AGREED TO THE ENTRY OF AN ORDER (THE "ORDER"). PURSUANT TO THE ORDER, PRESCOTT, WITHOUT ADMITTING OR DENYING THE FINDINGS, WAS CENSURED, FINED $75,000 AND WAS ORDERED TO CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS OF RULE 204(B)-1 UNDER THE INVESTMENT ADVISERS ACT. PROMPTLY UPON THE INITIAL NOTIFICATION BY THE SEC, PRESCOTT FILED AN ANNUAL FORM PF FOR FISCAL YEAR 2017, AND, PROMPTLY UPON SETTLEMENT, PRESCOTT FILED ALL REQUIRED HISTORICAL FORM PF FILINGS WITH THE SEC.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- National Financial Services (Fidelity) $693M (26% of AUM) Jul 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗