# Prospect Hill Growth Partners, L.P.

> Prospect Hill Growth Partners, L.P. is an SEC-registered investment advisory firm in Waltham, MA, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 171462
- Filed as: PROSPECT HILL GROWTH PARTNERS, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Waltham, MA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/171462
- AdvisorCensus page: https://advisorcensus.com/firm/prospect-hill-growth-partners-l-p-waltham-ma-171462

## Quick answers

**How is Prospect Hill Growth Partners, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Prospect Hill Growth Partners, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Prospect Hill Growth Partners, L.P. located?**
Prospect Hill Growth Partners, L.P.'s principal office is in Waltham, MA, according to its Form ADV.

**Is Prospect Hill Growth Partners, L.P. registered with the SEC or a state?**
Prospect Hill Growth Partners, L.P. is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 171462.

**How much does Prospect Hill Growth Partners, L.P. manage?**
Prospect Hill Growth Partners, L.P. reports $310,642,036 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Prospect Hill Growth Partners, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Prospect Hill Growth Partners, L.P.: Regulatory assets under management: $1,291,869,460 in the October 2021 data and $310,642,036 in the October 2026 data, down 76%. Total employees: 17 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prospect Hill Growth Partners, L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does Prospect Hill Growth Partners, L.P. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/171462

**What changed in Prospect Hill Growth Partners, L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 6. Regulatory assets under management went from $484,716,771 to $310,642,036 (-36%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $310,642,036
- Discretionary: $310,642,036
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $310,642,036 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 8 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [prospecthillgrowth.com](https://prospecthillgrowth.com)
- Facebook @prospecthillgp
- LinkedIn @PROSPECT-HILL-GROWTH-PARTNERS
- X @PROSPECTHILLGP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,291,869,460 | 17 | March 25, 2021 |
| October 2022 | $1,131,438,504 | 19 | March 30, 2022 |
| October 2023 | $817,024,014 | 14 | March 31, 2023 |
| October 2024 | $561,353,710 | 12 | March 29, 2024 |
| October 2025 | $484,716,771 | 11 | March 26, 2025 |
| October 2026 | $310,642,036 | 8 | March 26, 2026 |

Regulatory assets under management: $1,291,869,460 in the October 2021 data and $310,642,036 in the October 2026 data, down 76%.
Total employees: 17 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 6.
- Regulatory assets under management went from $484,716,771 to $310,642,036 (-36%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prospect Hill Growth Partners, L.P. (CRD 171462): Form ADV filing data as of October 2026.