-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KhDhK+nRfAGvpJU8+6RbEMWDChIN6tnGt3dXWga+bR+OjbcQh1DvL/gTDjw4Dq/V
 0IQ2H6or6QnLvcQbDFmvDQ==

<SEC-DOCUMENT>0001433721-09-000003.txt : 20090224
<SEC-HEADER>0001433721-09-000003.hdr.sgml : 20090224
<ACCEPTANCE-DATETIME>20090224123510
ACCESSION NUMBER:		0001433721-09-000003
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090224
DATE AS OF CHANGE:		20090224
EFFECTIVENESS DATE:		20090224

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CRAWLING STONE CAPITAL PARTNRS SPC
		CENTRAL INDEX KEY:			0001433721
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-117564
		FILM NUMBER:		09630112

	BUSINESS ADDRESS:	
		STREET 1:		C/O ECLIPSE FUND MANAGEMENT INC
		STREET 2:		7700 BONHOMME, SUITE 500
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63105
		BUSINESS PHONE:		314-725-2100

	MAIL ADDRESS:	
		STREET 1:		C/O ECLIPSE FUND MANAGEMENT INC
		STREET 2:		7700 BONHOMME, SUITE 500
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63105
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0201</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001433721</cik>
        <entityName>CRAWLING STONE CAPITAL PARTNRS SPC</entityName>
        <issuerAddress>
            <street1>C/O ECLIPSE FUND MANAGEMENT INC</street1>
            <street2>7700 BONHOMME, SUITE 500</street2>
            <city>ST LOUIS</city>
            <stateOrCountry>MO</stateOrCountry>
            <zipCode>63105</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>314-725-2100</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>MO</jurisdictionOfInc>
        <entityType>Other</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2006</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName>W.</middleName>
                <lastName>Moller</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>7700 Bonhomme</street1>
                <street2>Suite 500</street2>
                <city>St. Louis</city>
                <stateOrCountry>MO</stateOrCountry>
                <zipCode>63105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ronald</firstName>
                <middleName>R.</middleName>
                <lastName>Breitigam</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>7700 Bonhomme</street1>
                <street2>Suite 500</street2>
                <city>St. Louis</city>
                <stateOrCountry>MO</stateOrCountry>
                <zipCode>63105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>No Aggregate Net Asset Value</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2006-11-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>1000000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>30000000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>CRAWLING STONE CAPITAL PARTNRS SPC</issuerName>
                <signatureName>Ronald R. Breitigam</signatureName>
                <nameOfSigner>Ronald R. Breitigam</nameOfSigner>
                <signatureTitle>Director</signatureTitle>
                <signatureDate>2009-02-24</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----