9AT: TRP CAPITAL ADVISORS, LLC

other names

TRP CAPITAL ADVISORS, LLC
TRP CAPITAL PARTNERS

Adviser Profile

As of Date	03/26/2026
ADV Location	BIRMINGHAM, MI, United States
Adviser Type - Related adviser
Number of Employees	11 10%
of those in investment advisory functions	9 13%
Registration	SEC, Approved, 11/04/2015
Other registrations (1)	SEC, ERA - Withdrawn, 10/29/2015

AUM^*	82,451,086 -72%
of that, discretionary	82,451,086 -72%
Private Fund GAV^*	107,219,612 63%
Avg Account Size	11,778,727 -72%
SMA’s	No
Private Funds	11 3
Contact Info	248 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count11	GAV$107,219,612

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser SHOREHILL CAPITAL LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund576.2m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV576.2m	AUM576.2m	#Funds2
Adviser HEALTHEDGE INVESTMENT PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund675.8m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV675.8m	AUM325.8m	#Funds7
Adviser ZARVONA ENERGY LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund410.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV410.3m	AUM423.1m	#Funds5
Adviser TILIA HOLDINGS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund311.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV311.9m	AUM311.9m	#Funds3
Adviser TRGP INVESTMENT PARTNERS, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund654.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV654.3m	AUM726.8m	#Funds12
Adviser EDGEWATER CAPITAL PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund466.8m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV466.8m	AUM466.8m	#Funds4
Adviser WAVE EQUITY PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund390.2m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund613.6m	Other Fund-	Total Private Fund GAV1.6b	AUM563.8m	#Funds23
Adviser BASIN OIL AND GAS MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund492.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV492.7m	AUM492.7m	#Funds5
Adviser PERMANENT EQUITY MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund508.8m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV508.8m	AUM508.8m	#Funds3
Adviser PARALLAXES CAPITAL	Hedge Fund-	Liquidity Fund-	Private Equity Fund326.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV326.5m	AUM620.8m	#Funds18

Brochure Summary

Overview

A. Advisory Firm TRP Capital Advisors, LLC (the “Registrant”), an investment advisor, is a Delaware limited liability company formed on May 14, 2015. The Registrant’s owners are David R. Mitchell, Steven G. Carrel, and Michael A. DiRienzo. B. Advisory Services Provided The Registrant currently provides investment advisory services to a private equity fund, TRP Capital Partners, LP, related alternative investment vehicles and a number of co-investment vehicles (together, the “Fund”). Certain co-investment vehicles are not available to investors. The Fund is offered exclusively on a “private placement” basis to select qualified investors pursuant to terms and conditions set forth in the Fund’s Private Placement Memorandum (the “Memorandum”). The Registrant’s investment advisory services consist of providing day-to-day managerial and administrative services to the Fund, including assisting with sourcing, analyzing and structuring potential investments, monitoring the performance of portfolio companies, and advising the Fund regarding disposition

opportunities. The Registrant’s advice focuses on portfolio companies in the transportation industry. Please see the Memorandum and Item 8 for more information on the Fund’s investment strategies and the Registrant’s advisory business. C. Tailored Advisory Services Advisory services are tailored to the specific needs of the Fund pursuant to an investment advisory agreement entered into between the Registrant and the Fund (the “Advisory Agreement”). The Registrant has entered into similar investment advisory agreements with each co-investment vehicle. The Registrant does not tailor the investment decisions of the Fund to individual investors, and investors generally will not be able to impose restrictions on the Fund’s investments. D. Wrap Fee Programs The Registrant does not participate in wrap fee programs. E. Assets under Management The amount of assets under management (“AUM”) as of December 31, 2023 is: AUM US$ Discretionary: $292,508,110 Non-Discretionary: $0 Total: $292,508,110 5

TRP CAPITAL ADVISORS, LLC

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