Investment adviser · CRD 162930

ADVENT-MORRO EQUITY PARTNERS, INC.

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

SAN JUAN, PR, United States · Form ADV filed Sep 23, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

8 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

GUAYACAN PRIVATE EQUITY FUND L.P.Private Equity Fund · Last reported Sep 23, 2026$51.9MGross asset value
Auditor DRIVEN, PSC GUAYNABO, Puerto Rico, United States
Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED GUAYNABO, Puerto Rico, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

DRIVEN, PSC
PCAOB 6817

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

Fund details & source
Fund ID
805-9184029006
Reported beneficial owners
10
Minimum commitment
$250K

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GUAYACAN PRIVATE EQUITY FUND L.P. IIPrivate Equity Fund · Last reported Sep 23, 2026$22.4MGross asset value
Auditor DRIVEN, PSC GUAYNABO, Puerto Rico, United States
Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED GUAYNABO, Puerto Rico, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

DRIVEN, PSC
PCAOB 6817

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

Fund details & source
Fund ID
805-2006753101
Reported beneficial owners
9
Minimum commitment
$250K
Form D file number
021-103255

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

VENTURE CAPITAL FUND, INC.Private Equity Fund · Last reported Sep 23, 2026$20.8MGross asset value
Auditor DRIVEN, PSC GUAYNABO, Puerto Rico, United States
Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED GUAYNABO, Puerto Rico, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

DRIVEN, PSC
PCAOB 6817

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

Fund details & source
Fund ID
805-2707940766
Reported beneficial owners
130
Minimum commitment
$1K

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MORRO VENTURES I, LPPrivate Equity Fund · Last reported Sep 23, 2026$18.8MGross asset value

Form D fundraising filings

MORRO VENTURES I, LP

Auditor DRIVEN, PSC GUAYNABO, Puerto Rico, United States
Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

DRIVEN, PSC
PCAOB 6817

Fund details & source
Fund ID
805-1139944355
Reported beneficial owners
22
Minimum commitment
$250K
Form D file number
021-323245

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GUAYACAN PRIVATE EQUITY FUND L.P. IIIPrivate Equity Fund · Last reported Sep 23, 2026$18.1MGross asset value

Form D fundraising filings

Guayacan Private Equity Fund Limited Partnership III

Auditor DRIVEN, PSC GUAYNABO, Puerto Rico, United States
Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED GUAYNABO, Puerto Rico, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian POPULAR SECURITIES, LLC SAN JUAN, Puerto Rico, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

DRIVEN, PSC
PCAOB 6817

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

POPULAR SECURITIES, LLC
SEC 8-24216

Fund details & source
Fund ID
805-2529276736
Reported beneficial owners
7
Minimum commitment
$1M
Form D file number
021-273374

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GUAYACAN PRIVATE EQUITY FUND L.P. III-APrivate Equity Fund · Last reported Sep 23, 2026$6.87MGross asset value

Form D fundraising filings

Guayacan Private Equity Fund Limited Partnership III-A

Auditor DRIVEN, PSC GUAYNABO, Puerto Rico, United States
Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED GUAYNABO, Puerto Rico, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian POPULAR SECURITIES, LLC SAN JUAN, Puerto Rico, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

DRIVEN, PSC
PCAOB 6817

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

POPULAR SECURITIES, LLC
SEC 8-24216

Fund details & source
Fund ID
805-1441555624
Reported beneficial owners
3
Minimum commitment
$1M
Form D file number
021-273376

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GUAYACAN PRIVATE EQUITY FUND L.P. III-BPrivate Equity Fund · Last reported Sep 23, 2026$667KGross asset value

Form D fundraising filings

Guayacan Private Equity Fund Limited Partnership III-B

Custodian BANCO POPULAR DE PUERTO RICO SAN JUAN, Puerto Rico, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED GUAYNABO, Puerto Rico, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian POPULAR SECURITIES, LLC SAN JUAN, Puerto Rico, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

POPULAR SECURITIES, LLC
SEC 8-24216

Fund details & source
Fund ID
805-3544739945
Reported beneficial owners
3
Minimum commitment
$1M
Form D file number
021-280870

Form ADV 2134206 · Sep 23, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Sep 23, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

206 TETUAN STREET SUITE 903, BANCO POPULAR BUILDING
SAN JUAN, PR, 00901, United States

CRD 162930

Filing source

Form ADV 2134206 · Sep 23, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.