Investment adviser · CRD 277170

CLOVERLAY INVESTMENT MANAGEMENT, LLC

Investment adviser filing (IA)

CONSHOHOCKEN, PA, United States · Form ADV filed Aug 28, 2026

Regulatory AUM: $1.83B
Client accounts: 13
Employees: 18
Advisory professionals: 10

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	13	$1,830,952,939	100.0%

Filing source

Form ADV 2126597 · Aug 28, 2026 · Item 5.D

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

Private funds & service providers

11 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.

CLOVERLAY SOLUTIONS (LEAHI CAPITAL) L.P.Private Equity Fund · Last reported Aug 28, 2026$377MGross asset value

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian MONEX SECURITIES, INC. WASHINGTON, District of Columbia, United States Related to adviser: No

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG US LLP
PCAOB 185

MONEX SECURITIES, INC.
SEC 8-44874 · LEI 5493004T109FSYW8ND09

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

Fund details & source

Fund ID: 805-3988588889
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2126597 · Aug 28, 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.

CLOVERLAY SOLUTIONS (BRAVO) L.P.Private Equity Fund · Last reported Aug 28, 2026$241MGross asset value

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG US LLP
PCAOB 185

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

Fund details & source

Fund ID: 805-9190162341
Reported beneficial owners: 5
Minimum commitment: $1M

Form ADV 2126597 · Aug 28, 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.

CLOVERLAY SOLUTIONS (BRAVO II) L.P.Private Equity Fund · Last reported Aug 28, 2026$219MGross asset value

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG US LLP
PCAOB 185

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

Fund details & source

Fund ID: 805-7093912394
Reported beneficial owners: 5
Minimum commitment: $1M

Form ADV 2126597 · Aug 28, 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.

CLOVERLAY FUND II, LPPrivate Equity Fund · Last reported Aug 28, 2026$208MGross asset value

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian SVB SECURITIES, A NON-BANK AFFILIATE OF SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG US LLP
PCAOB 185

SVB SECURITIES, A NON-BANK AFFILIATE OF SILICON VALLEY BANK
SEC 8-51582

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

Fund details & source

Fund ID: 805-5043374550
Reported beneficial owners: 102
Minimum commitment: $5M
Form D file number: 021-339426
Form D file number: 021-339437

Form ADV 2126597 · Aug 28, 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.

CLOVERLAY FUND III, LPPrivate Equity Fund · Last reported Aug 28, 2026$192MGross asset value

Form D fundraising filings

CLOVERLAY FUND III L.P.

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian MONEX SECURITIES, INC. WASHINGTON, District of Columbia, United States Related to adviser: No

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Marketer GALLATIN CAPITAL LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

KPMG US LLP
PCAOB 185

MONEX SECURITIES, INC.
SEC 8-44874 · LEI 5493004T109FSYW8ND09

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

GALLATIN CAPITAL LLC
CRD 124738 · SEC 8-65718

Fund details & source

Fund ID: 805-1475218380
Reported beneficial owners: 47
Minimum commitment: $5M
Form D file number: 021-453981

Form ADV 2126597 · Aug 28, 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.

CLOVERLAY SOLUTIONS L.P. - SERIES ALPHAPrivate Equity Fund · Last reported Aug 28, 2026$170MGross asset value

Form D fundraising filings

Cloverlay Solutions L.P. - Series Alpha

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US, LLP BOSTON, Massachusetts, United States

Custodian MONEX EUROPE LONDON, United Kingdom Related to adviser: No

Custodian SVB SECURITIES, A NON-BANK AFFILIATE OF SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG US, LLP
PCAOB 185

MONEX EUROPE
LEI 213800GZGM4WP8ODMB34

SVB SECURITIES, A NON-BANK AFFILIATE OF SILICON VALLEY BANK
SEC 8-51582

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

Fund details & source

Fund ID: 805-9817134880
Reported beneficial owners: 5
Minimum commitment: $1M
Form D file number: 021-245906

Form ADV 2126597 · Aug 28, 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.

CLOVERLAY SOLUTIONS (BRAVO III) L.P.Private Equity Fund · Last reported Aug 28, 2026$163MGross asset value

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG US LLP
PCAOB 185

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

Fund details & source

Fund ID: 805-9810928979
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2126597 · Aug 28, 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: Aug 28, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

161 WASHINGTON STREET, SUITE 1650
CONSHOHOCKEN, PA, 19428, United States

CRD 277170

Filing source

Form ADV 2126597 · Aug 28, 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.