Investment adviser · CRD 142904

EXCELLERE PARTNERS

Investment adviser filing (IA)

EXCELLERE CAPITAL MANAGEMENT LLC

DENVER, CO, United States · Form ADV filed Sep 11, 2026

Regulatory AUM: $2.26B
Client accounts: 5
Employees: 26
Advisory professionals: 22

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	5	$2,255,352,333	100.0%

Filing source

Form ADV 2132088 · Sep 11, 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

6 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.

EXCELLERE CAPITAL FUND IV, L.P.Private Equity Fund · Last reported Sep 11, 2026$1.24BGross asset value

Form D fundraising filings

Excellere Capital Fund IV, L.P.

Fund administrator OCORIAN SERVICES (US), LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor CROWE LLP DENVER, Colorado, United States

Custodian KEYBANK NATIONAL ASSOCIATION CLEVELAND, Ohio, 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

CROWE LLP
PCAOB 173

Fund details & source

Fund ID: 805-7412105658
Reported beneficial owners: 50
Minimum commitment: $10M
Form D file number: 021-401749

Form ADV 2132088 · Sep 11, 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.

EXCELLERE CAPITAL FUND III, L.P.Private Equity Fund · Last reported Sep 11, 2026$695MGross asset value

Form D fundraising filings

Excellere Capital Fund III, L.P.

Fund administrator OCORIAN SERVICES (US), LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor CROWE LLP DENVER, Colorado, United States

Custodian KEYBANK NATIONAL ASSOCIATION CLEVELAND, Ohio, 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

CROWE LLP
PCAOB 173

Fund details & source

Fund ID: 805-6413816952
Reported beneficial owners: 43
Minimum commitment: $10M
Form D file number: 021-245616

Form ADV 2132088 · Sep 11, 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.

EXCELLERE CAPITAL FUND II, L.P.Private Equity Fund · Last reported Sep 11, 2026$214MGross asset value

Form D fundraising filings

Excellere Capital Fund II, L.P.

Fund administrator OCORIAN SERVICES (US), LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor CROWE LLP DENVER, Colorado, United States

Custodian KEYBANK NATIONAL ASSOCIATION CLEVELAND, Ohio, 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

CROWE LLP
PCAOB 173

Fund details & source

Fund ID: 805-7163788602
Reported beneficial owners: 31
Minimum commitment: $10M
Form D file number: 021-152380

Form ADV 2132088 · Sep 11, 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.

EXCELLERE CDL CO-INVEST, L.P.Private Equity Fund · Last reported Sep 11, 2026$111MGross asset value

Form D fundraising filings

Excellere CDL Co-Invest, L.P.

Fund administrator OCORIAN SERVICES (US), LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor CROWE LLP DENVER, Colorado, United States

Custodian KEYBANK NATIONAL ASSOCIATION CLEVELAND, Ohio, 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

CROWE LLP
PCAOB 173

Fund details & source

Fund ID: 805-8995171025
Reported beneficial owners: 15
Minimum commitment: $10M
Form D file number: 021-420292

Form ADV 2132088 · Sep 11, 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.

EXCELLERE SCA CO-INVEST, L.P.Private Equity Fund · Last reported Sep 11, 2026$63.9KGross asset value

Form D fundraising filings

Excellere SCA Co-Invest, L.P.

Fund administrator OCORIAN SERVICES (US), LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor CROWE LLP DENVER, Colorado, United States

Custodian KEYBANK NATIONAL ASSOCIATION CLEVELAND, Ohio, 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

CROWE LLP
PCAOB 173

Fund details & source

Fund ID: 805-6897423837
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-386503

Form ADV 2132088 · Sep 11, 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.

EXCELLERE CAPITAL FUND, LPPrivate Equity Fund · Last reported Feb 20, 2020$29.7MGross asset value

Fund administrator TILLMAN PES LLC OAK BROOK, Illinois, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor CROWE LLP DENVER, Colorado, United States

Custodian KEYBANK NATIONAL ASSOCIATION CLEVELAND, Ohio, 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

CROWE LLP
PCAOB 173

Fund details & source

Fund ID: 805-4225112464
Reported beneficial owners: 24
Minimum commitment: $5M
Form D file number: 021-99898

Form ADV 1382902 · Feb 20, 2020 · 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 11, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

3033 EAST FIRST AVENUE, SUITE 700
DENVER, CO, 80206, United States

CRD 142904

Filing source

Form ADV 2132088 · Sep 11, 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.