Investment adviser · CRD 163548

FIVE ELMS CAPITAL

Investment adviser filing (IA)

FIVE ELMS CAPITAL MANAGEMENT, LLC

KANSAS CITY, MO, United States · Form ADV filed Jun 1, 2026

Regulatory AUM: $3.12B
Client accounts: 23
Employees: 69
Advisory professionals: 58

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	23	$3,116,178,028	100.0%

Filing source

Form ADV 2109529 · Jun 1, 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

27 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.

FIVE ELMS VI Q, L.P.Private Equity Fund · Last reported Jun 1, 2026$618MGross asset value

Form D fundraising filings

Five Elms VI Q, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian CIBC BANK USA CHICAGO, Illinois, United States Related to adviser: No

Marketer EVERCORE GROUP L.L.C. 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

DELOITTE & TOUCHE LLP
PCAOB 34

CIBC BANK USA
LEI 100766120RC0001

EVERCORE GROUP L.L.C.
CRD 42405 · SEC 8-49830

Fund details & source

Fund ID: 805-7503278461
Reported beneficial owners: 161
Minimum commitment: $5M
Form D file number: 021-490070

Form ADV 2109529 · Jun 1, 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.

FIVE ELMS VI B, L.P.Private Equity Fund · Last reported Jun 1, 2026$461MGross asset value

Form D fundraising filings

Five Elms VI B, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian CIBC BANK USA CHICAGO, Illinois, United States Related to adviser: No

Marketer EVERCORE GROUP L.L.C. 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

DELOITTE & TOUCHE LLP
PCAOB 34

CIBC BANK USA
LEI 100766120RC0001

EVERCORE GROUP L.L.C.
CRD 42405 · SEC 8-49830

Fund details & source

Fund ID: 805-3295118544
Reported beneficial owners: 108
Minimum commitment: $5M
Form D file number: 021-490068

Form ADV 2109529 · Jun 1, 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.

FIVE ELMS V B, LPPrivate Equity Fund · Last reported Jun 1, 2026$446MGross asset value

Form D fundraising filings

Five Elms V B, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian ACADEMY BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, United States Related to adviser: No

Custodian BANC OF CALIFORNIA SANTA ANA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

ACADEMY BANK, NATIONAL ASSOCIATION
LEI 549300LP0CV2MNC1GV68

BANC OF CALIFORNIA
LEI 5493OOA7DTSCJLI33451

Fund details & source

Fund ID: 805-5263195694
Reported beneficial owners: 97
Minimum commitment: $3M
Form D file number: 021-398450

Form ADV 2109529 · Jun 1, 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.

FIVE ELMS V Q, LPPrivate Equity Fund · Last reported Jun 1, 2026$328MGross asset value

Form D fundraising filings

Five Elms V Q, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian ACADEMY BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, United States Related to adviser: No

Custodian BANC OF CALIFORNIA SANTA ANA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

ACADEMY BANK, NATIONAL ASSOCIATION
LEI 549300LP0CV2MNC1GV68

BANC OF CALIFORNIA
LEI 5493OOA7DTSCJLI33451

Fund details & source

Fund ID: 805-4546113115
Reported beneficial owners: 133
Minimum commitment: $3M
Form D file number: 021-398451

Form ADV 2109529 · Jun 1, 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.

FIVE ELMS III APPTEGY CV, L.P.Private Equity Fund · Last reported Jun 1, 2026$317MGross asset value

Form D fundraising filings

Five Elms III Apptegy CV, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian BANC OF CALIFORNIA SANTA ANA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

BANC OF CALIFORNIA
LEI 5493OOA7DTSCJLI33451

Fund details & source

Fund ID: 805-5542323900
Reported beneficial owners: 65
Minimum commitment: $0
Form D file number: 021-500121

Form ADV 2109529 · Jun 1, 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.

FIVE ELMS IV Q, LPPrivate Equity Fund · Last reported Jun 1, 2026$295MGross asset value

Form D fundraising filings

Five Elms IV Q, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian ACADEMY BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, United States Related to adviser: No

Custodian BANC OF CALIFORNIA SANTA ANA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

ACADEMY BANK, NATIONAL ASSOCIATION
LEI 549300LP0CV2MNC1GV68

BANC OF CALIFORNIA
LEI 5493OOA7DTSCJLI33451

Fund details & source

Fund ID: 805-6469469111
Reported beneficial owners: 93
Minimum commitment: $1M
Form D file number: 021-338221

Form ADV 2109529 · Jun 1, 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.

FIVE ELMS IV B, LPPrivate Equity Fund · Last reported Jun 1, 2026$165MGross asset value

Form D fundraising filings

Five Elms IV B, L.P.

Fund administrator CARTA INVESTOR SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP KANSAS CITY, Missouri, United States

Custodian ACADEMY BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, United States Related to adviser: No

Custodian BANC OF CALIFORNIA SANTA ANA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

ACADEMY BANK, NATIONAL ASSOCIATION
LEI 549300LP0CV2MNC1GV68

BANC OF CALIFORNIA
LEI 5493OOA7DTSCJLI33451

Fund details & source

Fund ID: 805-5306576553
Reported beneficial owners: 41
Minimum commitment: $1M
Form D file number: 021-338220

Form ADV 2109529 · Jun 1, 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: Jun 1, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

4801 MAIN ST., STE. 700
KANSAS CITY, MO, 64112, United States

CRD 163548

Filing source

Form ADV 2109529 · Jun 1, 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.