Investment adviser · CRD 333904

GIANT STEP MANAGEMENT, LLC

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.

· Form ADV filed Jan 27, 2026

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

Private funds & service providers

2 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.

STARDUST FUND I, LPVenture Capital Fund · Last reported Jan 27, 2026$15.6MGross asset value

Form D fundraising filings

Stardust Fund I, LP

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-4848803694
Reported beneficial owners
5
Minimum commitment
$2M
Form D file number
021-527844

Form ADV 2046091 · Jan 27, 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.

ELLINGTON III, A SERIES OF GIANT STEP CAPITAL SPECIALS, LPVenture Capital Fund · Last reported Jan 27, 2026$10.7MGross asset value

Form D fundraising filings

Ellington III, a series of Giant Step Capital Specials, LP

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-9234817656
Reported beneficial owners
12
Minimum commitment
$50K
Form D file number
021-556451

Form ADV 2046091 · Jan 27, 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: Jan 27, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

CRD 333904

Filing source

Form ADV 2046091 · Jan 27, 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.