Investment adviser · CRD 158378

GRANITE PARTNERS

Investment adviser filing (IA)

GRANITE EQUITY PARTNERS LLC

ST. CLOUD, MN, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $1.89B
Client accounts: 3
Employees: 34
Advisory professionals: 9

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	3	$1,885,970,369	100.0%

Filing source

Form ADV 2051801 · Mar 31, 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

13 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.

GRANITE EQUITY LLCPrivate Equity Fund · Last reported Mar 31, 2026$1.59BGross asset value

Form D fundraising filings

Granite Equity LLC

Auditor GRANT THORNTON LLP KANSAS CITY, Missouri, United States

Custodian BELL BANK FARGO, North Dakota, United States Related to adviser: No

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian BREMER WEALTH SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian J.P. MORGAN ASSET MANAGEMENT NEWARK, Delaware, United States Related to adviser: No

Custodian OLD NATIONAL BANK EVANSVILLE, Indiana, 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

GRANT THORNTON LLP
PCAOB 248

Fund details & source

Fund ID: 805-9736539686
Reported beneficial owners: 300
Minimum commitment: $100K
Form D file number: 021-177891
Form D file number: 021-188890
Form D file number: 021-196774
Form D file number: 021-241579
Form D file number: 021-269222
Form D file number: 021-286344
Form D file number: 021-330556
Form D file number: 021-366207
Form D file number: 021-379742
Form D file number: 021-399262
Form D file number: 021-445997
Form D file number: 021-461738
Form D file number: 021-485774
Form D file number: 021-487136
Form D file number: 021-513083

Form ADV 2051801 · Mar 31, 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.

GRANITE EQUITY ASSOCIATES LLCPrivate Equity Fund · Last reported Mar 31, 2026$279MGross asset value

Form D fundraising filings

Granite Equity Associates LLC

Auditor GRANT THORNTON LLP KANSAS CITY, Missouri, United States

Custodian BELL BANK FARGO, North Dakota, United States Related to adviser: No

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian BREMER WEALTH SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian J.P. MORGAN ASSET MANAGEMENT NEWARK, Delaware, United States Related to adviser: No

Custodian OLD NATIONAL BANK EVANSVILLE, Indiana, 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

GRANT THORNTON LLP
PCAOB 248

Fund details & source

Fund ID: 805-3683519381
Reported beneficial owners: 115
Minimum commitment: $100K
Form D file number: 021-188893
Form D file number: 021-241574
Form D file number: 021-286361
Form D file number: 021-330540
Form D file number: 021-366215
Form D file number: 021-446038
Form D file number: 021-485775
Form D file number: 021-487131

Form ADV 2051801 · Mar 31, 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.

GRANITE DEBT FUND LLCPrivate Equity Fund · Last reported Mar 31, 2026$16.9MGross asset value

Form D fundraising filings

Granite Debt Fund LLC

Auditor GRANT THORNTON LLP KANSAS CITY, Missouri, United States

Custodian BELL BANK FARGO, North Dakota, United States Related to adviser: No

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian BREMER WEALTH SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian OLD NATIONAL BANK EVANSVILLE, Indiana, 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

GRANT THORNTON LLP
PCAOB 248

Fund details & source

Fund ID: 805-5645194893
Reported beneficial owners: 11
Minimum commitment: $100K
Form D file number: 021-177531
Form D file number: 021-208084
Form D file number: 021-380353

Form ADV 2051801 · Mar 31, 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.

GRANITE MICROBIOLOGICS LLCPrivate Equity Fund · Last reported Mar 29, 2023$99.2MGross asset value

Form D fundraising filings

Granite Microbiologics LLC

Auditor GRANT THORNTON LLP MINNEAPOLIS, Minnesota, United States

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian BREMER TRUST, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, 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

GRANT THORNTON LLP
PCAOB 248

Fund details & source

Fund ID: 805-2421860519
Reported beneficial owners: 31
Minimum commitment: $10K
Form D file number: 021-241587

Form ADV 1730349 · Mar 29, 2023 · 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.

GRANITE EQUITY II Q LLLPPrivate Equity Fund · Last reported Nov 26, 2012$61.5MGross asset value

Auditor KERN, DEWENTER, VIERE, LTD. SAINT CLOUD, Minnesota, United States

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, 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

Fund details & source

Fund ID: 805-2652679138
Reported beneficial owners: 76
Minimum commitment: $100K
Form D file number: 021-9999999999

Form ADV 681946 · Nov 26, 2012 · 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.

GRANITE EQUITY LIMITED PARTNERSHIPPrivate Equity Fund · Last reported Feb 13, 2012$56MGross asset value

Auditor KERN, DEWENTER, VIERE, LTD. SAINT CLOUD, Minnesota, United States

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian CRAIG-HALLUM CAPITAL GROUP LLC MINNEAPOLIS, Minnesota, 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

CRAIG-HALLUM CAPITAL GROUP LLC
SEC 8-65407

Fund details & source

Fund ID: 805-1238945759
Reported beneficial owners: 26
Minimum commitment: $100K
Form D file number: 021-51078

Form ADV 601392 · Feb 13, 2012 · 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.

GRANITE DEZURIK LLCPrivate Equity Fund · Last reported Mar 23, 2022$54.8MGross asset value

Form D fundraising filings

Granite DeZURIK LLC

Auditor GRANT THORNTON LLP MINNEAPOLIS, Minnesota, United States

Custodian BREMER BANK, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, United States Related to adviser: No

Custodian BREMER TRUST, NATIONAL ASSOCIATION SAINT CLOUD, Minnesota, 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

GRANT THORNTON LLP
PCAOB 248

Fund details & source

Fund ID: 805-6885473113
Reported beneficial owners: 19
Minimum commitment: $10K
Form D file number: 021-241707

Form ADV 1621221 · Mar 23, 2022 · 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: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

1100 W. SAINT GERMAIN STREET
ST. CLOUD, MN, 56301, United States

CRD 158378

Filing source

Form ADV 2051801 · Mar 31, 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.