Investment adviser · CRD 170252

GRATITUDE 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 Mar 31, 2026

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

Private funds & service providers

7 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.

BUILDERS FUND II LPVenture Capital Fund · Last reported Mar 31, 2026$47.1MGross asset value

Form D fundraising filings

BUILDERS FUND II LP

Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor MOSS ADAMS LLP CAMPBELL, California, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

MOSS ADAMS LLP
PCAOB 659

Fund details & source
Fund ID
805-4712401276
Reported beneficial owners
82
Minimum commitment
$0
Form D file number
021-374255

Form ADV 2088158 · 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.

BUILDERS PSGN LLCVenture Capital Fund · Last reported Mar 31, 2026$45.6MGross asset value
Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No
Fund details & source
Fund ID
805-8777929918
Reported beneficial owners
61
Minimum commitment
$0

Form ADV 2088158 · 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.

DOLPHIN BUILDERS LPVenture Capital Fund · Last reported Mar 31, 2026$44.6MGross asset value

Form D fundraising filings

Dolphin Builders LP

Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor MOSS ADAMS LLP CAMPBELL, California, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

MOSS ADAMS LLP
PCAOB 659

Fund details & source
Fund ID
805-6522459983
Reported beneficial owners
52
Minimum commitment
$0
Form D file number
021-212103

Form ADV 2088158 · 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.

BUILDERS FUND UR LLCVenture Capital Fund · Last reported Mar 31, 2026$20.4MGross asset value
Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No
Fund details & source
Fund ID
805-2594888840
Reported beneficial owners
27
Minimum commitment
$0

Form ADV 2088158 · 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.

BUILDERS FUND MXT LLCVenture Capital Fund · Last reported Mar 31, 2026$16.2MGross asset value
Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No
Fund details & source
Fund ID
805-6832517661
Reported beneficial owners
15
Minimum commitment
$0

Form ADV 2088158 · 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.

BUILDERS ACLR LLCVenture Capital Fund · Last reported Mar 31, 2026$10.8MGross asset value
Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No
Fund details & source
Fund ID
805-4460696987
Reported beneficial owners
13
Minimum commitment
$0

Form ADV 2088158 · 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.

BUILDERS FUND TM II LLCVenture Capital Fund · Last reported Mar 31, 2026$3.28MGross asset value
Fund administrator JOHN W. RYAN RICHMOND, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No
Fund details & source
Fund ID
805-4295372301
Reported beneficial owners
24
Minimum commitment
$0

Form ADV 2088158 · 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.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

CRD 170252

Filing source

Form ADV 2088158 · 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.