Investment adviser · CRD 321885

HM INTERNATIONAL L.L.C.

Investment adviser filing (IA)

AUSTIN, TX, United States · Form ADV filed Jul 24, 2026

Regulatory AUM
$1.13B
Form ADV · Item 5.F
Client accounts
5
Accounts, not individual clients
Employees
8
Reported in this filing
Advisory professionals
5
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles5$1,133,060,099100.0%
Filing source

Form ADV 2121728 · Jul 24, 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.

HOOK INVESTMENTS LPOther Private Fund · Last reported Jul 24, 2026$485MGross asset value
Auditor TOPEL FORMAN L.L.C. CHICAGO, Illinois, United States
Custodian FIDELITY INVESTMENTS HOUSTON, Texas, United States Related to adviser: No
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian JP MORGAN DENVER, Colorado, United States Related to adviser: No
Custodian MORGAN STANLEY & CO. LLC MIAMI, Florida, 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

TOPEL FORMAN L.L.C.
PCAOB 5181

GOLDMAN SACHS & CO. LLC
SEC 8-129

Fund details & source
Fund ID
805-7417805884
Reported beneficial owners
4
Minimum commitment
$0

Form ADV 2121728 · Jul 24, 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.

PM OPERATING LTDOther Private Fund · Last reported Jul 24, 2026$341MGross asset value
Auditor TOPEL FORMAN L.L.C. CHICAGO, Illinois, United States
Custodian FIDELITY INVESTMENTS HOUSTON, Texas, United States Related to adviser: No
Custodian JP MORGAN DENVER, Colorado, 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

TOPEL FORMAN L.L.C.
PCAOB 5181

Fund details & source
Fund ID
805-2412560395
Reported beneficial owners
3
Minimum commitment
$0

Form ADV 2121728 · Jul 24, 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.

HOJEL INTERESTS LPOther Private Fund · Last reported Jul 24, 2026$166MGross asset value
Auditor TOPEL FORMAN L.L.C. CHICAGO, Illinois, United States
Custodian JP MORGAN DENVER, Colorado, 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

TOPEL FORMAN L.L.C.
PCAOB 5181

Fund details & source
Fund ID
805-3257305024
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2121728 · Jul 24, 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.

PSH INVESTMENTS LTDOther Private Fund · Last reported Jul 24, 2026$132MGross asset value
Auditor TOPEL FORMAN L.L.C. CHICAGO, Illinois, United States
Custodian CHARLES SCHWAB AUSTIN, Texas, United States Related to adviser: No
Custodian JP MORGAN DENVER, Colorado, 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

TOPEL FORMAN L.L.C.
PCAOB 5181

Fund details & source
Fund ID
805-5666781404
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2121728 · Jul 24, 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.

POWER OF ONE LPOther Private Fund · Last reported Jul 24, 2026$62.7MGross asset value
Auditor TOPEL FORMAN LLC CHICAGO, Illinois, United States
Custodian JP MORGAN DENVER, Colorado, 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

TOPEL FORMAN LLC
PCAOB 5181

Fund details & source
Fund ID
805-8036754826
Reported beneficial owners
12
Minimum commitment
$0

Form ADV 2121728 · Jul 24, 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.

NPM FAMILY PARTNERSHIP LTDOther Private Fund · Last reported Jul 17, 2025$17.3MGross asset value
Auditor TOPEL FORMAN L.L.C. CHICAGO, Illinois, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian JP MORGAN DENVER, Colorado, 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

TOPEL FORMAN L.L.C.
PCAOB 5181

GOLDMAN SACHS & CO. LLC
SEC 8-129

Fund details & source
Fund ID
805-1352290050
Reported beneficial owners
4
Minimum commitment
$0

Form ADV 2003486 · Jul 17, 2025 · 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: Jul 24, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets

Principal office

1608 WEST 5TH STREET, SUITE 200
AUSTIN, TX, 78703-5498, United States

CRD 321885

Filing source

Form ADV 2121728 · Jul 24, 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.