Investment adviser · CRD 329275

MAKARORA

Investment adviser filing (IA)

MAKARORA MANAGEMENT LP

NEW YORK, NY, United States · Form ADV filed Apr 29, 2026

Regulatory AUM: $1.09B
Client accounts: 4
Employees: 19
Advisory professionals: 12

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	4	$1,092,744,155	100.0%

Filing source

Form ADV 2099446 · Apr 29, 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

4 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.

MRESC-K, LLCReal Estate Fund · Last reported Apr 29, 2026$429MGross asset value

Fund administrator SEI GLOBAL SERVICES, INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

Custodian COMPUTERSHARE TRUST COMPANY N.A. MINNEAPOLIS, Minnesota, 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

ERNST & YOUNG
PCAOB 42

BANK OF AMERICA N.A.
LEI LEI ID 9DJT3UXIJIZJI

Fund details & source

Fund ID: 805-2471928520
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 2099446 · Apr 29, 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.

MAKARORA REAL ESTATE SPECIAL SITUATIONS FUND I-A LPReal Estate Fund · Last reported Apr 29, 2026$326MGross asset value

Form D fundraising filings

Makarora Real Estate Special Situations Fund I-A LP

Fund administrator SEI GLOBAL SERVICES INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

Marketer ALVINE CAPITAL AB (ACAB) LONDON, United Kingdom Related to adviser: No

Marketer ALVINE CAPITAL MANAGEMENT LIMITED LONDON, United Kingdom Related to adviser: No

Marketer HOVEY CAPITAL PARTNERS CANADA INC. TORONTO, Canada Related to adviser: No

Marketer HOVEY CAPITAL PARTNERS LLC BOCA RATON, Florida, United States Related to adviser: No

Marketer MORGAN STANLEY 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

ERNST & YOUNG
PCAOB 42

BANK OF AMERICA N.A.
LEI LEI ID 9DJT3UXIJIZJI

HOVEY CAPITAL PARTNERS LLC
CRD 326512 · SEC 8-71105

MORGAN STANLEY
CRD 149777 · SEC 801-70103

Fund details & source

Fund ID: 805-6313871311
Reported beneficial owners: 75
Minimum commitment: $0
Form D file number: 021-546271

Form ADV 2099446 · Apr 29, 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.

MAKARORA REAL ESTATE SPECIAL SITUATIONS FUND I-C LPReal Estate Fund · Last reported Apr 29, 2026$190MGross asset value

Form D fundraising filings

Makarora Real Estate Special Situations Fund I-C LP

Fund administrator SEI GLOBAL SERVICES INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

Marketer ALVINE CAPITAL AB (ACAB) LONDON, United Kingdom Related to adviser: No

Marketer ALVINE CAPITAL MANAGEMENT LIMITED LONDON, United Kingdom Related to adviser: No

Marketer HOVEY CAPITAL PARTNERS CANADA INC. TORONTO, Canada Related to adviser: No

Marketer HOVEY CAPITAL PARTNERS LLC BOCA RATON, Florida, United States Related to adviser: No

Marketer MORGAN STANLEY NEW YORK, New York, United States Related to adviser: No

Marketer PAVILION PRIVATE EQUITY CO, LTD. SEOUL, Korea, South Related to adviser: No

Marketer TENEO PARTNERS JAPAN LIMITED TOKYO, Japan Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

BANK OF AMERICA N.A.
LEI LEI ID 9DJT3UXIJIZJI

HOVEY CAPITAL PARTNERS LLC
CRD 326512 · SEC 8-71105

MORGAN STANLEY
CRD 149777 · SEC 801-70103

Fund details & source

Fund ID: 805-1078234573
Reported beneficial owners: 12
Minimum commitment: $0
Form D file number: 021-546277

Form ADV 2099446 · Apr 29, 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.

MAKARORA REAL ESTATE SPECIAL SITUATIONS FUND I-B LPReal Estate Fund · Last reported Apr 29, 2026$148MGross asset value

Form D fundraising filings

Makarora Real Estate Special Situations Fund I-B LP

Fund administrator SEI GLOBAL SERVICES INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NEW YORK, New York, United States

Custodian BANK OF AMERICA N.A. NEW YORK, New York, United States Related to adviser: No

Marketer ALVINE CAPITAL AB (ACAB) LONDON, United Kingdom Related to adviser: No

Marketer ALVINE CAPITAL MANAGEMENT LIMITED LONDON, United Kingdom Related to adviser: No

Marketer HOVEY CAPITAL PARTNERS CANADA INC. TORONTO, Canada Related to adviser: No

Marketer HOVEY CAPITAL PARTNERS LLC BOCA RATON, Florida, United States Related to adviser: No

Marketer MORGAN STANLEY NEW YORK, New York, United States Related to adviser: No

Marketer TENEO PARTNERS JAPAN LIMITED TOKYO, Japan Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

BANK OF AMERICA N.A.
LEI LEI ID 9DJT3UXIJIZJI

HOVEY CAPITAL PARTNERS LLC
CRD 326512 · SEC 8-71105

MORGAN STANLEY
CRD 149777 · SEC 801-70103

Fund details & source

Fund ID: 805-7602262010
Reported beneficial owners: 36
Minimum commitment: $0
Form D file number: 021-546275

Form ADV 2099446 · Apr 29, 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: Apr 29, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

60 CHARLTON STREET, 6TH FLOOR
NEW YORK, NY, 10014, United States

CRD 329275

Filing source

Form ADV 2099446 · Apr 29, 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.