Investment adviser · CRD 169258

MERGANSER CAPITAL MANAGEMENT, LLC

Investment adviser filing (IA)

BOSTON, MA, United States · Form ADV filed Mar 30, 2026

Regulatory AUM: $17.7B
Client accounts: 125
Employees: 32
Advisory professionals: 11

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
Corporations & businesses	83	$10,613,247,000	60.1%
Government entities	7	$2,642,195,000	15.0%
Retirement plans	11	$2,315,412,000	13.1%
Investment companies	2	$611,665,000	3.5%
Pooled investment vehicles	4	$534,283,000	3.0%
Other clients	7	$475,513,000	2.7%
Insurance companies	10	$444,691,000	2.5%
High-net-worth individuals	Fewer than 5	$24,267,000	0.1%

Filing source

Form ADV 2050597 · Mar 30, 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

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.

MERGANSER SHORT TERM BOND FUND LLCOther Private Fund · Last reported Mar 30, 2026$240MGross asset value

Form D fundraising filings

MERGANSER SHORT TERM BOND FUND LLC

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

WOLF & COMPANY
PCAOB 392

Fund details & source

Fund ID: 805-9413929974
Reported beneficial owners: 14
Minimum commitment: $1M
Form D file number: 021-63595

Form ADV 2050597 · Mar 30, 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.

MERGANSER CORE BOND FUND IIOther Private Fund · Last reported Mar 30, 2026$171MGross asset value

Form D fundraising filings

Merganser Core Bond Fund II LLC

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

WOLF & COMPANY
PCAOB 392

Fund details & source

Fund ID: 805-1669400191
Reported beneficial owners: 11
Minimum commitment: $5M
Form D file number: 021-280949

Form ADV 2050597 · Mar 30, 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.

MERGANSER FLOATING RATE BOND FUND LLCOther Private Fund · Last reported Mar 30, 2026$71.5MGross asset value

Form D fundraising filings

Merganser Floating Rate Bond Fund LLC

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

WOLF & COMPANY
PCAOB 392

Fund details & source

Fund ID: 805-7009106257
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-212380

Form ADV 2050597 · Mar 30, 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.

MERGANSER SHORT INCOME FUND, LLCOther Private Fund · Last reported Mar 30, 2026$52.8MGross asset value

Form D fundraising filings

Merganser Short Income Fund LLC

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

WOLF & COMPANY
PCAOB 392

Fund details & source

Fund ID: 805-5786947984
Reported beneficial owners: 3
Minimum commitment: $5M
Form D file number: 021-356034

Form ADV 2050597 · Mar 30, 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.

MERGANSER CORE PLUS BOND FUND LLCOther Private Fund · Last reported Jan 5, 2022$22.5MGross asset value

Form D fundraising filings

MERGANSER CORE PLUS BOND FUND LLC

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

WOLF & COMPANY
PCAOB 392

Fund details & source

Fund ID: 805-8886263349
Reported beneficial owners: 24
Minimum commitment: $250K
Form D file number: 021-49137

Form ADV 1587921 · Jan 5, 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.

MERGANSER INTERMEDIATE TERM BOND FUND II LLCOther Private Fund · Last reported Dec 18, 2024$6.17MGross asset value

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

WOLF & COMPANY
PCAOB 392

Fund details & source

Fund ID: 805-8184448988
Reported beneficial owners: 2
Minimum commitment: $5M
Form D file number: 021-63595

Form ADV 1920129 · Dec 18, 2024 · 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.

MERGANSER CORE BOND FUND LLCOther Private Fund · Last reported Jul 10, 2014$3.98MGross asset value

Form D fundraising filings

Merganser Core Bond Fund LLC

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor WOLF & COMPANY BOSTON, Massachusetts, United States

Custodian BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

Fund details & source

Fund ID: 805-5979796051
Reported beneficial owners: 1
Minimum commitment: $5M
Form D file number: 021-192335

Form ADV 834071 · Jul 10, 2014 · 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 30, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets

Principal office

99 HIGH STREET
BOSTON, MA, 02110-2320, United States

CRD 169258

Filing source

Form ADV 2050597 · Mar 30, 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.