MINERVA ADVISORS LLC – investment adviser, $321M regulatory AUM (Form ADV)

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	2	$234,178,808	72.9%
High-net-worth individuals	5	$86,856,630	27.1%

Filing source

Form ADV 2062782 · Mar 27, 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

2 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.

MINERVA GROUP LPHedge Fund · Last reported Mar 27, 2026$181MGross asset value

Form D fundraising filings

MINERVA GROUP L P

Fund administrator STRATEGIC FUND SERVICES ISELIN, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER NEW YORK, New York, United States

Custodian CALDWELL SUTTER CAPITAL, INC. SAUSALITO, California, United States Related to adviser: No

Custodian JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker JEFFERIES LLC NEW YORK, New York, United States

Provider details

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

EISNERAMPER
PCAOB 274

CALDWELL SUTTER CAPITAL, INC.
SEC 8-27639

JEFFERIES LLC
SEC 8-15074

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source

Fund ID: 805-6849073050
Reported beneficial owners: 58
Minimum commitment: $250K
Form D file number: 021-358972

Form ADV 2062782 · Mar 27, 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.

MINERVA 1894 L.P.Other Private Fund · Last reported Mar 27, 2026$53MGross asset value

Form D fundraising filings

Minerva 1894, L.P.

Fund administrator STRATEGIC FUND SERVICES ISELIN, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER NEW YORK, New York, United States

Custodian JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker JEFFERIES LLC NEW YORK, New York, United States

Provider details

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

EISNERAMPER
PCAOB 274

JEFFERIES LLC
SEC 8-15074

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source

Fund ID: 805-9522351167
Reported beneficial owners: 30
Minimum commitment: $300K
Form D file number: 021-437040

Form ADV 2062782 · Mar 27, 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 27, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

50 MONUMENT ROAD SUITE 201
BALA CYNWYD, PA, 19004, United States

CRD 161408

Filing source

Form ADV 2062782 · Mar 27, 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.