Investment adviser · CRD 159299

P2 CAPITAL PARTNERS, LLC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Apr 1, 2026

Regulatory AUM: $824M
Client accounts: 5
Employees: 14
Advisory professionals: 9

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	5	$824,400,000	100.0%

Filing source

Form ADV 2053329 · Apr 1, 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

13 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.

P2 CAPITAL MASTER FUND I, LPHedge Fund · Last reported Apr 1, 2026$472MGross asset value

Feeder funds

Fund administrator SS&C (USA) INC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG GRAND CAYMAN, Cayman Islands

Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian NORTHBROOK BANK & TRUST CHICAGO, Illinois, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. 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

ERNST & YOUNG
PCAOB 1655

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-3568215639
Reported beneficial owners: 233
Minimum commitment: $5M
Form D file number: 021-100317
Form D file number: 021-107258

Form ADV 2053329 · Apr 1, 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.

P2 CAPITAL MASTER FUND XIII, LPPrivate Equity Fund · Last reported Apr 1, 2026$330MGross asset value

Form D fundraising filings

P2 Capital Master Fund XIII, L.P.

Fund administrator SS&C (USA) INC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian NORTHBROOK BANK & TRUST CHICAGO, Illinois, 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 5690

Fund details & source

Fund ID: 805-2664799882
Reported beneficial owners: 10
Minimum commitment: $0
Form D file number: 021-310498

Form ADV 2053329 · Apr 1, 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.

P2 CAPITAL MASTER FUND XIV, LLCHedge Fund · Last reported Apr 1, 2026$23.3MGross asset value

Form D fundraising filings

P2 Capital Master Fund XIV, L.P.

Fund administrator SS&C (USA) INC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian NORTHBROOK BANK & TRUST CHICAGO, Illinois, 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 5690

Fund details & source

Fund ID: 805-5146526090
Reported beneficial owners: 8
Minimum commitment: $0
Form D file number: 021-530207

Form ADV 2053329 · Apr 1, 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.

P2 CAPITAL MASTER FUND VI, LPHedge Fund · Last reported Mar 31, 2022$346MGross asset value

Fund administrator SS&C (USA) INC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian BANK OF NEW YORK MELLON CORPORATION NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian NORTHBROOK BANK & TRUST CHICAGO, Illinois, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. 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

ERNST & YOUNG
PCAOB 5690

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-9055049010
Reported beneficial owners: 1
Minimum commitment: $250M

Form ADV 1616333 · Mar 31, 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.

P2 CAPITAL MASTER FUND XII, LPHedge Fund · Last reported Mar 30, 2020$279MGross asset value

Fund administrator SS&C (USA) INC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian BANK OF NEW YORK MELLON CORPORATION NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian NORTHBROOK BANK & TRUST CHICAGO, Illinois, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. 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

ERNST & YOUNG
PCAOB 5690

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-5870136240
Reported beneficial owners: 1
Minimum commitment: $200M

Form ADV 1402148 · Mar 30, 2020 · 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.

P2 CAPITAL MASTER FUND VII, LPPrivate Equity Fund · Last reported Mar 31, 2015$230MGross asset value

Form D fundraising filings

P2 Capital Master Fund VII, L.P.

Fund administrator CACEIS (USA) LTD NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian JP MORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, 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

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Fund details & source

Fund ID: 805-7005577453
Reported beneficial owners: 39
Minimum commitment: $5M
Form D file number: 021-184538

Form ADV 898515 · Mar 31, 2015 · 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.

P2 CAPITAL MASTER FUND X, LPPrivate Equity Fund · Last reported Mar 30, 2016$197MGross asset value

Form D fundraising filings

P2 Capital Master Fund X, L.P.

Fund administrator CACEIS (USA) LTD NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Custodian NORTHBROOK BANK & TRUST CHICAGO, Illinois, 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

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Fund details & source

Fund ID: 805-8474183478
Reported beneficial owners: 9
Minimum commitment: $10M
Form D file number: 021-213217

Form ADV 1001684 · Mar 30, 2016 · 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 1, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

590 MADISON AVENUE, 25TH FLOOR
NEW YORK, NY, 10022, United States

CRD 159299

Filing source

Form ADV 2053329 · Apr 1, 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.