Investment adviser · CRD 304859

PARTICIPANT CAPITAL

Investment adviser filing (IA)

PARTICIPANT CAPITAL ADVISORS, LLC

MIAMI, FL, United States · Form ADV filed Mar 24, 2026

Regulatory AUM: $166M
Client accounts: 6
Employees: 9
Advisory professionals: 2

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	6	$166,142,240	100.0%

Filing source

Form ADV 2041867 · Mar 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

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.

PARTICIPANT CAPITAL GROWTH MASTER FUND, LPReal Estate Fund · Last reported Mar 24, 2026$149MGross asset value

Feeder funds

PARTICIPANT CAPITAL GROWTH FUND, LP
PARTICIPANT RE HOLDINGS, INC.

Fund administrator TRIDENT TRUST COMPANY (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KAUFMAN, ROSSIN & CO., A PROFESSIONAL ASSOCIATION MIAMI, Florida, United States

Custodian BANK OZK LITTLE ROCK, Arkansas, United States Related to adviser: No

Custodian FUNDBANK F/K/A DMS BANK AND TRUST GRAND CAYMAN, Cayman Islands Related to adviser: No

Marketer ACP SECURITIES, LLC MIAMI, Florida, United States Related to adviser: No

Marketer CHIPNEY COMPANY, LTD TORTOLA, British Virgin Islands Related to adviser: No

Marketer EL DORADO INVESTMENT SAC LIMA, Peru Related to adviser: No

Marketer GLOBAL CAPITAL PERU SAN ISIDRO LIMA, Peru Related to adviser: No

Marketer GLOBAL WEALTH MANAGEMENT AGENTE DE VALORES SA MONTEVIDEO, Uruguay Related to adviser: No

Marketer GRUPO PROMOTORA DE VIVIENDA PARA MEXICO MEXICO CITY, Mexico Related to adviser: No

Marketer INSIGHT SECURITIES, INC. HIGHLAND PARK, Illinois, United States Related to adviser: No

Marketer LATIN SECURITIES S.A AGENTE DE VALORES MONTEVIDEO, Uruguay Related to adviser: No

Marketer MARIVA CAPITAL MARKETS, LLC MIAMI, Florida, United States Related to adviser: No

Marketer MOLYGER S.A. MONTEVIDEO, Uruguay Related to adviser: No

Marketer MONEX SECURITIES, INC. HOUSTON, Texas, United States Related to adviser: No

Marketer OXFORD ADVISORS LTD TORTOLA, British Virgin Islands Related to adviser: No

Marketer PARADIGM PARTNERS INTERNATIONAL LTD TORTOLA, British Virgin Islands Related to adviser: No

Marketer PRO CAPITAL L.L.C. NEW YORK, New York, United States Related to adviser: No

Marketer QUEST ADVISORS, INC. RALEIGH, North Carolina, United States Related to adviser: No

Marketer TIGRESS FINANCIAL PARTNERS LLC NEW YORK, New York, United States Related to adviser: No

Marketer VECTORGLOBAL IAG, INC. MIAMI, Florida, 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

KAUFMAN, ROSSIN & CO., A PROFESSIONAL ASSOCIATION
PCAOB 137

ACP SECURITIES, LLC
CRD 139049 · SEC 8-67185

INSIGHT SECURITIES, INC.
CRD 5611 · SEC 801-12999

MARIVA CAPITAL MARKETS, LLC
CRD 156171 · SEC 8-68774

MONEX SECURITIES, INC.
CRD 30362 · SEC 8-44874

PRO CAPITAL L.L.C.
CRD 120635 · SEC 8-65328

TIGRESS FINANCIAL PARTNERS LLC
CRD 154717 · SEC 801-112815

VECTORGLOBAL IAG, INC.
CRD 147129 · SEC 801-110128

Fund details & source

Fund ID: 805-7636168075
Reported beneficial owners: 159
Minimum commitment: $50K

Form ADV 2041867 · Mar 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.

PARTICIPANT CAPITAL FUND I, LPReal Estate Fund · Last reported Mar 24, 2026$16.8MGross asset value

Form D fundraising filings

Participant Capital Fund I, LP

Feeder funds

PARTICIPANT CAPITAL FUND I FEEDER, LP
PARTICIPANT FUND I HOLDINGS, INC.

Fund administrator SS&C GLOBEOP BELLEVUE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor KAUFMAN ROSSIN MIAMI, Florida, United States

Custodian BANK OZK LITTLE ROCK, Arkansas, United States Related to adviser: No

Marketer AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC. HOLBROOK, New York, United States Related to adviser: No

Marketer BCG SECURITIES, INC. CHERRY HILL, New Jersey, United States Related to adviser: No

Marketer CALTON & ASSOCIATES, INC. TAMPA, Florida, United States Related to adviser: No

Marketer NEWBRIDGE SECURITIES CORPORATION BOCA RATON, Florida, United States Related to adviser: No

Marketer STRATEGIC WEALTH MANAGEMENT GROUP NEW YORK, New York, United States Related to adviser: No

Marketer TIGRESS FINANCIAL PARTNERS LLC NEW YORK, New York, United States Related to adviser: No

Marketer VECTORGLOBAL WMG MIAMI, Florida, 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

KAUFMAN ROSSIN
PCAOB 137

AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC.
CRD 18487 · SEC 8-37085

BCG SECURITIES, INC.
CRD 70 · SEC 801-56943

CALTON & ASSOCIATES, INC.
CRD 20999 · SEC 801-70036

NEWBRIDGE SECURITIES CORPORATION
CRD 104065 · SEC 8-52538

STRATEGIC WEALTH MANAGEMENT GROUP
CRD 125882 · SEC 801-64228

TIGRESS FINANCIAL PARTNERS LLC
CRD 154717 · SEC 801-112815

VECTORGLOBAL WMG
CRD 32396 · SEC 8-45715

Fund details & source

Fund ID: 805-4972697417
Reported beneficial owners: 131
Minimum commitment: $50K
Form D file number: 021-305966

Form ADV 2041867 · Mar 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.

PARAMOUNT MWC EB-5 LENDER, LLCOther Private Fund · Last reported Oct 17, 2023$93.8MGross asset value

Fund administrator JTC AMERICAS SAN JOSE, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

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

Provider details

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

Fund details & source

Fund ID: 805-8317495646
Reported beneficial owners: 1
Minimum commitment: $500K

Form ADV 1790802 · Oct 17, 2023 · 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.

PARTICIPANT CAPITAL LUXEMBOURG S.C. SP, SICAV-RAIFReal Estate Fund · Last reported Oct 17, 2023$261KGross asset value

Fund administrator APEX FUND SERVICES S.A. GRAND DUCHY, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KPMG LUXEMBOURG S.A. GRAND DUCHY, Luxembourg

Custodian EUROPEAN DEPOSITARY BANK SA ( EDB ) GRAND DUCHY, Luxembourg Related to adviser: No

Provider details

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

KPMG LUXEMBOURG S.A.
PCAOB 2831

Fund details & source

Fund ID: 805-4880018226
Reported beneficial owners: 1
Minimum commitment: $132K

Form ADV 1790802 · Oct 17, 2023 · 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 24, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

333 S.E. SECOND AVENUE, SUITE 3000
MIAMI, FL, 33131, United States

CRD 304859

Filing source

Form ADV 2041867 · Mar 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.