Investment adviser · CRD 292362

PLACEHOLDER MANAGEMENT, LLC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Feb 26, 2026

Regulatory AUM: $345M
Client accounts: 3
Employees: 7
Advisory professionals: 5

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	3	$345,428,929	100.0%

Filing source

Form ADV 2059585 · Feb 26, 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.

PLACEHOLDER FUND III, LPPrivate Equity Fund · Last reported Feb 26, 2026$168MGross asset value

Form D fundraising filings

Placeholder Fund III, LP

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP PHILADELPHIA, Pennsylvania, United States

Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No

Custodian FIRST CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

BDO USA, LLP
PCAOB 243

FIRST CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source

Fund ID: 805-6452190508
Reported beneficial owners: 41
Minimum commitment: $0
Form D file number: 021-487383

Form ADV 2059585 · Feb 26, 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.

PLACEHOLDER FUND II, LPPrivate Equity Fund · Last reported Feb 26, 2026$149MGross asset value

Form D fundraising filings

Placeholder Fund II, LP

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP PHILADELPHIA, Pennsylvania, United States

Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No

Custodian FIRST CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

BDO USA, LLP
PCAOB 243

FIRST CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source

Fund ID: 805-2228393704
Reported beneficial owners: 61
Minimum commitment: $0
Form D file number: 021-384107

Form ADV 2059585 · Feb 26, 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.

PLACEHOLDER FUND I, LPPrivate Equity Fund · Last reported Feb 26, 2026$28.8MGross asset value

Form D fundraising filings

Placeholder Fund I, LP

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP PHILADELPHIA, Pennsylvania, United States

Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No

Custodian FIRST CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

BDO USA, LLP
PCAOB 243

FIRST CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source

Fund ID: 805-8032653186
Reported beneficial owners: 45
Minimum commitment: $50K
Form D file number: 021-301476

Form ADV 2059585 · Feb 26, 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.

PLACEHOLDER LONG TERM LPOther Private Fund · Last reported May 2, 2024$56.6MGross asset value

Form D fundraising filings

Placeholder Long Term LP

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLC PHILADELPHIA, Pennsylvania, United States

Custodian FIRST CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

BDO USA, LLC
PCAOB 243

FIRST CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source

Fund ID: 805-9080977818
Reported beneficial owners: 45
Minimum commitment: $250K
Form D file number: 021-404468

Form ADV 1873088 · May 2, 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.

Services & filing details

Most recent filing: Feb 26, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

101 5TH AVE, #601
NEW YORK, NY, 10003, United States

CRD 292362

Filing source

Form ADV 2059585 · Feb 26, 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.