Investment adviser · CRD 107269

PPM AMERICA INC

Investment adviser filing (IA)

PPM AMERICA, INC.

CHICAGO, IL, United States · Form ADV filed May 29, 2026

Regulatory AUM: $93.8B
Client accounts: 67
Employees: 217
Advisory professionals: 117

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
Insurance companies	15	$74,113,656,884	79.0%
Pooled investment vehicles	26	$11,737,530,142	12.5%
Other investment advisers	Fewer than 5	$4,420,773,004	4.7%
Investment companies	1	$3,435,474,032	3.7%
Retirement plans	Fewer than 5	$52,455,032	0.1%
Corporations & businesses	Fewer than 5	$32,181,639	0.0%
High-net-worth individuals	Fewer than 5	$1,541,700	0.0%

Filing source

Form ADV 2109723 · May 29, 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

18 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.

PPM AMERICA PRIVATE EQUITY FUND III LPPrivate Equity Fund · Last reported May 29, 2026$52.3MGross asset value

Auditor KPMG LLP CHICAGO, Illinois, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Provider details

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

KPMG LLP
PCAOB 185

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

Fund details & source

Fund ID: 805-5534076465
Reported beneficial owners: 9
Minimum commitment: $543K

Form ADV 2109723 · May 29, 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.

PPM CORE FIXED INCOME FUNDOther Private Fund · Last reported May 29, 2026$39.2MGross asset value

Form D fundraising filings

PPM Core Fixed Income Fund

Fund administrator GLOBAL TRUST COMPANY WOBURN, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian STATE STREET BANK & TRUST COMPANY BOSTON, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

STATE STREET BANK & TRUST COMPANY
LEI 571474TGEMMWANRLN572

Fund details & source

Fund ID: 805-3701479272
Reported beneficial owners: 1
Minimum commitment: $5M
Form D file number: 021-566334

Form ADV 2109723 · May 29, 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.

PPM OV INVESTMENTS LLCPrivate Equity Fund · Last reported May 29, 2026$32.1MGross asset value

Fund administrator CITCO FUND SERVICES (USA) INC. JERSEY CITY, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, 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

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

Fund details & source

Fund ID: 805-2558400825
Reported beneficial owners: 1
Minimum commitment: $32.2M

Form ADV 2109723 · May 29, 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.

PPM AMERICA PRIVATE EQUITY FUND V LPPrivate Equity Fund · Last reported May 29, 2026$11.5MGross asset value

Form D fundraising filings

PPM AMERICA PRIVATE EQUITY FUND V LP

Auditor KPMG LLP CHICAGO, Illinois, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Provider details

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

KPMG LLP
PCAOB 185

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

Fund details & source

Fund ID: 805-7203190431
Reported beneficial owners: 9
Minimum commitment: $262K
Form D file number: 021-211563

Form ADV 2109723 · May 29, 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.

PPM AMERICA PRIVATE EQUITY FUND LPPrivate Equity Fund · Last reported Jun 4, 2018$107MGross asset value

Auditor KPMG LLC CHICAGO, Illinois, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Provider details

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

KPMG LLC
PCAOB 185

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

Fund details & source

Fund ID: 805-5192633612
Reported beneficial owners: 2
Minimum commitment: $300M

Form ADV 1222224 · Jun 4, 2018 · 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.

PPM AMERICA PRIVATE EQUITY FUND II LPPrivate Equity Fund · Last reported Jun 4, 2018$18.4MGross asset value

Auditor KPMG LLP CHICAGO, Illinois, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Provider details

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

KPMG LLP
PCAOB 185

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

Fund details & source

Fund ID: 805-6021426129
Reported beneficial owners: 2
Minimum commitment: $187M

Form ADV 1222224 · Jun 4, 2018 · 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.

SERVES 2004-1 LTDOther Private Fund · Last reported May 1, 2013$17.4MGross asset value

Fund administrator BANK OF AMERICA, N.A. (TOTAL RETURN SWAP PROVIDER) CHARLOTTE, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON 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: 805-5905087217
Reported beneficial owners: 5
Minimum commitment: $200K

Form ADV 735021 · May 1, 2013 · 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: May 29, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

225 WEST WACKER DRIVE, SUITE 1200
CHICAGO, IL, 60606, United States

CRD 107269

Filing source

Form ADV 2109723 · May 29, 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.