Investment adviser · CRD 165620

PSC CAPITAL PARTNERS LLC

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed Mar 26, 2026

Regulatory AUM
$241M
Form ADV · Item 5.F
Client accounts
6
Accounts, not individual clients
Employees
19
Reported in this filing
Advisory professionals
7
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles6$240,837,420100.0%
Filing source

Form ADV 2046961 · Mar 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

6 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.

PIPER SANDLER MERCHANT BANKING FUND II, LPPrivate Equity Fund · Last reported Mar 26, 2026$98MGross asset value

Form D fundraising filings

Piper Jaffray Merchant Banking Fund II, L.P.

Auditor ERNST & YOUNG, LLP MINNEAPOLIS, Minnesota, United States
Custodian BELL BANK FARGO, North Dakota, United States Related to adviser: No
Custodian EQUINITI NEWARK, New Jersey, United States Related to adviser: No
Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Custodian US BANK NA CINCINNATI, Ohio, United States Related to adviser: No
Marketer PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

ERNST & YOUNG, LLP
PCAOB 42

BELL BANK
LEI 549300WYBPIWKK6SQC06

PERSHING LLC
SEC 8-17574

US BANK NA
LEI 6BYL5QZYBDK8S7L73M02

PIPER SANDLER & CO.
CRD 665 · SEC 801-108049

Fund details & source
Fund ID
805-5345453193
Reported beneficial owners
82
Minimum commitment
$5M
Form D file number
021-295636

Form ADV 2046961 · Mar 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.

PIPER SANDLER MERCHANT BANKING FUND III, L.P.Private Equity Fund · Last reported Mar 26, 2026$83.1MGross asset value

Form D fundraising filings

Piper Sandler Merchant Banking Fund III, L.P.

Auditor ERNST & YOUNG, LLP MINNEAPOLIS, Minnesota, United States
Custodian BELL BANK FARGO, North Dakota, United States Related to adviser: No
Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Marketer PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

ERNST & YOUNG, LLP
PCAOB 42

BELL BANK
LEI 549300WYBPIWKK6SQC06

PERSHING LLC
SEC 8-17574

PIPER SANDLER & CO.
CRD 665 · SEC 801-108049

Fund details & source
Fund ID
805-8040973921
Reported beneficial owners
37
Minimum commitment
$1M
Form D file number
021-465967

Form ADV 2046961 · Mar 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.

PIPER SANDLER MERCHANT BANKING FUND III EMPLOYEE, L.P.Private Equity Fund · Last reported Mar 26, 2026$35.9MGross asset value

Form D fundraising filings

Piper Sandler Merchant Banking Fund III Employee, L.P.

Auditor ERNST & YOUNG, LLP MINNEAPOLIS, Minnesota, United States
Custodian BELL BANK FARGO, North Dakota, 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

ERNST & YOUNG, LLP
PCAOB 42

BELL BANK
LEI 549300WYBPIWKK6SQC06

Fund details & source
Fund ID
805-3897749339
Reported beneficial owners
67
Minimum commitment
$250K
Form D file number
021-465968

Form ADV 2046961 · Mar 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.

PIPER SANDLER MERCHANT BANKING FUND I, LPPrivate Equity Fund · Last reported Mar 26, 2026$22MGross asset value

Form D fundraising filings

Piper Jaffray Merchant Banking Fund I, L.P.

Auditor ERNST & YOUNG, LLP MINNEAPOLIS, Minnesota, United States
Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Custodian US BANK NA CINCINNATI, Ohio, 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

ERNST & YOUNG, LLP
PCAOB 42

PERSHING LLC
SEC 8-17574

US BANK NA
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source
Fund ID
805-6706209986
Reported beneficial owners
17
Minimum commitment
$3M
Form D file number
021-174490

Form ADV 2046961 · Mar 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.

PJC MERCHANT BANKING PARTNERS III, LLCPrivate Equity Fund · Last reported Mar 26, 2026$1.15MGross asset value

Form D fundraising filings

PJC Merchant Banking Partners III, LLC

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Custodian US BANK NA CINCINNATI, Ohio, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

PERSHING LLC
SEC 8-17574

US BANK NA
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source
Fund ID
805-7499119798
Reported beneficial owners
20
Minimum commitment
$100K
Form D file number
021-174843

Form ADV 2046961 · Mar 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.

PJC MERCHANT BANKING PARTNERS IV, LLCPrivate Equity Fund · Last reported Mar 26, 2026$574KGross asset value

Form D fundraising filings

PJC Merchant Banking Partners IV, LLC

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Custodian US BANK NA CINCINNATI, Ohio, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

PERSHING LLC
SEC 8-17574

US BANK NA
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source
Fund ID
805-9986245411
Reported beneficial owners
20
Minimum commitment
$100K
Form D file number
021-215858

Form ADV 2046961 · Mar 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.

Services & filing details

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

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

350 NORTH 5TH STREET, SUITE 1000
MINNEAPOLIS, MN, 55401, United States

CRD 165620

Filing source

Form ADV 2046961 · Mar 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.