Investment adviser · CRD 157939

RAINE CAPITAL LLC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed May 5, 2026

Regulatory AUM: $2.75B
Client accounts: 47
Employees: 183
Advisory professionals: 106

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	40	$2,738,800,000	99.4%
Corporations & businesses	Fewer than 5	$7,600,000	0.3%
Insurance companies	Fewer than 5	$5,000,000	0.2%
High-net-worth individuals	Fewer than 5	$3,500,000	0.1%

Filing source

Form ADV 2103170 · May 5, 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

50+ 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.

Browse the first 49 funds across 7 pages.

RAINE PARTNERS IV LPPrivate Equity Fund · Last reported May 5, 2026$898MGross asset value

Fund administrator JP MORGAN CHASE BANK NA BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer GENCAP GLOBAL ADVISORS DMCC DUBAI, United Arab Emirates Related to adviser: No

Marketer LAZARD & CO., LIMITED LONDON, United Kingdom Related to adviser: No

Marketer LAZARD FRERES & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Marketer TAG ADVISERS LIMITED LONDON, United Kingdom Related to adviser: No

Marketer TENEO PARTNERS JAPAN LIMITED TOKYO, Japan Related to adviser: No

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

LAZARD FRERES & CO. LLC
CRD 2528 · SEC 8-2595

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-8352234016
Reported beneficial owners: 124
Minimum commitment: $15M
Form D file number: 021-1906625

Form ADV 2103170 · May 5, 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.

RAINE PARTNERS III LPPrivate Equity Fund · Last reported May 5, 2026$763MGross asset value

Form D fundraising filings

Raine Partners III LP

Fund administrator JP MORGAN CHASE BANK NA BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer FB ADVISERS LIMITED LONDON, United Kingdom Related to adviser: No

Marketer GREENSTONE GROUP FZC DUBAI, United Arab Emirates Related to adviser: No

Marketer INNOVATION PARTNERS LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer LAZARD & CO., LIMITED LONDON, United Kingdom Related to adviser: No

Marketer LAZARD FRERES & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

INNOVATION PARTNERS LLC
CRD 146344 · SEC 801-78702

LAZARD FRERES & CO. LLC
CRD 2528 · SEC 8-2595

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-4105002435
Reported beneficial owners: 125
Minimum commitment: $10M
Form D file number: 021-316827

Form ADV 2103170 · May 5, 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.

RAINE PARTNERS IV - AIV 1 LPPrivate Equity Fund · Last reported May 5, 2026$587MGross asset value

Fund administrator JP MORGAN CHASE BANK NA BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-5481722324
Reported beneficial owners: 90
Minimum commitment: $0

Form ADV 2103170 · May 5, 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.

RAINE PARTNERS III - AIV 1 LPPrivate Equity Fund · Last reported May 5, 2026$446MGross asset value

Fund administrator JP MORGAN CHASE BANK NA BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-8433382599
Reported beneficial owners: 80
Minimum commitment: $0

Form ADV 2103170 · May 5, 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.

RAINE PARTNERS II LPPrivate Equity Fund · Last reported May 5, 2026$273MGross asset value

Form D fundraising filings

Raine Partners II LP

Fund administrator JP MORGAN CHASE BANK, N.A. BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer EFP CAPITAL LLP LONDON, United Kingdom Related to adviser: No

Marketer GI CAPITAL MANAGEMENT LTD. TOKYO, Japan Related to adviser: No

Marketer LAZARD & CO., LIMITED LONDON, United Kingdom Related to adviser: No

Marketer LAZARD FRERES & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

LAZARD FRERES & CO. LLC
CRD 2528 · SEC 8-2595

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-5273285038
Reported beneficial owners: 121
Minimum commitment: $10M
Form D file number: 021-210197

Form ADV 2103170 · May 5, 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.

RAINE PARTNERS III - AIV 2 LPPrivate Equity Fund · Last reported May 5, 2026$234MGross asset value

Fund administrator JP MORGAN CHASE BANK NA BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-3278159700
Reported beneficial owners: 44
Minimum commitment: $0

Form ADV 2103170 · May 5, 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.

RAINE GAMING FUND LPPrivate Equity Fund · Last reported May 5, 2026$203MGross asset value

Form D fundraising filings

Raine Gaming Fund LP

Fund administrator JP MORGAN CHASE BANK NA BROOKLYN, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Marketer RAINE SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes

Marketer TENEO PARTNERS JAPAN LIMITED TOKYO, Japan Related to adviser: No

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

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

RAINE SECURITIES LLC
CRD 137873 · SEC 8-67121

Fund details & source

Fund ID: 805-4216032616
Reported beneficial owners: 51
Minimum commitment: $5M
Form D file number: 021-409725

Form ADV 2103170 · May 5, 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: May 5, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

65 EAST 55TH STREET, 24TH FLOOR
NEW YORK, NY, 10022, United States

CRD 157939

Filing source

Form ADV 2103170 · May 5, 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.