Investment adviser · CRD 127304

SHEPHERD KAPLAN KROCHUK, LLC

Investment adviser filing (IA)

BOSTON, MA, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $10.9B
Client accounts: 1,405
Employees: 34
Advisory professionals: 15

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
Retirement plans	18	$7,388,087,900	67.9%
High-net-worth individuals	83	$1,571,253,477	14.4%
Pooled investment vehicles	16	$1,193,390,038	11.0%
Corporations & businesses	68	$546,237,693	5.0%
Charities	22	$183,494,598	1.7%
Individuals	6	$1,751,959	0.0%

Filing source

Form ADV 2069564 · Mar 31, 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.

SKK VENTURES QP, LLC SERIES CT0Venture Capital Fund · Last reported Mar 31, 2026$220MGross asset value

Form D fundraising filings

SKK VENTURES QP, LLC

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Marketer PCF CAPITAL MARKETS LLC BOSTON, Massachusetts, United States Related to adviser: Yes

Marketer SANDERS MORRIS LLC HOUSTON, Texas, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

PCF CAPITAL MARKETS LLC
CRD 290765 · SEC 8-70040

SANDERS MORRIS LLC
CRD 20580 · SEC 801-66300

Fund details & source

Fund ID: 805-1062427606
Reported beneficial owners: 176
Minimum commitment: $250K
Form D file number: 021-338310

Form ADV 2069564 · Mar 31, 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.

SKK OPPORTUNITY ZONE FUND II, LPReal Estate Fund · Last reported Mar 31, 2026$170MGross asset value

Form D fundraising filings

SKK Opportunity Zone Fund II, LP

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer THE LEADERS GROUP, INC. LITTLETON, Colorado, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

THE LEADERS GROUP, INC.
CRD 37157 · SEC 8-47639

Fund details & source

Fund ID: 805-2732291918
Reported beneficial owners: 49
Minimum commitment: $250K
Form D file number: 021-459564

Form ADV 2069564 · Mar 31, 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.

SKK VENTURES QP, LLC SERIES BD2Venture Capital Fund · Last reported Mar 31, 2026$91MGross asset value

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer MARCH CAPITAL CORP. CHICAGO, Illinois, United States Related to adviser: No

Marketer OLD CITY SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer THE LEADERS GROUP, INC. LITTLETON, Colorado, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

MARCH CAPITAL CORP.
CRD 24142

OLD CITY SECURITIES LLC
CRD 171910 · SEC 8-69488

THE LEADERS GROUP, INC.
CRD 37157 · SEC 8-47639

Fund details & source

Fund ID: 805-2004207206
Reported beneficial owners: 412
Minimum commitment: $250K
Form D file number: 021-338310

Form ADV 2069564 · Mar 31, 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.

SKK VENTURES, LLC SERIES CT0Venture Capital Fund · Last reported Mar 31, 2026$75.5MGross asset value

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Marketer SANDERS MORRIS LLC HOUSTON, Texas, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

SANDERS MORRIS LLC
CRD 20580 · SEC 801-66300

Fund details & source

Fund ID: 805-3021118456
Reported beneficial owners: 51
Minimum commitment: $100K
Form D file number: 021-230250

Form ADV 2069564 · Mar 31, 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.

SKK GLOBALAI INVESTORS QP, LPPrivate Equity Fund · Last reported Mar 31, 2026$65.5MGross asset value

Form D fundraising filings

SKK GlobalAI Investors QP, LP

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer MACARTHUR STRATEGIC CAPITAL, LLC DENVER, Colorado, United States Related to adviser: No

Marketer SANDERS MORRIS LLC HOUSTON, Texas, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

MACARTHUR STRATEGIC CAPITAL, LLC
CRD 315178 · SEC 8-70736

SANDERS MORRIS LLC
CRD 20580 · SEC 801-66300

Fund details & source

Fund ID: 805-3174788043
Reported beneficial owners: 257
Minimum commitment: $250K
Form D file number: 021-562458

Form ADV 2069564 · Mar 31, 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.

SKK-GLOBAL PARTNERS PROPERTY FUND I, LPReal Estate Fund · Last reported Mar 31, 2026$56.6MGross asset value

Form D fundraising filings

SKK-Global Partners Property Fund I, L.P.

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Marketer FINALIS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer KELSON CAPITAL LLC NEW YORK, New York, United States Related to adviser: No

Marketer OLD CITY SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

FINALIS SECURITIES LLC
CRD 305908 · SEC 8-70425

KELSON CAPITAL LLC
CRD 149477 · SEC 8-68147

OLD CITY SECURITIES LLC
CRD 171910 · SEC 8-69488

Fund details & source

Fund ID: 805-9119190396
Reported beneficial owners: 29
Minimum commitment: $500K
Form D file number: 021-424929

Form ADV 2069564 · Mar 31, 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.

SKK VENTURES QP, LLC SERIES CT1Venture Capital Fund · Last reported Mar 31, 2026$43.6MGross asset value

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

Fund details & source

Fund ID: 805-3497569969
Reported beneficial owners: 210
Minimum commitment: $250K
Form D file number: 021-338310

Form ADV 2069564 · Mar 31, 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 31, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Performance-based

Principal office

53 STATE STREET, 23RD FLOOR
BOSTON, MA, 02109-2820, United States

CRD 127304

Filing source

Form ADV 2069564 · Mar 31, 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.