Investment adviser · CRD 311659

SHINE CAPITAL

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

SHINE CAPITAL, LLC

NEW YORK, NY, United States · Form ADV filed Mar 31, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

7 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.

SHINE CAPITAL II, L.P.Venture Capital Fund · Last reported Mar 31, 2026$216MGross asset value

Form D fundraising filings

Shine Capital II, L.P.

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

Auditor BDO USA LLP PHILADELPHIA, Pennsylvania, United States

Custodian ANCHORAGE DIGITAL BANK NATIONAL ASSOCIATION SAN FRANCISCO, California, United States Related to adviser: No

Custodian CITIZENS FINANCIAL GROUP, INC. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian JPMORGAN CHASE & CO NEW YORK, New York, 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

ANCHORAGE DIGITAL BANK NATIONAL ASSOCIATION
LEI 549300JJSDEHXA1AKJ69

CITIZENS FINANCIAL GROUP, INC.
LEI DRMSV1Q0EKMEXLAU1P80

JPMORGAN CHASE & CO
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-4717212674
Reported beneficial owners: 121
Minimum commitment: $0
Form D file number: 021-434072

Form ADV 2052680 · 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.

SHINE CAPITAL III, L.P.Venture Capital Fund · Last reported Mar 31, 2026$169MGross asset value

Form D fundraising filings

Shine Capital III, L.P.

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

Auditor BDO USA LLP PHILADELPHIA, Pennsylvania, United States

Custodian CITIZENS FINANCIAL GROUP, INC. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian JP MORGAN CHASE & CO NEW YORK, New York, 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

CITIZENS FINANCIAL GROUP, INC.
LEI DRMSV1Q0EKMEXLAU1P80

JP MORGAN CHASE & CO
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-2474734666
Reported beneficial owners: 22
Minimum commitment: $100K
Form D file number: 021-539688

Form ADV 2052680 · 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.

SHINE CAPITAL I L.P.Venture Capital Fund · Last reported Mar 31, 2026$100MGross asset value

Form D fundraising filings

Shine Capital I, L.P.

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

Auditor BDO USA LLP PHILADELPHIA, Pennsylvania, United States

Custodian CITIZENS FINANCIAL GROUP, INC. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian COINBASE GLOBAL INC. SAN FRANCISCO, California, United States Related to adviser: No

Custodian JPMORGAN CHASE & CO NEW YORK, New York, 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

CITIZENS FINANCIAL GROUP, INC.
LEI DRMSV1Q0EKMEXLAU1P80

COINBASE GLOBAL INC.
LEI 549300QHD76EP6ZKTT48

JPMORGAN CHASE & CO
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-7416227016
Reported beneficial owners: 71
Minimum commitment: $20K
Form D file number: 021-376073

Form ADV 2052680 · 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.

SHINE CAPITAL OPPORTUNITIES FUND I, L.P.Venture Capital Fund · Last reported Mar 31, 2026$96.9MGross asset value

Form D fundraising filings

Shine Capital Opportunities Fund I, L.P.

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

Auditor BDO USA LLP PHILADELPHIA, Pennsylvania, United States

Custodian CITIZENS FINANCIAL GROUP, INC PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian JPMORGAN CHASE & CO NEW YORK, New York, 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

CITIZENS FINANCIAL GROUP, INC
LEI DRMSV1Q0EKMEXLAU1P80

JPMORGAN CHASE & CO
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-2320152934
Reported beneficial owners: 121
Minimum commitment: $0
Form D file number: 021-434077

Form ADV 2052680 · 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.

SHINE CAPITAL ADVISOR FUND I, L.P.Venture Capital Fund · Last reported Mar 31, 2026$15.7MGross asset value

Form D fundraising filings

Shine Capital Advisor Fund I, L.P.

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

Auditor BDO USA LLP PHILADELPHIA, Pennsylvania, United States

Custodian CITIZENS FINANCIAL GROUP, INC. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian COINBASE GLOBAL INC. SAN FRANCISCO, California, United States Related to adviser: No

Custodian JPMORGAN CHASE & CO. NEW YORK, New York, 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

CITIZENS FINANCIAL GROUP, INC.
LEI DRMSV1Q0EKMEXLAU1P80

COINBASE GLOBAL INC.
LEI 549300QHD76EP6ZKTT48

JPMORGAN CHASE & CO.
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-4749497400
Reported beneficial owners: 39
Minimum commitment: $25K
Form D file number: 021-376076

Form ADV 2052680 · 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.

SHINE CAPITAL ADVISOR FUND II, L.P.Venture Capital Fund · Last reported Mar 31, 2026$958KGross asset value

Form D fundraising filings

Shine Capital Advisor Fund II, L.P.

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

Custodian ANCHORAGE DIGITAL BANK NATIONAL ASSOCIATION SAN FRANCISCO, California, United States Related to adviser: No

Custodian CITIZENS FINANCIAL GROUP, INC. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian JPMORGAN CHASE & CO 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

ANCHORAGE DIGITAL BANK NATIONAL ASSOCIATION
LEI 549300JJSDEHXA1AKJ69

CITIZENS FINANCIAL GROUP, INC.
LEI DRMSV1Q0EKMEXLAU1P80

JPMORGAN CHASE & CO
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-8273062725
Reported beneficial owners: 17
Minimum commitment: $0
Form D file number: 021-447350

Form ADV 2052680 · 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.

SHINE CAPITAL OPPORTUNITIES ADVISOR FUND I, L.P.Venture Capital Fund · Last reported Mar 31, 2026$440KGross asset value

Form D fundraising filings

Shine Capital Opportunities Advisor Fund I, L.P.

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

Custodian CITIZENS FINANCIAL GROUP, INC. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian JPMORGAN CHASE & CO 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

CITIZENS FINANCIAL GROUP, INC.
LEI DRMSV1Q0EKMEXLAU1P80

JPMORGAN CHASE & CO
LEI 8I5DZWZKVSZI1NUHU748

Fund details & source

Fund ID: 805-8350441407
Reported beneficial owners: 17
Minimum commitment: $0
Form D file number: 021-447354

Form ADV 2052680 · 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

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

100 CROSBY STREET, SUITE 404
NEW YORK, NY, 10012, United States

CRD 311659

Filing source

Form ADV 2052680 · 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.