Investment adviser · CRD 162629

SIGHTLINE PARTNERS LLC

Investment adviser filing (IA)

BLOOMINGTON, MN, United States · Form ADV filed Jun 18, 2026

Regulatory AUM
$643M
Form ADV · Item 5.F
Client accounts
9
Accounts, not individual clients
Employees
7
Reported in this filing
Advisory professionals
5
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 vehicles9$642,835,139100.0%
Filing source

Form ADV 2114184 · Jun 18, 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

17 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.

10K LAKES FUND IV LPPrivate Equity Fund · Last reported Jun 18, 2026$276MGross asset value
Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-3126991700
Reported beneficial owners
3
Minimum commitment
$33.9M
Form D file number
021-407185

Form ADV 2114184 · Jun 18, 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.

10K LAKES FUND V LPPrivate Equity Fund · Last reported Jun 18, 2026$231MGross asset value

Form D fundraising filings

10K Lakes Fund V, L.P.

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-1138366358
Reported beneficial owners
3
Minimum commitment
$29.2M
Form D file number
021-548402

Form ADV 2114184 · Jun 18, 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.

10K LAKES FUND III LPPrivate Equity Fund · Last reported Jun 18, 2026$57.1MGross asset value

Form D fundraising filings

10K Lakes Fund III, L.P.

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian BNY MELLON SECURITIES CORPORATION NEW YORK, New York, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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

BNY MELLON SECURITIES CORPORATION
SEC 8-13801

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-1771545056
Reported beneficial owners
3
Minimum commitment
$23M
Form D file number
021-507714

Form ADV 2114184 · Jun 18, 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.

10K LAKES FUND II LPPrivate Equity Fund · Last reported Jun 18, 2026$37.6MGross asset value

Form D fundraising filings

10K Lakes Fund II LP

Auditor BDO USA, P.C. MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian BNY MELLON SECURITIES CORPORATION NEW YORK, New York, United States Related to adviser: No
Custodian CARTA PALO ALTO, California, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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

BDO USA, P.C.
PCAOB 243

BNY MELLON SECURITIES CORPORATION
SEC 8-13801

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-6979063997
Reported beneficial owners
5
Minimum commitment
$2.14M
Form D file number
021-407185

Form ADV 2114184 · Jun 18, 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.

10K LAKES FUND I LPPrivate Equity Fund · Last reported Jun 18, 2026$20.8MGross asset value

Form D fundraising filings

10K Lakes Fund I LP

Auditor BDO USA, P.C. MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian BNY MELLON SECURITIES CORPORATION NEW YORK, New York, United States Related to adviser: No
Custodian CARTA PALO ALTO, California, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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

BDO USA, P.C.
PCAOB 243

BNY MELLON SECURITIES CORPORATION
SEC 8-13801

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-8847572583
Reported beneficial owners
2
Minimum commitment
$25.2M
Form D file number
021-357590

Form ADV 2114184 · Jun 18, 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.

SIGHTLINE HEALTHCARE OPPORTUNITY FUND II-B, LPPrivate Equity Fund · Last reported Jun 18, 2026$8.71MGross asset value
Fund administrator IPS FUND SERVICES INC / ALTERDOMUS BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian BNY MELLON SECURITIES CORPORATION NEW YORK, New York, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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, P.C.
PCAOB 243

BNY MELLON SECURITIES CORPORATION
SEC 8-13801

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-9043025296
Reported beneficial owners
50
Minimum commitment
$100K
Form D file number
021-17615601

Form ADV 2114184 · Jun 18, 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.

SIGHTLINE HEALTHCARE OPPORTUNITY FUND II, LPPrivate Equity Fund · Last reported Jun 18, 2026$8.31MGross asset value
Fund administrator IPS FUND SERVICES INC / ALTERDOMUS BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. MINNEAPOLIS, Minnesota, United States
Custodian BMO HARRIS BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Custodian PIPER SANDLER & CO. MINNEAPOLIS, Minnesota, 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, P.C.
PCAOB 243

PIPER SANDLER & CO.
SEC 8-15204

Fund details & source
Fund ID
805-5413040318
Reported beneficial owners
13
Minimum commitment
$250K
Form D file number
021-176156

Form ADV 2114184 · Jun 18, 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: Jun 18, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

7801 E. BUSH LAKE ROAD, SUITE 210
BLOOMINGTON, MN, 55439, United States

CRD 162629

Filing source

Form ADV 2114184 · Jun 18, 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.