Investment adviser · CRD 105725

SIT INVESTMENT ASSOCIATES, INC

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed Jun 22, 2026

Regulatory AUM: $3.54B
Client accounts: 80
Employees: 73
Advisory professionals: 35

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
Investment companies	14	$1,903,242,392	53.7%
Charities	5	$448,698,289	12.7%
Pooled investment vehicles	8	$341,024,067	9.6%
High-net-worth individuals	17	$214,274,819	6.0%
Retirement plans	Fewer than 5	$211,881,797	6.0%
Insurance companies	Fewer than 5	$188,015,683	5.3%
Corporations & businesses	Fewer than 5	$181,551,043	5.1%
Government entities	Fewer than 5	$54,405,625	1.5%
Individuals	Fewer than 5	$0	0.0%
Banks & thrifts	Fewer than 5	$0	0.0%
Other investment advisers	Fewer than 5	$0	0.0%
Sovereign wealth & foreign institutions	Fewer than 5	$0	0.0%

Filing source

Form ADV 2114464 · Jun 22, 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

12 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.

SIT CAPITAL FUND, L.P.Other Private Fund · Last reported Jun 22, 2026$119MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, 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

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-4173881805
Reported beneficial owners: 13
Minimum commitment: $1M
Form D file number: 021-999999999

Form ADV 2114464 · Jun 22, 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.

SIT GLOBAL FUND, LLCOther Private Fund · Last reported Jun 22, 2026$52.9MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, 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

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-2366164497
Reported beneficial owners: 4
Minimum commitment: $1M
Form D file number: 021-9999999999

Form ADV 2114464 · Jun 22, 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.

SIT SMALL CAP FUND, LLCOther Private Fund · Last reported Jun 22, 2026$20.7MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, 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

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-5954202595
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-9999999999

Form ADV 2114464 · Jun 22, 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.

SIT LARGE CAP FUND, LLCOther Private Fund · Last reported Jun 22, 2026$18.6MGross asset value

Auditor KMPG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, 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

KMPG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-2548220717
Reported beneficial owners: 4
Minimum commitment: $1M
Form D file number: 021-9999999999

Form ADV 2114464 · Jun 22, 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.

SIT PACIFIC BASIN FUND, LLCOther Private Fund · Last reported Jun 22, 2026$15.1MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, 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

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-1242008402
Reported beneficial owners: 6
Minimum commitment: $1M
Form D file number: 021-57643

Form ADV 2114464 · Jun 22, 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.

SIT SMALL CAP FUND II, LLCOther Private Fund · Last reported Jun 22, 2026$5.9MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, 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

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-7461820240
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-9999999999

Form ADV 2114464 · Jun 22, 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.

SIT FUND I, LLCReal Estate Fund · Last reported Jun 22, 2026$2.23MGross asset value

Form D fundraising filings

Sit Fund I, LLC

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian WELLS FARGO BANK MINNESOTA N.A. 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

WELLS FARGO BANK MINNESOTA N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source

Fund ID: 805-8510770224
Reported beneficial owners: 15
Minimum commitment: $30K
Form D file number: 021-428500

Form ADV 2114464 · Jun 22, 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 22, 2026. View historical filings

Reported services

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

Compensation

Percentage of assets

Principal office

3300 IDS CENTER, 80 SOUTH EIGHTH STREET
MINNEAPOLIS, MN, 55402, United States

CRD 105725

Filing source

Form ADV 2114464 · Jun 22, 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.