Investment adviser · CRD 164728

STAR MOUNTAIN FUND MANAGEMENT, LLC

Investment adviser filing (IA)

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

Regulatory AUM: $4.18B
Client accounts: 34
Employees: 121
Advisory professionals: 22

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	29	$3,535,851,218	84.7%
Business development companies	1	$387,148,753	9.3%
Corporations & businesses	Fewer than 5	$253,000,000	6.1%

Filing source

Form ADV 2079380 · 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

26 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.

STAR MOUNTAIN STRATEGIC CREDIT INCOME FUND IV, LPPrivate Equity Fund · Last reported Mar 31, 2026$1.09BGross asset value

Form D fundraising filings

Star Mountain Strategic Credit Income Fund IV, LP

Feeder funds

STAR MOUNTAIN STRATEGIC CREDIT INCOME FUND IV (OFFSHORE), LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian EAST WEST BANK PASADENA, California, 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

ERNST & YOUNG
PCAOB 5690

Fund details & source

Fund ID: 805-9943002345
Reported beneficial owners: 562
Minimum commitment: $0
Form D file number: 021-422122

Form ADV 2079380 · 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.

STAR MOUNTAIN DIVERSIFIED CREDIT INCOME FUND III, LPPrivate Equity Fund · Last reported Mar 31, 2026$457MGross asset value

Form D fundraising filings

Star Mountain Diversified Credit Income Fund III, LP

Feeder funds

STAR MOUNTAIN DIVERSIFIED CREDIT INCOME FUND III (OFFSHORE), LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NASSAU, Bahamas, The

Custodian EAST WEST BANK PASADENA, California, 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

ERNST & YOUNG LLP
PCAOB 5690

Fund details & source

Fund ID: 805-5420618352
Reported beneficial owners: 524
Minimum commitment: $100K
Form D file number: 021-323141
Form D file number: 021-323142

Form ADV 2079380 · 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.

STAR MOUNTAIN SBIC FUND, LPPrivate Equity Fund · Last reported Mar 31, 2026$331MGross asset value

Form D fundraising filings

Star Mountain SBIC Fund, LP

Fund administrator PEF SERVICES, LLC WEST ORANGE, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian EAST WEST BANK PASADENA, California, 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

ERNST & YOUNG
PCAOB 5690

Fund details & source

Fund ID: 805-6126983932
Reported beneficial owners: 111
Minimum commitment: $100K
Form D file number: 021-376702

Form ADV 2079380 · 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.

STAR MOUNTAIN U.S. LOWER MIDDLE-MARKET SECONDARY FUND II, LPPrivate Equity Fund · Last reported Mar 31, 2026$211MGross asset value

Form D fundraising filings

Star Mountain U.S. Lower Middle-Market Secondary Fund II, LP

Feeder funds

STAR MOUNTAIN U.S. LOWER MIDDLE-MARKET SECONDARY FUND II (OFFSHORE), LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian CUSTOMERS BANK MALVERN, Pennsylvania, 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

ERNST & YOUNG
PCAOB 5690

Fund details & source

Fund ID: 805-8750612349
Reported beneficial owners: 169
Minimum commitment: $0
Form D file number: 021-409126

Form ADV 2079380 · 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.

STAR MOUNTAIN STRATEGIC CREDIT INCOME FUND V, LPPrivate Equity Fund · Last reported Mar 31, 2026$134MGross asset value

Form D fundraising filings

Star Mountain Strategic Credit Income Fund V, LP

Feeder funds

STAR MOUNTAIN STRATEGIC CREDIT INCOME FUND V (OFFSHORE), LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian EAST WEST BANK PASADENDA, California, United States Related to adviser: No

Marketer ALPHASOURCE CAPITAL SECURITIES LLC EAST QUOGUE, New York, United States Related to adviser: No

Marketer BLACK ISLE CAPITAL PARTNERS LONDON, United Kingdom Related to adviser: No

Marketer INVESTMENT ASSOCIATES AG ZURICH, Switzerland Related to adviser: No

Marketer ORPHEUS PARTNERS LONDON, United Kingdom Related to adviser: No

Marketer STAR MOUNTAIN ADVISORS, LLC NEW YORK, New York, United States Related to adviser: Yes

Marketer TRAJECTOIRE CAPITAL GROUP SA NEW YORK, New York, United States Related to adviser: No

Marketer WAVECREST SECURITIES LLC 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: Yes

ERNST & YOUNG
PCAOB 5690

ALPHASOURCE CAPITAL SECURITIES LLC
CRD 145875 · SEC 8-67759

STAR MOUNTAIN ADVISORS, LLC
CRD 153505 · SEC 8-68541

WAVECREST SECURITIES LLC
CRD 160135 · SEC 8-69029

Fund details & source

Fund ID: 805-4848275700
Reported beneficial owners: 200
Minimum commitment: $100K
Form D file number: 021-500869

Form ADV 2079380 · 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.

STAR MOUNTAIN - PA SMALL BUSINESS CO-INVESTMENT PLATFORM, LPPrivate Equity Fund · Last reported Mar 31, 2026$124MGross asset value

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian EAST WEST BANK PASADENA, California, 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

ERNST & YOUNG
PCAOB 5690

Fund details & source

Fund ID: 805-3183205828
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 2079380 · 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.

STAR MOUNTAIN DIVERSIFIED SMALL BUSINESS ACCESS FUND II, LPPrivate Equity Fund · Last reported Mar 31, 2026$99.7MGross asset value

Form D fundraising filings

Star Mountain Diversified Small Business Access Fund II, LP

Feeder funds

STAR MOUNTAIN DIVERSIFIED SMALL BUSINESS ACCESS FUND II (OFFSHORE), LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NASSAU, Bahamas, The

Custodian CUSTOMERS BANK MALVERN, Pennsylvania, 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

ERNST & YOUNG
PCAOB 5690

Fund details & source

Fund ID: 805-9398937442
Reported beneficial owners: 153
Minimum commitment: $250K
Form D file number: 021-240395
Form D file number: 021-265452

Form ADV 2079380 · 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

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

140 EAST 45TH STREET, SUITE 30-A
NEW YORK, NY, 10017, United States

CRD 164728

Filing source

Form ADV 2079380 · 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.