Investment adviser · CRD 169695

TERRACAP MANAGEMENT LLC

Investment adviser filing (IA)

NAPLES, FL, United States · Form ADV filed May 1, 2026

Regulatory AUM
$1.44B
Form ADV · Item 5.F
Client accounts
11
Accounts, not individual clients
Employees
21
Reported in this filing
Advisory professionals
13
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 vehicles11$1,439,091,537100.0%
Filing source

Form ADV 2102646 · May 1, 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

11 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.

TERRACAP PARTNERS V (INSTITUTIONAL) LPReal Estate Fund · Last reported May 1, 2026$591MGross asset value

Form D fundraising filings

TerraCap Partners V (Institutional) LP

Feeder funds

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK, LLP BETHESDA, Maryland, United States
Custodian FIRST HORIZON CORPORATION MEMPHIS, Tennessee, 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

COHNREZNICK, LLP
PCAOB 596

FIRST HORIZON CORPORATION
LEI TF3RXI1ZB1TQ30H9JV10

Fund details & source
Fund ID
805-1490631481
Reported beneficial owners
78
Minimum commitment
$1M
Form D file number
021-373210

Form ADV 2102646 · May 1, 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.

TERRACAP PARTNERS IV (INSTITUTIONAL) LPReal Estate Fund · Last reported May 1, 2026$193MGross asset value

Form D fundraising filings

TerraCap Partners IV (Institutional) LP

Feeder funds

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK, LLP BETHESDA, Maryland, United States
Custodian FIRST HORIZON CORPORATION MEMPHIS, Tennessee, United States Related to adviser: No
Custodian SYNOVUS FINANCIAL CORPORATION COLUMBUS, Georgia, 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

COHNREZNICK, LLP
PCAOB 596

FIRST HORIZON CORPORATION
LEI TF3RXI1ZB1TQ30H9JV10

SYNOVUS FINANCIAL CORPORATION
LEI 549300EIUS8UN5JTLE5

Fund details & source
Fund ID
805-6973263694
Reported beneficial owners
45
Minimum commitment
$1M
Form D file number
021-278419

Form ADV 2102646 · May 1, 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.

TERRACAP PARTNERS VI (INSTITUTIONAL) LPReal Estate Fund · Last reported May 1, 2026$141MGross asset value

Form D fundraising filings

TerraCap Partners VI (Institutional) LP

Feeder funds

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK, LLP BETHSDA, Delaware, United States
Custodian FIRST HORIZON CORPORATION MEMPHIS, Tennessee, United States Related to adviser: No
Marketer POWDER POINT FINANCIAL LLC MARSHFIELD, Massachusetts, 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

COHNREZNICK, LLP
PCAOB 596

FIRST HORIZON CORPORATION
LEI TF3RXI1ZB1TQ30H9JV1

POWDER POINT FINANCIAL LLC
CRD 145199 · SEC 8-67715

Fund details & source
Fund ID
805-6928186913
Reported beneficial owners
28
Minimum commitment
$1M
Form D file number
021-484902

Form ADV 2102646 · May 1, 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.

TERRACAP PARTNERS III (INSTITUTIONAL) LPReal Estate Fund · Last reported May 1, 2026$118MGross asset value

Form D fundraising filings

TerraCap Partners III (Institutional) LP

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK LLP BETHESDA, Maryland, United States
Custodian CITIZENS BANK, N.A. PROVIDENCE, Rhode Island, 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

COHNREZNICK LLP
PCAOB 596

CITIZENS BANK, N.A.
LEI DRMSV1Q0EKMEXLAU1P80

Fund details & source
Fund ID
805-5184778115
Reported beneficial owners
29
Minimum commitment
$1M
Form D file number
021-216840

Form ADV 2102646 · May 1, 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.

TERRACAP PARTNERS V (HNW) LPReal Estate Fund · Last reported May 1, 2026$21.6MGross asset value

Form D fundraising filings

TerraCap Partners V (HNW) LP

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK, LLP BETHESDA, Maryland, United States
Custodian FIRST HORIZON CORPORATION MEMPHIS, Tennessee, 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

COHNREZNICK, LLP
PCAOB 596

FIRST HORIZON CORPORATION
LEI TF3RXI1ZB1TQ30H9JV10

Fund details & source
Fund ID
805-8006772109
Reported beneficial owners
48
Minimum commitment
$250K
Form D file number
021-373173

Form ADV 2102646 · May 1, 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.

TERRACAP PARTNERS IV (HNW) LPReal Estate Fund · Last reported May 1, 2026$12.3MGross asset value

Form D fundraising filings

TERRACAP PARTNERS IV (HNW) LP

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK, LLP BETHESDA, Maryland, United States
Custodian FIRST HORIZON CORPORATION MEMPHIS, Tennessee, United States Related to adviser: No
Custodian SYNOVUS FINANCIAL CORPORATION COLUMBUS, Georgia, 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

COHNREZNICK, LLP
PCAOB 596

FIRST HORIZON CORPORATION
LEI TF3RXI1ZB1TQ30H9JV10

SYNOVUS FINANCIAL CORPORATION
LEI 549300EIUS8UN5JTLE5

Fund details & source
Fund ID
805-1614818737
Reported beneficial owners
50
Minimum commitment
$250K
Form D file number
021-278417

Form ADV 2102646 · May 1, 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.

TERRACAP PARTNERS III (HNW) LPReal Estate Fund · Last reported May 1, 2026$11MGross asset value

Form D fundraising filings

TerraCap Partners III (HNW) LP

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK, LLP BETHESDA, Maryland, United States
Custodian CITIZENS BANK, N.A. PROVIDENCE, Rhode Island, 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

COHNREZNICK, LLP
PCAOB 596

CITIZENS BANK, N.A.
LEI DRMSV1Q0EKMEXLAU1P80

Fund details & source
Fund ID
805-9340625086
Reported beneficial owners
52
Minimum commitment
$250K
Form D file number
021-216838

Form ADV 2102646 · May 1, 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: May 1, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

999 VANDERBILT BEACH ROAD, SUITE 701
NAPLES, FL, 34108, United States

CRD 169695

Filing source

Form ADV 2102646 · May 1, 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.