Investment adviser · CRD 291052

THORNAPPLE RIVER 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.

THORNAPPLE RIVER CAPITAL LLC

GRAND RAPIDS, MI, United States · Form ADV filed Mar 27, 2026

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

Private funds & service providers

14 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.

STEELE PARTNERS LLCPrivate Equity Fund · Last reported Mar 27, 2026$36.2MGross asset value

Form D fundraising filings

STEELE PARTNERS LLC

Fund administrator OAKPOINT FINANCIAL SERVICES LLC AVON, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor REHMANN ROBSON LLC SAGINAW, Michigan, United States
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, United States Related to adviser: No
Marketer EMERSON EQUITY LLC SAN MATEO, California, United States Related to adviser: No
Marketer MCDONALD PARTNERS LLC CLEVELAND, Ohio, 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

REHMANN ROBSON LLC
PCAOB 263

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G2Q072

EMERSON EQUITY LLC
CRD 130032 · SEC 801-71293

MCDONALD PARTNERS LLC
CRD 135414 · SEC 801-64294

Fund details & source
Fund ID
805-8800984759
Reported beneficial owners
77
Minimum commitment
$100K
Form D file number
021-354367

Form ADV 2076042 · Mar 27, 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.

TRC-VENTURE FUND II, LLCVenture Capital Fund · Last reported Mar 27, 2026$23.9MGross asset value

Form D fundraising filings

TRC-VENTURE FUND II, LLC

Fund administrator OAKPOINT FINANCIAL SERVICES LLC AVON, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor REHMANN ROBSON LLC SAGINAW, Michigan, United States
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, 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

REHMANN ROBSON LLC
PCAOB 263

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G2Q072

Fund details & source
Fund ID
805-5533315215
Reported beneficial owners
58
Minimum commitment
$100K
Form D file number
021-353491

Form ADV 2076042 · Mar 27, 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.

STEELE OZ PREFERRED LLCPrivate Equity Fund · Last reported Mar 27, 2026$11MGross asset value
Fund administrator OAKPOINT FUND SERVICES AVON, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, 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

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G2Q072

Fund details & source
Fund ID
805-6367249862
Reported beneficial owners
12
Minimum commitment
$100K

Form ADV 2076042 · Mar 27, 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.

KANTSTRAAT LLCPrivate Equity Fund · Last reported Mar 27, 2026$5.67MGross asset value
Fund administrator OAKPOINT FUND SERVICES LLC AVON LAKE, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, 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

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G2Q072

Fund details & source
Fund ID
805-3140956888
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2076042 · Mar 27, 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.

THORNAPPLE RIVER CAPITAL - VENTURE FUND LLCVenture Capital Fund · Last reported Mar 27, 2026$2.55MGross asset value

Form D fundraising filings

THORNAPPLE RIVER CAPITAL - VENTURE FUND LLC

Fund administrator OAKPOINT FINANCIAL SERVICES LLC AVON, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, 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

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G2Q072

Fund details & source
Fund ID
805-4935258116
Reported beneficial owners
22
Minimum commitment
$100K
Form D file number
021-288970

Form ADV 2076042 · Mar 27, 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.

TRC GREAT LAKES LLCPrivate Equity Fund · Last reported Feb 21, 2024$9.5MGross asset value

Form D fundraising filings

TRC GREAT LAKES LLC

Fund administrator OAKPOINT FINANCIAL SERVICES LLC AVON, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor REHMANN ROBSON LLC SAGINAW, Michigan, United States
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, United States Related to adviser: No
Marketer EMERSON EQUITY LLC SAN MATEO, California, United States Related to adviser: No
Marketer MCDONALD PARTNERS LLC CLEVELAND, Ohio, 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

REHMANN ROBSON LLC
PCAOB 263

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G2Q072

EMERSON EQUITY LLC
CRD 130032 · SEC 801-71293

MCDONALD PARTNERS LLC
CRD 135414 · SEC 801-64294

Fund details & source
Fund ID
805-6307853314
Reported beneficial owners
46
Minimum commitment
$100K
Form D file number
021-343655

Form ADV 1828684 · Feb 21, 2024 · 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.

TRC FINANCIALS FUND LLCHedge Fund · Last reported Apr 29, 2021$9.2MGross asset value
Fund administrator OAKPOINT FINANCIAL SERVICES LLC AVON, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor REHMANN ROBSON LLC SAGINAW, Michigan, United States
Custodian CENTRAL FEDERAL CORPORATION AKRON, Ohio, United States Related to adviser: No
Marketer MCDONALD PARTNERS LLC CLEVELAND, Ohio, 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

REHMANN ROBSON LLC
PCAOB 263

CENTRAL FEDERAL CORPORATION
LEI 549300ZGCIDP1G72QO72

MCDONALD PARTNERS LLC
CRD 135414 · SEC 801-64294

Fund details & source
Fund ID
805-9297895658
Reported beneficial owners
46
Minimum commitment
$100K

Form ADV 1523096 · Apr 29, 2021 · 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 27, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

320 HALL STREET, SUITE 201
GRAND RAPIDS, MI, 49507, United States

CRD 291052

Filing source

Form ADV 2076042 · Mar 27, 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.