Investment adviser · CRD 322094

TRACE CAPITAL MANAGEMENT LP

Investment adviser filing (IA)

HOUSTON, TX, United States · Form ADV filed Mar 26, 2026

Regulatory AUM
$1.68B
Form ADV · Item 5.F
Client accounts
4
Accounts, not individual clients
Employees
16
Reported in this filing
Advisory professionals
15
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 vehicles4$1,680,044,964100.0%
Filing source

Form ADV 2078452 · Mar 26, 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

5 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.

TRACE ENERGY RESOURCES FUND LPHedge Fund · Last reported Mar 26, 2026$1.02BGross asset value

Form D fundraising filings

Denham Oil & Gas Fund LP

Fund administrator PETRA FUNDS GROUP BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-2399835511
Reported beneficial owners
105
Minimum commitment
$50K
Form D file number
021-248549

Form ADV 2078452 · Mar 26, 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.

TRACE ENERGY RESOURCES FUND II LPHedge Fund · Last reported Mar 26, 2026$524MGross asset value

Form D fundraising filings

Denham Energy Resources Fund II LP

Fund administrator PETRA FUNDS GROUP BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-3115305700
Reported beneficial owners
33
Minimum commitment
$1M
Form D file number
021-353123

Form ADV 2078452 · Mar 26, 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.

TRACE ER II ANNEX FUND LPHedge Fund · Last reported Mar 26, 2026$81.3MGross asset value

Form D fundraising filings

Trace ER II Annex Fund LP

Fund administrator PETRA FUNDS GROUP BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States
Custodian CITIZENS BANK, NA PROVIDENCE, Rhode Island, United States Related to adviser: No
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

CITIZENS BANK, NA
LEI DRMSV1Q0EKMEXLAU1P80

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-7724361203
Reported beneficial owners
19
Minimum commitment
$0
Form D file number
021-491279

Form ADV 2078452 · Mar 26, 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.

TRACE SABRE CO-INVEST FUND LPHedge Fund · Last reported Mar 26, 2026$59.5MGross asset value

Form D fundraising filings

Trace Sabre Co-Invest Fund LP

Fund administrator PETRA FUNDS GROUP BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-9870229517
Reported beneficial owners
7
Minimum commitment
$0
Form D file number
021-524299

Form ADV 2078452 · Mar 26, 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.

PTC INVESTMENTS LPPrivate Equity Fund · Last reported Oct 21, 2022$4.67MGross asset value
Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE LTD HAMILTON, Bermuda
Custodian CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Related to adviser: No
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No
Prime broker CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE LTD
PCAOB 5230

CREDIT SUISSE SECURITIES (USA) LLC
SEC 8-422

CREDIT SUISSE SECURITIES (USA) LLC
CRD 816 · SEC 8-422

Fund details & source
Fund ID
805-4040969491
Reported beneficial owners
2
Minimum commitment
$500K

Form ADV 1682896 · Oct 21, 2022 · 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 26, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

1400 POST OAK BLVD., SUITE 1000
HOUSTON, TX, 77056, United States

CRD 322094

Filing source

Form ADV 2078452 · Mar 26, 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.