Investment adviser · CRD 142962

TRUE CAPITAL MANAGEMENT

Investment adviser filing (IA)

TRUE CAPITAL MANAGEMENT LLC

SAN FRANCISCO, CA, United States · Form ADV filed Apr 30, 2023

Regulatory AUM: $1.59B
Client accounts: 431
Employees: 37
Advisory professionals: 14

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
High-net-worth individuals	180	$1,043,735,904	65.5%
Pooled investment vehicles	54	$363,726,696	22.8%
Individuals	194	$184,448,160	11.6%
Corporations & businesses	Fewer than 5	$1,855,262	0.1%

Filing source

Form ADV 1758924 · Apr 30, 2023 · 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

50+ 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.

Browse the first 49 funds across 7 pages.

TRUE CAPITAL REAL ESTATE FUND VIReal Estate Fund · Last reported Apr 30, 2023$53MGross asset value

Fund administrator ARTEX CAPITAL SOLUTIONS HAMILTON, Bermuda Investor statements: No (provided to no investors) Related to adviser: No

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, 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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

Fund details & source

Fund ID: 805-3024011276
Reported beneficial owners: 98
Minimum commitment: $50K
Form D file number: 021-363942

Form ADV 1758924 · Apr 30, 2023 · 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.

TRUE CAPITAL VENTURES II, LLC - SERIES AVenture Capital Fund · Last reported Apr 30, 2023$36.4MGross asset value

Fund administrator ARTEX CAPITAL SOLUTIONS HAMILTON, Bermuda Investor statements: No (provided to no investors) Related to adviser: No

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, 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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

Fund details & source

Fund ID: 805-5444573813
Reported beneficial owners: 70
Minimum commitment: $50K
Form D file number: 021-259173

Form ADV 1758924 · Apr 30, 2023 · 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.

TRUE CAPITAL VENTURES III, LLC - SERIES 1Venture Capital Fund · Last reported Apr 30, 2023$29.4MGross asset value

Fund administrator ARTEX CAPITAL SOLUTIONS HAMILTON, Bermuda Investor statements: No (provided to no investors) Related to adviser: No

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, 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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

Fund details & source

Fund ID: 805-2293424753
Reported beneficial owners: 26
Minimum commitment: $50K
Form D file number: 021-336830

Form ADV 1758924 · Apr 30, 2023 · 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.

TRUE CAPITAL STRATEGIC INCOME FUND, LLCOther Private Fund · Last reported Apr 30, 2023$28.9MGross asset value

Fund administrator ARTEX CAPITAL SOLUTIONS HAMILTON, Bermuda Investor statements: No (provided to no investors) Related to adviser: No

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, 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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

Fund details & source

Fund ID: 805-9700211688
Reported beneficial owners: 34
Minimum commitment: $250K
Form D file number: 021-316212

Form ADV 1758924 · Apr 30, 2023 · 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.

TRUE CAPITAL VENTURES II, LLC - SERIES DVenture Capital Fund · Last reported Apr 30, 2023$24.7MGross asset value

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, California, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

Fund details & source

Fund ID: 805-6751734304
Reported beneficial owners: 3
Minimum commitment: $100K

Form ADV 1758924 · Apr 30, 2023 · 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.

TRUE VC, LLC - SERIES 1Venture Capital Fund · Last reported Apr 30, 2023$22.2MGross asset value

Fund administrator ARTEX CAPITAL SOLUTIONS HAMILTON, Bermuda Investor statements: No (provided to no investors) Related to adviser: No

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, 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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

Fund details & source

Fund ID: 805-1498440771
Reported beneficial owners: 89
Minimum commitment: $50K
Form D file number: 021-375038

Form ADV 1758924 · Apr 30, 2023 · 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.

TRUE CAPITAL REAL ESTATE FUND V, LLCReal Estate Fund · Last reported Apr 30, 2023$18.5MGross asset value

Fund administrator ARTEX CAPITAL SOLUTIONS HAMILTON, Bermuda Investor statements: No (provided to no investors) Related to adviser: No

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, 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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

Fund details & source

Fund ID: 805-4738513824
Reported beneficial owners: 61
Minimum commitment: $50K
Form D file number: 021-336998

Form ADV 1758924 · Apr 30, 2023 · 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: Apr 30, 2023. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Selection of other advisers · Educational seminars

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

101 MONTGOMERY STREET, SUITE 2800
SAN FRANCISCO, CA, 94104, United States

CRD 142962

Filing source

Form ADV 1758924 · Apr 30, 2023 · 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.