Investment adviser · CRD 161042

TRUE NORTH MANAGEMENT GROUP, LLC

Investment adviser filing (IA)

STAMFORD, CT, United States · Form ADV filed Mar 16, 2026

Regulatory AUM: $493M
Client accounts: 5
Employees: 9
Advisory professionals: 6

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	5	$492,530,238	100.0%

Filing source

Form ADV 2073374 · Mar 16, 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

7 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.

TRUE NORTH REAL ESTATE FUND IV, L.P.Real Estate Fund · Last reported Mar 16, 2026$178MGross asset value

Form D fundraising filings

True North Real Estate Fund IV, L.P.

Auditor KPMG STAMFORD, Connecticut, United States

Custodian CITIZENS BANK NEW YORK, New York, United States Related to adviser: No

Marketer ALLEGRO 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: No
External marketing: Yes

KPMG
PCAOB 185

ALLEGRO SECURITIES LLC
CRD 139514 · SEC 8-67218

Fund details & source

Fund ID: 805-2125128497
Reported beneficial owners: 7
Minimum commitment: $10M
Form D file number: 021-336899

Form ADV 2073374 · Mar 16, 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.

TRUE NORTH REAL ESTATE FUND III, L.P.Real Estate Fund · Last reported Mar 16, 2026$157MGross asset value

Form D fundraising filings

True North Real Estate Fund III, L.P.

Feeder funds

TRUE NORTH REAL ESTATE III F&F INVESTORS, LLC

Fund administrator CORTLAND CAPITAL MARKETS SERVICES CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG STAMFORD, Connecticut, United States

Custodian CITIZENS BANK NEW YORK, New York, United States Related to adviser: No

Custodian JPMORGAN CHASE NEW YORK, New York, United States Related to adviser: No

Marketer ATLANTIC - PACIFIC CAPITAL, INC. 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

KPMG
PCAOB 185

ATLANTIC - PACIFIC CAPITAL, INC.
CRD 38356 · SEC 8-48198

Fund details & source

Fund ID: 805-5375544034
Reported beneficial owners: 60
Minimum commitment: $100K
Form D file number: 021-215650

Form ADV 2073374 · Mar 16, 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.

TRUE NORTH REAL ESTATE CO-INVESTMENT SIDECAR LPReal Estate Fund · Last reported Mar 16, 2026$106MGross asset value

Form D fundraising filings

True North Real Estate Co-Investment Sidecar LP

Auditor KPMG STAMFORD, Connecticut, United States

Custodian CITIZENS BANK 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: No
External marketing: No

KPMG
PCAOB 185

Fund details & source

Fund ID: 805-4505670556
Reported beneficial owners: 2
Minimum commitment: $75M
Form D file number: 021-402468

Form ADV 2073374 · Mar 16, 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.

TRUE NORTH REAL ESTATE CO-INVESTMENT SIDECAR 2 LPReal Estate Fund · Last reported Mar 16, 2026$52.3MGross asset value

Form D fundraising filings

True North Real Estate Co-Investment Sidecar 2 LP

Auditor KPMG STAMFORD, Connecticut, United States

Custodian CITIZENS BANK 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: No
External marketing: No

KPMG
PCAOB 185

Fund details & source

Fund ID: 805-8843069563
Reported beneficial owners: 3
Minimum commitment: $30M
Form D file number: 021-416563

Form ADV 2073374 · Mar 16, 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.

TRUE NORTH HIGH YIELD INVESTMENT FUND II, LLCReal Estate Fund · Last reported Mar 17, 2022$30.9MGross asset value

Form D fundraising filings

True North High Yield Investment Fund II, LLC

Feeder funds

TNHYIF PIF LP
TRUE NORTH HIGH YIELD II F&F INVESTORS, LLC

Auditor KPMG STAMFORD, Connecticut, United States

Custodian JP MORGAN CHASE NEW YORK, New York, United States Related to adviser: No

Marketer LAZARD FRERES & CO 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: No
External marketing: Yes

KPMG
PCAOB 185

Fund details & source

Fund ID: 805-3085453574
Reported beneficial owners: 65
Minimum commitment: $100K
Form D file number: 021-140655

Form ADV 1623524 · Mar 17, 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.

TRUE NORTH MEZZANINE INVESTMENT FUND, LLCReal Estate Fund · Last reported Apr 27, 2018$1.39MGross asset value

Feeder funds

TRUE NORTH MEZZANINE F&F INVESTORS, LLC

Fund administrator BERDON FUND SERVICES LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor KPMG STAMFORD, Connecticut, United States

Custodian JP MORGAN CHASE 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: No

KPMG
PCAOB 185

Fund details & source

Fund ID: 805-2271553249
Reported beneficial owners: 65
Minimum commitment: $100K
Form D file number: 021-84696

Form ADV 1213556 · Apr 27, 2018 · 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 NORTH FAIRFIELD PROPERTY PARTNERS, LLCReal Estate Fund · Last reported Apr 27, 2018$778KGross asset value

Fund administrator BERDON FUND SERVICES LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ROTENBERG MERIL SADDLE BROOK, New Jersey, United States

Custodian JP MORGAN CHASE 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: No

ROTENBERG MERIL
PCAOB 361

Fund details & source

Fund ID: 805-4960182299
Reported beneficial owners: 65
Minimum commitment: $100K
Form D file number: 021-123252

Form ADV 1213556 · Apr 27, 2018 · 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 16, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

225 HIGH RIDGE ROAD, SUITE 120 EAST
STAMFORD, CT, 06905, United States

CRD 161042

Filing source

Form ADV 2073374 · Mar 16, 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.