Form D · Private Equity Fund
STEELE PARTNERS LLC
Grand Rapids, MI · CIK 0001791682
Offering snapshot reported Dec 31, 2019 · SEC filing
- Reported sold
- $12.5M Indefinite offering
- Investors reported
- 38 Form D · investor count
- Minimum accepted
- $50K Reported outside-investor minimum
- First sale
- Nov 22, 2019 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$9,829,537 → $12,480,522
- Reported investors27 → 38
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 31, 2019 | Amendment | $12,480,522 | $2,650,985vs Nov 27, 2019 | 38 | SEC filing |
| Nov 27, 2019 | Initial | $9,829,537 | No comparison | 27 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $277K
- Finders' fees
- $0
- Form D file number
- 021-354367
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| MCDONALD PARTNERS LLC | 135414 |
Source: Form D, filed Dec 31, 2019. Minimum accepted may differ from a standard advertised minimum.
Fund connections
The linked fund shows its most recently reported ADV details.
Matched by reported Form D file number
STEELE PARTNERS LLC
Investment adviser: THORNAPPLE RIVER CAPITAL LLC
- Gross asset value
- $36.2M
- Beneficial owners
- 77
- ADV minimum commitment
- $100K
Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
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
Filing source
Form ADV 2076042 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-8800984759
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Genesis Guanga | Director, Executive |
| Brandon J Kanitz | Director, Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Grand Rapids, MI, 49503