Form D · Other Investment Fund

True Culture Fund, LLC

San Francisco, CA · CIK 0001875780

Offering snapshot reported Jan 8, 2025 · SEC filing

Reported sold: $5.58M
Investors reported: 52
Minimum accepted: $0
First sale: Jul 27, 2021

Fundraising history

Reported sold

Dates 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$2,805,000 → $5,582,500
Reported investors29 → 52

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 8, 2025	Amendment	$5,582,500	$2,777,500vs Aug 5, 2022	52	SEC filing
Aug 5, 2022	Amendment	$2,805,000	No comparison	29	SEC filing
Aug 5, 2021	Initial	Yet to sell	No comparison	Not reported	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06c, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-408905

Source: Form D, filed Jan 8, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

TRUE CULTURE FUND, LLC

Investment adviser: CRESSET ASSET MANAGEMENT, LLC

Gross asset value: $3.83M
Beneficial owners: 47
ADV minimum commitment: $25K

Reported in Form ADV on Aug 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ARTEX CAPITAL SOLUTIONS CHARLOTTE, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States Other funds reporting this name →

Custodian JP MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

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 asset history · 2 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2024	$3,877,111	47	Mar 28, 2025
2025	$3,831,306	47	Mar 27, 2026

Filing source

Form ADV 2124511 · Aug 13, 2026 · Schedule D 7.B.(1), fund 805-6445194509

Reported by CRESSET ASSET MANAGEMENT, LLC (CRD 288566).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Matched by reported Form D file number

TRUE CULTURE FUND, LLC

Investment adviser: TRUE CAPITAL MANAGEMENT LLC

Gross asset value: $4.65M
Beneficial owners: 43
ADV minimum commitment: $25K

Reported in Form ADV on Apr 30, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator TRIDENT FUND SERVICES, INC. ATLANTA, Georgia, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States Other funds reporting this name →

Custodian FIRST REPUBLIC BANK WALNUT CREEK, California, United States Related to adviser: No Other funds reporting this name →

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 asset history · 2 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$2,720,143	27	Mar 30, 2022
2022	$4,649,425	43	Mar 30, 2023

Filing source

Form ADV 1758924 · Apr 30, 2023 · Schedule D 7.B.(1), fund 805-6445194509

Reported by TRUE CAPITAL MANAGEMENT LLC (CRD 142962).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Matched by reported Form D file number

TRUE LATIN VENTURES, LLC

Investment adviser: CRESSET ASSET MANAGEMENT, LLC

Gross asset value: $5.54M
Beneficial owners: 30
ADV minimum commitment: $50K

Reported in Form ADV on Aug 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ARTEX CAPITAL SOLUTIONS CHARLOTTE, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States Other funds reporting this name →

Custodian JP MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Custodian PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, United States Related to adviser: No Other funds reporting this name →

Provider details

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

NAVOLIO & TALLMAN, LLP
PCAOB 5442

PERSHING ADVISOR SOLUTIONS LLC
SEC 8-47425

Fund asset history · 2 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2024	$7,668,062	30	Mar 28, 2025
2025	$5,536,730	30	Mar 27, 2026

Filing source

Form ADV 2124511 · Aug 13, 2026 · Schedule D 7.B.(1), fund 805-8941303745

Reported by CRESSET ASSET MANAGEMENT, LLC (CRD 288566).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Matched by reported Form D file number

TRUE LATIN VENTURES, LLC

Investment adviser: TRUE CAPITAL MANAGEMENT LLC

Gross asset value: $5.29M
Beneficial owners: 29
ADV minimum commitment: $50K

Reported in Form ADV on Apr 30, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator TRIDENT FUND SERVICES, INC. ATLANTA, Georgia, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor NAVOLIO & TALLMAN, LLP WALNUT CREEK, California, United States Other funds reporting this name →

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →

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 asset history · 2 annual observations

Scroll to see all columns →

Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$3,459,073	17	Mar 30, 2022
2022	$5,294,683	29	Mar 30, 2023

Filing source

Form ADV 1758924 · Apr 30, 2023 · Schedule D 7.B.(1), fund 805-8941303745

Reported by TRUE CAPITAL MANAGEMENT LLC (CRD 142962).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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.

People and organizations reported in Form D filings
Name	Reported role
N/A Cresset Partners, Llc	Executive
James Danforth	Executive
Heather K. Goodman	Executive
Doug Raetz	Executive
N/A True Ventures Management Company, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

101 Montgomery Street Suite 2800
San Francisco, CA, 94104
Phone: 415.538.3600