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R••••••••• F••• I• L•

buyout or unlabelledmanaged by B•• P•••••• A•••• M••••••••• U• • L••Likely in marketACTIVE DEPLOYMENTADV Private Equity Fund· Canada

Organised in Canada.

Reported assets
$507M
Form ADV Schedule D
Vintage
2022
vintage basis: form d first sale
Sold to date
$340M
Form D
Investors
10
Form D
As of · the latest filing on this vehicle; each amount below carries its own basis
Amounts, each with its basis
Vintage
2022basis: Form D first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
indefinitewhat may be sold, not what was raised
Form D sold
$340Mas of the filing of Apr 22, 2025, 10 investors
First sale
Nov 4, 2022
Reported gross assets
$507MForm ADV, as of Sep 18, 2026; not fund size, not dry powder
Peak reported gross assets
$507Mhighest year on the reporting tape
Owners (ADV)
27
Reported on ADV
Mar 1, 2023 to Sep 18, 2026
Structure
standalone
Fund of funds (ADV)
no
Lifecycle
Active deployment
rule: 2 to 5 years in and gross assets rose at least 10% on the last stepmodel: lc-pe-1gav path: 2023,95426000,2024,121827200,2026,506992192peak gav: $507Mas of year: 2026latest gav: $507Mreported years: 3last step change: 3.16age years at as of: 3drawdown from peak: 0first reported year: 2023
Reported gross assets by year
3 annual rows
YearFiledTypeGross assets OwnersMin. investmentNon-US ownedSource
2023Dec 21, 2023Private Equity Fund$95.4M
2$10.0M100%adviserinfo.sec.gov
2024Dec 23, 2024Private Equity Fund$122M
4$10.0M100%adviserinfo.sec.gov
2026Sep 18, 2026Private Equity Fund$507M
27$10.0M85%reports.adviserinfo.sec.gov
Placement agents and principals
3 placement agents, 3 principals
Limited partners
0 disclosed
No LP commitment to this fund collected yet. An LP appears only when a public disclosure names this fund.
Investments attributed to this fund
0
No investment attributed to this fund. A firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Events
4 most recent
  1. Apr 22, 2025
    ••• Locked
    Fund form d amended Fact Form D
  2. Apr 22, 2024
    ••• Locked
    Fund form d amended Fact Form D
  3. Mar 1, 2023
    ••• Locked
    Fund first reported on Form ADV Fact Form ADV
  4. Oct 28, 2022
    ••• Locked
    Fund form d filed Fact Form D

Not yet on record: target.