DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / TRM Advisors LP
TRM Advisors LP
Private equity with venture activity · probableSouthfield, MItrmequity.comSEC registered investment adviser
TRM Equity makes control investments in middle-market industrial businesses with a history of profitability that can benefit from our industry expertise to fundamentally improve operations.
registered adviser; venture funds are 0% of 1 private funds
Importance
16
moderate
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Southfield, MIadviserinfo.sec.gov
- Office address
- 1 TOWNE SQUARE, SUITE 1570, Southfield, MI, 48076adviserinfo.sec.gov
- Business phone
- 800-817-4152adviserinfo.sec.gov
- Website
- https://www.trmequity.com/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jul 10, 2024
- Private funds reported
- 1 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $134Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $166Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 8
- Owners on Schedule A
- Trma GP LLC (Owner), D
- business email
- robertsylvester@trmequity.comtrmequity.compublished by the subject
- business email
- jeffreystone@trmequity.comtrmequity.compublished by the subject
- business email
- admin@trmequity.comtrmequity.compublished by the subject
- business phone
- 800-817-4152adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- climate, industrial
- Stages
- not stated or not yet read
- Geography
- europe, north america
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| TRM Equity Fund II LP | Fund · ADV: Private Equity Fund | 2022 form d first sale | Active deployment | $134M Jul 10, 2024 | 50 | $59.1M of $100M | May 2, 2023 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
5 current, 0 departed
Jeffrey Alan Stone
PartnerManager · since Jun 1, 2020
Jeffrey Stone
PartnerManaging Director
Robert Sylvester
PartnerManaging Director
Robert Sylvester
PartnerManager · since Jun 1, 2020
Christy Nehro
Platform and operationsOperations Manager
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
2 dated events
- Nov 1, 2022TRM Advisors LP first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 1, 2022TRM Equity Fund II LP first reported on Form ADV by TRM Advisors LP (Private Equity Fund), GAV $59,550,000Fund first reported on Form ADVFundsFactTRM Equity Fund II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 0% of 1 private funds
Evidence
30 observations from 2 sources