TRM Advisors LP
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.
In the firm's own words, from its website.
4 verified contacts (2 published business email, 1 general firm email, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days.
People to know
View all people- ManagerWhy: Named with investment responsibilityNo route on file yet
- ManagerWhy: Named with investment responsibilityNo route on file yet
Relationship network
4 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to TRM Advisors LP: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to TRM Advisors LP
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
0 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.Stated thesis versus observed behaviour
- 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
Team
4 current, 0 departed
Decision makers
Who else at this firm · 1 person, grouped by function
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Manager
- Manager
- Operations Manager
Contacts
1 general firm email, 2 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
1 vehicle, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| 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 | $144M May 4, 2026 | 50 | $59.1M of $100M | May 2, 2023 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
0 co-investors · on 3 other DFX graphs
Co-investors
Across DFX and the capital chainon 3 other DFX graphs ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Independent Sponsors, Private Equity, RIA and Wealth, matched by identifier. See which records
TRM Advisors LP is the same institution as 3 records in Independent Sponsors, Private Equity and RIA and Wealth.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Evidence and history
3 dated events, 43 observations from 3 sources
Timeline
- seen on or beforeSep 24, 2026TRM Advisors LP: PE_WITH_VENTURE_ACTIVITY -> CANDIDATE_VC (no sworn venture fact yet (name or round mention only))Classification changedClassificationInference
- Nov 1, 2022TRM Advisors LP first filed Form ADV (ERA)
- Nov 1, 2022TRM Equity Fund II LP first reported on Form ADV by TRM Advisors LP (Private Equity Fund), GAV $59,550,000
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed May 4, 2026 · 1 private fundsShowHide
- Headquarters
- Southfield, MIadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- trmequity.com
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- May 4, 2026
- Private funds reported
- 1 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $144Madviserinfo.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), owns 50% to 75%
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 24, 2026Candidate (candidate, 50%)No sworn venture fact yet (name or round mention only)
- Sep 12, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 0% of 1 private funds
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | Registered investment adviser | May 4, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Jul 10, 2024 | Fact | Form ADV |
| First Form ADV filing | 2022-11-01 | May 4, 2026 | Fact | Form ADV |
| First Form ADV filing | 2022-11-01 | Jul 10, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-05-04 | May 4, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-07-10 | Jul 10, 2024 | Fact | Form ADV |
| Venture share of reported funds | 0 | May 4, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Jul 10, 2024 | Fact | Form ADV |
| Business phone | Jul 10, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 14, 2026 | Fact | ||
| Employees | 8 | Jul 10, 2024 | Fact | Form ADV |
| Headquarters | Southfield, MI | Jul 10, 2024 | Fact | Form ADV |
| Office address | Jul 10, 2024 | Fact | Form ADV | |
| Private funds reported | 1 | May 4, 2026 | Fact | Form ADV |
| Private funds reported | 1 | Jul 10, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $144M | May 4, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $134M | Jul 10, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $166M | Jul 10, 2024 | Fact | Form ADV |
| Stated geography | Europe, north america “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | Europe, north america “geography words on the home page” | Sep 14, 2026 | Fact | |
| Stated sectors | Climate, industrial “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Climate, industrial “sector words on the home page” | Sep 14, 2026 | Fact | |
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 14, 2026 | Fact | ||
| Venture funds reported | 0 | May 4, 2026 | Fact | Form ADV |
| Venture funds reported | 0 | Jul 10, 2024 | Fact | Form ADV |
| Website | Jul 10, 2024 | Fact | Form ADV | |
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 14, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersCandidate, candidateShowHide
No sworn venture fact yet (name or round mention only)
- importance
- gav: 0 · funds: 0 · people: 0.16 · investments: 0 · scale basis: Venture-typed funds only (Candidate): 0 funds, $0M of $144M reported · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
- emerging manager
- fund count: 1 · reported gav: $144M · first adv filing: 2022-11-01 · years since first filing: 3.9
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-24
- Adviser's first ADV filing2022-11-01source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
Not yet on record: new companies, 12 mo.