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 / Sterling Fund Management, LLC

Sterling Fund Management, LLC

Private equity with venture activity · candidateChicago, ILsterlingpartners.comSEC registered investment adviser

no venture fund on Form ADV; public LPs book its vehicles as Venture Capital

Importance
25
moderate
Active deployment
0
low
Emerging
0
low
Completeness
50
elevated
Freshness
100
high
Research priority
6
low
Identity and regulatory footprint
Headquarters
Chicago, ILadviserinfo.sec.gov
Office address
167 N. GREEN STREET, 4TH FLOOR, Chicago, IL, 60607adviserinfo.sec.gov
Business phone
312-465-7000adviserinfo.sec.gov
Website
HTTPS://WWW.STERLINGPARTNERS.COM
SEC adviser type
registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 29, 2024
Private funds reported
22 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$1.1Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$1.1Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
43
Owners on Schedule A
SFM Interco LLC (Member), E; Sterling Fund Management Holdings GP, LLC (General Partner Of The Sole Member Of Sterling Fund Management, Llc), F; Sterling Fund Management Holdings, L.P. (Member), E
business phone
312-465-7000adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
chicago
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
0 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Sterling Venture Partners II, L.P.Fund · ADV: Private Equity FundunknownWound down$72
Dec 19, 2022
56unknownunknown
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
6 current, 4 departed
Rudolf Christopher Hoehnsaric
Manager And Senior Managing Director Of Sterling Fund Management, Llc And Manager Of Sterling Fund Management Holdings Gp, Llc · since May 1, 2000
General partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Douglas Lee Becker
Member · since Jan 1, 2014
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Rudolf Christopher Hoehn-Saric
Member · since Jan 1, 2014
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Steven Michael Taslitz
Member · since Jan 1, 2014
Partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Jeffrey William Elburn
Managing Director Of Sterling Fund Management, Llc And Chief Financial Officer · since Feb 1, 2013
Platform and operations
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Maury Avram Epstein
Managing Director Of Sterling Fund Management, Llc And Chief Operating Officer, Chief Compliance Officer And General Counsel · since Apr 1, 2008
Platform and operations
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
4 departed (kept with end dates)
  • Eric David Becker · Manager And Senior Managing Director Of Sterling Fund Management, Llc And Manager Of Sterling Fund Management Holdings Gp, Llc · May 1, 2000 to Jul 22, 2015 Inference
  • Merrick M (mi Only) Elfman · Manager,Senior Managing Director Of Sterling Fund Management,Llc;Member Of A Manager Of Sterling Fund Management Holdings Gp,Llc · May 1, 2000 to Mar 31, 2017 Inference
  • Jeffrey Robert Schechter · Chief Operating Officer · Jul 1, 2006 to Sep 29, 2017 Inference
  • TOM David Wippman · General Counsel And Senior Vice President · May 1, 2000 to Jan 22, 2014 Inference
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
1 disclosed
Timeline
9 dated events
  1. Mar 29, 2024
    Sterling Venture Partners II, L.P. no longer reported on Form ADV by Sterling Fund Management, LLC
    Fund no longer reportedFundsInferenceSterling Venture Partners II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Sep 29, 2017
    Jeffrey Robert Schechter (Chief Operating Officer) no longer on Schedule A of Sterling Fund Management, LLC
    Person leftPeopleInferenceJeffrey Robert SchechterSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 31, 2017
    Merrick M (mi Only) Elfman (Manager,Senior Managing Director Of Sterling Fund Management,Llc;Member Of A Manager Of Sterling Fund Management Holdings Gp,Llc) no longer on Schedule A of Sterling Fund Management, LLC
    Person leftPeopleInferenceMerrick M (mi Only) ElfmanSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Jul 22, 2015
    Eric David Becker (Manager And Senior Managing Director Of Sterling Fund Management, Llc And Manager Of Sterling Fund Management Holdings Gp, Llc) no longer on Schedule A of Sterling Fund Management, LLC
    Person leftPeopleInferenceEric David BeckerSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Jan 22, 2014
    TOM David Wippman (General Counsel And Senior Vice President) no longer on Schedule A of Sterling Fund Management, LLC
    Person leftPeopleInferenceTOM David WippmanSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  6. Jan 1, 2014
    Rudolf Christopher Hoehn-Saric joined Schedule A of Sterling Fund Management, LLC as Member
    Person joinedPeopleFactRudolf Christopher Hoehn-SaricSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  7. Feb 1, 2013
    Jeffrey William Elburn joined Schedule A of Sterling Fund Management, LLC as Chief Financial Officer
    Person joinedPeopleFactJeffrey William ElburnSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  8. Feb 14, 2012
    Sterling Fund Management, LLC first filed Form ADV (IA)
    First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  9. Feb 14, 2012
    Sterling Venture Partners II, L.P. first reported on Form ADV by Sterling Fund Management, LLC (Private Equity Fund), GAV $266,395,352
    Fund first reported on Form ADVFundsFactSterling Venture Partners II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 13, 2026
    Private equity with venture activity (candidate, 50%, cls-1)
    no venture fund on Form ADV; public LPs book its vehicles as Venture Capital
Evidence
48 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeregistered_investment_adviserMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2012-02-14Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 13, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-03-29Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds0Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone312-465-7000Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://sterlingpartners.com/contact/
“contact page linked from the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Employees43Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersChicago, ILMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Lp strategy labelVenture Capital
“1 public LP rows book this manager's vehicles as Venture Capital; e.g. Liquidated | Sterling Venture Partners II | Venture Capital | Venture - Late Stage | 2005 | 8,000,000 | 8,006,256 | 10,013,785 | ”
Sep 13, 2026FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
Office address167 N. GREEN STREET, 4TH FLOOR, Chicago, IL, 60607Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported22Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$1.1BMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$1.1BMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographychicago
“geography words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographychicago
“geography words on the home page”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://sterlingpartners.com/team/
“0 name/title pairs read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://sterlingpartners.com/team/
“0 name/title pairs read”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Mar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTPS://WWW.STERLINGPARTNERS.COMMar 29, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleSterling Partners – Inspired Growth
“title tag”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleSterling Partners – Inspired Growth
“title tag”
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)