DFX Intelligence
TRM Equity Fund II LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownother manager vehicleADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 2 May 2023, Latest Form D filed on 2 May 2023: $59.2M sold of $100M offered, 14 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
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
- $100Mwhat may be sold, not what was raised; file 021-444033, sworn by the adviser or filed under this vehicle
- Form D sold
- $59.1Mas of the filing of May 2, 2023, 14 investors
- First sale
- May 11, 2022
- Reported GAV
- $144Mon the Form ADV filed May 4, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 50
- Reported on ADV
- Nov 1, 2022 to May 4, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Unknown
latest Form D 2023-05-02, older than 15 months (fr-1)
evidence dated May 2, 2023.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: May 11, 2022vintage year: 2022adv gav as of: May 4, 2026vintage basis: Form d first saleform d sold: $59.1Mform d offering: $100Mform d latest filed at: May 2, 2023
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Nov 1, 2022 | Private Equity Fund | $59.5M | 15 | 8% | yes | ||
| Mar 22, 2023 | Private Equity Fund | $59.5M | 15 | 8% | yes | ||
| Mar 25, 2024 | Private Equity Fund | $134M | 20 | 9% | yes | ||
| Jun 27, 2024 | Private Equity Fund | $134M | 50 | 8% | yes | ||
| Jul 10, 2024 | Private Equity Fund | $134M | 50 | 8% | yes | ||
| May 4, 2026 | Private Equity Fund | $144M | 50 | 8% |
Principals and agents
3 principals on Form D, 0 placement agents
- Jeffrey a. Stone Executive Officer
- TRM II GP LP Executive Officer
- Robert C. Sylvester Executive Officer
Service providers
1 named on Form ADV Schedule D and Form D
- AuditorGEORGE JOHNSON & COMPANY, PC · DETROIT, Michigan, United StatesForm ADV filed May 4, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
- Mar 25, 2024Auditor changed: GEORGE JOHNSON & COMPANY, PC replaced UHY LLP, first reported on the Form ADV filed March 25, 2024 (previous filing March 22, 2023)Auditor changed Fact Form ADV
- May 2, 2023TRM Equity Fund II LP filed Form D/A: $59,150,000 sold of $100,000,000, Private Equity FundForm D filed Fact Form D
- 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 ADV Fact Form ADV
- May 2, 2022TRM Equity Fund II LP filed Form D: no sales yet of $100,000,000, Private Equity FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 2, 2023 Fact Form D
- Entity type: Limited Partnership May 2, 2022 Fact Form D
- Form D fund type: Private Equity Fund May 2, 2023 Fact Form D
- Form D fund type: Private Equity Fund May 2, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund May 2, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund May 2, 2022 Fact Form D
- Amendment: true May 2, 2023 Fact Form D
- Amendment: false May 2, 2022 Fact Form D
- Revenue range (Form D): Not Applicable May 2, 2023 Fact Form D
- Revenue range (Form D): Not Applicable May 2, 2022 Fact Form D
- Incorporated: withinFiveYears May 2, 2023 Fact Form D
- Incorporated: withinFiveYears May 2, 2022 Fact Form D
- Jurisdiction: Delaware May 2, 2023 Fact Form D
- Jurisdiction: Delaware May 2, 2022 Fact Form D
- Amount sold (Form D): $59.1M May 2, 2023 Fact Form D
- Amount sold (Form D): $0 May 2, 2022 Fact Form D
- Offering amount (Form D): $100M May 2, 2023 Fact Form D
- Offering amount (Form D): $100M May 2, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 2, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 2, 2022 Fact Form D
- First sale: 2022-05-11 May 2, 2023 Fact Form D
- Investors (Form D): 14 May 2, 2023 Fact Form D
- Investors (Form D): 0 May 2, 2022 Fact Form D
- Minimum investment (Form D): 0 May 2, 2023 Fact Form D
- Minimum investment (Form D): 0 May 2, 2022 Fact Form D
- Securities offered: pooled May 2, 2023 Fact Form D
- Securities offered: pooled May 2, 2022 Fact Form D
- Office address: May 2, 2023 Fact Form D
- Office address: May 2, 2022 Fact Form D
- Year of incorporation: 2020 May 2, 2023 Fact Form D
- Year of incorporation: 2020 May 2, 2022 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
TRM Equity Fund II LP is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
3 dated events on the change ledger, latest event first
- Form D filed2023-05-02source on record
- Fund first reported on ADV2022-11-01source on record
- Form D filed2022-05-02source 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.