AltMountain

Turn/River Management, L.P.

San Francisco, CA · CRD 165897
Private equity manager

Turn/River Management, L.P. is an SEC-registered investment adviser based in San Francisco, CA that reports managing 20 private funds on Form ADV, including 20 private equity funds. It reports $6.6 billion in regulatory assets under management. Its private funds hold $6.6 billion in gross assets.

Regulatory assets under management
$6.6 billionForm ADV Item 5.F
Gross assets of private funds
$6.6 billionAll private fund types, Form ADV
Private funds managed
20PE 20 · VC 0 · hedge 0
Employees
99Form ADV Item 5.A
Registration
SEC-registered adviserCRD 165897
Latest Form ADV
03/30/2026Disciplinary disclosures: none reported

Private equity funds filing Form D (4)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (15)

Fund
Gross assets
Minimum
Owners
Adviser
Turn/River Capital V (Qp-A), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$1.1B
MinimumNone set
Owners31
AdviserTurn/River Management, L.P.
Turn/River Capital IV (Qp-A), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$443M
MinimumNone set
Owners15
AdviserTurn/River Management, L.P.
Turn/River Capital III (Qp-A), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$404M
MinimumNone set
Owners9
AdviserTurn/River Management, L.P.
Turn/River Capital V (Qp-B), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$234M
MinimumNone set
Owners14
AdviserTurn/River Management, L.P.
Turn/River Capital IV (Qp-B), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$115M
MinimumNone set
Owners7
AdviserTurn/River Management, L.P.
Turn/River Capital II (QP), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$41.4M
MinimumNone set
Owners4
AdviserTurn/River Management, L.P.
Turn/River Capital III (Qp-B), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$27.2M
MinimumNone set
Owners2
AdviserTurn/River Management, L.P.
Turn/River Capital V (AI), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$25.2M
MinimumNone set
Owners54
AdviserTurn/River Management, L.P.
Turn/River Capital II (Parallel), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$16.9M
MinimumNone set
Owners2
AdviserTurn/River Management, L.P.
Turn/River Capital II (AI), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$14.2M
MinimumNone set
Owners41
AdviserTurn/River Management, L.P.
Turn/River Capital IV (AI), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$13.9M
MinimumNone set
Owners39
AdviserTurn/River Management, L.P.
Turn/River Capital III (AI), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$13.6M
MinimumNone set
Owners24
AdviserTurn/River Management, L.P.
Turn/River Capital (Parallel), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$2.5M
MinimumNone set
Owners2
AdviserTurn/River Management, L.P.
Turn/River Capital (Side), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$2.3M
MinimumNone set
Owners2
AdviserTurn/River Management, L.P.
Turn/River Capital, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$1.6M
MinimumNone set
Owners40
AdviserTurn/River Management, L.P.

As reported in the adviser's Form ADV filed Mar 25, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (1)

Fund
Gross assets
Minimum
Owners
Adviser
Turn/River Capital IV (Co-Investment A), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$256M
MinimumNone set
Owners17
AdviserTurn/River Management, L.P.

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures