Overview
A. Advisory Firm
TRP Capital Advisors V, LLC (the “Registrant”), an investment advisor, is a Delaware limited liability
company formed in December 2019. The Registrant’s owners are David R. Mitchell, Steven G. Carrel,
and Michael A. DiRienzo.
B. Advisory Services Provided
The Registrant currently provides investment advisory services to a private equity fund consisting of
TRP Capital Partners V, LP, TRP Capital Partners V (B), LP, related alternative investment vehicles
and a number of related co-investment vehicles (together, the “Fund”). Certain co-investment vehicles
are not available to investors. The Fund is offered exclusively on a “private placement” basis to select
qualified investors pursuant to terms and conditions set forth in the Fund’s Private Placement
Memorandum (the “Memorandum”).
The Registrant’s investment advisory services consist of providing day-to-day managerial and
administrative services to the Fund, including assisting with sourcing, analyzing and structuring
potential investments, monitoring the performance of portfolio companies, and advising
the Fund
regarding disposition opportunities.
The Registrant’s advice focuses on portfolio companies in the transportation industry. Please see the
Memorandum and Item 8 for more information on the Fund’s investment strategies and the
Registrant’s advisory business.
C. Tailored Advisory Services
Advisory services are tailored to the specific needs of the Fund pursuant to an investment advisory
agreement entered into between the Registrant and the Fund (the “Advisory Agreement”). The
Registrant has entered into a similar investment advisory agreement with the co-investment vehicle.
The Registrant does not tailor the investment decisions of the Fund to individual investors, and
investors generally will not be able to impose restrictions on the Fund’s investments.
D. Wrap Fee Programs
The Registrant does not participate in wrap fee programs.
E. Assets under Management
The amount of assets under management (“AUM”) as of December 31, 2023 is:
AUM US$
Discretionary: $299,935,429
Non-Discretionary: $0
Total: $299,935,429
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