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SolPacific

Private funds

Duluth, MNCRD 315184Updated

SolPacific is an investment adviser based in Duluth, MN, registered with the SEC since 2022. It provides investment management. Its clients include pooled investment vehicles. Its regulatory assets under management total $154 million, as filed on 31 March 2026.

2
Clients
Not reported
AUM per individual client
8
Advisory staff
1
Offices

From Form ADV filed 31 March 2026SEC record

Services and clients

SolPacific provides portfolio management for pooled vehicles. The firm advises 2 private funds.

SolPacific reports 2 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($154M across 2 accounts) are managed with discretion.

Clients and assets by client type
Clients2 clients
Assets$154M
Share of clients and assets by client type
Client typeClientsAssets
Pooled investment vehicles100%100%
Client breakdown and activity details
Pooled investment vehicles
Clients
2
Regulatory AUM
$154M
AUM share
100.0%
Avg. per client
$77M

Total

Clients
2
Regulatory AUM
$154M
AUM share
100%
Avg. per client
$77M
Clients outside the U.S.
0%
Clients advised without assets under management last fiscal year
0
Private funds advised
2

Fees and minimums

SolPacific is paid through performance-based fees; its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

Abbot Apter owns 75% or more of SolPacific. Abbot Apter is CEO; the leadership team includes Chief Operating Officer Jason Karnowski and Chief Compliance Officer Gregory Borash. It has 8 employees.

Leadership

  • Abbot Apter
    Chief Executive Officer
  • Jason Karnowski
    Chief Operating Officer, Chief Financial Officer
  • Gregory Borash
    Chief Compliance Officer

Staff

  • 8 employees
  • 8 in advisory functions
Who owns the firm
Solpacific, LLC· the adviser
  • Abbot Apter

    Control person · since April 2015

    Owns 75% or more of Solpacific, LLC
  • Gregory Borash

    Control person · since April 2015

    Owns 10% to 25% of Solpacific, LLC

Growth and acquisitions

SolPacific’s regulatory assets went from $158M (June 2022) to $154M (March 2026); clients were 2 in both filings and employees rose from 7 to 8.

By annual filing
Measure
Figures from each annual filing
SolPacific figures from each annual Form ADV filing
FiledRegulatory AUMClientsEmployeesOffices
March 2026$154M281
March 2025$134M282
March 2024$167M281
May 2023$173M271
June 2022$158M271

Offices and registration details

Besides its headquarters, SolPacific has 0 offices, with 1 listed address in Minnesota.

Listed office addresses in Minnesota
Duluth

Minnesota · 1 listed address

  • 202 W. Superior St., Ste. 721, DuluthHQ

Contact and registration details

Legal name
Solpacific, LLC
Headquarters
202 W. Superior St., Ste. 721, Duluth, MN 55802-1915
SEC file
801-126254
Structure
Minnesota LLC
Fiscal year end
December

Custodians

SolPacific has custody of $154M in client assets for 2 clients.

Common questions

How many clients does SolPacific have?

SolPacific has 2 clients and manages $154 million for them, as of March 2026. They include 2 pooled investment vehicles.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026

What services does SolPacific offer?

SolPacific provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does SolPacific have?

SolPacific has 0 investment adviser representatives registered with state securities authorities, out of 8 employees, and 8 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

Who owns SolPacific?

SolPacific’s direct owners are Abbot Apter (75% or more) and Gregory Borash (10% to 25%).

Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026

How does SolPacific get paid?

SolPacific is paid through performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

How do I contact SolPacific?

SolPacific’s main office is at 202 W. Superior St., Ste. 721, Duluth, MN 55802-1915. Its phone number is 218-720-3807. Its website is solpacificinv.com.

Source: Form ADV Part 1A, Item 1.F, filed 31 March 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 31 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 315184.
  3. SEC registered adviser data, annual Form ADV amendments filed 29 June 2022 to 31 March 2026. Items 1.F and 5.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. The logo is reproduced for identification from Solpacific, LLC, website.

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