Skip to content

TRP Capital Advisors V

Private funds

Birmingham, MICRD 306604Updated

TRP Capital Advisors V is an investment adviser based in Birmingham, MI, registered with the SEC since 2020. It provides investment management. Its clients include pooled investment vehicles. Its regulatory assets under management total $691 million, as filed on 30 March 2026.

14
Clients
Not reported
AUM per individual client
9
Advisory staff
1
Offices

From Form ADV filed 30 March 2026SEC record

Services and clients

TRP Capital Advisors V provides portfolio management for pooled vehicles. The firm advises 11 private funds.

TRP Capital Advisors V reports 14 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($691M across 14 accounts) are managed with discretion.

Clients and assets by client type
Clients14 clients
Assets$691M
Share of clients and assets by client type
Client typeClientsAssets
Pooled investment vehicles100%100%
Client breakdown and activity details
Pooled investment vehicles
Clients
14
Regulatory AUM
$691M
AUM share
100.0%
Avg. per client
$49.4M

Total

Clients
14
Regulatory AUM
$691M
AUM share
100%
Avg. per client
$49.4M
Clients outside the U.S.
0%
Clients advised without assets under management last fiscal year
0
Private funds advised
11

Fees and minimums

TRP Capital Advisors V is paid through a percentage of assets under management, performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

David Mitchell owns 25% to 50% of TRP Capital Advisors V. The leadership team of TRP Capital Advisors V includes Chief Compliance Officer Karen Supina. It has 11 employees, 9 of them in advisory roles.

Leadership

  • Karen Supina
    Chief Compliance Officer
  • Steven Carrel
    Partner
  • Michael Dirienzo
    Partner
  • David Mitchell
    Managing Partner

Staff

  • 11 employees
  • 9 in advisory functions
Who owns the firm
TRP Capital Advisors V, LLC· the adviser
  • David Mitchell

    Control person · since December 2019

    Owns 25% to 50% of TRP Capital Advisors V, LLC
  • Steven Carrel

    Control person · since December 2019

    Owns 25% to 50% of TRP Capital Advisors V, LLC
  • Michael Dirienzo

    Control person · since December 2019

    Owns 25% to 50% of TRP Capital Advisors V, LLC

Growth and acquisitions

TRP Capital Advisors V’s regulatory assets grew 5.0× from $139M (March 2021) to $691M (March 2026); clients rose from 3 to 14 and employees from 8 to 11.

By annual filing
Measure
Figures from each annual filing
TRP Capital Advisors V figures from each annual Form ADV filing
FiledRegulatory AUMClientsEmployeesOffices
March 2026$691M14111
March 2025$637M10111
March 2024$300M10101
March 2023$278M1091
March 2022$210M991
March 2021$139M381

Offices and registration details

Besides its headquarters, TRP Capital Advisors V has 0 offices, with 1 listed address in Michigan.

Listed office addresses in Michigan
Birmingham

Michigan · 1 listed address

  • 380 N Old Woodward Avenue, Ste 205, BirminghamHQ

Other business names

TRP Capital Advisors V has reported 1 other business name to the SEC.

  • TRP Capital Partners

Contact and registration details

Legal name
TRP Capital Advisors V, LLC
Headquarters
380 N Old Woodward Avenue, Ste 205, Birmingham, MI 48009
Website
Not reported
SEC file
801-118481
Structure
Delaware LLC
Fiscal year end
December

Custodians

TRP Capital Advisors V has custody of $691M in client assets for 14 clients.

Common questions

How many clients does TRP Capital Advisors V have?

TRP Capital Advisors V has 14 clients and manages $691 million for them, as of March 2026. They include 14 pooled investment vehicles.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026

What services does TRP Capital Advisors V offer?

TRP Capital Advisors V 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 TRP Capital Advisors V have?

TRP Capital Advisors V has 0 investment adviser representatives registered with state securities authorities, out of 11 employees, and 9 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 TRP Capital Advisors V?

TRP Capital Advisors V’s direct owners are David Mitchell, Steven Carrel and Michael Dirienzo, each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026

How does TRP Capital Advisors V get paid?

TRP Capital Advisors V is paid through a percentage of assets under management, performance-based fees and other compensation. 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 TRP Capital Advisors V?

TRP Capital Advisors V’s main office is at 380 N Old Woodward Avenue, Ste 205, Birmingham, MI 48009. Its phone number is 248-648-2358.

Source: Form ADV Part 1A, Item 1.F, filed 30 March 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 30 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 306604.
  3. SEC registered adviser data, annual Form ADV amendments filed 24 March 2021 to 30 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.

Download source data (JSON)How this directory is compiledReport a correction