Pinegrove Opportunity Partners, LLC

• A percentage of assets under your management
• Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$2,929,344,404 as of October 2026, filing dated September 16, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Portfolio management for pooled investment vehicles (other than investment companies)
• Other

Legal name

Pinegrove Adviser LLC

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2014 (12 years)

Employees

Total: 17. Performing investment advisory functions: 12.

Wrap fee program participation

No.

Other offices (Schedule D, Section 1.F)

2 other offices, as of the October 2026 filing

Century City, CANew York, NY

States registered or notice-filed

1 state or jurisdiction

CA

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

2 Reports 2 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

• 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
• 11.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $1,047,890,107 in the October 2021 data and $2,929,344,404 in the October 2026 data, up 180%.

Total employees: 849 in October 2021 and 17 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. October 2026
   • Updated its list of owners and control persons (Schedule A).
2. April 2026
   • Regulatory assets under management went from $2,046,636,318 to $2,929,344,404 (+43%).
   • Added an office in Century City, CA.
   • Added an office in New York, NY.
   • No longer lists an office in Menlo Park, CA.
3. January 2026
   • Changed its legal name from Brookfield Asset MGMT Private Inst Capital Adviser (credit), LLC to Pinegrove Adviser LLC.
   • Employees performing advisory functions went from 1219 to 12.
   • Regulatory assets under management went from $816,009,083 to $2,046,636,318 (+151%).
   • No longer lists an office in Beijing.
   • No longer lists an office in Calgary.
   • No longer lists an office in Central.
   • No longer lists an office in Chicago, IL.
   • No longer lists an office in Cleveland, OH.
   • No longer lists an office in Dubai.
   • No longer lists an office in Frankfurt.
   • No longer lists an office in Hamilton.
   • No longer lists an office in Income at Raffles.
   • No longer lists an office in London.
   • No longer lists an office in Madrid.
   • No longer lists an office in Mumbai.
   • No longer lists an office in Perth.
   • No longer lists an office in San Francisco, CA.
   • No longer lists an office in Sao Paulo.
   • No longer lists an office in Seoul.
   • No longer lists an office in Shanghai.
   • No longer lists an office in Sydney.
   • No longer lists an office in Tokyo.
   • No longer lists an office in Toronto.
   • No longer lists an office in Washington, DC.
   • No longer lists an office in Westlake Village, CA.
   • No longer lists an office in Worthing.
   • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.