PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 5:04 AM ET

Sponsor Check › Sponsor group

AR

Advisory Research

One sponsor team, 23 deal companies · Chicago, IL

Grouped because: 23 shared people, 1 shared management entity, similar issuer names (21) · 15 issuers also list a director who sits on many unrelated issuers (not used to group) (automatic match from the filings) · not the same sponsor?

23deal companies
$2.18Breported sold
1,748investors
149Form D filings
2010–2026active
0new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Jan 7, 2026 · Courts (RECAP) last checked: Oct 24, 2026, 2:16 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Advisory Research is a sponsor group of 23 issuers that PartnerFacts links to one sponsor (shared people, similar issuer names, shared management entity, same person name on both filings; automatic match from the filings), filing 149 Form D filings between Jan 2010 and Jan 2026.

What this means One team, 23 deal companies, about 16 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.

Combined reported sold: $2.18B to 1,748 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (22), Other Banking and Financial Services (1). Issuers are based in IL (18), MN (3), Cayman Islands (as filed: E9) (1), United States (as filed: X1) (1).

What this means $2.18B raised across the group, about $1.25M per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: Christopher Crawshaw (17 issuers, executive officer, director, and promoter), Brien O'Brien (16 issuers, executive officer, director, and promoter), Cari Ann Hopfensperger (15 issuers, executive officer), David B. Heller (15 issuers, executive officer), Heather Calby (14 issuers, executive officer) and 65 more.

What this means The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 0 new offerings in the last 12 months; latest filing Jan 7, 2026.

What this means No new raise filed in the past year.

Adviser registration (Form ADV) on record: ADVISORY RESEARCH INC.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — 1 court case matching the name, 2 bankruptcy cases matching the name listed in Key records below.

What this means 3 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared the newest 50 of 149 public filings for Advisory Research and found 13 differences, 2 worth asking the sponsor about: Amount sold went down between filings; 26 people are no longer listed on a later amendment; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Advisory Research has not run yet — it is joining a line of 5,734 names; searches run around the clock at the hosts' allowed rate. Searched so far: 27 names.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

1 case: 1 dismissed

Estabrook v. Piper Jaffray Companies dismissed
District Court, N.D. Illinois · No. 1:07-cv-01228 · Filed Mar 2, 2007 · Closed Jul 5, 2007 · Nature of suit: Contract: Other · Cause: 28:1332 Diversity-Other Contract
Role of Piper Jaffray Companies: Defendant · Outcome: Terminated 2007-07-05 — FJC Integrated Database disposition: Dismissed: other Docket on CourtListener ↗
exact company name; court in IL (not the issuer's state)
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:16 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: AZ, CA, DE, TX, WA (crawled Oct 23, 2026)

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Advisory Research..

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states are not covered.

3. Bankruptcies

2 cases: 2 closed (disposition not in docket feed)

PCT v. Advisory Research, Inc. closed matched at sponsor-group level (Advisory Research)
United States Bankruptcy Court, D. Delaware · No. 05-75464 · Filed Mar 7, 2005 · Closed Jun 14, 2006
Role of Advisory Research, Inc.: Defendant · Outcome: Case closed 2006-06-14 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; court in DE (not the issuer's state)
Advisory Research Services, Inc. closed
United States Bankruptcy Court, S.D. New York · No. 02-40678 · Filed Mar 13, 2002 · Closed Nov 21, 2002
Role of Advisory Research Services, Inc.: Party · Outcome: Case closed 2002-11-21 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
company name words appear in the caption; court in NY (not the issuer's state)
What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:16 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

13 differences found between the filings for Advisory Research — 2 worth asking about (compared the newest 50 of 149 filings on Oct 24, 2026; older filings not covered)

Worth asking · Feb 17, 2015 – Feb 17, 2016

Amount sold went down between filings — Advisory Research Small Cap Growth Fund, LLC

The Feb 17, 2015 filing says $19,520,807 sold; the Feb 17, 2016 Form D/A says $3,039,016 sold — $16,481,791 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D/A (earlier) · Feb 17, 2015 ↗Form D/A (later) · Feb 17, 2016 ↗Advisory Research Small Cap Growth Fund, LLC — PartnerFacts page ↗
Sources
Worth asking · Jan 9, 2017 – Jul 1, 2024

26 people are no longer listed on a later amendment

Gina Baeg is no longer listed on the Jul 1, 2024 amendment — ARI Founders Fund, LP · Gina Baeg is no longer listed on the Jan 12, 2024 amendment — Advisory Research Partners Fund, L.P. · Ellen Freeman is no longer listed on the Apr 7, 2022 amendment — ENDEAVOR FUND LLC · Ellen Freeman is no longer listed on the Feb 18, 2022 amendment — ADVISORY RESEARCH ENERGY FUND LP · Ellen Freeman is no longer listed on the Jan 20, 2022 amendment — Advisory Research Partners Fund, L.P. · and 21 more

What this means People leave; the issuer lists only current officers, directors and promoters. Ask why and who replaced them.

Form D/A · Jun 30, 2023 ↗Form D/A · Jul 1, 2024 ↗Gina Baeg — PartnerFacts page ↗ARI Founders Fund, LP — PartnerFacts page ↗
Sources
Note · Jun 1, 2021 – Jun 30, 2021

Form D filed 29 days after the first sale — ARI Founders Fund, LP

The filing says the first sale was Jun 1, 2021. The Form D was filed Jun 30, 2021 — 29 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 14 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Form D · Jun 30, 2021 ↗ARI Founders Fund, LP — PartnerFacts page ↗
Sources
Note · Jan 23, 2012 – Jan 10, 2025

30 role changes for the same people across filings

Matthew Swaim's role changed at Advisory Research Partners Fund, L.P.: director → executive officer, director · Matthew Swaim's role changed at ADVISORY RESEARCH ENERGY FUND LP: executive officer, director → director · Matthew Swaim's role changed at Advisory Research Partners Fund, L.P.: executive officer, director → director · Matthew Swaim's role changed at ADVISORY RESEARCH INTERNATONAL VALUE FUND LP: executive officer, director → director · Debbra Schoneman's role changed at ADVISORY RESEARCH ENERGY FUND LP: executive officer → director · and 25 more

What this means Roles on Form D are self-reported. Ask who runs the company today.

Form D/A · Jan 12, 2024 ↗Form D/A · Jan 10, 2025 ↗Matthew Swaim — PartnerFacts page ↗Advisory Research Partners Fund, L.P. — PartnerFacts page ↗
Sources
Note · Jun 22, 1999 – Jun 27, 2025

15 offerings have no amendment in the last 12 months and may still be open

No amendment in the last 12 months on an offering that may still be open — ARI Founders Fund, LP (latest filing Jun 27, 2025) · No amendment in the last 12 months on an offering that may still be open — ENDEAVOR FUND LLC (latest filing Apr 6, 2023) · No amendment in the last 12 months on an offering that may still be open — Advisory Research Small Cap Growth Fund, LLC (latest filing Nov 4, 2022) · No amendment in the last 12 months on an offering that may still be open — ADVISORY RESEARCH ENERGY FUND LP (latest filing Feb 18, 2022) · No amendment in the last 12 months on an offering that may still be open — ADVISORY RESEARCH INTERNATONAL VALUE FUND LP (latest filing Jan 6, 2021) · and 10 more

What this means SEC rules expect a yearly amendment while an offering is still going. Ask the sponsor which of these raises have closed.

Form D/A · Jun 27, 2025 ↗ARI Founders Fund, LP — PartnerFacts page ↗Form D/A · Apr 6, 2023 ↗ENDEAVOR FUND LLC — PartnerFacts page ↗
Sources
Note · Jul 25, 2012 – Jan 23, 2014

Debbra Schoneman is written 2 different ways on the filings

listed as "Debbra L. Schoneman" on 7 filings (from Jul 25, 2012), and "Debbra Schoneman" on 17 filings (from Jan 23, 2014).

What this means Same person, written differently — a middle name or suffix left off, or spelled another way. It is normal, but check that the full legal name matches your subscription documents.

Form D · Jul 25, 2012 ↗Form D/A · Jan 23, 2014 ↗Debbra Schoneman — PartnerFacts page ↗
Sources
Note · Jul 12, 2010 – Jan 26, 2011

Thomas Smith is written 2 different ways on the filings

listed as "Thomas G. Smith" on 7 filings (from Jul 12, 2010), and "Thomas Smith" on 65 filings (from Jan 26, 2011).

What this means Same person, written differently — a middle name or suffix left off, or spelled another way. It is normal, but check that the full legal name matches your subscription documents.

Form D · Jul 12, 2010 ↗Form D/A · Jan 26, 2011 ↗Thomas Smith — PartnerFacts page ↗
Sources
Note · Apr 22, 2014 – Feb 21, 2020

8 address changes between filings

Address moved from Minneapolis, MN to Chicago, IL — ADVISORY RESEARCH ENERGY FUND LP · Address moved from Minneapolis, MN to Chicago, IL — ADVISORY RESEARCH INTERNATONAL VALUE FUND LP · Address moved from Chicago, IL to Minneapolis, MN — ADVISORY RESEARCH ENERGY FUND LP · Address moved from Chicago, IL to Minneapolis, MN — ADVISORY RESEARCH INTERNATONAL VALUE FUND LP · Address moved from Chicago, IL to Minneapolis, MN — ADVISORY RESEARCH SMALL CAP VALUE FUND II LP · and 3 more

What this means Businesses move. If you were told one city and the forms say another, ask which is current.

Form D/A · Feb 22, 2019 ↗Form D/A · Feb 21, 2020 ↗ADVISORY RESEARCH ENERGY FUND LP — PartnerFacts page ↗Form D/A · Jan 4, 2019 ↗
Sources
Note · Aug 4, 2015 – Nov 7, 2016

Minimum investment changed between filings — Piper Jaffray Municipal Opportunities Fund II, L.P.

The Aug 4, 2015 filing lists a minimum of $2,000,000; the Nov 7, 2016 Form D/A lists $250,000.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Aug 4, 2015 ↗Form D/A (later) · Nov 7, 2016 ↗Piper Jaffray Municipal Opportunities Fund II, L.P. — PartnerFacts page ↗
Sources
Note · Apr 22, 2016 – Jan 7, 2026

12 issuers use a registered-agent or shared-office address

Address on file is a registered agent / shared office — Advisory Research Partners Fund, L.P. · Address on file is a registered agent / shared office — ARI Founders Fund, LP · Address on file is a registered agent / shared office — ENDEAVOR FUND LLC · Address on file is a registered agent / shared office — ADVISORY RESEARCH ENERGY FUND LP · Address on file is a registered agent / shared office — ADVISORY RESEARCH INTERNATONAL VALUE FUND LP · and 7 more

What this means A registered agent's address is a mailbox, not where the team works. Ask where the business operates.

Form D/A · Jan 7, 2026 ↗Advisory Research Partners Fund, L.P. — PartnerFacts page ↗Form D/A · Jun 27, 2025 ↗ARI Founders Fund, LP — PartnerFacts page ↗
Sources
Note · Feb 10, 2010 – Jan 7, 2026

Member companies were formed in 4 different states

Delaware (20), Wisconsin (1), Illinois (1), Cayman Islands (1) — out of 23 member issuers. The odd ones out: ENDEAVOR FUND LLC (Wisconsin); ADVISORY RESEARCH MICROCAP VALUE FUND LP (Illinois); Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd. (Cayman Islands).

What this means Sponsors often form each deal company in Delaware or Wyoming no matter where the property is. A mix is common; it just tells you which state's rules each company lives under.

Advisory Research — sponsor group page ↗ENDEAVOR FUND LLC — PartnerFacts page ↗ADVISORY RESEARCH MICROCAP VALUE FUND LP — PartnerFacts page ↗Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd. — PartnerFacts page ↗
Sources
Note · Feb 10, 2010 – Jan 7, 2026

Member companies list addresses in 4 different states

IL (18), MN (3), United States (as filed: X1) (1), Cayman Islands (as filed: E9) (1). 17 members use a registered-agent or shared-office address: ENDEAVOR FUND LLC (180 N. Stetson, Suite 5425, Chicago, IL); ADVISORY RESEARCH MICROCAP VALUE FUND LP (180 North Stetson Ave, Suite 5500, Chicago, IL); ADVISORY RESEARCH SMALL CAP VALUE FUND LP (180 North Stetson Ave, Suite 5500, Chicago, IL); ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L P (180 N Stetson Ave, Suite 5500, Chicago, IL).

What this means A registered agent's address is a mailbox, not where the team works. The other address is more likely the real office — ask which one is.

Advisory Research — sponsor group page ↗ENDEAVOR FUND LLC — PartnerFacts page ↗ADVISORY RESEARCH MICROCAP VALUE FUND LP — PartnerFacts page ↗ADVISORY RESEARCH SMALL CAP VALUE FUND LP — PartnerFacts page ↗
Sources
Note · Feb 11, 2010 – Nov 4, 2022

4 issuers used a different name before

Issuer used a different name before — Advisory Research Small Cap Growth Fund, LLC · Issuer used a different name before — ADVISORY RESEARCH SMALL CAP VALUE FUND LP · Issuer used a different name before — Piper Jaffray Municipal Opportunities Fund II, L.P. · Issuer used a different name before — Advisory Research Opportunities Fund, L.P.

What this means Match the CIK on your documents, not just the name.

EDGAR filer page ↗Advisory Research Small Cap Growth Fund, LLC — PartnerFacts page ↗EDGAR filer page ↗ADVISORY RESEARCH SMALL CAP VALUE FUND LP — PartnerFacts page ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. We compared the newest 50 of 149 filings (work cap); older filings are not covered here. As of Oct 24, 2026.

5. Money to insiders

3 of 28 offerings report sales commissions totalling $1,377,370; 1 reports finder's fees totalling $20,000; 1 reports proceeds to related persons totalling $16,060,122. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Jan 7, 2026 D/A
Advisory Research Partners Fund, L.P.
File 021-303737
$0$0$0None listed on this filingEDGAR ↗
Jun 27, 2025 D/A
ARI Founders Fund, LP
File 021-404790
$0$0$0None listed on this filingEDGAR ↗
Apr 6, 2023 D/A
ENDEAVOR FUND LLC
File 021-394875
$0$0$0None listed on this filingEDGAR ↗
Nov 4, 2022 D/A
Advisory Research Small Cap Growth Fund, LLC
File 021-379974
$0$0$0None listed on this filingEDGAR ↗
Feb 18, 2022 D/A
ADVISORY RESEARCH ENERGY FUND LP
File 021-75399
$1,472 (est.)$0$0None listed on this filingEDGAR ↗
Jan 6, 2021 D/A
ADVISORY RESEARCH INTERNATONAL VALUE FUND LP
File 021-126766
$0$0$0None listed on this filingEDGAR ↗
Oct 15, 2019 D
PIPER JAFFRAY COMPANIES
File 021-351081
$0$0$0 (est.)None listed on this filingEDGAR ↗
Jan 4, 2018 D/A
ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LP
File 021-76132
$0$0$0None listed on this filingEDGAR ↗
Jan 4, 2018 D/A
ADVISORY RESEARCH SMALL CAP VALUE FUND II LP
File 021-126933
$0$0$0None listed on this filingEDGAR ↗
Jan 13, 2017 D/A
ADVISORY RESEARCH SMALL CAP VALUE FUND LP
File 021-39164
$0$0$0None listed on this filingEDGAR ↗
Jan 9, 2017 D/A
Advisory Research All Cap Value Fund LP
File 021-77200
$0$0$0None listed on this filingEDGAR ↗
Jan 9, 2017 D/A
ADVISORY RESEARCH MICROCAP VALUE FUND LP
File 021-39162
$0$0$0None listed on this filingEDGAR ↗
Jan 9, 2017 D/A
ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L P
File 021-42940
$0$0$0None listed on this filingEDGAR ↗
Nov 7, 2016 D/A
Piper Jaffray Municipal Opportunities Fund II, L.P.
File 021-181759
$0$0$0None listed on this filingEDGAR ↗
Jul 29, 2016 D/A
Advisory Research Global Small Cap Fund, L.P.
File 021-144720
$0$0$0None listed on this filingEDGAR ↗
Apr 22, 2016 D/A
Advisory Research Opportunities Fund, L.P.
File 021-178213
$0$0$0None listed on this filingEDGAR ↗
Feb 17, 2016 D/A
Advisory Research Small Cap Growth Fund, LLC
File 021-173942
$0$0$0 (est.)None listed on this filingEDGAR ↗
Nov 24, 2015 D
PIPER JAFFRAY COMPANIES
File 021-251863
$0$0$0 (est.)None listed on this filingEDGAR ↗
Mar 3, 2015 D/A
Piper Jaffray Municipal Opportunities Fund, L.P.
File 021-153024
$1,155,287 (est.)$20,000 (est.)$0Piper Jaffray & Co BrokerCheck CRD 665 ↗
via Piper Jaffray & Co (CRD 665 ↗)

Frontier Solutions, LLC BrokerCheck CRD 136102 ↗
via Frontier Solutions, LLC (CRD 136102 ↗)
EDGAR ↗
Mar 3, 2015 D/A
Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd.
File 021-192987
$220,611 (est.)$0$0Piper Jaffray & Co BrokerCheck CRD 665 ↗
via Piper Jaffray & Co (CRD 665 ↗)

Frontier Solutions, LLC BrokerCheck CRD 136102 ↗
via Frontier Solutions, LLC (CRD 136102 ↗)
EDGAR ↗
Jun 11, 2014 D
PIPER JAFFRAY COMPANIES
File 021-218983
$0$0$0 (est.)None listed on this filingEDGAR ↗
Dec 13, 2012 D
PIPER JAFFRAY COMPANIES
File 021-188286
$0$0$0 (est.)None listed on this filingEDGAR ↗
Jul 10, 2012 D/A
Advisory Research Small Cap Value Opportunity Fund, L.P.
File 021-162792
$0$0$0None listed on this filingEDGAR ↗
Jan 25, 2012 D/A
Advisory Research Value Income Fund L P
File 021-66036
$0$0$0None listed on this filingEDGAR ↗
Jan 25, 2012 D/A
Advisory Research Value Income Fund II L P
File 021-66035
$0$0$0None listed on this filingEDGAR ↗
Mar 9, 2010 D
PIPER JAFFRAY COMPANIES
File 021-137723
$0$0$16,060,122 (est.)None listed on this filingEDGAR ↗
Feb 11, 2010 D/A
ADVISORY RESEARCH LARGE CAP EQUITY FUND LP
File 021-39165
$0$0$0None listed on this filingEDGAR ↗
Feb 10, 2010 D/A
Advisory Research Global ALL Cap Fund L P
File 021-70133
$0$0$0None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 23 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 23, 2026, 8:59 PM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to Advisory Research in the sources searched.

Not found in sources searched as of Oct 23, 2026, 8:59 PM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Florida DOR NAL roll (Hillsborough 39) roll year 2026 — loaded Oct 23, 2026, 8:54 PM ET; Florida DOR NAL roll (Dade 23) roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Hillsborough County FL (recorded documents from Oct 14, 2026 forward; ownership from FL DOR roll 2026); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed); Harris County TX and Dallas County TX (assessor ownership rolls only, 2026 roll; no deed, mortgage or sale records); Miami-Dade County FL (ownership from FL DOR roll only; Clerk recorded documents not covered). Recorder indexes for TX, AZ, IL and WA counties, mortgages and liens outside NYC and FL, lis pendens and foreclosure notices everywhere, Miami-Dade County FL recorded documents, Maricopa County AZ, King County WA, Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗PJ PIPER JAFFRAY COMPANIESshared people, same person name on both filings, similar issuer namesMINNEAPOLIS, MNOther Banking and Financial Services6$175,000,000
offering $175,000,000 · similar: $2,144,500–$20,220,000
38
similar: 2–24
$175,000,000
similar: $10,000–$100,000
2010–2019
EDGAR ↗AR Advisory Research All Cap Value Fund LPshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund10$25,314,916
offering Indefinite · similar: $155,000–$5,250,000
50
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2017
EDGAR ↗AR Advisory Research Global ALL Cap Fund L Pshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund1$8,513,26320$500,0002010–2010
EDGAR ↗AR ADVISORY RESEARCH ENERGY FUND LPshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund13$239,767,795
offering Indefinite · similar: $155,000–$5,250,000
117
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2022
EDGAR ↗AR ADVISORY RESEARCH INTERNATONAL VALUE FUND LPshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund13$187,586,033
offering Indefinite · similar: $155,000–$5,250,000
175
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2021
EDGAR ↗AR ADVISORY RESEARCH MICROCAP VALUE FUND LPshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund8$156,636,225
offering Indefinite · similar: $155,000–$5,250,000
187
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2017
EDGAR ↗AR ADVISORY RESEARCH SMALL CAP VALUE FUND LPshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund8$99,630,006
offering Indefinite · similar: $155,000–$5,250,000
108
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2017
EDGAR ↗AR ADVISORY RESEARCH LARGE CAP EQUITY FUND LPshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund1$23,236,95271$500,0002010–2010
EDGAR ↗AR ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L Pshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund8$107,160,762
offering Indefinite · similar: $155,000–$5,250,000
112
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2017
EDGAR ↗AR Advisory Research Value Income Fund L Pshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund3$208,136,579159$500,0002010–2012
EDGAR ↗AR Advisory Research Value Income Fund II L Pshared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund3$51,447,50439$500,0002010–2012
EDGAR ↗AR ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPshared people, same person name on both filings, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund9$242,561,300
offering Indefinite · similar: $155,000–$5,250,000
201
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2018
EDGAR ↗AR ADVISORY RESEARCH SMALL CAP VALUE FUND II LPshared people, same person name on both filings, similar issuer names, director listed on many unrelated issuers (not used to group)60601, ILPooled Investment Fund9$179,290,093
offering Indefinite · similar: $155,000–$5,250,000
103
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2018
EDGAR ↗AR Advisory Research Global Small Cap Fund, L.P.shared people, same person name on both filings, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund7$8,805,000
offering Indefinite · similar: $155,000–$5,250,000
10
similar: 4–27
$500,000
similar: $1,000–$100,000
2010–2016
EDGAR ↗PJ Piper Jaffray Municipal Opportunities Fund, L.P.shared people, similar issuer namesMINNEAPOLIS, MNPooled Investment Fund7$164,295,065
offering Indefinite · similar: $155,000–$5,250,000
42
similar: 4–27
$250,000
similar: $1,000–$100,000
2011–2015
EDGAR ↗AR Advisory Research Small Cap Value Opportunity Fund, L.P.shared people, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund2$1,250,0009$500,0002011–2012
EDGAR ↗AR Advisory Research Small Cap Growth Fund, LLCshared people, similar issuer namesCHICAGO, United States (as filed: X1)Pooled Investment Fund9$25,359,375
offering Indefinite · similar: $155,000–$5,250,000
42
similar: 4–27
$250,000
similar: $1,000–$100,000
2012–2022
EDGAR ↗AR Advisory Research Opportunities Fund, L.P.shared people, same person name on both filings, similar issuer names, director listed on many unrelated issuers (not used to group)CHICAGO, ILPooled Investment Fund6$28,713,452
offering Indefinite · similar: $155,000–$5,250,000
40
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2012–2016
EDGAR ↗PJ Piper Jaffray Municipal Opportunities Fund II, L.P.shared people, similar issuer namesMINNEAPOLIS, MNPooled Investment Fund6$42,436,611
offering Indefinite · similar: $155,000–$5,250,000
13
similar: 4–27
$250,000
similar: $1,000–$100,000
2012–2016
EDGAR ↗PJ Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd.shared people, similar issuer namesGRAND CAYMAN, Cayman Islands (as filed: E9)Pooled Investment Fund3$20,697,000
offering Indefinite · similar: $155,000–$5,250,000
15
similar: 4–27
$250,000
similar: $1,000–$100,000
2013–2015
EDGAR ↗AR Advisory Research Partners Fund, L.P.shared people, shared management entity, similar issuer namesCHICAGO, ILPooled Investment Fund9$207,687,372
offering Indefinite · similar: $155,000–$5,250,000
179
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2018–2026
EDGAR ↗EF ENDEAVOR FUND LLCshared peopleCHICAGO, ILPooled Investment Fund3$1,100,000
offering Indefinite · similar: $155,000–$5,250,000
3
similar: 4–27
$500,000
similar: $1,000–$100,000
2021–2023
EDGAR ↗AF ARI Founders Fund, LPshared people, shared management entityCHICAGO, ILPooled Investment Fund5$2,800,000
offering Indefinite · similar: $155,000–$5,250,000
15
similar: 4–27
$250,000
similar: $1,000–$100,000
2021–2025

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 filings); Other Banking and Financial Services / 506(b) (1,630 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗Jan 7, 2026Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$207,687,372
EDGAR ↗Jun 27, 2025ARI Founders Fund, LPD/APooled Investment FundIndefinite$2,800,000
EDGAR ↗Jan 10, 2025Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$137,142,953
EDGAR ↗Jul 1, 2024ARI Founders Fund, LPD/APooled Investment FundIndefinite$2,800,000
EDGAR ↗Jan 12, 2024Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$62,337,898
EDGAR ↗Jun 30, 2023ARI Founders Fund, LPD/APooled Investment FundIndefinite$2,800,000
EDGAR ↗Apr 6, 2023ENDEAVOR FUND LLCD/APooled Investment FundIndefinite$1,100,000
EDGAR ↗Jan 13, 2023Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$47,257,698
EDGAR ↗Nov 4, 2022Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$564,000
EDGAR ↗Jun 30, 2022ARI Founders Fund, LPD/APooled Investment FundIndefinite$2,800,000
EDGAR ↗Apr 7, 2022ENDEAVOR FUND LLCD/APooled Investment FundIndefinite$1,100,000
EDGAR ↗Feb 18, 2022ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,767,795
EDGAR ↗Jan 20, 2022Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$33,760,321
EDGAR ↗Nov 5, 2021Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$506,000
EDGAR ↗Jun 30, 2021ARI Founders Fund, LPDPooled Investment FundIndefinite$2,730,000
EDGAR ↗Apr 7, 2021ENDEAVOR FUND LLCDPooled Investment FundIndefinite$1,100,000
EDGAR ↗Feb 19, 2021ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,767,795
EDGAR ↗Jan 21, 2021Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$28,331,321
EDGAR ↗Jan 6, 2021ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$187,586,033
EDGAR ↗Nov 6, 2020Advisory Research Small Cap Growth Fund, LLCDPooled Investment FundIndefinite$100,000
EDGAR ↗Feb 21, 2020ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,767,795
EDGAR ↗Jan 17, 2020Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$26,706,673
EDGAR ↗Jan 6, 2020ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$187,586,033
EDGAR ↗Oct 15, 2019PIPER JAFFRAY COMPANIESDOther Banking and Financial Services$175,000,000$175,000,000
EDGAR ↗Feb 22, 2019ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,767,795
EDGAR ↗Jan 18, 2019Advisory Research Partners Fund, L.P.D/APooled Investment FundIndefinite$18,910,633
EDGAR ↗Jan 4, 2019ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$187,586,033
EDGAR ↗Feb 23, 2018ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,767,795
EDGAR ↗Jan 19, 2018Advisory Research Partners Fund, L.P.DPooled Investment FundIndefinite$11,688,000
EDGAR ↗Jan 4, 2018ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$179,290,093
EDGAR ↗Jan 4, 2018ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$187,586,033
EDGAR ↗Jan 4, 2018ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$242,561,300
EDGAR ↗Feb 23, 2017ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,767,795
EDGAR ↗Jan 13, 2017ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$99,450,006
EDGAR ↗Jan 9, 2017ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$187,586,033
EDGAR ↗Jan 9, 2017ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$242,561,300
EDGAR ↗Jan 9, 2017Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Jan 9, 2017ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$179,290,093
EDGAR ↗Jan 9, 2017ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$156,636,225
EDGAR ↗Jan 9, 2017ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$107,160,762
EDGAR ↗Nov 7, 2016Piper Jaffray Municipal Opportunities Fund II, L.P.D/APooled Investment FundIndefinite$42,436,611
EDGAR ↗Jul 29, 2016Advisory Research Global Small Cap Fund, L.P.D/APooled Investment FundIndefinite$8,805,000
EDGAR ↗Apr 22, 2016Advisory Research Opportunities Fund, L.P.D/APooled Investment FundIndefinite$28,713,452
EDGAR ↗Feb 22, 2016ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$239,515,158
EDGAR ↗Feb 17, 2016Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$3,039,016
EDGAR ↗Jan 8, 2016ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$179,290,093
EDGAR ↗Jan 8, 2016ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$187,061,033
EDGAR ↗Jan 8, 2016Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Jan 8, 2016ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$242,261,300
EDGAR ↗Jan 8, 2016ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$107,160,762
EDGAR ↗Jan 8, 2016ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$99,450,006
EDGAR ↗Jan 8, 2016ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$156,636,225
EDGAR ↗Nov 24, 2015PIPER JAFFRAY COMPANIESDOther Banking and Financial Services$47,911,000$47,911,000
EDGAR ↗Aug 4, 2015Piper Jaffray Municipal Opportunities Fund II, L.P.D/APooled Investment FundIndefinite$35,010,000
EDGAR ↗Jul 29, 2015Advisory Research Global Small Cap Fund, L.P.D/APooled Investment FundIndefinite$400,000
EDGAR ↗Apr 24, 2015Advisory Research Opportunities Fund, L.P.D/APooled Investment FundIndefinite$26,762,017
EDGAR ↗Mar 3, 2015Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd.D/APooled Investment FundIndefinite$20,697,000
EDGAR ↗Mar 3, 2015Piper Jaffray Municipal Opportunities Fund, L.P.D/APooled Investment FundIndefinite$162,920,105
EDGAR ↗Mar 3, 2015Piper Jaffray Municipal Opportunities Fund, L.P.D/APooled Investment FundIndefinite$164,295,065
EDGAR ↗Feb 17, 2015Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$19,520,807
EDGAR ↗Jan 29, 2015ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$238,741,756
EDGAR ↗Jan 12, 2015ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$242,261,300
EDGAR ↗Jan 9, 2015ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$179,290,093
EDGAR ↗Jan 9, 2015ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$186,761,033
EDGAR ↗Jan 9, 2015ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$186,761,033
EDGAR ↗Jan 9, 2015Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Jan 9, 2015Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Jan 9, 2015ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$107,035,762
EDGAR ↗Jan 9, 2015ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$99,630,006
EDGAR ↗Jan 9, 2015ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$156,636,225
EDGAR ↗Aug 4, 2014Piper Jaffray Municipal Opportunities Fund II, L.P.D/APooled Investment FundIndefinite$35,010,000
EDGAR ↗Jul 29, 2014Advisory Research Global Small Cap Fund, L.P.D/APooled Investment FundIndefinite$400,000
EDGAR ↗Jun 11, 2014PIPER JAFFRAY COMPANIESDOther Banking and Financial Services$50,000,000$0
EDGAR ↗Apr 24, 2014Advisory Research Opportunities Fund, L.P.D/APooled Investment FundIndefinite$21,762,017
EDGAR ↗Apr 22, 2014Advisory Research Opportunities Fund, L.P.D/APooled Investment FundIndefinite$21,762,017
EDGAR ↗Mar 11, 2014Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$21,221,875
EDGAR ↗Mar 7, 2014Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd.D/APooled Investment FundIndefinite$13,680,000
EDGAR ↗Mar 7, 2014Piper Jaffray Municipal Opportunities Fund, L.P.D/APooled Investment FundIndefinite$149,157,726
EDGAR ↗Jan 24, 2014ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$178,690,093
EDGAR ↗Jan 24, 2014ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$241,536,300
EDGAR ↗Jan 24, 2014ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$107,035,762
EDGAR ↗Jan 24, 2014ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$99,434,473
EDGAR ↗Jan 23, 2014ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$186,264,033
EDGAR ↗Jan 23, 2014ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$200,863,550
EDGAR ↗Jan 23, 2014ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$156,636,225
EDGAR ↗Jan 22, 2014Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Aug 2, 2013Piper Jaffray Municipal Opportunities Fund II, L.P.D/APooled Investment FundIndefinite$35,000,000
EDGAR ↗Jul 9, 2013Advisory Research Global Small Cap Fund, L.P.D/APooled Investment FundIndefinite$400,000
EDGAR ↗Jun 11, 2013Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$25,359,375
EDGAR ↗May 22, 2013Advisory Research Small Cap Growth Fund, LLCD/APooled Investment FundIndefinite$25,359,375
EDGAR ↗May 10, 2013Advisory Research Opportunities Fund, L.P.D/APooled Investment FundIndefinite$15,029,033
EDGAR ↗Mar 8, 2013Piper Jaffray Municipal Opportunities Fund (Offshore), Ltd.DPooled Investment FundIndefinite$650,000
EDGAR ↗Mar 8, 2013Piper Jaffray Municipal Opportunities Fund, L.P.D/APooled Investment FundIndefinite$113,655,958
EDGAR ↗Jan 24, 2013ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$175,390,093
EDGAR ↗Jan 24, 2013ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$240,103,500
EDGAR ↗Jan 24, 2013ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$97,361,973
EDGAR ↗Jan 24, 2013ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$98,080,139
EDGAR ↗Jan 23, 2013ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$198,550,071
EDGAR ↗Jan 23, 2013ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$156,574,213
EDGAR ↗Jan 22, 2013ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$182,374,033
EDGAR ↗Jan 22, 2013Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Jan 22, 2013Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,314,916
EDGAR ↗Dec 13, 2012PIPER JAFFRAY COMPANIESDOther Banking and Financial Services$125,000,000$125,000,000
EDGAR ↗Aug 23, 2012Piper Jaffray Municipal Opportunities Fund, L.P.D/APooled Investment FundIndefinite$54,959,903
EDGAR ↗Aug 2, 2012Piper Jaffray Municipal Opportunities Fund II, L.P.D/APooled Investment FundIndefinite$30,000,000
EDGAR ↗Jul 25, 2012Piper Jaffray Municipal Opportunities Fund II, L.P.DPooled Investment FundIndefinite$30,000,000
EDGAR ↗Jul 10, 2012Advisory Research Small Cap Value Opportunity Fund, L.P.D/APooled Investment FundIndefinite$1,250,000
EDGAR ↗Jul 10, 2012Advisory Research Global Small Cap Fund, L.P.D/APooled Investment FundIndefinite$400,000
EDGAR ↗May 14, 2012Advisory Research Opportunities Fund, L.P.DPooled Investment FundIndefinite$1,750,000
EDGAR ↗Feb 24, 2012Advisory Research Small Cap Growth Fund, LLCDPooled Investment FundIndefinite$13,981,050
EDGAR ↗Jan 25, 2012ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$240,103,500
EDGAR ↗Jan 25, 2012Advisory Research Value Income Fund II L PD/APooled Investment FundIndefinite$51,447,504
EDGAR ↗Jan 25, 2012Advisory Research Value Income Fund L PD/APooled Investment FundIndefinite$208,136,579
EDGAR ↗Jan 25, 2012ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$97,046,973
EDGAR ↗Jan 24, 2012ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$168,540,804
EDGAR ↗Jan 24, 2012ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$98,080,139
EDGAR ↗Jan 24, 2012ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$156,124,213
EDGAR ↗Jan 23, 2012ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$178,608,744
EDGAR ↗Jan 23, 2012Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,214,916
EDGAR ↗Jan 23, 2012ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$174,550,571
EDGAR ↗Aug 23, 2011Piper Jaffray Municipal Opportunities Fund, L.P.D/APooled Investment FundIndefinite$1,250,000
EDGAR ↗Jul 13, 2011Advisory Research Small Cap Value Opportunity Fund, L.P.DPooled Investment FundIndefinite$750,000
EDGAR ↗Jul 11, 2011Advisory Research Global Small Cap Fund, L.P.D/APooled Investment FundIndefinite$400,000
EDGAR ↗Feb 4, 2011Advisory Research Value Income Fund II L PD/APooled Investment FundIndefinite$50,947,504
EDGAR ↗Feb 4, 2011Advisory Research Value Income Fund L PD/APooled Investment FundIndefinite$206,051,579
EDGAR ↗Jan 31, 2011ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$229,003,500
EDGAR ↗Jan 31, 2011ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$94,046,973
EDGAR ↗Jan 28, 2011ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$161,574,930
EDGAR ↗Jan 28, 2011ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$97,680,139
EDGAR ↗Jan 26, 2011ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$175,254,157
EDGAR ↗Jan 26, 2011Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,214,916
EDGAR ↗Jan 26, 2011ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$165,750,235
EDGAR ↗Jan 26, 2011ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$154,710,213
EDGAR ↗Jan 5, 2011Piper Jaffray Municipal Opportunities Fund, L.P.DPooled Investment FundIndefinite$1,250,000
EDGAR ↗Jul 12, 2010Advisory Research Global Small Cap Fund, L.P.DPooled Investment FundIndefinite$375,000
EDGAR ↗Mar 9, 2010PIPER JAFFRAY COMPANIESDOther Banking and Financial Services$39,662,793$39,662,793
EDGAR ↗Feb 11, 2010ADVISORY RESEARCH SMALL CAP VALUE FUND II LPD/APooled Investment FundIndefinite$159,974,930
EDGAR ↗Feb 11, 2010ADVISORY RESEARCH SMALL MID CAP VALUE EQUITY FUND II LPD/APooled Investment FundIndefinite$228,852,474
EDGAR ↗Feb 11, 2010Advisory Research Value Income Fund II L PD/APooled Investment FundIndefinite$50,597,504
EDGAR ↗Feb 11, 2010Advisory Research Value Income Fund L PD/APooled Investment FundIndefinite$172,849,600
EDGAR ↗Feb 11, 2010ADVISORY RESEARCH SMALL/MIDCAP VALUE EQUITY FUND L PD/APooled Investment FundIndefinite$92,527,447
EDGAR ↗Feb 11, 2010ADVISORY RESEARCH LARGE CAP EQUITY FUND LPD/APooled Investment FundIndefinite$23,236,952
EDGAR ↗Feb 11, 2010ADVISORY RESEARCH SMALL CAP VALUE FUND LPD/APooled Investment FundIndefinite$97,380,139
EDGAR ↗Feb 11, 2010ADVISORY RESEARCH MICROCAP VALUE FUND LPD/APooled Investment FundIndefinite$153,462,818
EDGAR ↗Feb 10, 2010ADVISORY RESEARCH INTERNATONAL VALUE FUND LPD/APooled Investment FundIndefinite$173,213,642
EDGAR ↗Feb 10, 2010Advisory Research All Cap Value Fund LPD/APooled Investment FundIndefinite$25,214,916
EDGAR ↗Feb 10, 2010ADVISORY RESEARCH ENERGY FUND LPD/APooled Investment FundIndefinite$164,493,235
EDGAR ↗Feb 10, 2010Advisory Research Global ALL Cap Fund L PD/APooled Investment FundIndefinite$8,513,263
EDGAR ↗Jan 12, 2010PIPER JAFFRAY COMPANIESDOther Banking and Financial Services$120,000,000$120,000,000

Activity: 0 new offerings in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Jan 7, 2026. Industry history, as reported on each offering's latest filing: Previous offerings: Other Banking and Financial Services (2010), Pooled Investment Fund (2010–2012), Other Banking and Financial Services (2012), Pooled Investment Fund (2013), Other Banking and Financial Services (2014–2015), Pooled Investment Fund (2018), Other Banking and Financial Services (2019). Latest offering: Pooled Investment Fund (2020–2021; most recent Jun 30, 2021).

People across the group

NameRolesIssuers hereFirst → last listed
CC Christopher CrawshawExecutive Officer, Director, Promoter17Feb 10, 2010 → Feb 23, 2017
BB Brien O'BrienExecutive Officer, Promoter, Director16Feb 10, 2010 → Apr 22, 2014
CH Cari Ann HopfenspergerExecutive Officer15Feb 10, 2010 → Jul 10, 2012
DH David B. HellerExecutive Officer15Feb 10, 2010 → Jan 25, 2012
TS Thomas SmithDirector14Jul 12, 2010 → Feb 23, 2017
HC Heather CalbyExecutive Officer14Jan 5, 2011 → Jul 29, 2015
JG John GallopDirector13Feb 10, 2010 → Feb 4, 2011
DS Debbra SchonemanExecutive Officer, Director12Jan 12, 2010 → Oct 15, 2019
LM Laura MoretExecutive Officer11Jan 23, 2014 → Feb 22, 2019
TC Timothy L. CarterExecutive Officer10Jan 23, 2014 → Oct 15, 2019
SS Susan SteinerExecutive Officer10Jan 22, 2013 → Jan 18, 2019
MS Matthew SwaimExecutive Officer, Director8Jan 4, 2018 → Jan 7, 2026
TC Tim CarterExecutive Officer8Jan 9, 2015 → Jan 29, 2015
BZ Bruce ZessarExecutive Officer, Director6Jan 6, 2020 → Jan 7, 2026
EF Ellen FreemanDirector, Executive Officer5Jan 6, 2020 → Apr 7, 2021
JC Jim CunnaneExecutive Officer, Director5Jan 4, 2018 → Feb 22, 2019
GB Gina BaegDirector4Nov 4, 2022 → Jun 30, 2023
MW Martin Bradley WingesExecutive Officer, Director4Aug 23, 2011 → Nov 7, 2016
SQ Shawn QuantExecutive Officer3Jul 25, 2012 → Oct 15, 2019
AR Advisory Research, Inc. entityDirector2Jan 19, 2018 → Jan 7, 2026
TC Timothy CarterExecutive Officer2Aug 23, 2011 → Nov 7, 2016
AM Ann C. McCagueExecutive Officer2Aug 23, 2011 → Mar 3, 2015
ES Elizabeth A. SmithExecutive Officer2Aug 23, 2011 → Jul 25, 2012
LC Laura I. ChellExecutive Officer2Aug 23, 2011 → Jul 25, 2012
AP ARI Partners GP LLC entityDirector1Jan 19, 2018 → Jan 7, 2026
TS Thomas S. Schreier, Jr.Director1Oct 15, 2019 → Oct 15, 2019
BJ B. Kristine JohnsonDirector1Jan 12, 2010 → Oct 15, 2019
FF Frank E. FairmanExecutive Officer1Jan 12, 2010 → Oct 15, 2019
TS Thomas P. SchnettlerExecutive Officer1Jan 12, 2010 → Oct 15, 2019
AP Addison L. PiperDirector1Jan 12, 2010 → Oct 15, 2019
JG John W. GeelanExecutive Officer1Jun 11, 2014 → Oct 15, 2019
PS Philip E. SoranDirector1Jun 11, 2014 → Oct 15, 2019
CA Chad R. AbrahamExecutive Officer, Director1Dec 13, 2012 → Oct 15, 2019
ST Scott C. TaylorDirector1Jun 11, 2014 → Oct 15, 2019
WF William R. FitzgeraldDirector1Jun 11, 2014 → Oct 15, 2019
RL R. Scott LaRueExecutive Officer1Jun 11, 2014 → Oct 15, 2019
VH Victoria M. HoltDirector1Oct 15, 2019 → Oct 15, 2019
SS Sherry M. SmithDirector1Oct 15, 2019 → Oct 15, 2019
JB James BakerExecutive Officer1Oct 15, 2019 → Oct 15, 2019
CE Christine EsckilsenExecutive Officer1Oct 15, 2019 → Oct 15, 2019
SS Steiner SusanExecutive Officer1Jan 23, 2013 → Feb 22, 2019
AC Andrew CuppsExecutive Officer1Feb 24, 2012 → Feb 17, 2016
LP Lisa K. PolskyDirector1Jan 12, 2010 → Nov 24, 2015
MV Michele VolpiDirector1Mar 9, 2010 → Nov 24, 2015
AD Andrew S. DuffExecutive Officer, Director1Jan 12, 2010 → Nov 24, 2015
JK Jeffrey P. KlinefelterExecutive Officer1Jun 11, 2014 → Nov 24, 2015
FF Francis E. FairmanExecutive Officer1Nov 24, 2015 → Nov 24, 2015
MF Mark FaganDirector1Mar 8, 2013 → Mar 3, 2015
GL Gary LinfordDirector1Mar 8, 2013 → Mar 3, 2015
LC Lora ChellExecutive Officer1Aug 23, 2012 → Mar 3, 2015
ES Elisabeth A. SmithExecutive Officer1Aug 23, 2012 → Mar 3, 2015
MW M. Brad WingesExecutive Officer1Jan 12, 2010 → Jun 11, 2014
JC James L. ChosyExecutive Officer1Jan 12, 2010 → Dec 13, 2012
MF Michael R. FrancisDirector1Jan 12, 2010 → Dec 13, 2012
FS Frank L. SimsDirector1Jan 12, 2010 → Dec 13, 2012
JT Jean M. TaylorDirector1Jan 12, 2010 → Dec 13, 2012
SL Scott LaRueExecutive Officer1Dec 13, 2012 → Dec 13, 2012
BW Brad WingesExecutive Officer1Dec 13, 2012 → Dec 13, 2012
HW Hope B. WoodhouseDirector1Dec 13, 2012 → Dec 13, 2012
BB Brien M. O'BrienExecutive Officer1Mar 9, 2010 → Dec 13, 2012

Adviser registration (Form ADV)

ADVISORY RESEARCH INC — SEC-registered investment adviser · SEC registration status as reported: “Approved” since Nov 7, 1978 · SEC file 801-14172 · Main office: CHICAGO, IL · IAPD record ↗ · Form ADV filing (PDF) ↗

Regulatory assets under management: $991,276,223 as reported on Form ADV filed Mar 20, 2026 (Item 5.F(2)(c)) · 444 accounts (Item 5.F(2)(f))

Websites listed on Form ADV (Item 1.I): ADVISORYRESEARCH.COM ↗

Item 11 disclosure questions as answered on Form ADV filed Mar 20, 2026: 0 of 24 answered “Yes”
  • No — Form ADV Item 11 asks: “Do any of the events below involve you or any of your supervised persons?”
  • No — Form ADV Item 11A(1) asks: “A. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to any felony?”
  • No — Form ADV Item 11A(2) asks: “A. (2) been charged with any felony?”
  • No — Form ADV Item 11B(1) asks: “B. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses?”
  • No — Form ADV Item 11B(2) asks: “B. (2) been charged with a misdemeanor listed in Item 11.B(1)?”
  • No — Form ADV Item 11C(1) asks: “C. Has the SEC or the Commodity Futures Trading Commission (CFTC) ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
  • No — Form ADV Item 11C(2) asks: “C. (2) found you or any advisory affiliate to have been involved in a violation of SEC or CFTC regulations or statutes?”
  • No — Form ADV Item 11C(3) asks: “C. (3) found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11C(4) asks: “C. (4) entered an order against you or any advisory affiliate in connection with investment-related activity?”
  • No — Form ADV Item 11C(5) asks: “C. (5) imposed a civil money penalty on you or any advisory affiliate, or ordered you or any advisory affiliate to cease and desist from any activity?”
  • No — Form ADV Item 11D(1) asks: “D. Has any other federal regulatory agency, any state regulatory agency, or any foreign financial regulatory authority: (1) ever found you or any advisory affiliate to have made a false statement or omission, or been dishonest, unfair, or unethical?”
  • No — Form ADV Item 11D(2) asks: “D. (2) ever found you or any advisory affiliate to have been involved in a violation of investment-related regulations or statutes?”
  • No — Form ADV Item 11D(3) asks: “D. (3) ever found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11D(4) asks: “D. (4) in the past ten years, entered an order against you or any advisory affiliate in connection with an investment-related activity?”
  • No — Form ADV Item 11D(5) asks: “D. (5) ever denied, suspended, or revoked your or any advisory affiliate's registration or license, or otherwise prevented you or any advisory affiliate, by order, from associating with an investment-related business or restricted your or any advisory affiliate's activity?”
  • No — Form ADV Item 11E(1) asks: “E. Has any self-regulatory organization or commodities exchange ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
  • No — Form ADV Item 11E(2) asks: “E. (2) found you or any advisory affiliate to have been involved in a violation of its rules (other than a violation designated as a "minor rule violation" under a plan approved by the SEC)?”
  • No — Form ADV Item 11E(3) asks: “E. (3) found you or any advisory affiliate to have been the cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11E(4) asks: “E. (4) disciplined you or any advisory affiliate by expelling or suspending you or the advisory affiliate from membership, barring or suspending you or the advisory affiliate from association with other members, or otherwise restricting your or the advisory affiliate's activities?”
  • No — Form ADV Item 11F asks: “F. Has an authorization to act as an attorney, accountant, or federal contractor granted to you or any advisory affiliate ever been revoked or suspended?”
  • No — Form ADV Item 11G asks: “G. Are you or any advisory affiliate now the subject of any regulatory proceeding that could result in a "yes" answer to any part of Item 11.C., 11.D., or 11.E.?”
  • No — Form ADV Item 11H(1)(a) asks: “H. (1) Has any domestic or foreign court: (a) in the past ten years, enjoined you or any advisory affiliate in connection with any investment-related activity?”
  • No — Form ADV Item 11H(1)(b) asks: “H. (1)(b) ever found that you or any advisory affiliate were involved in a violation of investment-related statutes or regulations?”
  • No — Form ADV Item 11H(1)(c) asks: “H. (1)(c) ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or any advisory affiliate by a state or foreign financial regulatory authority?”
  • No — Form ADV Item 11H(2) asks: “H. (2) Are you or any advisory affiliate now the subject of any civil proceeding that could result in a "yes" answer to any part of Item 11.H(1)?”

Answers as filed by the adviser on Form ADV Part 1A, Item 11; question text quoted from the form. Details of each “Yes” are in the Disclosure Reporting Pages of the Form ADV (PDF) ↗.

Matched on management entity listed on Form D = adviser name, business address on Form ADV = address on Form D · Form ADV data: SEC Investment Adviser Information Report (SEC-registered advisers), file dated 2026-10-02, loaded Oct 23, 2026, 8:39 PM ET · IAPD record last checked Oct 23, 2026, 9:56 PM ET

Meta advertising

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Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Public profiles and social

No website or social profile named in Advisory Research's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #261,939 of 374,652 in line (14 issuers searched so far). One-tap searches: Look further ↓

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