PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 7:11 AM ET

Sponsor Check › Sponsor group

T

True

One sponsor team, 4 deal companies · Edinburgh, Scotland, United Kingdom (as filed: X0)

Grouped because: 3 shared people, same business address (3 issuers), similar issuer names (4) (automatic match from the filings) · not the same sponsor?

4deal companies
$61.1Mreported sold
36investors
4Form D filings
2015–2021active
0new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Aug 18, 2021 · 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

True is a sponsor group of 4 issuers that PartnerFacts links to one sponsor (shared people, same business address, similar issuer names; automatic match from the filings), filing 4 Form D filings between Dec 2015 and Aug 2021.

What this means One team, 4 deal companies, about 6 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: $61.1M to 36 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (4). Issuers are based in United Kingdom (as filed: X0) (4).

What this means $61.1M raised across the group, about $1.7M per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: Matthew Truman (4 issuers, executive officer), Paul Cocker (4 issuers, executive officer) and William Pearson (2 issuers, executive officer).

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 Aug 18, 2021.

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

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, OK, OR, PA, RI, SC, SD, TN, TX, VT, WA, WI, WV, WY), property records (NYC, FL, IL and TX counties) — 2 court cases matching the name, 2 bankruptcy cases matching the name listed in Key records below.

What this means 4 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 4 public filings for True and found 6 differences: True includes 2 deals that stopped filing before reaching their target; Form D filed 38 days after the first sale; 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 True has not run yet — it is joining a line of 22,081 names; searches run around the clock at the hosts' allowed rate. Searched so far: 420 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

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

Villaruel v. Faithful and True, Inc. closed matched at sponsor-group level (True)
District Court, S.D. Florida · No. 1:23-cv-21503 · Filed Apr 20, 2023 · Closed Oct 2, 2024
Role of True, Inc.: Defendant · Outcome: Terminated 2024-10-02 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in FL (not the issuer's state)
Villaruel v. Faithful and True, Inc. closed matched at sponsor-group level (True)
District Court, S.D. Florida · No. 1:22-cv-20445 · Filed Feb 12, 2022 · Closed May 27, 2022
Role of True, Inc.: Defendant · Outcome: Terminated 2022-05-27 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in FL (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: VA (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 True..

State securities regulators: Securities regulators searched (3,318 actions): AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE DOJ Investor Protection Unit (257 actions, 1987–2026), TX State Securities Board (586 actions, 2006–2026), WA DFI (2,039 actions, 2001–2026) — last crawled Oct 23, 2026, 9:57 PM ET. No machine-readable public listing today for CO, FL, IA, IN, MN, NE, NJ, NY, OH, UT, VA (see docs/state-regulators.md).

3. Bankruptcies

2 cases: 1 open, 1 closed (disposition not in docket feed)

Hale and True, LLC open matched at sponsor-group level (True)
United States Bankruptcy Court, E.D. Pennsylvania · No. 25-12620 · Filed Jun 29, 2025
Role of True, LLC: Debtor · Outcome: Open — no termination date on the docket (bulk snapshot 2026-09-30) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in PA (not the issuer's state)
True Company, LLC closed matched at sponsor-group level (True)
United States Bankruptcy Court, N.D. Mississippi · No. 22-11468 · Filed Jun 27, 2022 · Closed Sep 7, 2022
Role of True Company, LLC: Debtor · Outcome: Case closed 2022-09-07 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; name has one distinctive word; court in MS (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.

6 differences found between the filings for True (compared 4 filings on Oct 24, 2026)

Note · Feb 18, 2021 – Aug 18, 2021

True includes 2 deals that stopped filing before reaching their target

True Capital Growth III LP (last filing Aug 18, 2021; $0 sold of $50,000,000); True Capital III LP (last filing Feb 18, 2021; $10,400,000 sold of $380,000,000). Each has no filing in more than two years and reported under half its target sold.

What this means An issuer whose last filing is more than two years old and reported under half its target sold. The raise may have closed early or quietly stopped. Ask what happened to each.

True Capital Growth III LP — PartnerFacts page ↗True Capital III LP — PartnerFacts page ↗
Sources
Note · Dec 16, 2016 – Jan 23, 2017

Form D filed 38 days after the first sale — TRUE CAPITAL II LP

The filing says the first sale was Dec 16, 2016. The Form D was filed Jan 23, 2017 — 38 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 23 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 · Jan 23, 2017 ↗TRUE CAPITAL II LP — PartnerFacts page ↗
Sources
Note · Oct 20, 2015 – Dec 10, 2015

Form D filed 51 days after the first sale — TRUE CAPITAL PARTNERS I LP

The filing says the first sale was Oct 20, 2015. The Form D was filed Dec 10, 2015 — 51 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 36 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 · Dec 10, 2015 ↗TRUE CAPITAL PARTNERS I LP — PartnerFacts page ↗
Sources
Note · Feb 3, 2021 – Feb 18, 2021

No amendment in the last 12 months on an offering that may still be open — True Capital III LP (latest filing Feb 18, 2021)

The latest filing for this offering is dated Feb 18, 2021 (first sale Feb 3, 2021). It reports $10,400,000 sold of $380,000,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Form D · Feb 18, 2021 ↗True Capital III LP — PartnerFacts page ↗
Sources
Note · Dec 16, 2016 – Jan 23, 2017

No amendment in the last 12 months on an offering that may still be open — TRUE CAPITAL II LP (latest filing Jan 23, 2017)

The latest filing for this offering is dated Jan 23, 2017 (first sale Dec 16, 2016). It reports $50,175,000 sold of an indefinite amount offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Form D · Jan 23, 2017 ↗TRUE CAPITAL II LP — PartnerFacts page ↗
Sources
Note · Aug 18, 2021

Address on file is a registered agent / shared office — True Capital Growth III LP

The latest filing lists 50 Lothian Road, Festival Square, Edinburgh, Scotland, United Kingdom (as filed: X0). That address is used by 8 issuers in our index (8 issuers in 6 unrelated clusters).

What this means Many small companies use a registered agent's address — it is legal and common. It means the Form D address is not where the team works. Ask where the business operates and who runs it day to day.

Form D · Aug 18, 2021 ↗True Capital Growth III 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. As of Oct 24, 2026.

5. Money to insiders

None reported on 4 offerings — no sales commissions, finder's fees or proceeds to insiders

Per-offering detail
Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Aug 18, 2021 D
True Capital Growth III LP
File 021-410458
$0$0$0 (est.)
Certain persons named in Item 3 or affiliate(s) thereof may receive payments deemed to be made from the proceeds of the offering, including management fees, the amounts of which cannot be estimated at this time.
None listed on this filingEDGAR ↗
Feb 18, 2021 D
True Capital III LP
File 021-389796
$0$0$0 (est.)
Certain persons named in Item 3 or affiliate(s) thereof may receive payments deemed to be made from the proceeds of the offering, including management fees, the amounts of which cannot be estimated at this time.
None listed on this filingEDGAR ↗
Jan 23, 2017 D
TRUE CAPITAL II LP
File 021-278974
$0$0$0 (est.)
Certain persons named in Item 3 or affiliate(s) thereof may receive payments deemed to be made from the proceeds of the offering, including management fees, the amounts of which cannot be estimated at this time.
None listed on this filingEDGAR ↗
Dec 10, 2015 D
TRUE CAPITAL PARTNERS I LP
File 021-252791
$0$0$0 (est.)
Certain persons named in Item 3 or affiliate(s) thereof may receive payments deemed to be made from the proceeds of the offering, including management fees, the amounts of which cannot be estimated at this time.
None listed on this filingEDGAR ↗

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 4 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 24, 2026, 7:10 AM ET · NYC and Cook County lookup still to run

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

Not found in sources searched as of Oct 24, 2026, 7:10 AM 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; Harris County TX (HCAD ownership rolls 2019–2026) — 563,657 records, loaded Oct 24, 2026, 7:10 AM ET; Dallas County TX (DCAD ownership roll 2026) — 173,688 records, loaded Oct 23, 2026, 8:58 PM ET; Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll) — 294,950 records, 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); Harris County TX (ownership only, no deed, mortgage or sale records; HCAD ownership rolls 2019–2026); Dallas County TX (ownership only, no deed, mortgage or sale records; DCAD ownership roll 2026); Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed). Recorder indexes (party names on deeds, mortgages and liens) in TX, AZ, NV, CA and WA counties and outside the Clerk index in FL, mortgages and liens outside NYC and Hillsborough County, lis pendens and foreclosure notices everywhere, Los Angeles County CA, Clark County NV, King County WA (loader ready; first load not finished), Cook County IL bulk pass (not finished; per-issuer lookups only so far), New York City bulk pass (not finished; per-issuer lookups only so far), Maricopa County AZ (loader ready; commercial-purpose statement not yet filed), Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Harris County Appraisal District real_acct.txt Oct 24, 2026, 7:10 AM ET; 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; 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 also 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 ↗TC TRUE CAPITAL PARTNERS I LPshared people, same business address, similar issuer namesEDINBURGH, SCOTLAND, United Kingdom (as filed: X0)Pooled Investment Fund1$500,000
offering $500,000 · similar: $155,000–$5,250,000
1
similar: 4–27
$152,000
similar: $1,000–$100,000
2015–2015
EDGAR ↗TC TRUE CAPITAL II LPshared people, same business address, similar issuer namesEDINBURGH, SCOTLAND, United Kingdom (as filed: X0)Pooled Investment Fund1$50,175,000
offering Indefinite · similar: $155,000–$5,250,000
14
similar: 4–27
$310,000
similar: $1,000–$100,000
2017–2017
EDGAR ↗TC True Capital III LPshared people, same business address, similar issuer namesEDINBURGH, SCOTLAND, United Kingdom (as filed: X0)Pooled Investment Fund1$10,400,000
offering $380,000,000 · similar: $155,000–$5,250,000
21
similar: 4–27
$10,400,000
similar: $1,000–$100,000
2021–2021
EDGAR ↗TC True Capital Growth III LPshared people, similar issuer namesEDINBURGH, SCOTLAND, United Kingdom (as filed: X0)Pooled Investment Fund1$0
offering $50,000,000 · similar: $155,000–$5,250,000
0
similar: 4–27
$100,000
similar: $1,000–$100,000
2021–2021

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 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 ↗Aug 18, 2021True Capital Growth III LPDPooled Investment Fund$50,000,000$0
EDGAR ↗Feb 18, 2021True Capital III LPDPooled Investment Fund$380,000,000$10,400,000
EDGAR ↗Jan 23, 2017TRUE CAPITAL II LPDPooled Investment FundIndefinite$50,175,000
EDGAR ↗Dec 10, 2015TRUE CAPITAL PARTNERS I LPDPooled Investment Fund$500,000$500,000

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 Aug 18, 2021. Industry history, as reported on each offering's latest filing: All 4 offerings reported: Pooled Investment Fund (2015–2021).

People across the group

NameRolesIssuers hereFirst → last listed
MT Matthew TrumanExecutive Officer4Dec 10, 2015 → Aug 18, 2021
PC Paul CockerExecutive Officer4Dec 10, 2015 → Aug 18, 2021
WP William PearsonExecutive Officer2Feb 18, 2021 → Aug 18, 2021

Adviser registration (Form ADV)

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched True.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for True as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.

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 True's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #277,180 of 374,652 in line (828 issuers searched so far). One-tap searches: Look further ↓

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Change history

No corrections have been requested for this page.

Request a correction

Free. Covers the grouping itself or any record shown here. Logged with status: received → under review → fixed / confirmed with source.

Sponsor response

Add a sourced explanation next to any fact. Reviewed before publishing.

Grouping is PartnerFacts' inference from public filings (shared related persons, management entities, business address). Everything else on this page is drawn from the filings themselves. Not the same sponsor? Request a correction.

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (outside the US (as filed: EDINBURGH), outside the US (as filed: SCOTLAND), X0). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Social and web

LinkedIn companies ↗Instagram ↗X (Twitter) ↗Facebook ↗YouTube ↗Google ↗Google Images ↗Google News ↗Meta Ad Library ↗

Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

OpenCorporates ↗