Investment adviser · CRD 298976

GLS CAPITAL, LLC

Investment adviser filing (IA)

CHICAGO, IL, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $925M
Client accounts: 9
Employees: 11
Advisory professionals: 7

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	7	$827,003,445	89.4%
Other clients	Fewer than 5	$97,667,995	10.6%

Filing source

Form ADV 2069544 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

4 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

GLS CAPITAL PARTNERS FUND III, LPPrivate Equity Fund · Last reported Mar 31, 2026$352MGross asset value

Form D fundraising filings

GLS CAPITAL PARTNERS FUND III, LP

Feeder funds

GLS CAPITAL OFFSHORE FEEDER FUND III, LTD.

Fund administrator SS&C TECHNOLOGIES, INC. CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C TECHNOLOGIES, INC. EDINA, Minnesota, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP NEW YORK, New York, United States

Custodian CITIZENS BANK, NA PROVIDENCE, Rhode Island, United States Related to adviser: No

Marketer ASANTE CAPITAL GROUP GERMANY GMBH MUNICH, Germany Related to adviser: No

Marketer BRUNEL CONSULTORIA DE NEGOCIOS E INVESTIMENTOS LTDA SAO PAULO, Brazil Related to adviser: No

Marketer MACLEAN SECURITIES LTD NORFOLK, United Kingdom Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

COHNREZNICK LLP
PCAOB 596

CITIZENS BANK, NA
LEI DRMSV1Q0EKMEXLAU1P80

Fund details & source

Fund ID: 805-5585306675
Reported beneficial owners: 20
Minimum commitment: $5M
Form D file number: 021-554754

Form ADV 2069544 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GLS CAPITAL PARTNERS FUND II, LPPrivate Equity Fund · Last reported Mar 31, 2026$309MGross asset value

Feeder funds

GLS CAPITAL OFFSHORE FEEDER FUND II, LTD.

Fund administrator SS&C TECHNOLOGIES, INC. CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C TECHNOLOGIES, INC. EDINA, Minnesota, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP NEW YORK, New York, United States

Custodian CITIZENS BANK, NA PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer BRUNEL ADVISORS CONSULTORIA EMPRESARIAL LTDA SAO PAULO, Brazil Related to adviser: No

Marketer EATON PARTNERS, LLC ROWAYTON, Connecticut, United States Related to adviser: No

Marketer KIRK ROSTRON (MT VERNON CAPITAL LLC) DENVER, Colorado, United States Related to adviser: No

Marketer MACLEAN SECURITIES LTD NORFOLK, United Kingdom Related to adviser: No

Marketer STONEHAVEN, LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

COHNREZNICK LLP
PCAOB 596

CITIZENS BANK, NA
LEI DRMSV1Q0EKMEXLAU1P80

J.P. MORGAN SECURITIES LLC
SEC 8-35008

EATON PARTNERS, LLC
CRD 31170 · SEC 8-46718

STONEHAVEN, LLC
CRD 118913 · SEC 8-53699

Fund details & source

Fund ID: 805-9019247005
Reported beneficial owners: 44
Minimum commitment: $5M
Form D file number: 021-452085
Form D file number: 021-45208501

Form ADV 2069544 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GLS CAPITAL PARTNERS FUND I, LPPrivate Equity Fund · Last reported Mar 31, 2026$165MGross asset value

Form D fundraising filings

GLS CAPITAL PARTNERS FUND I, LP

Feeder funds

GLS CAPITAL ACCESS FUND I, INC.

Fund administrator SS&C TECHNOLOGIES, INC. EDINA, Minnesota, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP NEW YORK, New York, United States

Custodian CITIZENS BANK, NA PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer EATON PARTNERS, LLC ROWAYTON, Connecticut, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

COHNREZNICK LLP
PCAOB 596

CITIZENS BANK, NA
LEI DRMSV1Q0EKMEXLAU1P80

J.P. MORGAN SECURITIES LLC
SEC 8-35008

EATON PARTNERS, LLC
CRD 31170 · SEC 8-46718

Fund details & source

Fund ID: 805-7952215329
Reported beneficial owners: 46
Minimum commitment: $5M
Form D file number: 021-329612
Form D file number: 021-352005

Form ADV 2069544 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GLS CAPITAL PARTNERS FUND III-A, LPPrivate Equity Fund · Last reported Mar 31, 2026$150KGross asset value

Form D fundraising filings

GLS CAPITAL PARTNERS FUND III-A, LP

Fund administrator SS&C TECHNOLOGIES, INC. EDINA, Minnesota, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP NEW YORK, New York, United States

Custodian CITIZENS BANK, NA PROVIDENCE, Rhode Island, United States Related to adviser: No

Marketer ASANTE CAPITAL GROUP GERMANY GMBH MUNICH, Germany Related to adviser: No

Marketer BRUNEL CONSULTORIA DE NEGOCIOS E INVESTIMENTOS LTDA SAO PAULO, Brazil Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

COHNREZNICK LLP
PCAOB 596

CITIZENS BANK, NA
LEI DRMSV1Q0EKMEXLAU1P80

Fund details & source

Fund ID: 805-8161980743
Reported beneficial owners: 1
Minimum commitment: $5M
Form D file number: 021-554760

Form ADV 2069544 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

110 NORTH WACKER DRIVE, SUITE 3175
CHICAGO, IL, 60606-1578, United States

CRD 298976

Filing source

Form ADV 2069544 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.