Investment adviser · CRD 338378

THRIVENT PRIVATE INVESTMENTS

Investment adviser filing (IA)

THRIVENT INVESTMENT CAPITAL ADVISORS, LLC

MINNEAPOLIS, MN, United States · Form ADV filed Mar 30, 2026

Regulatory AUM: $22.8B
Client accounts: 47
Employees: 66
Advisory professionals: 24

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	47	$22,781,793,218	100.0%

Filing source

Form ADV 2046697 · Mar 30, 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

37 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.

THRIVENT WHITE ROSE FUND XIII EQUITY DIRECT, L.P.Private Equity Fund · Last reported Mar 30, 2026$294MGross asset value

Form D fundraising filings

Thrivent White Rose Fund XIII Equity Direct, L.P.

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-3529034734
Reported beneficial owners: 28
Minimum commitment: $0
Form D file number: 021-355739

Form ADV 2046697 · Mar 30, 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.

THRIVENT WHITE ROSE FUND IX FUND OF FUNDS, L.P.Private Equity Fund · Last reported Mar 30, 2026$246MGross asset value

Form D fundraising filings

Thrivent White Rose Fund IX Fund of Funds, L.P.

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-6367663021
Reported beneficial owners: 7
Minimum commitment: $0
Form D file number: 021-255122

Form ADV 2046697 · Mar 30, 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.

THRIVENT WHITE ROSE FUND IX EQUITY DIRECT, L.P.Private Equity Fund · Last reported Mar 30, 2026$179MGross asset value

Form D fundraising filings

Thrivent White Rose Fund IX Equity Direct, L.P.

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-1664808099
Reported beneficial owners: 19
Minimum commitment: $0
Form D file number: 021-255117

Form ADV 2046697 · Mar 30, 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.

THRIVENT WHITE ROSE FUND VIII FUND OF FUNDS, L.P.Private Equity Fund · Last reported Mar 30, 2026$174MGross asset value

Form D fundraising filings

THRIVENT WHITE ROSE FUND VIII FUND OF FUNDS, L.P.

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-2515496940
Reported beneficial owners: 9
Minimum commitment: $0
Form D file number: 021-235710

Form ADV 2046697 · Mar 30, 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.

THRIVENT WHITE ROSE FUND X EQUITY DIRECT, L.P.Private Equity Fund · Last reported Mar 30, 2026$132MGross asset value

Form D fundraising filings

Thrivent White Rose Fund X Equity Direct, L.P.

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-8977545312
Reported beneficial owners: 22
Minimum commitment: $0
Form D file number: 021-278572

Form ADV 2046697 · Mar 30, 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.

THRIVENT WHITE ROSE REAL ESTATE FUND I FUND OF FUNDS, L.P.Private Equity Fund · Last reported Mar 30, 2026$118MGross asset value

Form D fundraising filings

Thrivent White Rose Real Estate Fund I Fund of Funds, L.P.

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-1072463750
Reported beneficial owners: 10
Minimum commitment: $50K
Form D file number: 021-285228

Form ADV 2046697 · Mar 30, 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.

THRIVENT WHITE ROSE FUND XI EQUITY DIRECT, L.P.Private Equity Fund · Last reported Mar 30, 2026$106MGross asset value

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian UMB BANK N.A. KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-6964981224
Reported beneficial owners: 26
Minimum commitment: $0
Form D file number: 021-301523

Form ADV 2046697 · Mar 30, 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 30, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

901 MARQUETTE AVENUE, SUITE 2500
MINNEAPOLIS, MN, 55402-3211, United States

CRD 338378

Filing source

Form ADV 2046697 · Mar 30, 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.