Investment adviser · CRD 153710
LAPIS ADVISERS, LP
Investment adviser filing (IA)
DENVER, CO, United States · Form ADV filed Mar 27, 2026
- Regulatory AUM
- $789M Form ADV · Item 5.F
- Client accounts
- 8 Accounts, not individual clients
- Employees
- 12 Reported in this filing
- Advisory professionals
- 9 Investment advisory functions
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| Pooled investment vehicles | 8 | $789,460,902 | 100.0% |
Filing source
Form ADV 2082305 · Mar 27, 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
18 Private fundsThe count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.
LAPIS MUNICIPAL OPPORTUNITIES FUND IV LPPrivate Equity Fund · Last reported Mar 27, 2026$296MGross asset value
Form D fundraising filings
Lapis Municipal Opportunities Fund IV LP
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
ERNST & YOUNG LLP
PCAOB 42
CF SECURED, LLC
SEC 8-69863
J.P. MORGAN SECURITIES LLC
SEC 8-35008
TGP SECURITIES, INC.
CRD 159008 · SEC 8-68955
CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201
Fund details & source
- Fund ID
- 805-4796778913
- Reported beneficial owners
- 380
- Minimum commitment
- $50K
- Form D file number
- 021-380478
Form ADV 2082305 · Mar 27, 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.
LAPIS MUNICIPAL OPPORTUNITIES FUND V LPPrivate Equity Fund · Last reported Mar 27, 2026$228MGross asset value
Form D fundraising filings
Lapis Municipal Opportunities Fund V LP
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
ERNST & YOUNG LLP
PCAOB 42
CF SECURED, LLC
SEC 8-69863
J.P. MORGAN SECURITIES LLC
SEC 8-35008
TGP SECURITIES, INC.
CRD 159008 · SEC 8-68955
CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201
Fund details & source
- Fund ID
- 805-5202519626
- Reported beneficial owners
- 298
- Minimum commitment
- $50K
- Form D file number
- 021-481518
Form ADV 2082305 · Mar 27, 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.
LAPIS MUNICIPAL OPPORTUNITIES FUND III LPPrivate Equity Fund · Last reported Mar 27, 2026$55.8MGross asset value
Form D fundraising filings
Lapis Municipal Opportunities Fund III LP
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
ERNST & YOUNG LLP
PCAOB 42
CF SECURED, LLC
SEC 8-69863
J.P. MORGAN SECURITIES LLC
SEC 8-35008
TGP SECURITIES, INC.
CRD 159008 · SEC 8-68955
CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201
Fund details & source
- Fund ID
- 805-1605851493
- Reported beneficial owners
- 225
- Minimum commitment
- $50K
- Form D file number
- 021-310586
Form ADV 2082305 · Mar 27, 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.
MUSTANG SNF HOLDINGS LLCPrivate Equity Fund · Last reported Mar 27, 2026$31.6MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
BAKER TILLY US, LLP
PCAOB 23
J.P. MORGAN SECURITIES LLC
SEC 8-35008
Fund details & source
- Fund ID
- 805-3798339149
- Reported beneficial owners
- 2
- Minimum commitment
- $2M
- Form D file number
- 021-2087679
Form ADV 2082305 · Mar 27, 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.
LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND III LPPrivate Equity Fund · Last reported Mar 27, 2026$28.5MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
CF SECURED, LLC
SEC 8-69863
J.P. MORGAN SECURITIES LLC
SEC 8-35008
CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201
Fund details & source
- Fund ID
- 805-4648539992
- Reported beneficial owners
- 2
- Minimum commitment
- $20M
Form ADV 2082305 · Mar 27, 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.
LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND IV LPPrivate Equity Fund · Last reported Mar 27, 2026$26.6MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
CF SECURED, LLC
SEC 8-69863
J.P. MORGAN SECURITIES LLC
SEC 8-35008
CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201
Fund details & source
- Fund ID
- 805-1965730182
- Reported beneficial owners
- 2
- Minimum commitment
- $20M
Form ADV 2082305 · Mar 27, 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.
LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND II LPPrivate Equity Fund · Last reported Mar 27, 2026$17.3MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
CF SECURED, LLC
SEC 8-69863
J.P. MORGAN SECURITIES LLC
SEC 8-35008
CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201
Fund details & source
- Fund ID
- 805-4320457309
- Reported beneficial owners
- 2
- Minimum commitment
- $20M
Form ADV 2082305 · Mar 27, 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 27, 2026. View historical filings
Reported services
Pooled investment vehicle management · Business portfolio management
Compensation
Percentage of assets · Performance-based
Principal office
811 E 17TH AVENUEDENVER, CO, 80218, United States
CRD 153710
Filing source
Form ADV 2082305 · Mar 27, 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.