Investment adviser · CRD 301822

WESTCAP MANAGEMENT, LLC

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $7.44B
Client accounts: 48
Employees: 73
Advisory professionals: 15

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	45	$7,439,633,954	100.0%
Corporations & businesses	Fewer than 5	$1,656,024	0.0%

Filing source

Form ADV 2065833 · 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

50+ 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.

Browse the first 49 funds across 7 pages.

WESTCAP STRATEGIC OPERATOR FUND II, L.P.Private Equity Fund · Last reported Mar 31, 2026$1.82BGross asset value

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

Auditor DELOITTE & TOUCHE NEW YORK, New York, United States

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

Marketer PJT PARTNERS LP 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

DELOITTE & TOUCHE
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-1986609895
Reported beneficial owners: 148
Minimum commitment: $5M
Form D file number: 021-21406335

Form ADV 2065833 · 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.

WESTCAP STRATEGIC OPERATOR FUND, L.P.Private Equity Fund · Last reported Mar 31, 2026$1.54BGross asset value

Feeder funds

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

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

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

Marketer BA SECURITIES, LLC CONSHOHOCKEN, Pennsylvania, United States Related to adviser: No

Marketer BTIG, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer MERCURY CAPITAL ADVISORS, LLC NEW YORK, New York, United States Related to adviser: No

Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: Yes

Marketer PROBITAS FUNDS GROUP, LLC SAN FRANCISCO, California, United States Related to adviser: No

Prime broker MORGAN STANLEY NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

DELOITTE & TOUCHE LLP
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

BA SECURITIES, LLC
CRD 153489 · SEC 8-68545

BTIG, LLC
CRD 122225 · SEC 8-65473

MERCURY CAPITAL ADVISORS, LLC
CRD 152338 · SEC 8-68442

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

PROBITAS FUNDS GROUP, LLC
CRD 115876 · SEC 8-53512

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source

Fund ID: 805-8586584246
Reported beneficial owners: 167
Minimum commitment: $500K
Form D file number: 021-362917
Form D file number: 021-362924
Form D file number: 021-365934
Form D file number: 021-365970
Form D file number: 021-369824

Form ADV 2065833 · 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.

WESTCAP STRATEGIC OPERATOR FUND II OFFSHORE, LPPrivate Equity Fund · Last reported Mar 31, 2026$552MGross asset value

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

Auditor DELOITTE & TOUCHE NEW YORK, New York, United States

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

Marketer PJT PARTNERS LP 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

DELOITTE & TOUCHE
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-6395259217
Reported beneficial owners: 55
Minimum commitment: $5M
Form D file number: 021-40633501

Form ADV 2065833 · 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.

WESTCAP STUB LLCPrivate Equity Fund · Last reported Mar 31, 2026$322MGross asset value

Form D fundraising filings

WESTCAP STUB, LLC

Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States

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

Custodian MORGAN STANLEY SMITH BARNEY LLC NEW YORK, New York, United States Related to adviser: No

Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: Yes

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-7320288003
Reported beneficial owners: 61
Minimum commitment: $0
Form D file number: 021-361500

Form ADV 2065833 · 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.

WESTCAP LOANPAL CO-INVEST 2020, LLCPrivate Equity Fund · Last reported Mar 31, 2026$282MGross asset value

Auditor DELOITTE & TOUCHE NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES 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: No
External marketing: No

DELOITTE & TOUCHE
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-1483617428
Reported beneficial owners: 28
Minimum commitment: $0
Form D file number: 021-1

Form ADV 2065833 · 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.

WESTCAP INVESTMENT PARTNERS, LLCPrivate Equity Fund · Last reported Mar 31, 2026$272MGross asset value

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

Provider details

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

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-3109667072
Reported beneficial owners: 126
Minimum commitment: $0

Form ADV 2065833 · 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.

WESTCAP STRATEGIC OPERATOR FUND II SIDE-BY-SIDE OFFSHORE, L.P.Private Equity Fund · Last reported Mar 31, 2026$128MGross asset value

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

Auditor DELOITTE & TOUCHE NEW YORK, New York, United States

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

Marketer PJT PARTNERS LP 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

DELOITTE & TOUCHE
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-9924929582
Reported beneficial owners: 10
Minimum commitment: $5M
Form D file number: 021-474049
Form D file number: 021-474054

Form ADV 2065833 · 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

Compensation

Percentage of assets · Performance-based

Principal office

590 PACIFIC AVENUE
SAN FRANCISCO, CA, 94133, United States

CRD 301822

Filing source

Form ADV 2065833 · 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.