Lapis Advisers
Private Equity SEC-registered adviser
Legal name: Lapis Advisers, LP
AUM
$789.5M
Regulatory AUM
Private funds
8
Private Equity 8
Private fund assets
$693.5M
Gross asset value
Employees
12
Last Form D raise
May 2023
Most recent fund filing
From SEC Form ADV filing (filed Mar 27, 2026). View on SEC
People
Owners and executive officers named on the firm's SEC Form ADV.
No people listed on the filing.
Funds(8)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| Lapis Municipal Opportunities Fund V LP | Private Equity | $228.3M | $360.0M | 298 | May 2023 | Cold |
| Lapis Municipal Opportunities Fund IV LP | Private Equity | $295.8M | $440.0M | 380 | Nov 2020 | Cold |
| Lapis Municipal Opportunities Fund III LP | Private Equity | $55.8M | $298.2M | 209 | Jul 2018 | Cold |
| Mustang Snf Holdings LLC | Private Equity | $31.6M | — | — | — | |
| Lapis Crestone Municipal Opportunities Fund III LP | Private Equity | $28.5M | — | — | — | |
| Lapis Crestone Municipal Opportunities Fund IV LP | Private Equity | $26.6M | — | — | — | |
| Lapis Crestone Municipal Opportunities Fund II LP | Private Equity | $17.3M | — | — | — | |
| Lapis Crestone Municipal Opportunities Fund LP | Private Equity | $9.6M | — | — | — |
Board seats
Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.
No board seats matched from SEC filings yet.
Regulatory identifiers
- CRD number
- 153710
- SEC file number
- 801-71696
Sources
- SEC Form ADV Oct 14, 2026