{ "crd_number": 287621, "slug": "azora-capital-lp-miami-fl-287621", "primary_business_name": "AZORA CAPITAL LP", "legal_name": "AZORA CAPITAL LP", "dbas": [], "city": "Miami", "state": "FL", "country": "United States", "cbsa_code": "33100", "metro": { "cbsa_code": "33100", "common_name": "Miami", "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL", "path": "/advisors/fl/miami" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2017-03-31", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 2502505000.0, "raum_discretionary": 2502505000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 16, "advisory_employees": 5, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 462427000.0, "count": 3, "description": "SEPARATELY MANAGED ACCOUNTS", "fewer_than_5": true }, "insurance_companies": { "raum": 88043000.0, "count": 1, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 1952035000.0, "count": 15 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL" ], "websites": [ "https://azoracapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287621", "city_as_filed": "MIAMI", "url": "https://advisorcensus.com/firm/azora-capital-lp-miami-fl-287621", "display_name": "Azora Capital LP", "summary": "Azora Capital LP is an SEC-registered investment advisory firm in Miami, FL, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Azora Capital LP (CRD 287621): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Other" ], "quick_answers": [ { "q": "How is Azora Capital LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Azora Capital LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Azora Capital LP located?", "a": "Azora Capital LP's principal office is in Miami, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Azora Capital LP registered with the SEC or a state?", "a": "Azora Capital LP is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287621." }, { "q": "How much does Azora Capital LP manage?", "a": "Azora Capital LP reports $2,502,505,000 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have Azora Capital LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Azora Capital LP: Regulatory assets under management: $1,322,161,091 in the October 2021 data and $2,502,505,000 in the October 2026 data, up 89%. Total employees: 7 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Azora Capital LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (15); other (3); insurance companies (1)." }, { "q": "Which custodians does Azora Capital LP use?", "a": "Azora Capital LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley & Co. LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Azora Capital LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/287621" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1322161091.0, "total_employees": 7, "filing_date": "2021-03-24" }, { "period": "2022-10-01", "regulatory_assets_under_management": 968659722.0, "total_employees": 10, "filing_date": "2022-03-21" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1054604304.0, "total_employees": 11, "filing_date": "2023-03-14" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1556978315.0, "total_employees": 13, "filing_date": "2024-03-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2665640000.0, "total_employees": 14, "filing_date": "2025-02-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2502505000.0, "total_employees": 16, "filing_date": "2026-03-27" } ], "recent_changes": [], "fees_from_brochure": null, "custodians": [ { "name": "Morgan Stanley & Co. LLC", "name_as_filed": "MORGAN STANLEY & CO. LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/azora-capital-lp-miami-fl-287621.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 15, "fewer_than_5": false, "raum": 1952035000.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 1, "fewer_than_5": true, "raum": 88043000.0 }, { "type": "other", "label": "Other", "count": 3, "fewer_than_5": true, "raum": 462427000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287621", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }