# Caprock Partners Management, Inc.

> Caprock Partners Management, Inc. is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 296925
- Filed as: CAPROCK PARTNERS MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newport Beach, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/296925
- AdvisorCensus page: https://advisorcensus.com/firm/caprock-partners-management-inc-newport-beach-ca-296925

## Quick answers

**How is Caprock Partners Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Caprock Partners Management, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Caprock Partners Management, Inc. charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Caprock Partners Management, Inc. located?**
Caprock Partners Management, Inc.'s principal office is in Newport Beach, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Caprock Partners Management, Inc. registered with the SEC or a state?**
Caprock Partners Management, Inc. is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 296925.

**How much does Caprock Partners Management, Inc. manage?**
Caprock Partners Management, Inc. reports $1,517,162,010 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Caprock Partners Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Caprock Partners Management, Inc.: Regulatory assets under management: $1,054,454,055 in the October 2021 data and $1,517,162,010 in the October 2026 data, up 44%. Total employees: 39 in October 2021 and 50 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Caprock Partners Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does Caprock Partners Management, Inc. report any disciplinary disclosures?**
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/296925

**What changed in Caprock Partners Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 15 to 14.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 1.5% to 2% a year (a range, as the brochure states it)

> the Management Fee calculated with respect to each investor is typically between 1.50% and 2.0% of such investor’s total commitment.

> Thereafter, the annual Management Fee calculated with respect to each Fund investor will be between 1.50% and 2.0% of such investor’s invested capital in investments that have not been disposed of or permanently written off.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,517,162,010
- Discretionary: $1,517,162,010
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $1,517,162,010 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 50 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Fort Worth, TX

### Websites listed on Form ADV (Item 1.I)
- caprock-partners.com
- Facebook @CapRockPartners
- Instagram @caprock_partners
- LinkedIn @caprock-partners
- X @caprockpartners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,054,454,055 | 39 | March 31, 2021 |
| October 2022 | $1,815,287,875 | 54 | March 31, 2022 |
| October 2023 | $1,406,559,109 | 54 | March 31, 2023 |
| October 2024 | $1,681,775,335 | 53 | August 30, 2024 |
| October 2025 | $1,633,335,635 | 54 | March 28, 2025 |
| October 2026 | $1,517,162,010 | 50 | March 31, 2026 |

Regulatory assets under management: $1,054,454,055 in the October 2021 data and $1,517,162,010 in the October 2026 data, up 44%.
Total employees: 39 in October 2021 and 50 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 15 to 14.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Caprock Partners Management, Inc. (CRD 296925): Form ADV filing data as of October 2026.