{
  "crd_number": 338168,
  "slug": "caz-gp-stakes-adviser-llc-houston-tx-338168",
  "primary_business_name": "CAZ GP STAKES ADVISER LLC",
  "legal_name": "CAZ GP STAKES ADVISER LLC",
  "dbas": [],
  "city": "Houston",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-11-13",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-03-11",
  "carried_forward": false,
  "raum_total": 99029519.0,
  "raum_discretionary": 99029519.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 83,
  "advisory_employees": 68,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 99029519.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338168",
  "city_as_filed": "HOUSTON",
  "url": "https://advisorcensus.com/firm/caz-gp-stakes-adviser-llc-houston-tx-338168",
  "display_name": "CAZ GP Stakes Adviser LLC",
  "summary": "CAZ GP Stakes Adviser LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.",
  "citation": "AdvisorCensus. CAZ GP Stakes Adviser LLC (CRD 338168): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is CAZ GP Stakes Adviser LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), CAZ GP Stakes Adviser LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is CAZ GP Stakes Adviser LLC located?",
      "a": "CAZ GP Stakes Adviser LLC's principal office is in Houston, TX, according to its Form ADV."
    },
    {
      "q": "Is CAZ GP Stakes Adviser LLC registered with the SEC or a state?",
      "a": "CAZ GP Stakes Adviser LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 338168."
    },
    {
      "q": "How much does CAZ GP Stakes Adviser LLC manage?",
      "a": "CAZ GP Stakes Adviser LLC reports $99,029,519 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does CAZ GP Stakes Adviser LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does CAZ GP Stakes Adviser LLC 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/338168"
    },
    {
      "q": "What changed in CAZ GP Stakes Adviser LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $0 to $99,029,519. Employees performing advisory functions went from 60 to 68."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $0 to $99,029,519.",
        "Employees performing advisory functions went from 60 to 68."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/caz-gp-stakes-adviser-llc-houston-tx-338168.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 99029519.0
    }
  ],
  "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/338168",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}