# CAZ GP Stakes Adviser LLC

> 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.

- CRD: 338168
- Filed as: CAZ GP STAKES ADVISER LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/338168
- AdvisorCensus page: https://advisorcensus.com/firm/caz-gp-stakes-adviser-llc-houston-tx-338168

## Quick answers

**How is CAZ GP Stakes Adviser LLC compensated?**
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.

**Where is CAZ GP Stakes Adviser LLC located?**
CAZ GP Stakes Adviser LLC's principal office is in Houston, TX, according to its Form ADV.

**Is CAZ GP Stakes Adviser LLC registered with the SEC or a state?**
CAZ GP Stakes Adviser LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 338168.

**How much does CAZ GP Stakes Adviser LLC manage?**
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).

**What types of clients does CAZ GP Stakes Adviser LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (1).

**Does CAZ GP Stakes Adviser LLC 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/338168

**What changed in CAZ GP Stakes Adviser LLC's recent Form ADV filings?**
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.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $99,029,519
- Discretionary: $99,029,519
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $99,029,519 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2025 (0 years)
- Employees: 83 total, 68 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $0 to $99,029,519.
- Employees performing advisory functions went from 60 to 68.

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CAZ GP Stakes Adviser LLC (CRD 338168): Form ADV filing data as of October 2026.