# CAZ Investments L.P.

> CAZ Investments L.P. is an SEC-registered investment advisory firm in Houston, TX, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 113931
- Filed as: CAZ INVESTMENTS L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/113931
- AdvisorCensus page: https://advisorcensus.com/firm/caz-investments-l-p-houston-tx-113931

## Quick answers

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

**Where is CAZ Investments L.P. located?**
CAZ Investments L.P.'s principal office is in Houston, TX, according to its Form ADV.

**Is CAZ Investments L.P. registered with the SEC or a state?**
CAZ Investments L.P. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 113931.

**How much does CAZ Investments L.P. manage?**
CAZ Investments L.P. reports $10,830,341,793 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have CAZ Investments L.P.'s assets and staff changed since 2021?**
In the Form ADV data for CAZ Investments L.P.: Regulatory assets under management: $1,962,125,375 in the October 2021 data and $10,830,341,793 in the October 2026 data, up 452%. Total employees: 12 in October 2021 and 83 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CAZ Investments L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (103).

**Does CAZ Investments L.P. 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/113931

**What changed in CAZ Investments L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 56 to 68. Regulatory assets under management went from $8,653,972,299 to $10,830,341,793 (+25%). No longer lists an office in Denver, CO.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $10,830,341,793
- Discretionary: $10,830,341,793
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 103 | $10,830,341,793 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2001 (25 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.

### Websites listed on Form ADV (Item 1.I)
- cazinvestments.com
- LinkedIn @caz-investments-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,962,125,375 | 12 | June 8, 2021 |
| October 2022 | $2,807,452,860 | 28 | March 9, 2022 |
| October 2023 | $5,015,915,036 | 33 | September 29, 2023 |
| October 2024 | $6,402,686,432 | 48 | March 27, 2024 |
| October 2025 | $8,653,972,299 | 63 | March 27, 2025 |
| October 2026 | $10,830,341,793 | 83 | March 31, 2026 |

Regulatory assets under management: $1,962,125,375 in the October 2021 data and $10,830,341,793 in the October 2026 data, up 452%.
Total employees: 12 in October 2021 and 83 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 56 to 68.
- Regulatory assets under management went from $8,653,972,299 to $10,830,341,793 (+25%).
- No longer lists an office in Denver, CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CAZ Investments L.P. (CRD 113931): Form ADV filing data as of October 2026.