# CPMG, Inc.

> CPMG, Inc. is an SEC-registered investment advisory firm in Dallas, TX, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 131417
- Filed as: CPMG, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/131417
- AdvisorCensus page: https://advisorcensus.com/firm/cpmg-inc-dallas-tx-131417

## Quick answers

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

**Where is CPMG, Inc. located?**
CPMG, Inc.'s principal office is in Dallas, TX, according to its Form ADV.

**Is CPMG, Inc. registered with the SEC or a state?**
CPMG, Inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 131417.

**How much does CPMG, Inc. manage?**
CPMG, Inc. reports $855,773,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have CPMG, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for CPMG, Inc.: Regulatory assets under management: $2,392,168,000 in the October 2021 data and $855,773,000 in the October 2026 data, down 64%. Total employees: 13 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CPMG, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (26).

**Does CPMG, 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/131417

**What changed in CPMG, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $717,320,000 to $855,773,000 (+19%).

## 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: $855,773,000
- Discretionary: $855,773,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 26 | $855,773,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2005 (20 years)
- Employees: 7 total, 2 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.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,392,168,000 | 13 | March 31, 2021 |
| October 2022 | $2,145,791,000 | 15 | August 22, 2022 |
| October 2023 | $1,196,548,000 | 7 | August 24, 2023 |
| October 2024 | $1,043,445,000 | 6 | March 27, 2024 |
| October 2025 | $717,320,000 | 6 | March 28, 2025 |
| October 2026 | $855,773,000 | 7 | March 30, 2026 |

Regulatory assets under management: $2,392,168,000 in the October 2021 data and $855,773,000 in the October 2026 data, down 64%.
Total employees: 13 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $717,320,000 to $855,773,000 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CPMG, Inc. (CRD 131417): Form ADV filing data as of October 2026.