# Cypress Creek Partners

> Cypress Creek Partners is an SEC-registered investment advisory firm in Austin, TX, registered since 2004, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 30, 2026.

- CRD: 129346
- Filed as: CYPRESS CREEK PARTNERS
- Legal name: Endowment Advisers, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: June 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/129346
- AdvisorCensus page: https://advisorcensus.com/firm/cypress-creek-partners-austin-tx-129346

## Quick answers

**How is Cypress Creek Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Cypress Creek Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Cypress Creek Partners located?**
Cypress Creek Partners' principal office is in Austin, TX, according to its Form ADV.

**Is Cypress Creek Partners registered with the SEC or a state?**
Cypress Creek Partners is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 129346.

**How much does Cypress Creek Partners manage?**
Cypress Creek Partners reports $499,692,477 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (84% discretionary).

**How have Cypress Creek Partners' assets and staff changed since 2021?**
In the Form ADV data for Cypress Creek Partners: Regulatory assets under management: $769,972,480 in the October 2021 data and $499,692,477 in the October 2026 data, down 35%. Total employees: 3 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cypress Creek Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11); investment companies (4).

**Does Cypress Creek Partners 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/129346

**What changed in Cypress Creek Partners' recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 3 to 6. Regulatory assets under management went from $409,875,708 to $499,692,477 (+22%).

## 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: $499,692,477
- Discretionary: $420,285,832
- Non-discretionary: $79,406,645

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 4 | $271,143,604 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $228,548,873 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2004 (22 years)
- Employees: 9 total, 6 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)
- [cypresscreekpartners.com](https://cypresscreekpartners.com)
- LinkedIn @cypress-creek-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $769,972,480 | 3 | March 29, 2021 |
| October 2022 | $679,060,046 | 8 | August 2, 2022 |
| October 2023 | $549,115,748 | 8 | July 28, 2023 |
| October 2024 | $526,599,711 | 8 | June 27, 2024 |
| October 2025 | $409,875,708 | 7 | June 30, 2025 |
| October 2026 | $499,692,477 | 9 | June 30, 2026 |

Regulatory assets under management: $769,972,480 in the October 2021 data and $499,692,477 in the October 2026 data, down 35%.
Total employees: 3 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 3 to 6.
- Regulatory assets under management went from $409,875,708 to $499,692,477 (+22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cypress Creek Partners (CRD 129346): Form ADV filing data as of October 2026.