# ECP Investment Advisors LLC

> ECP Investment Advisors LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 284686
- Filed as: ECP INVESTMENT ADVISORS LLC
- Also doing business as: EXCAP, EXCAP FUND III GP LP (RELYING ADVISOR), EXPEDITION CAPITAL ADVISORS, LLC (RELYING ADVISOR), EXPEDITION FUND I GP LP (RELYING ADVISOR), EXPEDITION FUND II GP LP (RELYING ADVISOR)
- 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/284686
- AdvisorCensus page: https://advisorcensus.com/firm/ecp-investment-advisors-llc-dallas-tx-284686

## Quick answers

**How is ECP Investment Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), ECP Investment Advisors LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**How much does ECP Investment Advisors LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is ECP Investment Advisors LLC located?**
ECP Investment Advisors LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is ECP Investment Advisors LLC registered with the SEC or a state?**
ECP Investment Advisors LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 284686.

**How much does ECP Investment Advisors LLC manage?**
ECP Investment Advisors LLC reports $167,688,787 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have ECP Investment Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for ECP Investment Advisors LLC: Regulatory assets under management: $185,085,859 in the October 2021 data and $167,688,787 in the October 2026 data, down 9%. Total employees: 6 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does ECP Investment Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does ECP Investment Advisors 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/284686

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 1.5% of assets a year

> The Adviser and its affiliate, Expedition Capital Advisors LLC, will typically receive from the Fund an annual investment management fee generally equal to 1.5% of the total Fund capital invested in and allocated to such Investment.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $167,688,787
- Discretionary: $167,688,787
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $167,688,787 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2016 (10 years)
- Employees: 11 total, 11 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)
- excapadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $185,085,859 | 6 | March 30, 2021 |
| October 2022 | $201,062,483 | 7 | March 30, 2022 |
| October 2023 | $202,731,071 | 9 | August 17, 2023 |
| October 2024 | $160,917,190 | 8 | March 28, 2024 |
| October 2025 | $182,378,852 | 11 | May 20, 2025 |
| October 2026 | $167,688,787 | 11 | March 30, 2026 |

Regulatory assets under management: $185,085,859 in the October 2021 data and $167,688,787 in the October 2026 data, down 9%.
Total employees: 6 in October 2021 and 11 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. ECP Investment Advisors LLC (CRD 284686): Form ADV filing data as of October 2026.