Precept Management, LLC
● SEC registered since 2006CRD 114671SEC# 801-66256Dallas, TX
Ranks #5,983 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$5.4M
Fund GAV
$13M
Private funds
3
Employees
3
Accounts
3
Location
Dallas, TX
Precept Management, LLC assets under management
Precept Management, LLC is a registered investment adviser overseen by the SEC based in Dallas, TX. The firm has been registered since 2006. It reports $5.4 million in regulatory assets under management and employs 3 people. Precept Management, LLC manages 3 private funds with combined gross assets of $13 million, including The Precept Fund, L.P. By regulatory assets, it ranks 5,983 of 6,004 private fund managers.
Precept Management, LLC private funds
3 funds · $13M GAV| Fund | Type | Gross assets | Min. |
|---|---|---|---|
| The Precept Fund, L.P. | Hedge | $9.7M | $500K |
| Precept Special Situation Fund, L.P. | Hedge | $2.9M | $500K |
| Precept Credit Opportunities Fund, L.P. | Hedge | $350K | $500K |
Precept Management, LLC owners & executives
2 reported| Name | Title | Ownership | Since |
|---|---|---|---|
| Dana Blair Baker Control | Managing Member, Precept Management, Llc | Over 75% | 1998 |
| Nick Robert Roossien Control | Chief Financial Officer And Chief Compliance Officer, Precept Management, Llc | Under 5% | 2006 |
Frequently asked questions
How much does Precept Management, LLC manage?
Precept Management, LLC reports $5.4 million in regulatory assets under management on its Form ADV.
How many private funds does Precept Management, LLC manage?
Precept Management, LLC manages 3 private funds with combined gross assets of $13 million.
How many employees does Precept Management, LLC have?
Precept Management, LLC reports 3 employees.
Where is Precept Management, LLC located?
Precept Management, LLC is based in Dallas, TX and has been SEC-registered since 2006.
Does Precept Management, LLC disclose fund performance?
Precept Management, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.
Contact & registration
| Address | 200 Crescent Court, Suite 1450, Dallas, TX 75201 |
| Phone | 214-880-7444 |
| Fax | 214-880-0082 |
| Office hours | 8 a.m. To 5 p.m. |
| SEC region | Fort Worth Regional Office (FWRO) |
| Umbrella registration | Yes |
| Discloses disciplinary history | No |
Regulatory AUM
$5.4M▼ 61%
Mar '25Form ADV, monthlyJun '26
How this firm compares
Regulatory AUMTop 99%
Larger than 1% of 16,271 advisers
AUM vs fund managersTop 99%
Larger than 1% of 6,004 private-fund managers
Number of fundsTop 53%
More funds than 47% of fund managers
EmployeesTop 77%
More than 23% of 16,825 advisers
Assets under management
$5.4Mregulatory AUM
Discretionary $5.4M
Service providers
Auditor
Prime broker
Custodian
Administrator