Lapis Crestone Municipal Opportunities Fund III LP
Private Equity FundFund ID 805-4648539992Delaware, United States
Gross assets
$28.5M
Min. investment
$20M
Beneficial owners
2
Size rank
Top 64%
Audited
Yes
Structure
Standalone
About this fund
Lapis Crestone Municipal Opportunities Fund III LP is a private equity fund managed by Lapis Advisers, LP. The fund reports $28.5 million in gross assets, placing it among the top 64% of private funds by size. The stated minimum investment is $20 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-4648539992 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lapis Municipal Opportunities Fund IV LP | Private Equity | $295.8M |
| Lapis Municipal Opportunities Fund V LP | Private Equity | $228.3M |
| Lapis Municipal Opportunities Fund III LP | Private Equity | $55.8M |
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Join to unlock · $37/moFrequently asked questions
How large is Lapis Crestone Municipal Opportunities Fund III LP?
Lapis Crestone Municipal Opportunities Fund III LP reports $28.5 million in gross assets, among the top 64% of private funds by size.
What is the minimum investment for Lapis Crestone Municipal Opportunities Fund III LP?
The stated minimum investment is $20 million.
Who manages Lapis Crestone Municipal Opportunities Fund III LP?
Lapis Crestone Municipal Opportunities Fund III LP is managed by Lapis Advisers, LP.
Does Lapis Crestone Municipal Opportunities Fund III LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
L
Denver, CO
Service providers
Prime broker
Custodian
Administrator
Auditor
Reported gross assets
$28.5M▼ 10%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 64%
Larger than 36% of 67,041 private funds
Gross assets vs Private Equity FundsTop 62%
Larger than 38% of 31,066 private equity funds
Minimum investmentTop 5%
Higher than 95% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.