Lapis Municipal Opportunities Fund IV LP
Private Equity FundFund ID 805-4796778913Delaware, United States
Gross assets
$295.8M
Min. investment
$50K
Beneficial owners
380
Size rank
Top 25%
Audited
Yes
Structure
Standalone
About this fund
Lapis Municipal Opportunities Fund IV LP is a private equity fund managed by Lapis Advisers, LP. The fund reports $295.8 million in gross assets, placing it among the top 25% of private funds by size. The stated minimum investment is $50,000. 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 | 805-4796778913 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lapis Municipal Opportunities Fund V LP | Private Equity | $228.3M |
| Lapis Municipal Opportunities Fund III LP | Private Equity | $55.8M |
| Mustang Snf Holdings LLC | Private Equity | $31.6M |
See all 7 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Lapis Municipal Opportunities Fund IV LP?
Lapis Municipal Opportunities Fund IV LP reports $295.8 million in gross assets, among the top 25% of private funds by size.
What is the minimum investment for Lapis Municipal Opportunities Fund IV LP?
The stated minimum investment is $50,000.
Who manages Lapis Municipal Opportunities Fund IV LP?
Lapis Municipal Opportunities Fund IV LP is managed by Lapis Advisers, LP.
Does Lapis Municipal Opportunities Fund IV 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
Marketer
Reported gross assets
$295.8M▼ 14%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 25%
Larger than 75% of 67,041 private funds
Gross assets vs Private Equity FundsTop 21%
Larger than 79% of 31,066 private equity funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds2%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.