Lapis Municipal Opportunities Fund V LP
Private Equity FundFund ID 805-5202519626Delaware, United States
Gross assets
$228.3M
Min. investment
$50K
Beneficial owners
298
Size rank
Top 29%
Audited
Yes
Structure
Standalone
About this fund
Lapis Municipal Opportunities Fund V LP is a private equity fund managed by Lapis Advisers, LP. The fund reports $228.3 million in gross assets, placing it among the top 29% 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 | 805-5202519626 |
| 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 IV LP | Private Equity | $295.8M |
| Lapis Municipal Opportunities Fund III LP | Private Equity | $55.8M |
| Mustang Snf Holdings LLC | Private Equity | $31.6M |
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Join to unlock · $37/moFrequently asked questions
How large is Lapis Municipal Opportunities Fund V LP?
Lapis Municipal Opportunities Fund V LP reports $228.3 million in gross assets, among the top 29% of private funds by size.
What is the minimum investment for Lapis Municipal Opportunities Fund V LP?
The stated minimum investment is $50,000.
Who manages Lapis Municipal Opportunities Fund V LP?
Lapis Municipal Opportunities Fund V LP is managed by Lapis Advisers, LP.
Does Lapis Municipal Opportunities Fund V 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
$228.3M▲ 42%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 29%
Larger than 71% of 67,041 private funds
Gross assets vs Private Equity FundsTop 25%
Larger than 75% of 31,066 private equity funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum
Investor base
Adviser & related persons2%
Funds of funds15%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.