Mustang Snf Holdings LLC
Private Equity FundFund ID 805-3798339149Delaware, United States
Gross assets
$31.6M
Min. investment
$2M
Beneficial owners
2
Size rank
Top 63%
Audited
Yes
Structure
Standalone
About this fund
Mustang Snf Holdings LLC is a private equity fund managed by Lapis Advisers, LP. The fund reports $31.6 million in gross assets, placing it among the top 63% of private funds by size. The stated minimum investment is $2 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 | 805-3798339149 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| 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 |
| 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 |
See all 7 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Mustang Snf Holdings LLC?
Mustang Snf Holdings LLC reports $31.6 million in gross assets, among the top 63% of private funds by size.
What is the minimum investment for Mustang Snf Holdings LLC?
The stated minimum investment is $2 million.
Who manages Mustang Snf Holdings LLC?
Mustang Snf Holdings LLC is managed by Lapis Advisers, LP.
Does Mustang Snf Holdings LLC 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
None reported
Custodian
Administrator
Auditor
Reported gross assets
$31.6M▼ 4%
Oct '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 63%
Larger than 37% of 67,041 private funds
Gross assets vs Private Equity FundsTop 60%
Larger than 40% of 31,066 private equity funds
Minimum investmentTop 31%
Higher than 69% of funds reporting a minimum
Investor base
Adviser & related persons95%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.