# LAPIS ADVISERS, LP

LAPIS ADVISERS, LP of DENVER, CO is an SEC-registered investment adviser.

## Registration

- CRD: 153710
- Type: SEC-registered investment adviser
- SEC file number: 801-71696
- Location: 811 E 17TH AVENUE, DENVER, CO, 80218
- Phone: 415-376-6280
- Latest filing: 2026-03-27
- Regulatory AUM: $789.5M
- Discretionary AUM: $789.5M
- Clients: 12
- Accounts: 8

## Business model

- Compensation: % of AUM, Performance
- Clients served: Pooled vehicles, Investment cos

## Officers, owners & control persons (10)

| Name | Role | Location |
| --- | --- | --- |
| [Kjerstin Roen Hatch](https://search.stillhousedata.com/person/679969) | LIMITED PARTNER, MANAGER OF GP | — |
| [Barbara Terrell](https://search.stillhousedata.com/person/679970) | LIMITED PARTNER | — |
| [Frank Ross Chavez](https://search.stillhousedata.com/person/679971) | CHIEF COMPLIANCE OFFICER; CHIEF FINANCIAL OFFICER | — |
| [HARRISON ANDREW](https://search.stillhousedata.com/person/746785) | CHIEF COMPLIANCE OFFICER AND CHIEF OPERATING OFFICER | — |
| [DEGUZMAN LAARNI PARAWAN](https://search.stillhousedata.com/person/754165) | CHIEF FINANCIAL OFFICER | — |
| [HATCH KJERSTIN ROEN](https://search.stillhousedata.com/person/754216) | LIMITED PARTNER, MANAGER OF GP | — |
| [BLUTH JERI RUTH](https://search.stillhousedata.com/person/761055) | CHIEF COMPLIANCE OFFICER | — |
| [ARANETA-DELFIN KATHLEEN RAMOS](https://search.stillhousedata.com/person/817688) | CHIEF COMPLIANCE OFFICER | — |
| [TERRELL BARBARA](https://search.stillhousedata.com/person/819862) | LIMITED PARTNER | — |
| [CHAVEZ FRANK ROSS](https://search.stillhousedata.com/person/819863) | CHIEF COMPLIANCE OFFICER; CHIEF FINANCIAL OFFICER | — |


## Private funds (8)

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| LAPIS MUNICIPAL OPPORTUNITIES FUND IV LP | Private Equity Fund | Delaware | 380 | $295.8M | $50K |
| LAPIS MUNICIPAL OPPORTUNITIES FUND V LP | Private Equity Fund | Delaware | 298 | $228.3M | $50K |
| LAPIS MUNICIPAL OPPORTUNITIES FUND III LP | Private Equity Fund | Delaware | 225 | $55.8M | $50K |
| MUSTANG SNF HOLDINGS LLC | Private Equity Fund | Delaware | 2 | $31.6M | $2.0M |
| LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND III LP | Private Equity Fund | Delaware | 2 | $28.5M | $20.0M |
| LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND IV LP | Private Equity Fund | Delaware | 2 | $26.6M | $20.0M |
| LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND II LP | Private Equity Fund | Delaware | 2 | $17.3M | $20.0M |
| LAPIS CRESTONE MUNICIPAL OPPORTUNITIES FUND LP | Private Equity Fund | Delaware | 2 | $9.6M | $20.0M |


## Fund service providers (1)

- administrator: HC GLOBAL FUND SERVICES — 8 funds

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/153710/brochure
- Similar advisers: https://search.stillhousedata.com/firm/153710/similar
- Related entities: https://search.stillhousedata.com/firm/153710/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/153710

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.