Westcap Management, LLC
San Francisco, CA · CRD 301822
Private equity manager
Westcap Management, LLC is an SEC-registered investment adviser based in San Francisco, CA that reports managing 43 private funds on Form ADV, including 43 private equity funds. It reports $7.4 billion in regulatory assets under management. Its private funds hold $6.0 billion in gross assets.
- Regulatory assets under management
- $7.4 billionForm ADV Item 5.F
- Gross assets of private funds
- $6.0 billionAll private fund types, Form ADV
- Private funds managed
- 43PE 43 · VC 0 · hedge 0
- Employees
- 73Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 301822
- Latest Form ADV
- 03/31/2026Disciplinary disclosures: none reported
Private equity funds filing Form D (4)
Fund
First sale
Raised
Investors
Minimum
Offering
WestCap StubHub Opportunity Fund Preferred, LLC
San Francisco, CA
First saleSep 2025
Raised$134M
Investors31
MinimumNone set
Offering506(b)
WestCap Strategic Operator Fund III Offshore, L.P.
San Francisco, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
WestCap Strategic Operator Fund III, L.P.
San Francisco, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
WestCap Strategic Operator Fund III Lux SCSp
San Francisco, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (22)
Fund
Gross assets
Minimum
Owners
Adviser
Westcap Strategic Operator Fund II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$2.1B
Minimum$5.0M
Owners206
AdviserWestcap Management, LLC
Westcap Strategic Operator Fund, L.P.
Cayman IslandsPrivate equity fund
Gross assets$1.9B
Minimum$500K
Owners177
AdviserWestcap Management, LLC
Westcap Stub LLC
Delaware, United StatesPrivate equity fund
Gross assets$729M
MinimumNone set
Owners59
AdviserWestcap Management, LLC
Westcap Investment Partners, LLC
Delaware, United StatesPrivate equity fund
Gross assets$390M
MinimumNone set
Owners131
AdviserWestcap Management, LLC
Westcap Stub II-2020, LLC
Delaware, United StatesPrivate equity fund
Gross assets$199M
MinimumNone set
Owners7
AdviserWestcap Management, LLC
Westcap Strategic Operator Fund II Side-By-Side, LP
Delaware, United StatesPrivate equity fund
Gross assets$116M
Minimum$5.0M
Owners28
AdviserWestcap Management, LLC
Westcap Bg, LLC
Delaware, United StatesPrivate equity fund
Gross assets$69.1M
MinimumNone set
Owners13
AdviserWestcap Management, LLC
Westcap Stub Btg, LLC
Delaware, United StatesPrivate equity fund
Gross assets$68.1M
MinimumNone set
Owners15
AdviserWestcap Management, LLC
Westcap Vg, LLC
Delaware, United StatesPrivate equity fund
Gross assets$35.4M
MinimumNone set
Owners13
AdviserWestcap Management, LLC
Westcap Bg Convert, LLC
Delaware, United StatesPrivate equity fund
Gross assets$27.6M
MinimumNone set
Owners11
AdviserWestcap Management, LLC
Westcap Founder's Collective, LLC
Delaware, United StatesPrivate equity fund
Gross assets$23.0M
MinimumNone set
Owners6
AdviserWestcap Management, LLC
Westcap II Family Partnership 2022, LLC
Delaware, United StatesPrivate equity fund
Gross assets$18.4M
MinimumNone set
Owners93
AdviserWestcap Management, LLC
Westcap Addepar Continuation 2021, LLC
Delaware, United StatesPrivate equity fund
Gross assets$13.3M
MinimumNone set
Owners1
AdviserWestcap Management, LLC
Westcap Bolt Continuation 2021-1, LLC
Delaware, United StatesPrivate equity fund
Gross assets$5.4M
MinimumNone set
Owners3
AdviserWestcap Management, LLC
Westcap II Family Partnership, LLC
Delaware, United StatesPrivate equity fund
Gross assets$1.9M
MinimumNone set
Owners17
AdviserWestcap Management, LLC
Westcap Sndr, LLC
Delaware, United StatesPrivate equity fund
Gross assets$728K
MinimumNone set
Owners21
AdviserWestcap Management, LLC
Westcap Sbs Family Partnership 2023, LLC
Delaware, United StatesPrivate equity fund
Gross assets$319K
MinimumNone set
Owners1
AdviserWestcap Management, LLC
Westcap Cerebral Continuation 2021-1, LLC
Delaware, United StatesPrivate equity fund
Gross assets$300K
MinimumNone set
Owners3
AdviserWestcap Management, LLC
Westcap Rental Beast 1, LLC
Delaware, United StatesPrivate equity fund
Gross assets$258K
MinimumNone set
Owners7
AdviserWestcap Management, LLC
Westcap Sonder 2020-B, LLC
Delaware, United StatesPrivate equity fund
Gross assets$124K
MinimumNone set
Owners18
AdviserWestcap Management, LLC
Westcap Skillz, LLC
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserWestcap Management, LLC
Community First Partners, LLC
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserWestcap Management, LLC
As reported in the adviser's Form ADV filed Mar 29, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (13)
Fund
Gross assets
Minimum
Owners
Adviser
Westcap Loanpal Co-Invest 2020, LLC
Delaware, United StatesPrivate equity fund
Gross assets$368M
MinimumNone set
Owners28
AdviserWestcap Management, LLC
Westcap Nydig Co-Invest 2021, LLC
Delaware, United StatesPrivate equity fund
Gross assets$106M
MinimumNone set
Owners28
AdviserWestcap Management, LLC
Iridium Sof II Ieq 2021 Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$46.8M
MinimumNone set
Owners4
AdviserWestcap Management, LLC
Westcap Flyr Co-Invest 2022, LLC
Delaware, United StatesPrivate equity fund
Gross assets$29.9M
MinimumNone set
Owners15
AdviserWestcap Management, LLC
Westcap Blueground Co-Invest 2022, LLC
Delaware, United StatesPrivate equity fund
Gross assets$27.2M
MinimumNone set
Owners12
AdviserWestcap Management, LLC
Westcap Hopper 2021 Co-Invest, LLC
Delaware, United StatesPrivate equity fund
Gross assets$26.9M
MinimumNone set
Owners23
AdviserWestcap Management, LLC
Iridium Goodleap Co-Invest 2022, LLC
Delaware, United StatesPrivate equity fund
Gross assets$18.5M
MinimumNone set
Owners7
AdviserWestcap Management, LLC
Rhodium Aveone Co-Invest 2022, LLC
Delaware, United StatesPrivate equity fund
Gross assets$10.9M
MinimumNone set
Owners9
AdviserWestcap Management, LLC
Westcap Klarna Co-Invest 2021, LLC
Delaware, United StatesPrivate equity fund
Gross assets$8.1M
MinimumNone set
Owners28
AdviserWestcap Management, LLC
Westcap Goodleap Co-Invest 2021, LLC
Delaware, United StatesPrivate equity fund
Gross assets$6.5M
MinimumNone set
Owners8
AdviserWestcap Management, LLC
Westcap Cerebral Co-Invest 2021, LLC
Delaware, United StatesPrivate equity fund
Gross assets$3.6M
MinimumNone set
Owners37
AdviserWestcap Management, LLC
Westcap Skillz 2020 Co-Invest, LLC
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserWestcap Management, LLC
Rhenium Stub Co-Invest 2023, LLC
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserWestcap Management, LLC
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures