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SEC-registered adviser
T••• C•••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Nov 5, 2014 · 35 filings
SEC status approved since Dec 5, 2014
RAUM
$140M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
90
40 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
1
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$140M as of Mar 31, 2026
Mar 30, 2015$181M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20150 then
Employees (5.A)90 as of Mar 31, 2026
Mar 30, 201546 then
Private funds1 as of Mar 31, 2026
Mar 30, 20152 then
RAUM -81% over the last fiscal year-44% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $27.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- -81%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $89.4M, 2 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$140M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 5reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $89.4M for 2 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
6 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| T••• M••••• F••• V• L•••no longer reported | Hedge Fund | $604M | 37 | Mar 29, 2016 |
| T••• M••••• F••• I• L•••no longer reported | Hedge Fund | $584M | 46 | Mar 29, 2016 |
| T••• M••••• F••• L•••no longer reported | Hedge Fund | $550M | 40 | Nov 5, 2014 |
| T••• M••••• F••• I• L•••no longer reported | Hedge Fund | $326M | 31 | Mar 30, 2015 |
| T••• C•• M•••••• L• | Hedge Fund | $255M | 11 | Mar 31, 2019 |
| T••• M••••••••• M••••• F••• L••• | Hedge Fund | $227M | 47 | Mar 27, 2020 |
Owners and control persons
Schedule A and B, latest filing
- J••••••• B•••••• · Chief Compliance Officer And General Counselcontrolsince 12/2021 · owns less than 5%
- L••••• S••••••• K•••• · Chief Technology Officercontrolsince 03/2024 · owns less than 5%
- L••••••••• T•••• · Chief Operating Officercontrolsince 03/2023 · owns less than 5%
- M•••••••• M••••••• V••••••••• · Chief Executive Officercontrolsince 06/2014 · owns less than 5%
- M•••••••• M••••••• V••••••••• · Member/Managercontrolsince 10/2010 · owns F of L••••• V•••••• P••••••• L••
- M••••••••• O•••••• M•••••• · Membersince 10/2015 · owns 25% to 50% of L••••• V•••••• P••••••• L••
Entity owners
- T••• S••••••• L•• · Managing Memberdirect · owns 75% or more
- L••••• V•••••• P••••••• L•• · Memberindirect · owns 75% or more of T••• S••••••• L••
Related persons
Schedule D 7.A
- T••• G• L••investment adviserbankpooled vehicle sponsory
- T•• S••••••• U• L••••••investment adviserbankn
Offices
Schedule D 1.F, the 25 largest
- New York, NY16 employees
- Yerevan, Armenia13 employees
- Austin, TX9 employees
- London, United Kingdom1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- RAUM down 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $752,523,000 to $139,526,000 (-81.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +4.0% (1145 comparable advisers, 1.0th percentile of changes)peers: asset managers, $100M to $500M (1,145) · 0.8% percentile
- business activity changedChange between filings · filing Mar 31, 2026selection of other advisers (Item 5.G.7): no on the filing of 2025-03-31, yes on the filing of 2026-03-31peers: asset managers, $100M to $500M (1,568)
What changed
consecutive filings, newest first
- Accounts · 6 to 5Mar 31, 2025 to Mar 31, 2026
- Advisory activities · 1 to 2Mar 31, 2025 to Mar 31, 2026
- Pooled vehicle clients · 6 to 5Mar 31, 2025 to Mar 31, 2026
- Assets in custody · $194M to $89.4MMar 31, 2025 to Mar 31, 2026
- Employees · 94 to 90Mar 31, 2025 to Mar 31, 2026
- Private funds · 2 to 1Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $753M to $140MMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $753M to $140MMar 31, 2025 to Mar 31, 2026
- RAUM · $753M to $140MMar 31, 2025 to Mar 31, 2026
- Accounts · 7 to 6May 9, 2024 to Mar 31, 2025
- Advisory employees · 45 to 40May 9, 2024 to Mar 31, 2025
- Pooled vehicle clients · 7 to 6May 9, 2024 to Mar 31, 2025
- Assets in custody · $190M to $194MMay 9, 2024 to Mar 31, 2025
- Employees · 86 to 94May 9, 2024 to Mar 31, 2025
- Financial planning clients · unset to May 9, 2024 to Mar 31, 2025
- Discretionary RAUM · $754M to $753MMay 9, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $754M to $753MMay 9, 2024 to Mar 31, 2025
- RAUM · $754M to $753MMay 9, 2024 to Mar 31, 2025
- Advisory employees · 48 to 45Nov 27, 2023 to Mar 28, 2024
- Assets in custody · $199M to $190MNov 27, 2023 to Mar 28, 2024
- Employees · 88 to 86Nov 27, 2023 to Mar 28, 2024
- Discretionary RAUM · $783M to $754MNov 27, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $783M to $754MNov 27, 2023 to Mar 28, 2024
- RAUM · $783M to $754MNov 27, 2023 to Mar 28, 2024
- Accounts · 6 to 7Dec 8, 2022 to Mar 31, 2023
- Advisory employees · 41 to 48Dec 8, 2022 to Mar 31, 2023
- Advisory activities · 2 to 1Dec 8, 2022 to Mar 31, 2023
- Pooled vehicle clients · 5 to 7Dec 8, 2022 to Mar 31, 2023
- Assets in custody · $94.9M to $199MDec 8, 2022 to Mar 31, 2023
- Employees · 72 to 88Dec 8, 2022 to Mar 31, 2023
- Other offices · 3 to 4Dec 8, 2022 to Mar 31, 2023
- Discretionary RAUM · $403M to $783MDec 8, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $397M to $783MDec 8, 2022 to Mar 31, 2023
- RAUM · $403M to $783MDec 8, 2022 to Mar 31, 2023
- Advisory employees · 33 to 41Jan 24, 2022 to Mar 30, 2022
- Assets in custody · $36.9M to $94.9MJan 24, 2022 to Mar 30, 2022
- Employees · 65 to 72Jan 24, 2022 to Mar 30, 2022
- Other offices · 2 to 3Jan 24, 2022 to Mar 30, 2022
- Discretionary RAUM · $306M to $468MJan 24, 2022 to Mar 30, 2022
- Pooled vehicle RAUM · $298M to $462MJan 24, 2022 to Mar 30, 2022
Signals
18 dated events
- T••• C•••••• M••••••••• L•• reported RAUM $139.5M, down 81% from $752.5M (2025-03-31 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Keith Stephen Lazzo (Chief Technology Officer) appeared on Schedule A of T••• C•••••• M••••••••• L••Mar 28, 2024 · Control person joined · fact
- C•••••••• A••••••• (Chief Technology Officer) no longer on Schedule A of T••• C•••••• M••••••••• L•• (listed 2023-11-27, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- Willigis Reinhold Gebert (Chief Risk Officer) no longer on Schedule A of T••• C•••••• M••••••••• L•• (listed 2023-07-19, absent 2023-09-29)Sep 29, 2023 · Control person left · inference
- Edward Daniel Deering (Chef Financial Officer) no longer on Schedule A of T••• C•••••• M••••••••• L•• (listed 2023-04-11, absent 2023-07-19)Jul 19, 2023 · Control person left · inference
- T••• C•••••• M••••••••• L•• reported RAUM $782.6M, up 94% from $403.2M (2022-12-08 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- T•••• L•••••••• (Chief Operating Officer) appeared on Schedule A of T••• C•••••• M••••••••• L••Mar 31, 2023 · Control person joined · fact
- T••• C•••••• M••••••••• L•• reported RAUM $468.2M, up 53% from $305.5M (2022-01-24 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Michael Tucker (Chief Technology Officer) no longer on Schedule A of T••• C•••••• M••••••••• L•• (listed 2021-03-30, absent 2021-12-14)Dec 14, 2021 · Control person left · inference
- C•••••••• A••••••• (Chief Technology Officer) appeared on Schedule A of T••• C•••••• M••••••••• L••Dec 14, 2021 · Control person joined · fact
- Orion Jonah Roth (General Counsel & Chief Compliance Officer) no longer on Schedule A of T••• C•••••• M••••••••• L•• (listed 2021-03-30, absent 2021-12-14)Dec 14, 2021 · Control person left · inference
- B•••••• J•••••• (Chief Compliance Officer And General Counsel) appeared on Schedule A of T••• C•••••• M••••••••• L••Dec 14, 2021 · Control person joined · fact
- T••• C•••••• M••••••••• L•• reported RAUM $305.5M, down 36% from $474.7M (2020-05-18 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- T••• C•••••• M••••••••• L•• reported RAUM $474.7M, down 42% from $824.6M (2019-04-16 to 2020-03-27)Mar 27, 2020 · RAUM change · derived
- Mark Benjamin Morof (Chief Compliance Officer) no longer on Schedule A of T••• C•••••• M••••••••• L•• (listed 2019-03-31, absent 2019-04-16)Apr 16, 2019 · Control person left · inference
- T••• C•••••• M••••••••• L•• reported RAUM $824.6M, down 27% from $1.1B (2018-03-27 to 2019-03-31)Mar 31, 2019 · RAUM change · derived
- Michael Tucker (Chief Technology Officer) appeared on Schedule A of T••• C•••••• M••••••••• L••Mar 31, 2019 · Control person joined · fact
- T••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Nov 5, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/teza-capital-management-llc/aboutreportedpublic record, Form ADV, Sep 21, 2026
- Website
- T•••CAPITAL.COMreportedpublic record, Form ADV, Sep 21, 2026
- Principal office phone
- 312-768-1650reportedpublic record, Form ADV, Mar 31, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026