DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Crosstimbers Capital Group, LLC
Crosstimbers Capital Group, LLC
Private equity with venture activity · probableHouston, TXcrosstimbers.comSEC registered investment adviser
Crosstimbers Capital Group is a Houston-based private capital firm. We partner with operators to build hard-asset businesses in digital infrastructure, water, power, and transportation.
registered adviser; venture funds are 29% of 20 private funds
Importance
22
moderate
Active deployment
0
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Houston, TXadviserinfo.sec.gov
- Office address
- 10000 MEMORIAL DRIVE, SUITE 740, Houston, TX, 77024adviserinfo.sec.gov
- Business phone
- 832-487-0007adviserinfo.sec.gov
- Website
- HTTP://WWW.CROSSTIMBERS.COM/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 20 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $468Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $626Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 16
- Owners on Schedule A
- DLH Advisors, LLC (Member), D; Treadstone Advisors, LLC (Member), C
- business email
- howdy@crosstimbers.comcrosstimbers.compublished by the subject
- business phone
- 832-487-0000adviserinfo.sec.govpublished by the subject
- business phone
- 832-487-0007adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- energy, logistics, media
- Stages
- early
- Geography
- united states
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- family office
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Crosstimbers Ventures III, LP | Fund | 2022 form d first sale | Active deployment | $8.9M Mar 22, 2024 | 18 | $7.0M | May 17, 2023 |
| XT Icon B II, LP | Fund | 2022 form d first sale | Active deployment | $7.2M Mar 22, 2024 | 3 | $7.4M | Feb 25, 2022 |
| XT Icon B, LP | Fund | 2021 form d first sale | Mature | $47.1M Mar 22, 2024 | 21 | $27.5M | Aug 19, 2021 |
| Crosstimbers Ventures II, LP | Fund | 2021 form d first sale | Mature | $6.3M Mar 22, 2024 | 17 | $3.1M | Jun 24, 2021 |
| Crosstimbers Ventures, LP | Fund | 2019 form d first sale | Mature | $9.8M Mar 22, 2024 | 12 | $2.0M | Jan 18, 2019 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
18 current, 0 departed
Brayden K. Petroshus
AssociateAssociate
Colton W. Taylor
AssociateAssociate
Joseph Jornayvaz
Board or advisorySenior Advisor
David L Hollon
Managing partnerCo-Founder & Managing Partner
Trevor J. Brock
Managing partnerCo-Founder & Managing Partner
Grant D. Conybear
Operating partnerOperating Partner, AI
David L Hollon
PartnerMember · since Mar 1, 2009
James M. Wang
PartnerManaging Director
Kyle J. Valley
PartnerManaging Director
Marty Raymond Morrison
PartnerPartner · since Jun 1, 2018
Trevor Brock
PartnerMember · since Jan 1, 2011
Andrew D. Browning
Platform and operationsChief Compliance Officer
Andrew Daniel Browning
Platform and operationsChief Compliance Officer / Chief Financial Officer · since Mar 1, 2022
Bethany B. Scroggie
Platform and operationsExecutive Assistant
Caroline H. Ragsdale
Platform and operationsInvestor Operations Manager
Frances C. Andrews
Platform and operationsTax & Accounting Senior Manager
Franklin E Alvarez
Platform and operationsController
Ian A. Kocher
Vice presidentVice President
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
8 dated events
- Mar 30, 2023XT Icon B II, LP first reported on Form ADV by Crosstimbers Capital Group, LLC (Venture Capital Fund), GAV $7,626,412Fund first reported on Form ADVFundsFactXT Icon B II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023Crosstimbers Ventures III, LP first reported on Form ADV by Crosstimbers Capital Group, LLC (Venture Capital Fund), GAV $3,684,485Fund first reported on Form ADVFundsFactCrosstimbers Ventures III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2022XT Icon B, LP first reported on Form ADV by Crosstimbers Capital Group, LLC (Private Equity Fund), GAV $27,410,986Fund first reported on Form ADVFundsFactXT Icon B, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2022Crosstimbers Ventures II, LP first reported on Form ADV by Crosstimbers Capital Group, LLC (Venture Capital Fund), GAV $5,852,453Fund first reported on Form ADVFundsFactCrosstimbers Ventures II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 1, 2022Andrew Daniel Browning joined Schedule A of Crosstimbers Capital Group, LLC as Chief Compliance Officer
- Mar 29, 2019Crosstimbers Ventures, LP first reported on Form ADV by Crosstimbers Capital Group, LLC (Private Equity Fund), GAV $620,000Fund first reported on Form ADVFundsFactCrosstimbers Ventures, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 1, 2018Marty Raymond Morrison joined Schedule A of Crosstimbers Capital Group, LLC as Chief Compliance Officer
- Dec 5, 2016Crosstimbers Capital Group, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 29% of 20 private funds
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 29% of 16 private funds
Evidence
66 observations from 3 sources