# EDGAR Filing Document

**Accession Number:** 0001320688
**File Stem:** 0001145549-23-006450
**Filing Date:** 2023-2
**Character Count:** 29288
**Document Hash:** 2e4d1b1b36fd347ca9b9e9accad0e15e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006450.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001145549-23-006450

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CYPRESS CREEK PRIVATE STRATEGIES TEI FUND, L.P.
- **CENTRAL INDEX KEY:** 0001320688
- **IRS NUMBER:** 202472055
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21730
- **FILM NUMBER:** 23620126

**BUSINESS ADDRESS:**
- **STREET 1:** 712 W. 34TH STREET
- **STREET 2:** SUITE 201
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78705
- **BUSINESS PHONE:** 5126605146

**MAIL ADDRESS:**
- **STREET 1:** 712 W. 34TH STREET
- **STREET 2:** SUITE 201
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78705

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SALIENT PRIVATE ACCESS TEI FUND, L.P.
- **DATE OF NAME CHANGE:** 20170105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Endowment TEI Fund, L.P.
- **DATE OF NAME CHANGE:** 20050315

## Nport-Ex

---

| |
|:---|
| **CYPRESS CREEK PRIVATE STRATEGIES MASTER FUND, L.P.** |
| **(A Limited Partnership)** |
| **Schedule of Investments** |
| **December 31, 2022** |
| **(Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Geographic Region\*** | **Initial Investment Date** | **Shares** | **Cost** | **Fair <br> Value** | **% of<br> Partners'<br> Capital** |
| **Private Investments Portfolio** |  |  |  |  |  |  |
| Operating Companies |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Buyout (0.50% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Milton ZXP LLC - Class A Units <sup>(4)(6)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2018 | 6029 | $602900 | $1055075 |  |
| &nbsp;&nbsp;&nbsp;Growth Equity (0.20% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Clovis Point II RIVS Investment, LLC <sup>(4)(6)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2019 |  | 650000 | 421300 |  |
| &nbsp;&nbsp;&nbsp;Venture Capital (0.00% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TasteMade, Inc. <sup>(4)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2016 | 2582 | 100000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Operating Companies |  |  |  | 1352900 | 1476375 | 0.70% |
| Private Investment Funds |  |  |  |  |  |  |
| Private Equity |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Buyout (20.45% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advent Latin American Private Equity Fund IV-F L.P. | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;August, 2007 |  | 201046 | 105010 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advent Latin American Private Equity Fund V-F L.P. | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;May, 2010 |  | 1339621 | 1078765 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chicago Pacific Founders Fund II, LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;January, 2020 |  | 3641731 | 8928400 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clovis Point II, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2020 |  | 2196418 | 2253498 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CRC (Atria) Investment Holdings, L.P. <sup>(3)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2022 |  | 4188131 | 4162500 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Darwin Private Equity I L.P. | &nbsp;&nbsp;Europe | &nbsp;&nbsp;September, 2007 |  | 1251657 | 21754 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intervale Capital Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;May, 2008 |  | 423099 | 32553 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.C. Flowers III L.P. | &nbsp;&nbsp;Europe | &nbsp;&nbsp;October, 2009 |  | 1163392 | 200633 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KF Partner Investments Fund III LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;June, 2020 |  | 2051329 | 2758879 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mid Europa Fund III LP | &nbsp;&nbsp;Europe | &nbsp;&nbsp;November, 2007 |  | 280414 | 1366 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monomoy Capital Partners II, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;May, 2011 |  | 973284 | 630997 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Monomoy Capital Partners III, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;December, 2017 |  | 1991775 | 5208897 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Reservoir Capital Partners (Cayman), L.P. <sup>(1)</sup> | &nbsp;&nbsp;Global | &nbsp;&nbsp;June, 2009 |  | 294464 | 620212 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sovereign Capital Limited Partnership III | &nbsp;&nbsp;Europe | &nbsp;&nbsp;March, 2010 |  |  | 36634 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sterling Capital Partners II, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2005 |  | 190740 | 11023 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sterling Group Partners III, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2010 |  | 1086131 | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strattam Capital Investment Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;December, 2015 |  | 3192683 | 3739548 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strattam Capital Investment Fund II, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2018 |  | 2329660 | 3565682 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Strattam Capital Investment Fund III, L.P. <sup>(2)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2022 |  | 2406751 | 2387853 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strattam Co-Invest Fund V, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;December, 2018 |  |  | 717896 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strattam Co-Invest Fund VI, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;December, 2018 |  | 725757 | 901283 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strattam Co-Invest Fund VII, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;September, 2019 |  | 413727 | 760533 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivest Fund IV, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2007 |  | 12230 | 7215 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Viburnum Equity 4, LP <sup>(1)(2)</sup> | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;January, 2022 |  | 5880593 | 5454012 |  |
| &nbsp;&nbsp;&nbsp;Growth Equity (9.08% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catterton Growth Partners, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2008 |  | 1929339 | 576814 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crosslink Crossover Fund V, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;May, 2007 |  | 316468 | 100130 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crosslink Crossover Fund VI, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2007 |  |  | 3292298 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CX Partners Fund Ltd. <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;April, 2009 |  | 1163083 | 53000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gavea Investment Fund II A, L.P. | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;May, 2007 |  |  | 7771 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gavea Investment Fund III A, L.P. | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;September, 2008 |  |  | 35140 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HealthCor Partners Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2007 |  | 268263 | 478584 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;New Horizon Capital III, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;March, 2009 |  | 188127 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;NGP Energy Technology Partners II, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2009 |  | 719372 | 328401 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Northstar Equity Partners III <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;June, 2011 |  | 552588 | 341773 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Orchid Asia IV, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;November, 2007 |  | 887156 | 243788 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Pine Brook Capital Partners, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;January, 2008 |  | 1748932 | 263471 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pinto America Growth Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2006 |  |  | 19153 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Private Equity Investment Fund V, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2009 |  | 5677931 | 3208604 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saints Capital VI, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2008 |  | 1659216 | 414150 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners II, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;December, 2007 |  | 1043997 | 676091 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners III, L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;April, 2009 |  | 3246506 | 2109118 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners IV, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;September, 2011 |  |  | 2961948 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustbridge Partners V, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;November, 2015 |  | 4346526 | 4246805 |  |
| &nbsp;&nbsp;&nbsp;Private Debt (9.68% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABRY Advanced Securities Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2008 |  |  | 7832 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alloy Merchant Partners, L.P. <sup>(1)(2)</sup> | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;August, 2018 |  | 803860 | 495469 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armadillo Litigation Finance II | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2016 |  |  | 41873 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aviator Capital Fund IV US Feeder, L.P. | &nbsp;&nbsp;Global | &nbsp;&nbsp;March, 2019 |  | 2230278 | 2607302 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aviator Capital Mid-Life Us Feeder Fund, LP | &nbsp;&nbsp;Global | &nbsp;&nbsp;December, 2016 |  | 1949929 | 2861818 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BDCM Opportunity Fund II, L.P.<sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2006 |  | 501444 | 103616 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colbeck Strategic Lending Onshore Feeder, LP <sup>(1)(2)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2017 |  | 3930533 | 3830081 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Crestline Opportunities Fund III, LLC <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2016 |  | 2169895 | 3455520 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Freedom Participation Partners I, LLC <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2016 |  | 1247460 | 36837 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garrison Opportunity Fund II A LLC | &nbsp;&nbsp;Global | &nbsp;&nbsp;March, 2011 |  |  | 10786 |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;Garrison Opportunity Fund LLC | &nbsp;&nbsp;Global | &nbsp;&nbsp;February, 2010 |  | 10327 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ILS Property & Casualty Master Fund Ltd. | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2014 | 1523944 | 14950 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India Asset Recovery Fund L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;October, 2006 |  | 322 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MatlinPatterson Global Opportunities Partners III, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2007 | 865334 | 5423 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Parabellum Partners I, LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2017 | 1271280 | 2616002 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Parabellum Partners II, LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2019 | 2753053 | 2927423 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Rosebrook 2018 Co-Invest I, L.P. <sup>(3)</sup> | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;January, 2018 | 1023648 | 1149255 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strategic Value Global Opportunities Fund I-A, L.P. | &nbsp;&nbsp;Europe | &nbsp;&nbsp;December, 2006 | 28951 | 145456 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuckerbrook SB Global Distressed Fund I, L.P. | &nbsp;&nbsp;Global | &nbsp;&nbsp;July, 2007 | 102897 | 295790 |  |
| &nbsp;&nbsp;&nbsp;Venture Capital (11.84% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Artis Ventures II, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2014 | 1085752 | 2208385 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chrysalis Ventures III, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;December, 2006 | 208572 | 95807 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dace Ventures I, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;June, 2007 | 347577 | 149291 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fairhaven Capital Partners, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2008 | 1556314 | 348641 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Founders Fund III, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;May, 2010 |  | 4433918 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Founders Fund IV, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;January, 2012 |  | 5937921 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LC Fund IV, L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;May, 2008 | 1375042 | 63747 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanderling Venture Partners VI, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;June, 2005 | 94987 | 69727 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanderling Venture Partners VI Co-Investment Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;June, 2005 | 210432 | 90193 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenaya Capital V, LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2007 | 24309 | 85518 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenaya Capital VI, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2012 | 828830 | 1014362 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Column Group, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;September, 2007 | 966337 | 1463736 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Column Group II, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;October, 2014 | 1934154 | 4394702 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Column Group III, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;May, 2016 | 3041477 | 3251611 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tiger Global Private Investment Partners V, L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;January, 2008 | 1219100 | 1074626 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tiger Global Private Investment Partners VI, L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;November, 2010 |  | 483220 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voyager Capital Fund III, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;May, 2007 | 286772 | 75383 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Private Equity <sup>(6)</sup> |  |  | 93564298 | 108799053 | 51.05% |
| Real Assets |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Infrastructure (6.73% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Allied Strategic Partners Fund I-A, LP <sup>(3)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2021 | 9981768 | 9470890 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EIV Capital Fund II, LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;December, 2014 | 2851236 | 2568257 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EnCap Energy Infrastructure TE Feeder, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;October, 2009 | 965782 | 68602 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Haddington Energy Partners III, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2017 | 604735 | 1567324 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPF II-A, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;October, 2008 | 1213282 | 18813 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YTM6, LLC | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2022 | 647214 | 647214 |  |
| &nbsp;&nbsp;&nbsp;Natural Resources (11.54% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMG Iron Ore Holdco, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2019 | 476106 | 764113 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EnCap Energy Capital Fund VII-B LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;October, 2007 | 1450085 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy & Minerals Group Fund II, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2011 | 2295341 | 2474724 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Merit Energy Partners G, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;September, 2009 | 2931026 | 1432970 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midstream & Resources Follow-On Fund, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;March, 2010 | 518415 | 577131 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGP IX Offshore Fund, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;March, 2008 | 613572 | 35505 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NGP Midstream & Resources, L.P. | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;October, 2007 | 976239 | 118249 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quantum Parallel Partners V, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;October, 2008 | 3709753 | 3783950 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sentient Global Resources Fund III, L.P. | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;July, 2008 | 2568145 | 657212 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sentient Global Resources Fund IV, L.P. <sup>(1)</sup> | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;June, 2011 | 1833312 | 542008 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tembo Capital Co-Investment Partners I, LP <sup>(3)</sup> | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;July, 2022 | 6356119 | 5436415 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tembo Capital Mining Fund III LP | &nbsp;&nbsp;Global | &nbsp;&nbsp;October, 2021 | 4616902 | 3904933 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vortus Investments II, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2017 | 1818828 | 2819378 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vortus Investments, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;January, 2016 | 3434387 | 2048469 |  |
| &nbsp;&nbsp;&nbsp;Real Estate (4.80% of Partners' Capital) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Benson Elliot Real Estate Partners II, L.P. | &nbsp;&nbsp;Europe | &nbsp;&nbsp;August, 2006 | 349758 | 4795 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forum European Realty Income III, L.P. | &nbsp;&nbsp;Europe | &nbsp;&nbsp;February, 2008 | 820961 | 62274 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GTIS Brazil Real Estate Fund (Brazilian Real) LP | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;July, 2008 | 1207519 | 635710 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kayne Anderson Real Estate Debt II, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2017 | 78488 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kayne Anderson Real Estate Debt, L.P. <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;June, 2016 | 111730 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lone Star Real Estate Fund II (U.S.), L.P. | &nbsp;&nbsp;Global | &nbsp;&nbsp;June, 2011 | 58 | 4018 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monsoon Infrastructure & Realty Co-Invest, L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;February, 2008 | 1560996 | 1202979 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwood Real Estate Co-Investors LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2008 | 333739 | 472428 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwood Real Estate Partners LP <sup>(1)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;April, 2008 | 1133502 | 1405165 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ORBIS Real Estate Fund I <sup>(2)</sup> | &nbsp;&nbsp;Asia | &nbsp;&nbsp;November, 2006 | 1969703 | 360537 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patron Capital, L.P. II | &nbsp;&nbsp;Europe | &nbsp;&nbsp;February, 2005 | 123803 | 1940 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patron Capital, L.P. III | &nbsp;&nbsp;Europe | &nbsp;&nbsp;July, 2007 | 598435 | 38201 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennybacker IV, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2018 | 950599 | 744544 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phoenix Asia Real Estate Investments II, L.P. | &nbsp;&nbsp;Asia | &nbsp;&nbsp;September, 2007 | 823410 | 598593 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prescott Strategies Fund I LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;June, 2019 | 2232449 | 2162443 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Red Dot Holdings III, LP <sup>(1)(2)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2019 | 2790773 | 2474458 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBC US Fund II, LP | &nbsp;&nbsp;Rest of the World | &nbsp;&nbsp;June, 2011 | 789902 | 59786 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Real Assets <sup>(6)</sup> |  |  | 65738072 | 49164028 | 23.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Private Investments Portfolio |  |  | 160655270 | 159439456 | 74.82% |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Cash Management Portfolio** |  |  |  |  |  |  |
| Hedge Funds |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Event Driven (0.46% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BDCM Partners I, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;January, 2011 |  | 1364736 | 974689 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortelus Special Situations Fund Ltd. | &nbsp;&nbsp;Global | &nbsp;&nbsp;May, 2010 |  |  | 1824 |  |
| &nbsp;&nbsp;&nbsp;Global Macro (2.62% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAM Systematic Core Macro (Cayman) Fund LP | &nbsp;&nbsp;Global | &nbsp;&nbsp;February, 2015 |  | 3500000 | 5594231 |  |
| &nbsp;&nbsp;&nbsp;Relative Value (13.70% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anomaly Capital, LP | &nbsp;&nbsp;Global | &nbsp;&nbsp;July, 2021 |  | 15003000 | 16551512 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King Street Capital, L.P. | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2009 |  | 2709 | 36343 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnetar Capital Fund LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;February, 2009 |  |  | 45304 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Middle East North Africa Opportunities Fund, L.P. | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;July, 2008 | 728.0 | 728344 | 4001 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;PIPE Equity Partners, LLC <sup>(2) (4)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;August, 2008 |  | 3252147 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;PIPE Select Fund, LLC <sup>(2) (4)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;September, 2008 |  | 2866761 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stark Select Asset Fund, LLC | &nbsp;&nbsp;Rest of World | &nbsp;&nbsp;July, 2010 |  |  | 11155 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STS Partners Fund, LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;November, 2016 |  | 2108191 | 5480343 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The 1609 Fund Ltd. | &nbsp;&nbsp;Global | &nbsp;&nbsp;January, 2018 | 3345.0 | 4011531 | 1705463 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valiant Capital Partners LP | &nbsp;&nbsp;North America | &nbsp;&nbsp;July, 2009 |  | 369529 | 341755 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WMA Systematic Equity Alpha Long/Short Onshore Fund LP - Class A | &nbsp;&nbsp;Global | &nbsp;&nbsp;August, 2022 |  | 5004000 | 5014177 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Hedge Funds <sup>(6)</sup> |  |  |  | 38210948 | 35760797 | 16.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Private Investment Funds |  |  |  | 131775246 | 144559850 | 90.9% |
| Other Securities |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Securities (0.43% of Partners' Capital) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regatta XV Funding Ltd., Subordinated Note, Principal $5,000,000, 6.74%, due 10/1/2031 <sup>(1)(5)(7)</sup> | &nbsp;&nbsp;North America | &nbsp;&nbsp;October, 2018 |  | 3118300 | 925000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Other Liquid Securities |  |  |  | 3118300 | 925000 | 0.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Cash Management Portfolio |  |  |  | 41329248 | 36685797 | 17.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Investments |  |  |  | $201984518 | $196125253 | 92.03% |

---

The Master Fund's total outstanding capital commitments to Investment Funds as of December 31, 2022 were $68,637,382. For certain Investment Funds for which the Master Fund has a capital commitment, the Master Fund may be allocated its pro-rata share of expenses prior to having to fund a capital call for such expenses.

All investments are non-income producing unless noted otherwise.

\* The "Rest of World" geographic region represents an investment strategy to make investments domiciled outside of Asia, Europe or North America. The "Global" geographic region represents an investment strategy to make investments domiciled in various locations throughout the world including Asia, Europe, North America and/or the rest of the world.

&nbsp;&nbsp;&nbsp;&nbsp;(1) Income
producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Affiliated
investments for which ownership exceeds 5% of the investment's capital.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Affiliated
investments for which ownership exceeds 25% of the investment's capital.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Valued
in good faith pursuant to procedures approved by the Board of Directors as of December 31, 2022. The total of all such investments
represents 0.69% of partners' capital.

&nbsp;&nbsp;&nbsp;&nbsp;(5) CLO
subordinated notes are considered CLO equity positions. CLO equity positions are entitled to recurring distributions which are
generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debt holders
and fund expenses. The effective yield for the CLO equity position will generally be updated periodically or on transactions such
as an add-on purchases, refinancing or reset. The estimated yield and investment cost may ultimately not be realized.

&nbsp;&nbsp;&nbsp;&nbsp;(6) Restricted
investments as to resale.

&nbsp;&nbsp;&nbsp;&nbsp;(7) Security
exempt from registration under Rule 144A of the Securities Act of 1933. The Security may be sold in transactions exempt from registration,
normally to qualified institutional buyers.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Cypress Creek Private Strategies TEI Fund, L.P.

- **b. Investment Company Act file number:** 811-21730

- **c. CIK number of Registrant:** 0001320688

- **d. LEI of Registrant:** 5493008TG3JZRF0ZVW13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 712 W. 34th Street

  - **City:** Austin

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78705

  - **Telephone number:** 512-660-5146

**Item A.2. Information about the Series.**

- **a. Name of Series:** Cypress Creek Private Strategies TEI Fund, L.P.

- **c. LEI of Series:** 5493008TG3JZRF0ZVW13

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $54974001.38

**Total Liabilities:** $75362.42

**Net Assets:** $54898638.96

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.26%               | -0.94%               | -0.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16019.91                | $-59612.47                                 |
| Month 2  | $132497.30               | $-540069.61                                |
| Month 3  | $1751980.27              | $-1845657.30                               |

### Schedule of Portfolio Investments

| Name                                                     | Title                                                    | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Cypress Creek Private Strategies Offshore TEI Fund, Ltd. | Cypress Creek Private Strategies Offshore TEI Fund, Ltd. | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  54974001 | OU      | $54974001.38  | 100.14%           |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Cypress Creek Private Strategies TEI Fund, L.P.

**Signature:** /s/ Benjamin Murray

**Name of Signer:** Benjamin Murray

**Title:** Principal Financial Officer