DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
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Institutional manager
C••••••••• L••
Advisory clients on the tape
7
Schedule C, ACFR
Public-system clients
2
ACFR and seeds
ADV institutional clients
18
filed May 4, 2026
ADV institutional RAUM
$1.6B
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
$49B
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.03; discretionary RAUM $49B. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
8 allocators
- S••••••••• C••••• E•••••••• R••••••••• S••••• General consultantthrough Jun 30, 2025 ACFR
- H•••••• M•••••••• E•••••••• P•••••• S••••• Specialist consultantthrough Jun 30, 2025 ACFR
- C•••• P•••••• P••• Investment adviser (plan)through Dec 31, 2023 Form 5500
- T•• C•••••••• P•••••• P••• Investment adviser (plan)through Dec 31, 2022 Form 5500
- H•• N•••••• N••• S••••••••• I••• R••••••••• P••• Pension consultantthrough Dec 31, 2022 Form 5500
- H••••••••• I•••••• I••••••••• R••••••••• P••• B• Pension consultantthrough Dec 31, 2022 Form 5500
- H••••••••• I•••••• I••••••••• I••• N•••••• N••• O••••••••• P•••••• P••• f•• E•••••••• C•••••• b• U••••• S••••••••• L•••• 8••• C•• Pension consultantthrough Dec 31, 2022 Form 5500
- H•• I•••••• S••••••••• I••• H••••• E••••••••• R••••••••• P••• Pension consultantthrough Dec 31, 2022 Form 5500
Schedule C rows
22 rows, $6.1M direct compensation as filed
Form ADV readings
- charity clients 2 May 4, 2026 reported
- government clients 9 May 4, 2026 reported
- institutional clients 18 May 4, 2026 reported
- pension plan clients 7 May 4, 2026 reported
- raum discretionary $49B May 4, 2026 reported
- raum institutional $1.6B May 4, 2026 reported
- raum total $49B May 4, 2026 reported
What changed
- C••••••••• L•• no longer appears on C•••• P•••••• P•••'s Schedule C as investment adviser (plan) (plan year 2024 vs 2023)with C••••••••• L••askebsa.dol.gov
- C••••••••• L•• appears on C•••• P•••••• P•••'s Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with C••••••••• L••askebsa.dol.gov