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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

WINDHAM CAPITAL MANAGEMENT, LLC

CRD 110539

CAMBRIDGE, MA

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Search this name across graphsid dfx:ria:6d4339a6-32ed-6ee2-c846-22e9003cfd6e

Data as of Sep 19, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:26 AM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 13
On other graphs: 0
Observed: Mar 30, 2012 to Sep 19, 2024
30 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $192MItem 5.F on the latest filing (2024-09-19); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $192M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 9
Advisory employees: 5
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 3
Private funds: 2Schedule D 7.B(1)
Private fund GAV: $192Mgross asset value as reported per fund; never fund size
Custody, client assets: $5.4M
SEC number: 801-45014
CRD: 110539
Filings on the tape: 30
First filed: Mar 30, 2012
Latest filed: Sep 19, 2024
Organised: Limited Liability Company, Massachusetts

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
WINDHAM RISK PREMIA FUND (DELAWARE) LP	Hedge Fund	$389M	May 6, 2022	10	Mar 29, 2018	dropped	021-294800
WINDHAM RISK PREMIA FUND (CAYMAN) MASTER FUND LP	Hedge Fund	$187M	Sep 19, 2024	11	Mar 29, 2018	reported	021-294800
WINDHAM RISK PREMIA (CAYMAN) FUND LTD.	Hedge Fund	$18.4M	May 6, 2022	7	Mar 27, 2017	dropped	021-270324
WINDHAM QUANTITATIVE COMMODITY FUND LP	Hedge Fund	$5.4M	Sep 19, 2024	3	Mar 29, 2024	reported	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
Dausch, Justin, Carter	CHIEF COMPLIANCE OFFICER	Na	yes	05/2022	May 6, 2022	Sep 19, 2024
KRITZMAN, MARK, PAUL	MEMBER & CHIEF EXECUTIVE OFFICER	E	yes	07/1993	Mar 30, 2012	Sep 19, 2024
Kulasekaran, Nedunceliyan	MEMBER & MANAGING DIRECTOR OF RESEARCH	B	yes	01/2022	Mar 25, 2022	Sep 19, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
WINDHAM CAPITAL GP 1, LLC	n/a	n/a	n/a	Y	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2023	Mar 29, 2024	$612M	$612M	11	6	0	2	$322M
2022	Mar 23, 2023	$632M	$632M	11	6	0	1	$337M
2021	Mar 25, 2022	$946M	$946M	15	8	0	3	$832M
2020	Mar 29, 2021	$912M	$912M	17	8	0	3	$834M
2019	Mar 30, 2020	$1.0B	$1.0B	20	10	0	3	$1.0B
2018	Mar 29, 2019	$855M	$855M	20	10	0	3	$747M
2017	Mar 29, 2018	$877M	$519M	20	10	0	3	$46.3M
2016	Mar 27, 2017	$907M	$443M	22	10	n/a	1	$11.6M
2015	Mar 23, 2016	$1.7B	$916M	23	8	n/a	n/a	n/a
2014	Mar 31, 2015	$2.8B	$1.6B	20	9	n/a	n/a	n/a
2013	Mar 25, 2014	$1.2B	$1.1B	21	9	n/a	n/a	n/a
2012	Mar 22, 2013	$1.0B	$1.0B	25	9	n/a	n/a	n/a
2011	Mar 30, 2012	$74B	$737M	n/a	n/a	n/a	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2023	$192M	$632M	-69.6%	$912M	-40.5%	9	11	0	0

Relationships

Advises (4)

→ WINDHAM QUANTITATIVE COMMODITY FUND LPPrivate fundHedge Fund, IA
Mar 29, 2024 to presentfactForm ADV
→ WINDHAM RISK PREMIA FUND (CAYMAN) MASTER FUND LPPrivate fundHedge Fund, IA
Mar 29, 2018 to presentfactForm ADV
→ WINDHAM RISK PREMIA FUND (DELAWARE) LPPrivate fundHedge Fund, IA, no longer reported
Mar 29, 2018 to May 6, 2022factForm ADV
→ WINDHAM RISK PREMIA (CAYMAN) FUND LTD.Private fundHedge Fund, IA, no longer reported
Mar 27, 2017 to May 6, 2022factForm ADV

Controls (3)

← KRITZMAN, MARK, PAULOwnerMEMBER & CHIEF EXECUTIVE OFFICER, ownership code E, individual
Mar 30, 2012 to presentfactForm ADV
← Dausch, Justin, CarterOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
May 6, 2022 to presentfactForm ADV
← Kulasekaran, NedunceliyanOwnerMEMBER & MANAGING DIRECTOR OF RESEARCH, ownership code B, individual
Mar 25, 2022 to presentfactForm ADV

Registered with (5)

← Alexa KoziolAdvisorregistration: previous registration
Jul 14, 2023 to Mar 13, 2024factForm ADV
← Amanda Christina PrestonAdvisorregistration: previous registration
Nov 13, 2018 to Nov 2, 2022factForm ADV
← WILLIAM DOUGLAS KINDLEAdvisorregistration: previous registration
Jun 29, 2021 to Nov 17, 2021factForm ADV
← LUCAS F TURTONAdvisorregistration: previous registration
Nov 18, 2010 to Dec 19, 2019factForm ADV
← KAREN FERNANDESAdvisorregistration: previous registration
Mar 8, 2011 to Sep 16, 2015factForm ADV

Dated events

Occurred
Sep 19, 2024
Control person left
Ray Richard Lindsey (Chief Investment Officer) no longer on Schedule A of Windham Capital Management, Llc (listed 2024-07-12, absent 2024-09-19)
Form ADVobserved 4 days ago
Occurred
Jul 12, 2024
Regulatory AUM changed
Windham Capital Management, Llc reported RAUM $192.1M, down 69% from $611.9M (2024-03-29 to 2024-07-12)
Form ADVobserved 4 days ago
$-420M
Occurred
Mar 13, 2024
Advisor changed firm
Alexa Koziol left Windham Capital Management, Llc for Clayton Financial Group, Llc (registered 2025-06-16)
Form ADVobserved 4 days ago
Occurred
Mar 23, 2023
Regulatory AUM changed
Windham Capital Management, Llc reported RAUM $631.9M, down 33% from $945.6M (2022-05-06 to 2023-03-23)
Form ADVobserved 4 days ago
$-314M
Occurred
Nov 2, 2022
Advisor changed firm
Amanda Christina Preston left Windham Capital Management, Llc for 3Edge Asset Management, Lp (registered 2022-11-17)
Form ADVobserved 4 days ago
Occurred
May 6, 2022
Control person joined
Carter Justin Dausch (Chief Compliance Officer) appeared on Schedule A of Windham Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
May 6, 2022
Control person left
Elizabeth Thedford (Chief Compliance Officer) no longer on Schedule A of Windham Capital Management, Llc (listed 2022-03-25, absent 2022-05-06)
Form ADVobserved 4 days ago
Occurred
Mar 25, 2022
Control person joined
Nedunceliyan Kulasekaran (Member & Managing Director Of Research) appeared on Schedule A of Windham Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Apr 16, 2021
Control person left
Wade Stanley Shelton (Member) no longer on Schedule A of Windham Capital Management, Llc (listed 2021-03-29, absent 2021-04-16)
Form ADVobserved 4 days ago
Occurred
Mar 30, 2020
Control person joined
Ray Richard Lindsey (Chief Investment Officer) appeared on Schedule A of Windham Capital Management, Llc
Form ADVobserved 4 days ago
Occurred
Nov 7, 2019
Control person left
F Lucas Turton (Member) no longer on Schedule A of Windham Capital Management, Llc (listed 2019-03-29, absent 2019-11-07)
Form ADVobserved 4 days ago
Occurred
Feb 15, 2019
Control person left
C Charles Cutrell (Member & Cco) no longer on Schedule A of Windham Capital Management, Llc (listed 2018-03-29, absent 2019-02-15)
Form ADVobserved 4 days ago
Occurred
Feb 15, 2019
Control person joined
Elizabeth Thedford (Chief Compliance Officer) appeared on Schedule A of Windham Capital Management, Llc
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:6d4339a6-32ed-6ee2-c846-22e9003cfd6e
First observed: Mar 30, 2012
Last observed: Sep 19, 2024 24 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

WINDHAM CAPITAL MANAGEMENT, LLC

CRD 110539

CAMBRIDGE, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:6d4339a6-32ed-6ee2-c846-22e9003cfd6e

Data as of Sep 19, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:26 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

WINDHAM RISK PREMIA FUND (DELAWARE) LP

Hedge Fund

$389M

May 6, 2022

Mar 29, 2018

dropped

021-294800

WINDHAM RISK PREMIA FUND (CAYMAN) MASTER FUND LP

Hedge Fund

$187M

Sep 19, 2024

Mar 29, 2018

reported

021-294800

WINDHAM RISK PREMIA (CAYMAN) FUND LTD.

Hedge Fund

$18.4M

May 6, 2022

Mar 27, 2017

dropped

021-270324

WINDHAM QUANTITATIVE COMMODITY FUND LP

Hedge Fund

$5.4M

Sep 19, 2024

Mar 29, 2024

reported

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Dausch, Justin, Carter

CHIEF COMPLIANCE OFFICER

yes

05/2022

May 6, 2022

Sep 19, 2024

KRITZMAN, MARK, PAUL

MEMBER & CHIEF EXECUTIVE OFFICER

yes

07/1993

Mar 30, 2012

Sep 19, 2024

Kulasekaran, Nedunceliyan

MEMBER & MANAGING DIRECTOR OF RESEARCH

yes

01/2022

Mar 25, 2022

Sep 19, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

WINDHAM CAPITAL GP 1, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Mar 29, 2024

$612M

$322M

2022

Mar 23, 2023

$632M

$337M

2021

Mar 25, 2022

$946M

$832M

2020

Mar 29, 2021

$912M

$834M

2019

Mar 30, 2020

$1.0B

2018

Mar 29, 2019

$855M

$747M

2017

Mar 29, 2018

$877M

$519M

$46.3M

2016

Mar 27, 2017

$907M

$443M

n/a

$11.6M

2015

Mar 23, 2016

$1.7B

$916M

n/a

2014

Mar 31, 2015

$2.8B

$1.6B

n/a

2013

Mar 25, 2014

$1.2B

$1.1B

n/a

2012

Mar 22, 2013

$1.0B

n/a

2011

Mar 30, 2012

$74B

$737M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2023

$192M

$632M

-69.6%

$912M

-40.5%