DFX Intelligence

Data Factory

RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

XEBEC ASSET MANAGEMENT, LLC

CRD 305669

DALLAS, TX

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:8770e395-9848-1209-5f39-2ba9d5afef8d

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 2:36 AM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 8
On other graphs: 1
Observed: Jan 24, 2020 to Mar 30, 2026
16 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Real Estate Fundsidentity

Xebec Asset Management, LLC

Real estate fund manager · shared crd

Facts

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

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $484MItem 5.F on the latest filing (2026-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $484M
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: 29
Advisory employees: 18
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 8
Private funds: 8Schedule D 7.B(1)
Custody, client assets: $484M
Relying advisers: 2
SEC number: 801-118122
CRD: 305669
Filings on the tape: 16
First filed: Jan 24, 2020
Latest filed: Mar 30, 2026
Organised: Limited Liability Company, DE
Website: xebeclogisticstrust.com

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
XEBEC LOGISTICS TRUST, LP	Real Estate Fund	$215M	Sep 26, 2024	95	Jan 24, 2020	reported	021-6957
SANDOW LAKES RANCH FUND I, LLC	Real Estate Fund	$155M	Sep 26, 2024	64	Nov 19, 2021	reported	021-418893
LAKELAND XF, LLC	Real Estate Fund	$28.0M	Jul 9, 2020	45	Jan 24, 2020	dropped	021-31061
PECAN XC OPPORTUNITY FUND, LLC	Real Estate Fund	$23.4M	Sep 26, 2024	36	Mar 31, 2022	reported	021-415607
3344 MEDFORD XC OPPORTUNITY FUND, LLC	Real Estate Fund	$16.2M	Sep 26, 2024	50	Mar 31, 2022	reported	021-405900
15191 SYLMAR QOF, LLC	Real Estate Fund	$11.7M	Sep 26, 2024	28	Mar 31, 2021	reported	021-370111
LONDON GROVEPORT XO CO-INVESTMENT FUND, LLC	Real Estate Fund	$2.6M	Sep 26, 2024	17	Jan 24, 2020	reported	021-348133
LOGISTIX HUB COINVESTMENT HOLDINGS, LLC	Real Estate Fund	$2.3M	Sep 26, 2024	3	Mar 31, 2021	reported	021-393740
XEBEC OPPORTUNITY FUND I, LLC	Real Estate Fund	$960,242	Sep 26, 2024	47	Jan 24, 2020	reported	021-297480

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
KENDRICK, RANDALL, RAYMOND	Owner	E	yes	05/2017	Jan 24, 2020	Sep 26, 2024
Khan, Adeel	CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER	Na	yes	09/2023	Mar 28, 2024	Sep 26, 2024
Soni, Jay, Raaj	President	Na	yes	02/2023	Feb 23, 2023	Sep 26, 2024
XEBEC HOLDINGS, LLC	Owner	E	yes	06/2017	Jan 24, 2020	Sep 26, 2024
XH INVESTOR MEMBER, LLC	Owner	D	yes	05/2017	Jan 24, 2020	Sep 26, 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
XEBEC LOGISTICS TRUST GP, LLC	n/a	n/a	n/a	N	yes	n/a
XEBEC RAE, LLC	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
SEAL BEACH	CA	United States	18	no

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
2025	Mar 30, 2026	$484M	$484M	29	18	2	8	n/a
2024	Mar 24, 2025	$379M	$379M	33	33	1	7	n/a
2023	Mar 28, 2024	$427M	$427M	38	38	1	8	$427M
2022	Mar 30, 2023	$438M	$438M	42	42	1	8	$438M
2021	Mar 31, 2022	$259M	$259M	39	39	1	8	$259M
2020	Mar 31, 2021	$254M	$254M	27	27	2	5	$254M

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
2025	$484M	$379M	27.8%	$438M	3.4%	29	33	2	1

Relationships

Advises (9)

→ 15191 SYLMAR QOF, LLCPrivate fundReal Estate Fund, IA
Mar 31, 2021 to presentfactForm ADV
→ LOGISTIX HUB COINVESTMENT HOLDINGS, LLCPrivate fundReal Estate Fund, IA
Mar 31, 2021 to presentfactForm ADV
→ PECAN XC OPPORTUNITY FUND, LLCPrivate fundReal Estate Fund, IA
Mar 31, 2022 to presentfactForm ADV
→ LONDON GROVEPORT XO CO-INVESTMENT FUND, LLCPrivate fundReal Estate Fund, IA
Jan 24, 2020 to presentfactForm ADV
→ SANDOW LAKES RANCH FUND I, LLCPrivate fundReal Estate Fund, IA
Nov 19, 2021 to presentfactForm ADV
→ XEBEC LOGISTICS TRUST, LPPrivate fundReal Estate Fund, IA
Jan 24, 2020 to presentfactForm ADV
→ 3344 MEDFORD XC OPPORTUNITY FUND, LLCPrivate fundReal Estate Fund, IA
Mar 31, 2022 to presentfactForm ADV
→ XEBEC OPPORTUNITY FUND I, LLCPrivate fundReal Estate Fund, IA
Jan 24, 2020 to presentfactForm ADV
→ LAKELAND XF, LLCPrivate fundReal Estate Fund, IA, no longer reported
Jan 24, 2020 to Jul 9, 2020factForm ADV

Controls (5)

← KENDRICK, RANDALL, RAYMONDOwnerOWNER, ownership code E, individual
Jan 24, 2020 to Sep 26, 2024factForm ADV
← Soni, Jay, RaajOwnerPRESIDENT, ownership code NA, individual
Feb 23, 2023 to Sep 26, 2024factForm ADV
← Khan, AdeelOwnerCHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 28, 2024 to Sep 26, 2024factForm ADV
← XEBEC HOLDINGS, LLCOwnerOWNER, ownership code E, domestic entity
Jan 24, 2020 to Sep 26, 2024factForm ADV
← XH INVESTOR MEMBER, LLCOwnerOWNER, ownership code D, domestic entity
Jan 24, 2020 to Sep 26, 2024factForm ADV

Dated events

Occurred
Mar 30, 2026
Regulatory AUM changed
Xebec Asset Management, Llc reported RAUM $484.5M, up 28% from $379.0M (2025-05-19 to 2026-03-30)
Form ADVobserved 6 days ago
$106M
Occurred
Sep 26, 2024
Control person left
Barnhart Julia Cooper (Director, Chief Compliance Officer And Secretary) no longer on Schedule A of Xebec Asset Management, Llc (listed 2024-06-13, absent 2024-09-26)
Form ADVobserved 6 days ago
Occurred
Mar 28, 2024
Control person joined
Adeel Khan (Director, Chief Financial Officer) appeared on Schedule A of Xebec Asset Management, Llc
Form ADVobserved 6 days ago
Occurred
Mar 30, 2023
Regulatory AUM changed
Xebec Asset Management, Llc reported RAUM $438.0M, up 69% from $258.9M (2023-02-23 to 2023-03-30)
Form ADVobserved 6 days ago
$179M
Occurred
Feb 23, 2023
Control person left
Scott John Hodgkins (Managing Director) no longer on Schedule A of Xebec Asset Management, Llc (listed 2022-06-13, absent 2023-02-23)
Form ADVobserved 6 days ago
Occurred
Feb 23, 2023
Control person joined
Raaj Jay Soni (Managing Director) appeared on Schedule A of Xebec Asset Management, Llc
Form ADVobserved 6 days ago
Occurred
Jul 9, 2020
Control person left
Frederick John Lehr (President & Chief Executive Officer) no longer on Schedule A of Xebec Asset Management, Llc (listed 2020-01-24, absent 2020-07-09)
Form ADVobserved 6 days ago
Occurred
Jan 24, 2020
First Form ADV filing
Xebec Asset Management, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:8770e395-9848-1209-5f39-2ba9d5afef8d
First observed: Jan 24, 2020
Last observed: Mar 30, 2026 5 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.

XEBEC ASSET MANAGEMENT, LLC

CRD 305669

DALLAS, TX

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:8770e395-9848-1209-5f39-2ba9d5afef8d

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 2:36 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

XEBEC LOGISTICS TRUST, LP

Real Estate Fund

$215M

Sep 26, 2024

Jan 24, 2020

reported

021-6957

SANDOW LAKES RANCH FUND I, LLC

Real Estate Fund

$155M

Sep 26, 2024

Nov 19, 2021

reported

021-418893

LAKELAND XF, LLC

Real Estate Fund

$28.0M

Jul 9, 2020

Jan 24, 2020

dropped

021-31061

PECAN XC OPPORTUNITY FUND, LLC

Real Estate Fund

$23.4M

Sep 26, 2024

Mar 31, 2022

reported

021-415607

3344 MEDFORD XC OPPORTUNITY FUND, LLC

Real Estate Fund

$16.2M

Sep 26, 2024

Mar 31, 2022

reported

021-405900

15191 SYLMAR QOF, LLC

Real Estate Fund

$11.7M

Sep 26, 2024

Mar 31, 2021

reported

021-370111

LONDON GROVEPORT XO CO-INVESTMENT FUND, LLC

Real Estate Fund

$2.6M

Sep 26, 2024

Jan 24, 2020

reported

021-348133

LOGISTIX HUB COINVESTMENT HOLDINGS, LLC

Real Estate Fund

$2.3M

Sep 26, 2024

Mar 31, 2021

reported

021-393740

XEBEC OPPORTUNITY FUND I, LLC

Real Estate Fund

$960,242

Sep 26, 2024

Jan 24, 2020

reported

021-297480

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

KENDRICK, RANDALL, RAYMOND

Owner

yes

05/2017

Jan 24, 2020

Sep 26, 2024

Khan, Adeel

CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER

yes

09/2023

Mar 28, 2024

Sep 26, 2024

Soni, Jay, Raaj

President

yes

02/2023

Feb 23, 2023

Sep 26, 2024

XEBEC HOLDINGS, LLC

Owner

yes

06/2017

Jan 24, 2020

Sep 26, 2024

XH INVESTOR MEMBER, LLC

Owner

yes

05/2017

Jan 24, 2020

Sep 26, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

XEBEC LOGISTICS TRUST GP, LLC

n/a

yes

n/a

XEBEC RAE, LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

SEAL BEACH

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$484M

n/a

2024

Mar 24, 2025

$379M

n/a

2023

Mar 28, 2024

$427M

2022

Mar 30, 2023

$438M

2021

Mar 31, 2022

$259M

2020

Mar 31, 2021

$254M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$484M

$379M

27.8%

$438M

3.4%