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228 wealth managers first reported 511 private funds in 2024; Gotham Asset Management, Llc added 43 | DFX Data Factory

FactRIA / Wealthconfidence high

228 wealth managers first reported 511 private funds in 2024; Gotham Asset Management, Llc added 43

observed in a filing or announcement; the statement is the source's

What happened

On Form ADV Schedule D 7.B.(1) filings dated 2024-01-01 to 2024-12-31 (the last year the SEC extract covers per fund), 228 advisers classed as wealth managers reported 511 private funds for the first time, $21.8B of gross asset value where reported. Most: Gotham Asset Management, Llc 43 (Hedge Fund); Focus Partners Wealth, Llc 11 (Hedge Fund, Other Private Fund, Private Equity Fund); Clp Asset Management, Llc 11 (Private Equity Fund, Real Estate Fund); Offit Capital 10 (Hedge Fund, Private Equity Fund); Canvas Wealth Advisors, Llc 10 (Real Estate Fund); Pathstone 9 (Hedge Fund, Other Private Fund, Private Equity Fund).

Why it is notable

A wealth manager reporting its first private funds is moving from allocating to sponsoring: an access vehicle, a co-investment SPV or a fund of funds for its own clients. The fund rows name the vehicle and its type; nothing here is a fund raise or a Form D.

When

Occurred: Nov 19, 2024
Window: Jan 1, 2024 to Dec 31, 2024
First detected: Sep 15, 2026, 8:45 AM UTC
Last confirmed: Sep 19, 2026, 12:30 AM UTC

Entities involved

wealth manager adding private funds
GOTHAM ASSET MANAGEMENT, LLC
wealth manager adding private funds
FOCUS PARTNERS WEALTH, LLC
wealth manager adding private funds
CLP ASSET MANAGEMENT, LLC
wealth manager adding private funds
OFFIT CAPITAL
wealth manager adding private funds
CANVAS WEALTH ADVISORS, LLC
wealth manager adding private funds
PATHSTONE

What supports it

20 evidence rows

filing
GOTHAM ASSET MANAGEMENT, LLC: 43 private funds first reported 2024-02-29 to 2024-11-19: GOTHAM TRIPLE ADVANTAGE STRATEGY LP - NEUTRAL, GOTHAM TRIPLE ADVANTAGE S&P 500 STRATEGY LP - SERIES M113, GOTHAM TRIPLE ADVANTAGE S&P 500 STRATEGY LP - SERIES M109, GOTHAM TRIPLE ADVANTAGE S&P 500 STRATEGY LP - SERIES M127
Form ADVria_pub_fund.adviser_crd=149335
filing
FOCUS PARTNERS WEALTH, LLC: 11 private funds first reported 2024-06-07 to 2024-09-10: TRAILHEAD INCOME, LP, TOPRIDGE CAPITAL PARTNERS (AI, L.P., GC OPPORTUNITIES 2 PRIVATE FUND, LP, TRAILHEAD GROWTH, LP
Form ADVria_pub_fund.adviser_crd=159289
filing
CLP ASSET MANAGEMENT, LLC: 11 private funds first reported 2024-03-19 to 2024-03-19: CLPI - RE I, CLPI - BIG RIG, CLPI - RECYCLING, CLPI - ERIE STREET I
Form ADVria_pub_fund.adviser_crd=305962
filing
OFFIT CAPITAL: 10 private funds first reported 2024-03-29 to 2024-04-29: OCA PREFERRED INCOME LLC, OCA L CATTERTON X LLC, OCA JPAF SEGREGATED PORTFOLIO, OCA H SPECIALTY LENDING VI LLC

Metrics

firms: 228
funds: 511
gav usd: $22B
reporting ends: Dec 31, 2024

rows

crd	name	funds	state	gav usd	raum usd	firm class
149335	GOTHAM ASSET MANAGEMENT, LLC	43	NY	$33.8M	$30B	MIXED_WEALTH
159289	FOCUS PARTNERS WEALTH, LLC	11	MO	$228M	$182B	INDEPENDENT_WEALTH
305962	CLP ASSET MANAGEMENT, LLC	11

Method and coverage

Detector: RIA_WEALTH_PRIVATE_VEHICLES v1
Kind: FACT: observed in a filing or announcement; the statement is the source's
Query: select adviser_crd, count(*) from ria_pub_fund where first_reported_at between '2024-01-01' and '2024-12-31' and adviser_class in wealth classes group by 1
Coverage: Per-fund reporting comes from the SEC FOIA extract, which ends 2024-12-31; a fund first reported in 2025 or 2026 is not on the graph as a row (the roster reports a count per firm; see the roster finding). Wealth manager is the lane's printed class (private client share of RAUM at least half). RAUM is regulatory assets under management as filed on Form ADV; it double counts affiliates and is never a person's book.

156 wealth managers reported more private funds on their latest annual amendment, 445 in total