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A•••• I••••••••• M••••••••• L••

Buyout firmClassification confirmedMiddle marketSEC registered investment adviser· Palm Beach, FL

••• Locked

Regulatory AUM
$3.5B
Form ADV
PE fund assets
$3.5B
Form ADV
PE funds
11
Form ADV
Investments held
51 of 51
DFX transaction tape
Deals, last 12 months
1
DFX transaction tape
As of · identity and classification; each section below carries its own date
Classification
How this organization is classified, and on what basisBuyout firm · 2 in historyShow
Class
Buyout firmconfirmed, confidence 85%
Basis
17 of 17 distinct vehicles are sworn Private Equity Funds; 11 reported gross assets on a filing in 2022 or later
Size band
Middle marketdefined by: proxy: $3.48bn Private Equity Fund GAV on the Form ADV filed 2026-05-20
Strategies
Private credit
Classification history (2)
  1. Sep 23, 2026
    Buyout firm (confirmed, 85%)
    17 of 17 distinct vehicles are sworn P•••••• Equity Funds; 11 reported gross assets on a filing in 2022 or later
  2. Sep 13, 2026
    Buyout firm (confirmed, 85%)
    12 of 15 distinct vehicles are sworn P•••••• Equity Funds; 6 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)
Adviser type
Registered investment adviser
Form ADV filings
Feb 13, 2012 to May 20, 2026
RAUM
$3.5Bregulatory assets under management of the adviser; not dry powder, not a fund size
PE funds, latest filing
11
PE fund GAV, latest filing
$3.5Breported gross assets (Form ADV), not fund size
All private fund GAV
$3.5Bevery private fund type, latest filing
2024 PE fund GAV
$3.5Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
PE share of funds, lifetime
100%
Fund type mix
  • Private equity fund: 11 funds, $3.5B reported gross assets, 17 ever reported
Form ADV filed May 20, 2026
Employees
25
Headquarters
Palm Beach, FL
Office address
••• Locked
Business phone
••• Locked
Stated criteria beside observed behaviour
51 observed deals
Stated by the firm
Sectors
not stated or not yet read
Geography
not stated or not yet read
Revenue
not stated or not yet read
EBITDA
not stated or not yet read
Enterprise value
not stated or not yet read
Equity check
not stated or not yet read
Control
not stated or not yet read
Thesis
••• Locked
Observed from deals on record
On record
51 companies, 51 holdings, 2 transactions
Period
2025 to 2026 (4 dated observations, 49 holdings undated)
Deal roles
2 platforms, 49 with role not stated
Control
2 control, 49 not stated
Bought from
1 corporate parent
By year
2025: 1 platform; 2026: 1 platform

51 companies on the graph (2 transactions); 2 platforms and 0 add-ons; observed 2025 to 2026

Funds
17 on record
FundVehicleVintageReported gross assets (Form ADV), not fund sizeGAV by yearForm D soldLifecycle
A•••• I••••••••• I• • A•• F••• Q•• L•••
ADV: P•••••• Equity Fund
Feeder or parallel2021
first reported on Form ADV
$0
as of Mar 31, 2021
no Form DWound down
A•••• I••••••••• I• • A•• F•••• L•••
ADV: P•••••• Equity Fund
Feeder or parallel2021
first reported on Form ADV
$0
as of Mar 31, 2021
no Form DWound down
A•••• I••••••••• V• L•••
ADV: P•••••• Equity Fund
buyout or unlabelled2020
Form D first sale
$641M
as of May 20, 2026
$1.5BUnknown
A•••• I••••••••• V••• L•••
ADV: P•••••• Equity Fund
Feeder or parallel2020
Form D first sale
$494M
as of May 20, 2026
$1.5BSuccessor fundraising
A•••• D••• O••••••••• F••• I•• L•••
ADV: P•••••• Equity Fund
Credit fund2020
Form D first sale
$84.3M
as of May 20, 2026
$169MHarvest
A•••• D••• O••••••••• F••• I•••• L•••
ADV: P•••••• Equity Fund
Credit fund2020
Form D first sale
$19.2M
as of May 20, 2026
$169MHarvest
A•••• I••••••••• I•• L•••
ADV: P•••••• Equity Fund
buyout or unlabelled2016
first reported on Form ADV
$943M
as of May 20, 2026
no Form DUnknown
A•••• D••• O••••••••• F••• I• L•••
ADV: P•••••• Equity Fund
Credit fund2016
first reported on Form ADV
$36.9M
as of May 20, 2026
no Form DHarvest
A•••• A••••••••• F••• I•• L•••
ADV: P•••••• Equity Fund
Feeder or parallel2016
first reported on Form ADV
$4.4M
as of May 20, 2026
no Form DUnknown
A•••• I••••••••• V•• L•••
ADV: P•••••• Equity Fund
buyout or unlabelledunknown$630M
as of May 20, 2026
$0Unknown
A•••• I••••••••• V•••• L•••
ADV: P•••••• Equity Fund
Feeder or parallelunknown$580M
as of May 20, 2026
$0Unknown
A•••• I••••••••• I••• L•••
ADV: P•••••• Equity Fund
buyout or unlabelledunknown$44.4M
as of May 20, 2026
no Form DHarvest
A•••• I••••••••• I•• L•••
ADV: P•••••• Equity Fund
buyout or unlabelledunknown$572,660
as of Mar 31, 2021
no Form DWound down
A•••• P•••••• I••••••••• C••••••• L•••
ADV: P•••••• Equity Fund
buyout or unlabelledunknown$340,782
as of Nov 14, 2016
no Form DWound down
A•••• I••••••••• I• Q•• L•••
ADV: P•••••• Equity Fund
buyout or unlabelledunknown$248,232
as of Mar 31, 2021
no Form DWound down
A•••• A••••••••• F••• I••• L•••
ADV: P•••••• Equity Fund
Feeder or parallelunknown$161,432
as of May 20, 2026
no Form DHarvest
M••••••• B••••• I••••••••• L•••
ADV: P•••••• Equity Fund
buyout or unlabelledunknown$105,721
as of Nov 14, 2016
no Form DWound down
Team
32 current, 2 former
Managing partner (3)
Partner (2)
Principal (3)
Vice president (3)
Associate (2)
Operating partner (7)
Platform (11)
Other (1)
2 former (kept with end dates)
Portfolio
51 relationships, 2 platforms, 0 add-ons
CompanyRoleStatusInvestedHeldPartnerSource
F•••••• F••••PlatformactiveFeb 9, 2026
transaction announcement
8 monthsG••• P•••••• (confirmed)Fact Press release
A••••• F••••••••• I•••PlatformactiveSep 17, 2025
transaction announcement
1.0 yearsunknownFact Press release
A••Role unknownactiveunknownunknownunknownFact Firm website
A•••••Role unknownactiveunknownunknownunknownFact Firm website
B••••••• H•••Role unknownactiveunknownunknownunknownFact Firm website
C•••••••• M••• C••••••Role unknownactiveunknownunknownunknownFact Firm website
C••••••• M••••Role unknownactiveunknownunknownunknownFact Firm website
C•••••• F••••Role unknownactiveunknownunknownunknownFact Firm website
C••••• S••••••••Role unknownactiveunknownunknownunknownFact Firm website
C•••• B•••••••Role unknownactiveunknownunknownunknownFact Firm website
D••• G••• F••••Role unknownactiveunknownunknownunknownFact Firm website
D•••••••••Role unknownactiveunknownunknownunknownFact Firm website
D•• S•••••••• F••••Role unknownactiveunknownunknownunknownFact Firm website
D••• P••••Role unknownactiveunknownunknownunknownFact Firm website
F••••••••• F••••Role unknownactiveunknownunknownunknownFact Firm website
F••• S••• S•••••Role unknownactiveunknownunknownunknownFact Firm website
F••••••• S••••Role unknownactiveunknownunknownunknownFact Firm website
F•••••• F••••Role unknownactiveunknownunknownunknownFact Firm website
G••• S••••••• B•••••Role unknownactiveunknownunknownunknownFact Firm website
G••••• W••••••Role unknownactiveunknownunknownunknownFact Firm website
G••••• W•••••• w•••••Role unknownactiveunknownunknownunknownFact Firm website
G•••• K•••••••Role unknownactiveunknownunknownunknownFact Firm website
G•••• L•••• P••••••••Role unknownactiveunknownunknownunknownFact Firm website
G•••• a•• S•••Role unknownactiveunknownunknownunknownFact Firm website
I••Role unknownactiveunknownunknownunknownFact Firm website
K•••• P•••••••• G••••Role unknownactiveunknownunknownunknownFact Firm website
M••••• B•••••Role unknownactiveunknownunknownunknownFact Firm website
M•••••• A•••••Role unknownactiveunknownunknownunknownFact Firm website
M•••••• P•••••••• • D••••••Role unknownactiveunknownunknownunknownFact Firm website
N••••••• D•••Role unknownactiveunknownunknownunknownFact Firm website
N•••••Role unknownactiveunknownunknownunknownFact Firm website
N••••••• N••• C••• C•••Role unknownactiveunknownunknownunknownFact Firm website
O••••• F••••• D••Role unknownactiveunknownunknownunknownFact Firm website
O••• F•••• B•••••Role unknownactiveunknownunknownunknownFact Firm website
P•• B••••Role unknownactiveunknownunknownunknownFact Firm website
R•• C••••• P•• F••••Role unknownactiveunknownunknownunknownFact Firm website
R••• G•••••Role unknownactiveunknownunknownunknownFact Firm website
R••• B••••• C••••••Role unknownactiveunknownunknownunknownFact Firm website
R•••• F••••Role unknownactiveunknownunknownunknownFact Firm website
S••• W••• L••••••Role unknownactiveunknownunknownunknownFact Firm website
S•••••• C••• C•••Role unknownactiveunknownunknownunknownFact Firm website
S•••••• Q•••••• S•Role unknownactiveunknownunknownunknownFact Firm website
S•••••••Role unknownactiveunknownunknownunknownFact Firm website
S••••••• I•••••••••Role unknownactiveunknownunknownunknownFact Firm website
S•••• G••• F••••Role unknownactiveunknownunknownunknownFact Firm website
T•••• P•••••• F••••Role unknownactiveunknownunknownunknownFact Firm website
T••••• L••••Role unknownactiveunknownunknownunknownFact Firm website
T•••• E•••••••••Role unknownactiveunknownunknownunknownFact Firm website
T•••••• D••••••••• C••••••Role unknownactiveunknownunknownunknownFact Firm website
U•••• P••••••• C•Role unknownactiveunknownunknownunknownFact Firm website
W•••• A••••Role unknownactiveunknownunknownunknownFact Firm website
Transactions
2 on record
DateTypeTargetThis firm’s roleSource
Feb 9, 2026Platform acquisitionF•••••• F••••Sponsor (confirmed)a•••••••.com
Sep 17, 2025Platform acquisitionA••••• F••••••••• I•••Sponsor (confirmed)a•••••••.com
Placement agents, lenders, advisers and co-investors
2 relationships
Placement agents (1)
  • S•••••• A••••••• L•• 11 shared · very strong · last Apr 8, 2024
Financial advisers (1)
  • C• S••••• P••••••• 1 shared · one time · last Sep 17, 2025
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
9 most recent
  1. Sep 8, 2026
    ••• Locked
    Firm newsFactFirm website
  2. May 20, 2026
    ••• Locked
    PE fund count changedFactForm ADV
  3. Mar 25, 2026
    ••• Locked
    Firm newsFactFirm website
  4. Mar 25, 2026
    ••• Locked
    Firm newsFactFirm website
  5. Mar 25, 2026
    ••• Locked
    Firm newsFactFirm website
  6. Mar 25, 2026
    ••• Locked
    Firm newsFactFirm website
  7. Feb 9, 2026
    ••• Locked
  8. Sep 17, 2025
  9. Feb 13, 2012
    ••• Locked
    First Form ADV filingFactForm ADV
Across the graphs

A•••• I••••••••• M••••••••• L•• is the same institution as 3 records in Independent Sponsors, RIA and Wealth and Private Credit.

Independent Sponsors1RIA and Wealth1Private Credit1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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