DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

S•••••• G••• A••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 106788SEC 801-49482websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Nov 16, 2011 · 34 filings
SEC status approved since Jul 6, 1995
RAUM
$18B
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
130
71 advisory (5.B.1)
Offices
13
beyond the principal office
Private funds
139
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$18B as of Mar 25, 2026
Mar 30, 2012$9.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Apr 1, 20130 then
Employees (5.A)130 as of Mar 25, 2026
Apr 1, 201383 then
Private funds139 as of Mar 25, 2026
Mar 30, 201274 then
RAUM +8.2% over the last fiscal year+3.2% a year over threeIARs 0 to 0offices 11 to 13
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$125MderivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
30%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived14 offices incl. principal (1.F.5)
RAUM growth, one year
+8.2%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$12B68%
  • Pension and profit-sharing plans$5.4B30%
  • Corporations and businesses$427M2.3%
  • Charitable organizations$13.1M0.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
27reported
Charitable clients
3reported
Accounts
146reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=0.68 institutional_share=0.3 related_bd=true related_bank=true bd_reps=16.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      190 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•••••• G••• S•••• B••••• O••••••••• F••• V• L•Private Equity Fund$1.2B87Mar 29, 2023
      S•••••• G••• S•••• B••••• O••••••••• F••• I•• L•Private Equity Fund$1.1B79Mar 27, 2020
      S•••••• G••• S•••• B••••• O••••••••• F••• I••• L•Private Equity Fund$845M64Mar 29, 2017
      S•••••• G••• S•••• B••••• O••••••••• F••• V• ••• L•Private Equity Fund$808M145Mar 29, 2023
      S•••••• G••• S•••• B••••• O••••••••• F••• I• ••• L•Private Equity Fund$697M116Mar 27, 2020
      S•••••• G••• H• C•••• O••••••••• F••• I•• L•Private Equity Fund$485M5Mar 29, 2017
      S•••••• G••• B••••• S•••••• S••••••••• F••• I•• L•Private Equity Fund$440M63Mar 27, 2020
      S•••••• G••• N•• J••••• D••••••••• M•••••• F•••• L•Private Equity Fund$418M2Mar 31, 2015
      S•••••• G••• B••• I••• O••••••••• F•••• L•Private Equity Fund$347M2Mar 29, 2023
      S•••••• G••• B••••• S•••••• S••••••••• F•••• L•Private Equity Fund$339M95Mar 29, 2019
      S•••••• G••• D••••••••• O••••••••• F••• V• L•Private Equity Fund$335M31Mar 29, 2017
      S•••••• G••• A••••••• O••••••••• F••• I•• L•Private Equity Fund$309M3Mar 29, 2023
      S•••••• G••• S•••• B••••• O••••••••• F••• I•• ••• L•Private Equity Fund$256M99Mar 29, 2017
      S•••••• G••• H• C•••• O••••••••• F•••• L•Private Equity Fund$244M2Mar 30, 2012
      S•••••• G••• H•••••• O••••••••• F•••• L•Private Equity Fund$243M2Mar 30, 2012
      S•••••• G••• S•••• B••••• O••••••••• F••• V• ••• L•Private Equity Fund$240M24Mar 29, 2023
      S•••••• G••• C•••••• O••••••••• F•••• L•Private Equity Fund$224M3Mar 28, 2018
      S•••••• G••• D••••••••• O••••••••• F••• I• ••• L•Private Equity Fund$214M20Mar 30, 2012
      S•••••• G••• M•••• S•••• O••••••••• F•••• L•Private Equity Fund$211M2Mar 29, 2016
      S•••••• G••• S•••• B••••• O••••••••• F••• I• ••• L•Private Equity Fund$207M14Mar 30, 2012
      S•••••• G••• S• O••••••••• F•••• L•Private Equity Fund$198M2Mar 31, 2021
      S•••••• G••• H••••• O••••••••• F•••• L•Private Equity Fund$183M3Mar 30, 2012
      S•••••• G••• A••••••• O••••••••• F•••• L•Private Equity Fund$171M2Mar 28, 2018
      S•••••• G••• D••••••••• R••• E••••• O••••••••• F••• I• ••• L•Real Estate Fund$169M150Mar 31, 2014
      S•••••• G••• T••••••• O••••••••• F•••• L•Private Equity Fund$169M2Mar 28, 2018
      S•••••• G••• C••••• O••••••••• F•••• L•Private Equity Fund$165M2Mar 31, 2015
      S•••••• G••• V•••••• O••••••••• F•••• L•Private Equity Fund$163M2Mar 28, 2018
      T•• T•••••• C•••••• L•••••• O• B••••• O• T•• T•• P•••••• F•••no longer reportedPrivate Equity Fund$161M1Mar 29, 2019
      S•••••• G••• D••••••••• R••• E••••• O••••••••• F••• I•• L•Real Estate Fund$158M47Mar 31, 2014
      S•••••• G••• S•••• B••••• O••••••••• F••• I•• ••• L•Private Equity Fund$151M15Mar 29, 2017
      S•••••• G••• D••••••••• O••••••••• F••• I••• L•Private Equity Fund$150M93Mar 30, 2012
      S•••••• G••• D••• V•••• O••••••••• F•••• L•Private Equity Fund$147M2Mar 28, 2022
      S•••••• G••• S•••• B••••• O••••••••• F••• I• ••• L•Private Equity Fund$142M110Mar 30, 2012
      S•••••• G••• D••••••••• O••••••••• F••• V• ••• L•Private Equity Fund$136M222Mar 29, 2017
      S•••••• G••••• F•••• L•••Private Equity Fund$134M2Mar 30, 2012
      S•••••• G••• P•••••• G••••• E••••••• M•••••• F•••• L•Private Equity Fund$132M2Mar 28, 2018
      S•••••• G••• S•••• B••••• O••••••••• F••• I• ••• L•Private Equity Fund$131M8Mar 27, 2020
      S•••••• G••• D••••••••• R••• E••••• O••••••••• F••• I••• L•Real Estate Fund$127M18Mar 28, 2018
      S•••••• G••• B••••• S•••••• S••••••••• F••• I••• L•Private Equity Fund$120M24Mar 26, 2024
      S•••••• G••• G••••• E••••••• M•••••• O••••••••• F••• I• •••••••• L•Private Equity Fund$118M14Mar 29, 2017
      All funds of S•••••• G••• A••••••• L••
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• K••••••• J•••• · Co-Managing Partner And Chief Operating Officer; Partner Of Holding Company And Its General Partnercontrol
        since 03/2000 · owns less than 5%
      • G•••• A•••••• J••••• · Co-Managing Partner And Chief Investment Officer; Partner Of Holding Company And Its General Partnercontrol
        since 12/1995 · owns less than 5%
      • S••••••• G•••••• W•••••• · Executive Chairman; Partner Of Holding Company And Its General Partnercontrol
        since 12/1995 · owns less than 5%
      • B••••• K••••••• J•••• · Partnercontrol
        since 10/2009 · owns F of S•••••• G••• • C••••••• L•
      • B••••• K••••••• J•••• · Voting Interest Holdercontrol
        since 10/2009 · owns F of S•••••• G••• H••••••• G•• L••
      • G•••• A•••••• J••••• · Partnercontrol
        since 10/2009 · owns 25% to 50% of S•••••• G••• • C••••••• L•
      • G•••• A•••••• J••••• · Voting Interest Holdercontrol
        since 10/2009 · owns 25% to 50% of S•••••• G••• H••••••• G•• L••
      • S••••••• G•••••• W•••••• · Voting Interest Membercontrol
        since 10/2009 · owns 25% to 50% of S•••••• G••• H••••••• G•• L••
      • S••••••• G•••••• W•••••• · Partnercontrol
        since 10/2009 · owns 25% to 50% of S•••••• G••• • C••••••• L•
      • P•••••••• M••••••• A••• · Managing D•••••Or, Chief Compliance Officer
        since 03/2021 · owns less than 5%
      Entity owners
      • S•••••• G••• • C••••••• L• · Owner
        direct · owns 75% or more
      • S•••••• G••• H••••••• G•• L•• · General Partner
        indirect · owns F of S•••••• G••• • C••••••• L•
      Related persons
      Schedule D 7.A
      • R•• C•••••• P•••••••• L••
        investment advisernRAUM $234M
      • S•••••• G••••• G•• L••
        bankpooled vehicle sponsorn
      • S• B• P••••••••• C••••••••• G•• L••
        bankpooled vehicle sponsorn
      • S• B• C••••••••• G•• L••
        bankpooled vehicle sponsorn
      • S• C••••• C••••••••• F••• G•• L••
        bankpooled vehicle sponsorn
      • S• D•••• E••••• C••••••••• G•• L••
        bankpooled vehicle sponsorn
      • S• D•••• E••••• C••••••••• I• G•• L••
        bankpooled vehicle sponsorn
      • S• E••••• M•••••••• C••••••••• G•• L••
        bankpooled vehicle sponsorn
      • S• H•••••• H••••••• G•• L••
        pooled vehicle sponsorn
      • S• M•••• H••••••• G•• L••
        pooled vehicle sponsorn
      • S• P••••••••• C••••••••• G•• L••
        bankpooled vehicle sponsorn
      • S••• ••• 8•• L••
        pooled vehicle sponsorn
      • S••••••• I•••
        pooled vehicle sponsorn
      • S••••••• R••••••••• O••••• O• S•••••• G••• S••••••• L••
        investment advisern
      • S•••••• G••• •••• K•••• L••••••
        investment advisern
      • S•••••• G••• ••••••••• P••• L•••
        investment advisern
      • S•••••• G••• A••••••• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• A••••••• I• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• A•• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• A• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••• I••• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••••• S•••••• S••••••••• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••••• S•••••• S••••••••• I• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••• I• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••• I•• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• B••• I•• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• C••••••• L•
        pooled vehicle sponsorn
      • S•••••• G••• C••••• G•• L••
        bankpooled vehicle sponsorn
      • S•••••• G••• C•••••• G•• L••
        bankpooled vehicle sponsorn
      Advisers that list S•••••• G••• A••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Boston, MA14 employees
      • Sao Paolo, Brazil7 employees
      • S•••••••, China4 employees
      • Mumbai, India3 employees
      • West Palm Beach, FL1 employees
      • Ponte Vedra Beach, FL1 employees
      • S••••••••, Singapore1 employees
      • Sugar Land, TX1 employees
      • Central, Hong Kong
      • Seoul, Korea, South
      • Tokyo, Japan
      What changed
      consecutive filings, newest first
      • Accounts · 155 to 146
        Nov 3, 2025 to Mar 25, 2026
      • Advisory employees · 66 to 71
        Nov 3, 2025 to Mar 25, 2026
      • BD registered reps · 19 to 16
        Nov 3, 2025 to Mar 25, 2026
      • Corporate clients · 7 to 6
        Nov 3, 2025 to Mar 25, 2026
      • Pension plan clients · 29 to 27
        Nov 3, 2025 to Mar 25, 2026
      • Pooled vehicle clients · 116 to 110
        Nov 3, 2025 to Mar 25, 2026
      • Employees · 125 to 130
        Nov 3, 2025 to Mar 25, 2026
      • Private funds · 148 to 139
        Nov 3, 2025 to Mar 25, 2026
      • Discretionary RAUM · $15B to $17B
        Nov 3, 2025 to Mar 25, 2026
      • Non-discretionary RAUM · $1.5B to $1.3B
        Nov 3, 2025 to Mar 25, 2026
      • Pension RAUM · $4.7B to $5.4B
        Nov 3, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $12B to $12B
        Nov 3, 2025 to Mar 25, 2026
      • RAUM · $17B to $18B
        Nov 3, 2025 to Mar 25, 2026
      • Other offices · 12 to 13
        May 6, 2025 to Nov 3, 2025
      • Financial planning clients · unset to
        Mar 26, 2025 to May 6, 2025
      • Other offices · 11 to 12
        Mar 26, 2025 to May 6, 2025
      • Accounts · 149 to 155
        Jan 8, 2025 to Mar 26, 2025
      • Advisory employees · 63 to 66
        Jan 8, 2025 to Mar 26, 2025
      • BD registered reps · 15 to 19
        Jan 8, 2025 to Mar 26, 2025
      • Pension plan clients · 28 to 29
        Jan 8, 2025 to Mar 26, 2025
      • Pooled vehicle clients · 106 to 116
        Jan 8, 2025 to Mar 26, 2025
      • Employees · 113 to 125
        Jan 8, 2025 to Mar 26, 2025
      • Private funds · 138 to 148
        Jan 8, 2025 to Mar 26, 2025
      • Discretionary RAUM · $15B to $15B
        Jan 8, 2025 to Mar 26, 2025
      • Non-discretionary RAUM · $1.4B to $1.5B
        Jan 8, 2025 to Mar 26, 2025
      • Pension RAUM · $4.6B to $4.7B
        Jan 8, 2025 to Mar 26, 2025
      • Pooled vehicle RAUM · $11B to $12B
        Jan 8, 2025 to Mar 26, 2025
      • RAUM · $17B to $17B
        Jan 8, 2025 to Mar 26, 2025
      • Pooled vehicle clients · 111 to 106
        Jun 21, 2024 to Jan 8, 2025
      • Private funds · 143 to 138
        Jun 21, 2024 to Jan 8, 2025
      • Accounts · 147 to 149
        Nov 21, 2023 to Mar 26, 2024
      • Advisory employees · 62 to 63
        Nov 21, 2023 to Mar 26, 2024
      • BD registered reps · 11 to 15
        Nov 21, 2023 to Mar 26, 2024
      • Pension plan clients · 29 to 28
        Nov 21, 2023 to Mar 26, 2024
      • Pooled vehicle clients · 108 to 111
        Nov 21, 2023 to Mar 26, 2024
      • Employees · 103 to 113
        Nov 21, 2023 to Mar 26, 2024
      • Private funds · 142 to 143
        Nov 21, 2023 to Mar 26, 2024
      • Discretionary RAUM · $15B to $15B
        Nov 21, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $1.5B to $1.4B
        Nov 21, 2023 to Mar 26, 2024
      • Pension RAUM · $3.9B to $4.6B
        Nov 21, 2023 to Mar 26, 2024
      Signals
      1 dated events
      • Paul Donald Spencer (Managing Director; Senior Advisor; Partner Of Holding Company And Its General Partner) no longer on Schedule A of S•••••• G••• A••••••• L•• (listed 2022-03-28, absent 2022-12-05)
        Dec 5, 2022 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      S••••••G•••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-332-5100reportedpublic record, Form ADV, Mar 25, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      S•••••• G••• A••••••• L•• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      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.

      Checking your plan…