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

K• • P••••••• M••••••••• C• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 108105SEC 801-57422websiteIAPD
Latest filing Sep 16, 2026
First filing on the tape Mar 30, 2012 · 28 filings
SEC status approved since Apr 7, 2000
RAUM
$52.8M
reported, Item 5.F
Discretionary
100%
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
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$52.8M as of Mar 31, 2026
Mar 30, 2012$53.3M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Mar 28, 20131 then
Employees (5.A)6 as of Mar 31, 2026
Mar 28, 20134 then
Private funds1 as of Mar 31, 2026
Mar 30, 20121 then
RAUM -7.7% over the last fiscal year-12% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Sep 16, 2026; every figure names its basis
RAUM per advisor
$26.4MderivedRAUM 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
$52.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-7.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$52.8M, 1 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$52.8M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$52.8M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=5.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      K••• B••••••• • P••••••• L•Hedge Fund$70.5M35Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • K•••• A•••••• S• · Senior Vice President And Directorcontrol
        since 07/2015 · owns less than 5%
      • K•••• T•••••• G••••• · Chairman, President, Chief Compliance Officer, Asst. Secretary, Treasurer And Directorcontrol
        since 03/2000 · owns less than 5%
      Entity owners
      • K• H•••••• C•••••• L•• · Shareholder
        direct · owns 75% or more
      • T••••• G• K••• F••••• T•••• · Stockholder
        indirect · owns 75% or more of K• H•••••• C•••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list K• • P••••••• M••••••••• C• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 3 to 2
        Mar 31, 2026 to Sep 16, 2026
      • BD registered reps · 6 to 5
        Mar 31, 2026 to Sep 16, 2026
      • Employees · 6 to 5
        Mar 31, 2026 to Sep 16, 2026
      • Insurance-licensed employees · 3 to 2
        Mar 31, 2026 to Sep 16, 2026
      • Financial planning clients · to unset
        Mar 31, 2026 to Sep 16, 2026
      • State-registered IARs · 3 to 2
        Mar 31, 2026 to Sep 16, 2026
      • Private funds · 1 to unset
        Mar 31, 2026 to Sep 16, 2026
      • Succession · false to unset
        Mar 31, 2026 to Sep 16, 2026
      • Assets in custody · $57.2M to $52.8M
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $57.2M to $52.8M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $57.2M to $52.8M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $57.2M to $52.8M
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $70.5M to $57.2M
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $70.5M to $57.2M
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $70.5M to $57.2M
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $70.5M to $57.2M
        Mar 28, 2024 to Mar 31, 2025
      • BD registered reps · 5 to 6
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $77.5M to $70.5M
        Mar 31, 2023 to Mar 28, 2024
      • Insurance-licensed employees · 1 to 3
        Mar 31, 2023 to Mar 28, 2024
      • State-registered IARs · 1 to 3
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $77.5M to $70.5M
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $77.5M to $70.5M
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $77.5M to $70.5M
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 2 to 3
        Oct 31, 2022 to Mar 31, 2023
      • BD registered reps · 2 to 5
        Oct 31, 2022 to Mar 31, 2023
      • Assets in custody · $78.1M to $77.5M
        Oct 31, 2022 to Mar 31, 2023
      • Employees · 2 to 6
        Oct 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $78.1M to $77.5M
        Oct 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $78.1M to $77.5M
        Oct 31, 2022 to Mar 31, 2023
      • RAUM · $78.1M to $77.5M
        Oct 31, 2022 to Mar 31, 2023
      • Assets in custody · $63.8M to $78.1M
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $63.8M to $78.1M
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $63.8M to $78.1M
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $63.8M to $78.1M
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · unset to 1.0
        Jan 15, 2021 to Mar 31, 2021
      • Assets in custody · $74.6M to $63.8M
        Jan 15, 2021 to Mar 31, 2021
      • Discretionary RAUM · $74.6M to $63.8M
        Jan 15, 2021 to Mar 31, 2021
      • Pooled vehicle RAUM · unset to 63805898.0
        Jan 15, 2021 to Mar 31, 2021
      • RAUM · $74.6M to $63.8M
        Jan 15, 2021 to Mar 31, 2021
      Signals
      3 dated events
      • Elizabeth Kahn (Trustee) no longer on Schedule A of K• • P••••••• M••••••••• C• L•• (listed 2021-01-15, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Victoria Kahn (Trustee) no longer on Schedule A of K• • P••••••• M••••••••• C• L•• (listed 2021-01-15, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Arline Shaffer (Trustee) no longer on Schedule A of K• • P••••••• M••••••••• C• L•• (listed 2021-01-15, absent 2021-03-31)
        Mar 31, 2021 · 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
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-980-5050reportedpublic record, Form ADV, Sep 16, 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