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.

SEC-registered adviser

Advantage Advisers Multi-Manager, L.L.C.

Asset manager (funds and pooled vehicles)New York, New YorkCRD 108178SEC 801-57013IAPD
Latest filing May 1, 2026
First filing on the tape Jan 19, 2012 · 35 filings
SEC status approved since Dec 1, 1999
RAUM
$4.9B
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
18
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$4.9B as of May 1, 2026
Mar 19, 2012$1.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 1, 2026
Mar 19, 20120 then
Employees (5.A)18 as of May 1, 2026
Mar 20, 20130 then
Private funds1 as of May 1, 2026
Mar 19, 20123 then
RAUM +87% over the last fiscal year+17% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 1, 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
$2.5BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+87%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$286M, 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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
  • Investment companies$4.6B94%
  • Pooled investment vehicles$286M5.8%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$286M 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=true bd_reps=0.0derived
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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Advantage Advisers Global Growth, LtdHedge Fund$138M176Jan 19, 2012
      Advantage Advisers Catalyst International, Ltd.no longer reportedHedge Fund$11.0M12Jan 19, 2012
      Advantage Advisers Whistler International, Ltdno longer reportedHedge Fund$438,7150Jan 19, 2012
      Whistler International Liquidating Spv, Ltd.no longer reportedHedge Fund$80,64839Apr 24, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Deborah Kaback · Chief Legal Officercontrol
        since 06/2003 · owns less than 5%
      • Edward Bryan Mckigney · Chief Operating Officer, Presidentcontrol
        since 06/2003 · owns less than 5%
      • Patrick Dennis Mcnamara · Secretarycontrol
        since 01/2003 · owns less than 5%
      • Daria Michaelle Montgomery · Chief Compliance Officer
        since 03/2019 · owns less than 5%
      • Thornley Douglas Siegel · Global Compliance Officer
        since 02/2016 · owns less than 5%
      • Michael Brad Watkins · Senior Vice President - Cfo
        since 08/2022 · owns less than 5%
      Entity owners
      • Oppenheimer Asset Management · Managing Member
        direct · owns 75% or more
      • E.A. Viner International Co. · Sole Shareholder
        indirect · owns 75% or more of Oppenheimer Asset Management
      • Oppenheimer Holdings Inc. · Sole Shareholder
        indirect · owns 75% or more of E.A. Viner International Co. · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Advantage Advisers Multi-Manager, L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 27, 2026
        RAUM (Item 5.F) moved from $2,629,983,071 to $4,912,590,790 (+87.0%) between the annual amendments of 2025-03-28 and 2026-03-27; the peer median change was +11.0% (1368 comparable advisers, 93.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,368) · 93% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $163M to $286M
        Oct 16, 2025 to Mar 27, 2026
      • Discretionary RAUM · $2.6B to $4.9B
        Oct 16, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $163M to $286M
        Oct 16, 2025 to Mar 27, 2026
      • RAUM · $2.6B to $4.9B
        Oct 16, 2025 to Mar 27, 2026
      • Financial planning clients · 0 to 0
        Jul 14, 2025 to Oct 16, 2025
      • Assets in custody · $138M to $163M
        Jun 24, 2024 to Mar 28, 2025
      • Discretionary RAUM · $2.3B to $2.6B
        Jun 24, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $138M to $163M
        Jun 24, 2024 to Mar 28, 2025
      • RAUM · $2.3B to $2.6B
        Jun 24, 2024 to Mar 28, 2025
      • Assets in custody · $169M to $138M
        May 5, 2023 to Mar 26, 2024
      • Discretionary RAUM · $3.0B to $2.3B
        May 5, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $169M to $138M
        May 5, 2023 to Mar 26, 2024
      • RAUM · $3.0B to $2.3B
        May 5, 2023 to Mar 26, 2024
      • Assets in custody · $170M to $169M
        Mar 27, 2023 to May 3, 2023
      • Discretionary RAUM · $3.0B to $3.0B
        Mar 27, 2023 to May 3, 2023
      • Pooled vehicle RAUM · $170M to $169M
        Mar 27, 2023 to May 3, 2023
      • RAUM · $3.0B to $3.0B
        Mar 27, 2023 to May 3, 2023
      • Assets in custody · $199M to $170M
        Sep 7, 2022 to Mar 27, 2023
      • Discretionary RAUM · $3.6B to $3.0B
        Sep 7, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $199M to $170M
        Sep 7, 2022 to Mar 27, 2023
      • RAUM · $3.6B to $3.0B
        Sep 7, 2022 to Mar 27, 2023
      • Assets in custody · $334M to $199M
        Mar 29, 2021 to Mar 14, 2022
      • Discretionary RAUM · $5.9B to $3.6B
        Mar 29, 2021 to Mar 14, 2022
      • Pooled vehicle RAUM · $334M to $199M
        Mar 29, 2021 to Mar 14, 2022
      • RAUM · $5.9B to $3.6B
        Mar 29, 2021 to Mar 14, 2022
      • Assets in custody · $207M to $334M
        Feb 27, 2020 to Mar 25, 2021
      • Discretionary RAUM · $3.6B to $5.9B
        Feb 27, 2020 to Mar 25, 2021
      • Pooled vehicle RAUM · $207M to $334M
        Feb 27, 2020 to Mar 25, 2021
      • RAUM · $3.6B to $5.9B
        Feb 27, 2020 to Mar 25, 2021
      • Advisory employees · 5 to 4
        Mar 21, 2019 to Feb 27, 2020
      • Assets in custody · $134M to $207M
        Mar 21, 2019 to Feb 27, 2020
      • Employees · 15 to 18
        Mar 21, 2019 to Feb 27, 2020
      • Other offices · 1 to 0
        Mar 21, 2019 to Feb 27, 2020
      • Discretionary RAUM · $2.5B to $3.6B
        Mar 21, 2019 to Feb 27, 2020
      • Pooled vehicle RAUM · $139M to $207M
        Mar 21, 2019 to Feb 27, 2020
      • RAUM · $2.5B to $3.6B
        Mar 21, 2019 to Feb 27, 2020
      • Advisory employees · 0 to 5
        Mar 16, 2018 to Mar 15, 2019
      • Employees · 0 to 15
        Mar 16, 2018 to Mar 15, 2019
      • Discretionary RAUM · $2.5B to $2.5B
        Mar 16, 2018 to Mar 15, 2019
      • Pooled vehicle RAUM · $134M to $139M
        Mar 16, 2018 to Mar 15, 2019
      Signals
      10 dated events
      • Advantage Advisers Multi-Manager, L.L.C. reported RAUM $4.9B, up 87% from $2.6B (2025-10-16 to 2026-03-27)
        Mar 27, 2026 · RAUM change · derived
      • Advantage Advisers Multi-Manager, L.L.C. reported RAUM $2.3B, down 26% from $3.0B (2023-05-05 to 2024-03-26)
        Mar 26, 2024 · RAUM change · derived
      • Frank Salvatore Agosta (Acting Cfo) no longer on Schedule A of Advantage Advisers Multi-Manager, L.L.C. (listed 2022-03-14, absent 2022-09-07)
        Sep 7, 2022 · Control person left · inference
      • Advantage Advisers Multi-Manager, L.L.C. reported RAUM $3.6B, down 39% from $5.9B (2021-03-29 to 2022-03-14)
        Mar 14, 2022 · RAUM change · derived
      • Frank Salvatore Agosta (Acting Cfo) appeared on Schedule A of Advantage Advisers Multi-Manager, L.L.C.
        Mar 14, 2022 · Control person joined · fact
      • Joseph Jeffrey Alfano (Cfo) no longer on Schedule A of Advantage Advisers Multi-Manager, L.L.C. (listed 2021-03-29, absent 2022-03-14)
        Mar 14, 2022 · Control person left · inference
      • Advantage Advisers Multi-Manager, L.L.C. reported RAUM $5.9B, up 65% from $3.6B (2020-02-27 to 2021-03-25)
        Mar 25, 2021 · RAUM change · derived
      • Advantage Advisers Multi-Manager, L.L.C. reported RAUM $3.6B, up 47% from $2.5B (2019-03-21 to 2020-02-27)
        Feb 27, 2020 · RAUM change · derived
      • Andrew James Capezzuto (Cco) no longer on Schedule A of Advantage Advisers Multi-Manager, L.L.C. (listed 2018-03-16, absent 2019-03-15)
        Mar 15, 2019 · Control person left · inference
      • Advantage Advisers Multi-Manager, L.L.C. reported RAUM $2.5B, up 32% from $1.9B (2017-06-22 to 2018-03-16)
        Mar 16, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      212-667-4225reportedpublic record, Form ADV, May 1, 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