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.

Former SEC-registered adviser

Avondale Conquest, LLC

Former SEC-registered adviserSausalito, CaliforniaCRD 122821SEC 801-71622IAPD
Latest filing Jul 17, 2012
First filing on the tape Feb 8, 2012 · 7 filings
RAUM
$33.0M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$33.0M
derived; firm RAUM over IAPD count
Employees
n/a
n/a advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
1
$33.0M gross assets
History
7 filings and snapshots on the tape
RAUM$33.0M as of Jul 17, 2012
Feb 8, 2012$33.0M then
HNW client RAUM: no history
State-registered IARs (5.B.3): no history
Employees (5.A): no history
Private funds1 as of Jul 17, 2012
Feb 8, 20121 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jul 17, 2012; every figure names its basis
RAUM per advisor
$33.0MderivedRAUM 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
$33.0MderivedRAUM 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
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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 vehiclesreportedItem 5.G
Custody
$33.0M, 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
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
$33.0M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Timothy Michael KellyChartered Financial AnalystSausalito, CaOct 24, 202524 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Conquest I, L.P.Hedge Fund$33.0M75Feb 8, 2012
Owners and control persons
Schedule A and B, latest filing
  • Michael Timothy Kelly · Chief Investment Officer, Managing Membercontrol
    since 09/2002 · owns 50% to 75%
  • Donald Philip Krebs · Managing Membercontrol
    since 01/2012 · owns less than 5%
  • Darren Joel Oertling · Chief Financial Officercontrol
    since 03/2006 · owns less than 5%
  • Patrick Robert Shepherd · Managing Membercontrol
    since 04/2005 · owns less than 5%
  • Jane Sarah Sherck · Chief Compliance Officercontrol
    since 03/2006 · owns less than 5%
  • Michael Timothy Kelly · Chief Investment Officer, Managing Membercontrol
    since 09/2002 · owns 50% to 75% of Avondale Fund, LLC
Entity owners
  • Avondale Fund, LLC · Direct Owner
    direct · owns 50% to 75%
  • Avondale Group, LLC · Indirect Owner
    indirect · owns 50% to 75% of Avondale Fund, LLC
Related persons
Schedule D 7.A
Advisers that list Avondale Conquest, LLC as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Assets in custody · unset to 33037000.0
    Apr 27, 2012 to May 25, 2012
  • Custody of client assets · false to true
    Apr 27, 2012 to May 25, 2012
Signals
No event on the tape.
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
Website
conquestfund.comreportedpublic record, Form ADV, Sep 17, 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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$33.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026