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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Former SEC-registered adviser

D• C•••••• L••

Former SEC-registered adviserNew York, New YorkCRD 138023SEC 801-65666IAPD
Latest filing Apr 7, 2022
First filing on the tape Mar 30, 2012 · 24 filings
RAUM
$53.4M
reported, Item 5.F
Discretionary
98%
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
8
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
6
$53.4M gross assets
History
24 filings and snapshots on the tape
RAUM$53.4M as of Apr 7, 2022
Mar 30, 2012$641M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 7, 2022
Mar 28, 20130 then
Employees (5.A)8 as of Apr 7, 2022
Mar 28, 201319 then
Private funds6 as of Apr 7, 2022
Mar 30, 20127 then
RAUM +5.2% over the last fiscal year-24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 7, 2022; 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
$8.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+5.2%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$53.4M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      J•• S••••• M••••• V•••• C•• I• L•••no longer reportedSecuritized Asset Fund$284M30Mar 30, 2012
      L•••••••• L••• C••••• ••••••• L•••no longer reportedHedge Fund$82.3M3Mar 30, 2012
      J•• A••••• F••• L•••no longer reportedOther Private Fund$29.8M15Mar 31, 2014
      S••••• S••••• G••••• O••••••••• ••••••• L•••Hedge Fund$28.0M5Mar 31, 2014
      D• B••••• O••••••••• F••• •••••••• L•no longer reportedHedge Fund$25.6M7Mar 31, 2017
      S••••• S••••• •••••••• L•••no longer reportedHedge Fund$20.2M3Mar 30, 2012
      D• A•••••••• R••••••• F••• L•no longer reportedHedge Fund$12.5M13Feb 27, 2015
      A•••• R••• C••••••• L•Hedge Fund$11.3M14Mar 30, 2012
      M• R••••••• V•••• L••no longer reportedHedge Fund$7.1M1Mar 31, 2017
      M• R••••••• V•••• L••Hedge Fund$5.6M1Mar 30, 2020
      D• R••••••• V•••• N• L••Hedge Fund$5.3M1Mar 30, 2020
      D• R••••••• V•••• N• L••no longer reportedHedge Fund$5.2M1Mar 31, 2017
      L•••••••• S••••• C••••• •••••••• L•••no longer reportedHedge Fund$4.6M35Mar 30, 2012
      P••• V••• C••••• •••••••• L•••no longer reportedHedge Fund$2.9M51Mar 30, 2012
      D• V•••••••• O••••••••• F••• •••••••• L•Hedge Fund$2.1M12Mar 29, 2018
      D••••••••• A•••• S••••••••• F•••Hedge Fund$1.1M1Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • A••••• N•••••• A••• · Managing Partnercontrol
        since 10/2004 · owns less than 5%
      • A••••• N•••••• A••• · Limited Partnercontrol
        since 04/2015 · owns 75% or more of D• C•••••••• L• • N• S•••••
      • S•••••• R••••• · Chief Compliance Officer
        since 11/2020 · owns less than 5%
      Entity owners
      • D• M••••••••• L• · Managing Member
        direct · owns 75% or more
      • D• C•••••••• G• L•• · General Partner
        indirect · owns F of D• C•••••••• L• • N• S•••••
      • D• C•••••••• L• • N• S••••• · Limited Partner
        indirect · owns 75% or more of D• M••••••••• L•
      • D• M••••••••• G• L•• · General Partner
        indirect · owns F of D• M••••••••• L•
      Related persons
      Schedule D 7.A
      • A•••• R••• H••••••• L••
        pooled vehicle sponsory
      • A•••• R••• P••••••• L••
        pooled vehicle sponsory
      • D• V•••••••• H•••••••• L••
        pooled vehicle sponsory
      • D• V•••••••• O••••••••• F••• G• L••
        pooled vehicle sponsory
      • S••••• S••••• G••••• O••••••••• H••••••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • Singapore, Singapore2 employees
      What changed
      consecutive filings, newest first
      • Employees · 9 to 8
        Mar 27, 2021 to Apr 7, 2022
      • Discretionary RAUM · $49.7M to $52.3M
        Mar 27, 2021 to Apr 7, 2022
      • Non-discretionary RAUM · $1.1M to $1.1M
        Mar 27, 2021 to Apr 7, 2022
      • Pooled vehicle RAUM · $50.8M to $53.4M
        Mar 27, 2021 to Apr 7, 2022
      • RAUM · $50.8M to $53.4M
        Mar 27, 2021 to Apr 7, 2022
      • Accounts · 11 to 6
        Nov 24, 2020 to Mar 27, 2021
      • Pooled vehicle clients · 11 to 6
        Nov 24, 2020 to Mar 27, 2021
      • Assets in custody · $85.2M to $0
        Nov 24, 2020 to Mar 27, 2021
      • Employees · 11 to 9
        Nov 24, 2020 to Mar 27, 2021
      • Discretionary RAUM · $115M to $49.7M
        Nov 24, 2020 to Mar 27, 2021
      • Non-discretionary RAUM · $0 to $1.1M
        Nov 24, 2020 to Mar 27, 2021
      • Pooled vehicle RAUM · $115M to $50.8M
        Nov 24, 2020 to Mar 27, 2021
      • RAUM · $115M to $50.8M
        Nov 24, 2020 to Mar 27, 2021
      • Private funds · 7 to 6
        Mar 30, 2020 to Nov 24, 2020
      • Accounts · 16 to 11
        Mar 29, 2019 to Mar 30, 2020
      • Advisory employees · 9 to 7
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle clients · 16 to 11
        Mar 29, 2019 to Mar 30, 2020
      • Assets in custody · $85.9M to $85.2M
        Mar 29, 2019 to Mar 30, 2020
      • Employees · 12 to 11
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $120M to $115M
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $120M to $115M
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $120M to $115M
        Mar 29, 2019 to Mar 30, 2020
      • Accounts · 9 to 16
        Jul 20, 2018 to Mar 29, 2019
      • Advisory employees · 10 to 9
        Jul 20, 2018 to Mar 29, 2019
      • Pooled vehicle clients · 9 to 16
        Jul 20, 2018 to Mar 29, 2019
      • Assets in custody · $98.7M to $85.9M
        Jul 20, 2018 to Mar 29, 2019
      • Employees · 13 to 12
        Jul 20, 2018 to Mar 29, 2019
      • Private funds · 9 to 7
        Jul 20, 2018 to Mar 29, 2019
      • Discretionary RAUM · $124M to $120M
        Jul 20, 2018 to Mar 29, 2019
      • Non-discretionary RAUM · $1.1M to $0
        Jul 20, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $125M to $120M
        Jul 20, 2018 to Mar 29, 2019
      • RAUM · $125M to $120M
        Jul 20, 2018 to Mar 29, 2019
      • Assets in custody · $100M to $98.7M
        Mar 29, 2018 to Jul 20, 2018
      • Discretionary RAUM · $124M to $124M
        Mar 29, 2018 to Jul 20, 2018
      • Pooled vehicle RAUM · $125M to $125M
        Mar 29, 2018 to Jul 20, 2018
      • RAUM · $125M to $125M
        Mar 29, 2018 to Jul 20, 2018
      • Accounts · 8 to 9
        Mar 31, 2017 to Mar 29, 2018
      • Advisory employees · 8 to 10
        Mar 31, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 9.0
        Mar 31, 2017 to Mar 29, 2018
      • Assets in custody · $112M to $100M
        Mar 31, 2017 to Mar 29, 2018
      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.
      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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026