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

H•••• L••

Asset manager (funds and pooled vehicles)Palo Alto, CaliforniaCRD 145684SEC 801-68565websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 28, 2012 · 26 filings
SEC status approved since Nov 26, 2007
RAUM
$11B
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
57
39 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
26
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$11B as of Mar 31, 2026
Mar 28, 2012$948M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20120 then
Employees (5.A)57 as of Mar 31, 2026
Mar 26, 201326 then
Private funds26 as of Mar 31, 2026
Mar 28, 20124 then
RAUM +55% over the last fiscal year+13% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$417MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+55%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, otherreportedItem 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)
  • 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)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$11B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
26reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false 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
      25 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H••• F••• I•••• L•••Private Equity Fund$2.5B100Mar 31, 2021
      H••• F••• I••••• L•••Private Equity Fund$1.9B62Mar 29, 2017
      H••• F••• I••• L•••Private Equity Fund$1.3B35Mar 29, 2017
      H••• F••• I•• L•••Private Equity Fund$765M44Mar 27, 2015
      H••• F••• I•• L•••Private Equity Fund$753M82Mar 31, 2021
      H••• F••• I•••• L•••Private Equity Fund$472M27Mar 27, 2015
      K•••••• I••••••••• P••••••• I• L•Private Equity Fund$99.9M2Mar 30, 2023
      H••• F••• I•••• L•••Private Equity Fund$91.3M3Mar 27, 2015
      H••• F••• I•••• L•••Private Equity Fund$80.6M3Mar 27, 2015
      H••• A•••••••• I•••••••• I•• L•••Private Equity Fund$44.0M45Mar 31, 2021
      H••• A•••••••• I•••••••• I•••• L•••Private Equity Fund$42.9M53Mar 30, 2023
      H••• A••••••••• L•••Private Equity Fund$36.2M23Mar 27, 2015
      H••• A•••••••• I•••••••• I••• L•••Private Equity Fund$34.9M31Mar 29, 2017
      H••• F••• I•••• L•••Private Equity Fund$21.5M3Mar 27, 2015
      H••••••• G•• C•••••• P••••••• F•••• L•••Private Equity Fund$20.5M49Mar 28, 2012
      H••• A••••••••• I••• L•••Private Equity Fund$11.4M15Mar 29, 2017
      H••• A••••••••• I•• L•••Private Equity Fund$10.6M31Mar 31, 2021
      H• P•••••• I••••••••• L•••no longer reportedPrivate Equity Fund$8.8M9Mar 28, 2012
      H••• A••••••••• I•• L•••Private Equity Fund$8.1M17Mar 27, 2015
      H••••••• G•• C•••••• P••••••• P••••••• F••• A• L•••Private Equity Fund$5.9M8Mar 28, 2012
      H••••••• G•• C•••••• P••••••• P••••••• F••• B• L•••Private Equity Fund$1.8M3Mar 28, 2012
      H••• A•••••••• I•••••••• I•• L•••Private Equity Fund$912,8243Mar 27, 2015
      H•••• L•••Private Equity Fund$340,3091Mar 27, 2015
      H• A•••••••• I••••••••• L•••Real Estate Fund$326,5674Mar 27, 2015
      H••• T•••• A••••••••• L•••Private Equity Fund$036Mar 27, 2015
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• H••••• N••••• · Partner And Head Of Business Developmentcontrol
        since 03/2019 · owns less than 5%
      • C••••• D••••• H••• S•• · Member, Managing Member, Partner, And Co-Chief Investment Officercontrol
        since 05/2023 · owns less than 5%
      • C•••••• W••••••• H••• · Member, Managing Member, And Partnercontrol
        since 05/2023 · owns less than 5%
      • K•••• C••••••• B•• K••• · Chief Financial Officercontrol
        since 05/2024 · owns less than 5%
      • L•••••• R••••••• F••••••• · Member, Managing Member, Partner, Chief Executive Officer, And Co-Foundercontrol
        since 08/2013 · owns less than 5%
      • L•••••••• S••••• · Member, Managing Member, Partner, And Co-Chief Investment Officercontrol
        since 05/2023 · owns less than 5%
      • P•••••••• C••••• W••••• · Partner And Head Of Debt Capital Marketscontrol
        since 01/2023 · owns less than 5%
      • S••••• R•••••• W••••• · Chief Compliance Officer And General Counselcontrol
        since 06/2024 · owns less than 5%
      • W••••• N•••• H••••• · Member, Managing Member, Partner, And Presidentcontrol
        since 05/2023 · owns less than 5%
      • Y••••• J••• S••••• · Member, Managing Member, Chairman, Partner, And Co-Foundercontrol
        since 01/2012 · owns less than 5%
      • L•••••• R••••••• F••••••• · Limited Partnercontrol
        since 03/2019 · owns 25% to 50% of H••• S••••• M••••••••• H•••••••• L•••
      • Y••••• J••• S••••• · Limited Partnercontrol
        since 03/2019 · owns 25% to 50% of H••• S••••• M••••••••• H•••••••• L•••
      Entity owners
      • H••• M•••••• H•••••••• L••• · Member
        direct · owns 75% or more
      • H••• H•••••••• L•• · General Partner
        indirect · owns F of H••• M•••••• H•••••••• L•••
      • H••• H•••••••• L•• · General Partner
        indirect · owns F of H••• S••••• M••••••••• H•••••••• L•••
      • H••• S••••• M••••••••• H•••••••• L••• · Limited Partner
        indirect · owns 75% or more of H••• M•••••• H•••••••• L•••
      Related persons
      Schedule D 7.A
      • H• P•••••• I•••••••• G•• L•••
        pooled vehicle sponsorn
      • H••• F••• I• G•• L•••
        pooled vehicle sponsorn
      • H••• F••• I• G•• L•••
        pooled vehicle sponsorn
      • H••• F••• I•• G•• L•••
        pooled vehicle sponsorn
      • H••• F••• I•• G•• L•••
        pooled vehicle sponsorn
      • H••• F••• I• G•• L•••
        pooled vehicle sponsorn
      • H••• F••• I• G•• L•••
        pooled vehicle sponsorn
      • H••••••• G•• C•••••• P••••••• F••• G•• L•••
        pooled vehicle sponsorn
      • H••••••• G•• C•••••• P••••••• F••• G•• L•••
        pooled vehicle sponsorn
      • K•••••• I••••••••• P••••••• I• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • compensation changedChange between filings · filing Mar 31, 2026
        performance-based compensation (Item 5.E.6): yes on the filing of 2026-01-05, no on the filing of 2026-03-31
        peers: ASSET_M••••••, $5B to $20B (684)
      What changed
      consecutive filings, newest first
      • Accounts · 23 to 26
        Jan 5, 2026 to Mar 31, 2026
      • Advisory employees · 45 to 39
        Jan 5, 2026 to Mar 31, 2026
      • Pooled vehicle clients · 23 to 26
        Jan 5, 2026 to Mar 31, 2026
      • Assets in custody · $7.0B to $0
        Jan 5, 2026 to Mar 31, 2026
      • Employees · 45 to 57
        Jan 5, 2026 to Mar 31, 2026
      • Private funds · 23 to 26
        Jan 5, 2026 to Mar 31, 2026
      • Discretionary RAUM · $6.9B to $11B
        Jan 5, 2026 to Mar 31, 2026
      • Non-discretionary RAUM · $100M to $205M
        Jan 5, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $7.0B to $11B
        Jan 5, 2026 to Mar 31, 2026
      • RAUM · $7.0B to $11B
        Jan 5, 2026 to Mar 31, 2026
      • Related adviser · true to false
        Jan 5, 2026 to Mar 31, 2026
      • Accounts · 20 to 23
        Jun 14, 2024 to Mar 28, 2025
      • Advisory employees · 49 to 45
        Jun 14, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 20 to 23
        Jun 14, 2024 to Mar 28, 2025
      • Assets in custody · $8.1B to $7.0B
        Jun 14, 2024 to Mar 28, 2025
      • Employees · 49 to 45
        Jun 14, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Jun 14, 2024 to Mar 28, 2025
      • Private funds · 20 to 23
        Jun 14, 2024 to Mar 28, 2025
      • Discretionary RAUM · $8.1B to $6.9B
        Jun 14, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $0 to $100M
        Jun 14, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $8.1B to $7.0B
        Jun 14, 2024 to Mar 28, 2025
      • RAUM · $8.1B to $7.0B
        Jun 14, 2024 to Mar 28, 2025
      • Accounts · 25 to 20
        May 26, 2023 to Mar 28, 2024
      • Advisory employees · 51 to 49
        May 26, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 25 to 20
        May 26, 2023 to Mar 28, 2024
      • Assets in custody · $7.5B to $8.1B
        May 26, 2023 to Mar 28, 2024
      • Employees · 51 to 49
        May 26, 2023 to Mar 28, 2024
      • Private funds · 24 to 20
        May 26, 2023 to Mar 28, 2024
      • Discretionary RAUM · $7.5B to $8.1B
        May 26, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $7.5B to $8.1B
        May 26, 2023 to Mar 28, 2024
      • RAUM · $7.5B to $8.1B
        May 26, 2023 to Mar 28, 2024
      • Accounts · 23 to 25
        Mar 29, 2022 to Mar 30, 2023
      • Advisory employees · 40 to 51
        Mar 29, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 23 to 25
        Mar 29, 2022 to Mar 30, 2023
      • Assets in custody · $6.5B to $7.5B
        Mar 29, 2022 to Mar 30, 2023
      • Employees · 40 to 51
        Mar 29, 2022 to Mar 30, 2023
      • Private funds · 22 to 24
        Mar 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $6.5B to $7.5B
        Mar 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $6.5B to $7.5B
        Mar 29, 2022 to Mar 30, 2023
      • RAUM · $6.5B to $7.5B
        Mar 29, 2022 to Mar 30, 2023
      Signals
      13 dated events
      • H•••• L•• reported RAUM $10.8B, up 55% from $7.0B (2026-01-05 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Melvin Leslie Brown (Partner) no longer on Schedule A of H•••• L•• (listed 2024-03-28, absent 2024-06-14)
        Jun 14, 2024 · Control person left · inference
      • Riley Lance Taylor (Partner And Chief Financial Officer) no longer on Schedule A of H•••• L•• (listed 2024-03-28, absent 2024-06-14)
        Jun 14, 2024 · Control person left · inference
      • Alan Kurt Krieger (Chief Legal Officer And Chief Compliance Officer) no longer on Schedule A of H•••• L•• (listed 2024-03-28, absent 2024-06-14)
        Jun 14, 2024 · Control person left · inference
      • Bik Kuen Cecilia Kwan (Chief Financial Officer) appeared on Schedule A of H•••• L••
        Jun 14, 2024 · Control person joined · fact
      • W••••• R••••• S•••• (Chief Compliance Officer And General Counsel) appeared on Schedule A of H•••• L••
        Jun 14, 2024 · Control person joined · fact
      • Walker Colin Phinisey (Partner And Head Of Debt Capital Markets) appeared on Schedule A of H•••• L••
        Mar 28, 2024 · Control person joined · fact
      • Nathan Henry Barenz (Partner And Head Of Business Development) appeared on Schedule A of H•••• L••
        Mar 28, 2024 · Control person joined · fact
      • Hare William Conrad (Member, Managing Member, And Partner) appeared on Schedule A of H•••• L••
        May 26, 2023 · Control person joined · fact
      • Heun Soo David Chung (Member, Managing Member, Partner, And Co-Chief Investment Officer) appeared on Schedule A of H•••• L••
        May 26, 2023 · Control person joined · fact
      • Steven Leistner (Member, Managing Member, Partner, And Co-Chief Investment Officer) appeared on Schedule A of H•••• L••
        May 26, 2023 · Control person joined · fact
      • Harley Neil White (Member, Managing Member, Partner, And President) appeared on Schedule A of H•••• L••
        May 26, 2023 · Control person joined · fact
      • H•••• L•• reported RAUM $5.5B, up 53% from $3.6B (2020-03-31 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/hggcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      hggc.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      650-321-4910reportedpublic record, Form ADV, Mar 31, 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

      H•••• 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.

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