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

S•••••••• C•••••• I•• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 148152SEC 801-71056websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 7, 2012 · 37 filings
SEC status approved since Feb 8, 2010
RAUM
$1.9B
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
24
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
13
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$1.9B as of Mar 31, 2026
Feb 7, 2012$5.8B then
HNW client RAUM$0 as of Mar 31, 2026
Mar 31, 2018$6.4M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20130 then
Employees (5.A)24 as of Mar 31, 2026
Apr 1, 201349 then
Private funds13 as of Mar 31, 2026
Feb 7, 20128 then
RAUM -25% over the last fiscal year-1.3% 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
$107MderivedRAUM 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
-25%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
Custody
$241M, 3 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)
  • 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
  • Investment companies$1.4B74%
  • Pooled investment vehicles$496M26%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
18reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$241M for 3 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=14.0derived
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
      24 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      L••••• S••••••••• L••Hedge Fund$188M174Feb 7, 2012
      S•••••••• J•••• S••••••• U••• T••••Hedge Fund$149M3Mar 31, 2023
      S•••••••• H•••• F••• P•••••••• L••no longer reportedHedge Fund$85.6M274Feb 7, 2012
      S•••••••• H•••• F••• P•••••••• L•no longer reportedHedge Fund$81.2M93Feb 7, 2012
      S•••••••• J•••• S••••••••• S••• S••••••••• P•••••••• S• J•• A•Hedge Fund$71.7M1Mar 31, 2021
      S•••••••• J•••• S••••••••• S••• S••••••••• P•••••••• S• J•• C•Hedge Fund$51.2M1Mar 31, 2022
      S•••••••• A••••••• F•••• L•••no longer reportedHedge Fund$49.8M4Mar 31, 2022
      S•••••••• J•••• S••••••••• S••• S••••••••• P•••••••• S• J•• B•Hedge Fund$44.9M1Mar 31, 2022
      S•••••••• C•••••• I• M•••••• L•no longer reportedHedge Fund$42.1M71Feb 7, 2012
      S•••••••• C•••• L•Private Equity Fund$40.1M174Mar 31, 2021
      S•••••••• C••• M••••• F••• L•Hedge Fund$28.3M22Mar 31, 2023
      S•••••••• K••••• L•Private Equity Fund$19.7M233Mar 31, 2022
      S•••••••• P••••• L•Private Equity Fund$16.2M173Mar 31, 2022
      S•••••••• C•••••• P•••••••• L•no longer reportedHedge Fund$10.4M119Feb 7, 2012
      S•••••••• U•••••• R••••••• F••• L•Private Equity Fund$7.5M30Mar 30, 2024
      S•••••••• K••••• L•Private Equity Fund$5.0M125Mar 31, 2022
      N•••••• A••••••• R••••• L•no longer reportedHedge Fund$4.3M13Feb 7, 2012
      S•••••••• O••••••••• F•••• L•no longer reportedHedge Fund$3.2M2Mar 31, 2015
      S•••••••• G•••••• L•Private Equity Fund$2.5M133Mar 31, 2022
      S•••••••• C•••••• I• ••••••• L••no longer reportedHedge Fund$1.3M43Feb 7, 2012
      S•••••••• H••••• L•Private Equity Fund$1.2M37Mar 31, 2023
      S•••••••• B•• M••••• L•Private Equity Fund$782,00051Mar 31, 2023
      S•••••••• Q••••••••• E••••• D••••• F•••• L•no longer reportedHedge Fund$500,0002Feb 7, 2012
      S•••••••• F•• L•Private Equity Fund$016Mar 31, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • M••••••• B••••• S••••• · Manager, President, Co-Chief Investment Officer; Trustee, B•••• M•••••• 2••• L••••• T••••control
        since 07/2021 · owns less than 5%
      • N••••• A••••••••• M•••• · Member, Chief Compliance Officer, Chief Legal Officercontrol
        since 01/2015 · owns less than 5%
      • N••••• R••••••• C••• · Manager, Member, Co-Chief Investment Officercontrol
        since 02/2019 · owns 5% to 10%
      • P•••••••• R•••••• J••• · Member, Chief Financial Officercontrol
        since 07/2010 · owns less than 5%
      • S••••••••• A••••••• •••• · Manager, Membercontrol
        since 05/2018 · owns 25% to 50%
      • B••••••••• S•••••• B••••••• · Shareholdercontrol
        since 09/2022 · owns 75% or more of P•••• B••• I••
      • D••••••••• M•••••••• D•••••• A•••••• · Shareholdercontrol
        since 02/2013 · owns 75% or more of P••••• H•••••• S•••
      • M••••••• B••••• S••••• · Trusteecontrol
        since 01/2021 · owns F of B•••• M•••••• 2••• L••••• T••••
      Entity owners
      • P••••• H•••••• S••• · Manager, Member
        direct · owns 5% to 10%
      • P•••• B••• I•• · Shareholder
        indirect · owns 75% or more of I••••• B•• V•••••••• I••
      • B•••• M•••••• 2••• L••••• T•••• · Member
        direct · owns 10% to 25%
      • I••••• B•• V•••••••• I•• · Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • D•••••• M•••• G• L••
        pooled vehicle sponsorn
      • H••••••• C•••••• G••••• L••
        broker-dealern
      • S•••••••• B•••••• G• L••
        pooled vehicle sponsorn
      • S•••••••• B•• M••••• G• L••
        pooled vehicle sponsorn
      • S•••••••• C•••••• •••••••• G••• L••
        pooled vehicle sponsorn
      • S•••••••• C•••• G•• L••
        pooled vehicle sponsorn
      • S•••••••• F•• G• L••
        pooled vehicle sponsorn
      • S•••••••• G•••••• G• L••
        pooled vehicle sponsorn
      • S•••••••• H••••• G• L••
        pooled vehicle sponsorn
      • S•••••••• K••••• G•• L••
        pooled vehicle sponsorn
      • S•••••••• K••••• G• L••
        pooled vehicle sponsorn
      • S•••••••• P•••• G• L••
        pooled vehicle sponsorn
      • S•••••••• U•••••• R••••••• F••• 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
      • RAUM down 25 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $2,576,543,000 to $1,919,531,000 (-25.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +11.0% (1368 comparable advisers, 4.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,368) · 4.4% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 21 to 18
        Mar 31, 2025 to Mar 31, 2026
      • Advisory activities · 5 to 4
        Mar 31, 2025 to Mar 31, 2026
      • Pension plan clients · unset to 0.0
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 17 to 15
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $486M to $241M
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 21 to 24
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 15 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $2.6B to $1.9B
        Mar 31, 2025 to Mar 31, 2026
      • Pension RAUM · $3.3M to $0
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $682M to $496M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $2.6B to $1.9B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 19 to 21
        Mar 30, 2024 to Mar 31, 2025
      • BD registered reps · 13 to 14
        Mar 30, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 15 to 17
        Mar 30, 2024 to Mar 31, 2025
      • Assets in custody · $495M to $486M
        Mar 30, 2024 to Mar 31, 2025
      • Employees · 23 to 21
        Mar 30, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 30, 2024 to Mar 31, 2025
      • Private funds · 14 to 15
        Mar 30, 2024 to Mar 31, 2025
      • Discretionary RAUM · $2.0B to $2.6B
        Mar 30, 2024 to Mar 31, 2025
      • Pension RAUM · $5.2M to $3.3M
        Mar 30, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $598M to $682M
        Mar 30, 2024 to Mar 31, 2025
      • RAUM · $2.0B to $2.6B
        Mar 30, 2024 to Mar 31, 2025
      • Accounts · 21 to 19
        Jan 26, 2024 to Mar 30, 2024
      • Advisory employees · 6 to 5
        Jan 26, 2024 to Mar 30, 2024
      • Pooled vehicle clients · 17 to 15
        Jan 26, 2024 to Mar 30, 2024
      • Assets in custody · $473M to $495M
        Jan 26, 2024 to Mar 30, 2024
      • Employees · 21 to 23
        Jan 26, 2024 to Mar 30, 2024
      • Other offices · 1 to 0
        Jan 26, 2024 to Mar 30, 2024
      • Discretionary RAUM · $2.0B to $2.0B
        Jan 26, 2024 to Mar 30, 2024
      • Pension RAUM · $104M to $5.2M
        Jan 26, 2024 to Mar 30, 2024
      • Pooled vehicle RAUM · $584M to $598M
        Jan 26, 2024 to Mar 30, 2024
      • RAUM · $2.0B to $2.0B
        Jan 26, 2024 to Mar 30, 2024
      • Accounts · 27 to 21
        Sep 20, 2022 to Mar 31, 2023
      • Advisory employees · 8 to 6
        Sep 20, 2022 to Mar 31, 2023
      • Advisory activities · 6 to 5
        Sep 20, 2022 to Mar 31, 2023
      • BD registered reps · 20 to 13
        Sep 20, 2022 to Mar 31, 2023
      • Corporate clients · unset to 0.0
        Sep 20, 2022 to Mar 31, 2023
      • HNW clients · unset to 0.0
        Sep 20, 2022 to Mar 31, 2023
      • Assets in custody · $502M to $473M
        Sep 20, 2022 to Mar 31, 2023
      • Employees · 35 to 21
        Sep 20, 2022 to Mar 31, 2023
      Signals
      9 dated events
      • S•••••••• C•••••• I•• L•• reported RAUM $1.9B, down 25% from $2.6B (2025-03-31 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • S•••••••• C•••••• I•• L•• reported RAUM $2.6B, up 29% from $2.0B (2024-03-30 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • S•••••••• C•••••• I•• L•• reported RAUM $2.0B, down 64% from $5.5B (2022-09-20 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Benjamin Samuel Bankman-Fried (Shareholder) appeared on Schedule A of S•••••••• C•••••• I•• L••
        Sep 20, 2022 · Control person joined · fact
      • Alfonso Danilo Diazgranados Manglano (Shareholder) appeared on Schedule A of S•••••••• C•••••• I•• L••
        Jul 29, 2022 · Control person joined · fact
      • Albert Laurent Roccia (Member) no longer on Schedule A of S•••••••• C•••••• I•• L•• (listed 2022-03-31, absent 2022-07-29)
        Jul 29, 2022 · Control person left · inference
      • Adam Troy Gayeski (Member, Co-Chief Investment Officer) no longer on Schedule A of S•••••••• C•••••• I•• L•• (listed 2020-10-21, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Ralph Jason Wright (Manager, Member) no longer on Schedule A of S•••••••• C•••••• I•• L•• (listed 2018-11-02, absent 2019-02-12)
        Feb 12, 2019 · Control person left · inference
      • Adam Troy Gayeski (Member, Co-Chief Investment Officer) appeared on Schedule A of S•••••••• C•••••• I•• L••
        Feb 12, 2019 · Control person joined · fact
      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/S••••••••-CAPITALreportedpublic record, Form ADV, Sep 18, 2026
      Website
      S••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-485-3100reportedpublic 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