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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

E••••••• C•••••• P•••••••

Former SEC-registered adviserWashington, District of ColumbiaCRD 151378SEC 801-70869websiteIAPD
Legal name E•• M•••••• L•
Latest filing Mar 31, 2025
First filing on the tape Mar 30, 2012 · 21 filings
SEC status approved since Jan 7, 2010
RAUM
$1.1B
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
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
14
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$1.1B as of Mar 31, 2025
Mar 30, 2012$713M then
HNW client RAUM$0 as of Mar 31, 2025
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2025
Mar 30, 20120 then
Employees (5.A)6 as of Mar 31, 2025
Apr 1, 201335 then
Private funds14 as of Mar 31, 2025
Mar 30, 20124 then
RAUM -19% over the last fiscal year-23% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2025; 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
$96.5MderivedRAUM 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
-19%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
$1.1B, 11 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)
  • 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
  • Pooled investment vehicles$1.1B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.1B for 11 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
      Every departureEvery arrival
      Private funds
      20 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      E•• I•• ••••••••• L••••••no longer reportedOther Private Fund$1.3B94Mar 31, 2015
      E•• A••••• F••• I• A• L••Private Equity Fund$309M26Mar 28, 2019
      E•• P•••• A•• W•••• S••Other Private Fund$270M5Oct 7, 2021
      E• I•••• H••••••• ••••••••• L••••••Other Private Fund$251M3Mar 31, 2016
      R••••••••• H••••••Other Private Fund$190M8Mar 31, 2015
      E•• A••••• F••• I•• P••Private Equity Fund$188M16Mar 29, 2012
      E•• A••••• F••• I••••••••• L••Private Equity Fund$168M3Mar 29, 2012
      E•• A••••• F••• I• L••Private Equity Fund$92.5M4Mar 30, 2017
      A••••• B••••• L••••••Other Private Fund$81.7M12Mar 30, 2017
      T••••• T•• L••••••Other Private Fund$31.6M12Oct 7, 2021
      B••• L••••••Other Private Fund$19.4M8Oct 7, 2021
      E•• A••••• F••• I• L••no longer reportedPrivate Equity Fund$18.1M31Mar 30, 2012
      E•• A••••• F••• I•• P••••••••• S•Private Equity Fund$15.3M2Mar 29, 2012
      C•••••• A•••••• G••••• S•••• S•no longer reportedPrivate Equity Fund$10.0M33Mar 30, 2012
      E•• A••••• F••• I• P••Private Equity Fund$7.5M19Mar 30, 2012
      T••••• T•••• L••••••Other Private Fund$3.9M15Oct 7, 2021
      E•• A••••• F••• I•• A• L••Private Equity Fund$3.3M2Mar 29, 2012
      B••• L•••••• L•Other Private Fund$1.9M2Oct 7, 2021
      E•• A••••• F•• I••••••••• L••Private Equity Fund$250,24819Mar 30, 2012
      T••••• O•• L••••••Other Private Fund$040Oct 7, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••••• C••••••• M••••••• · Clo And Chief Compliance Officer And Limited Partnercontrol
        since 09/2005 · owns 10% to 25%
      • D••••• H•••••• H••••• · Co-Ceo And Limited Partnercontrol
        since 09/2005 · owns 25% to 50%
      • C•••••••• C••••••• M••••••• · Partnercontrol
        since 09/2005 · owns F of Emerging Capital Partners LLC
      • D••••• H•••••• H••••• · Partnercontrol
        since 09/2005 · owns 25% to 50% of Emerging Capital Partners LLC
      • F•••• B••••• L••••• · Partnercontrol
        since 09/2005 · owns F of Emerging Capital Partners LLC
      • F•••• B••••• L••••• · Managing Director
        since 09/2005 · owns 10% to 25%
      • M•••••••• P••• · Managing Director
        since 01/2021 · owns 10% to 25%
      • M•••••••• P••• · Member
        since 01/2021 · owns F of Emerging Capital Partners LLC
      Entity owners
      • E••••••• C•••••• P••••••• L•• · General Partner
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • E•• M••• A•••••••• L••
        pooled vehicle sponsorn
      • Emerging Capital Partners
        investment advisernRAUM $331,085
      • E••••••• C•••••• A••••••••• I•• L••
        pooled vehicle sponsorn
      • E••••••• C•••••• A••••••••• I• L••
        pooled vehicle sponsorn
      • E••••••• C•••••• A••••••••• L••
        pooled vehicle sponsorn
      • G•• C•••••••• L••
        pooled vehicle sponsorn
      • I•••• H••••••• D•••••••
        pooled vehicle sponsorn
      • S•••• C•••••••• L••
        pooled vehicle sponsorn
      Advisers that list E••••••• C•••••• P••••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 15 to 11
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $1.3B to $1.1B
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 15 to 14
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.3B to $1.1B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.3B to $1.1B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $1.3B to $1.1B
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 16 to 15
        Mar 31, 2023 to Mar 29, 2024
      • Advisory employees · 14 to 5
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 8 to 15
        Mar 31, 2023 to Mar 29, 2024
      • Assets in custody · $1.6B to $1.3B
        Mar 31, 2023 to Mar 29, 2024
      • Employees · 20 to 6
        Mar 31, 2023 to Mar 29, 2024
      • Other offices · 2 to 0
        Mar 31, 2023 to Mar 29, 2024
      • Private funds · 17 to 15
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $1.6B to $1.3B
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.6B to $1.3B
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $1.6B to $1.3B
        Mar 31, 2023 to Mar 29, 2024
      • Accounts · 17 to 16
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 18 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $2.4B to $1.6B
        Mar 31, 2022 to Mar 31, 2023
      • Other offices · 3 to 2
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $2.4B to $1.6B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $2.4B to $1.6B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $2.4B to $1.6B
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 16 to 17
        Oct 7, 2021 to Mar 31, 2022
      • Assets in custody · $3.3B to $2.4B
        Oct 7, 2021 to Mar 31, 2022
      • Discretionary RAUM · $3.3B to $2.4B
        Oct 7, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $3.3B to $2.4B
        Oct 7, 2021 to Mar 31, 2022
      • RAUM · $3.3B to $2.4B
        Oct 7, 2021 to Mar 31, 2022
      • Succession · true to false
        Oct 7, 2021 to Mar 31, 2022
      • Accounts · 2 to 16
        Apr 3, 2021 to Oct 7, 2021
      • Assets in custody · $195M to $3.3B
        Apr 3, 2021 to Oct 7, 2021
      • Other offices · 4 to 3
        Apr 3, 2021 to Oct 7, 2021
      • Private funds · 8 to 17
        Apr 3, 2021 to Oct 7, 2021
      • Discretionary RAUM · $1.8B to $3.3B
        Apr 3, 2021 to Oct 7, 2021
      • Pooled vehicle RAUM · $1.8B to $3.3B
        Apr 3, 2021 to Oct 7, 2021
      • RAUM · $1.8B to $3.3B
        Apr 3, 2021 to Oct 7, 2021
      • Succession · false to true
        Apr 3, 2021 to Oct 7, 2021
      • Accounts · 8 to 2
        Mar 31, 2021 to Apr 3, 2021
      • Advisory employees · 22 to 18
        Mar 31, 2021 to Apr 3, 2021
      Signals
      8 dated events
      • Emerging Capital Partners no longer on the SEC adviser roster (last listed 2026-02-02, RAUM $1.1B)
        Mar 2, 2026 · Left the SEC roster · derived
      • Emerging Capital Partners reported RAUM $1.6B, down 33% from $2.4B (2022-03-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Emerging Capital Partners reported RAUM $2.4B, down 30% from $3.3B (2021-10-07 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Vincent Le Guennou (Limited Partners) no longer on Schedule A of Emerging Capital Partners (listed 2021-10-07, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Emerging Capital Partners reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Oct 7, 2021 · Succession (Item 4) · fact
      • Emerging Capital Partners reported RAUM $3.3B, up 86% from $1.8B (2021-04-03 to 2021-10-07)
        Oct 7, 2021 · RAUM change · derived
      • Leonard Michael Jansa (Limited Partner) no longer on Schedule A of Emerging Capital Partners (listed 2018-07-05, absent 2019-03-28)
        Mar 28, 2019 · Control person left · inference
      • Emerging Capital Partners reported RAUM $2.0B, up 30% from $1.5B (2017-03-30 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      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