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

E•••••••• A•••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 151635SEC 801-70618websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Mar 21, 2012 · 37 filings
SEC status approved since Sep 30, 2009
RAUM
$4.5B
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
39
14 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
21
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$4.5B as of Mar 26, 2026
Mar 21, 2012$506M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 21, 20120 then
Employees (5.A)39 as of Mar 26, 2026
Mar 28, 201315 then
Private funds21 as of Mar 26, 2026
Mar 21, 20125 then
RAUM +19% over the last fiscal year+4.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
$166MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
25%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$3.7B, 25 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)
  • 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 hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$3.1B69%
  • Sovereign wealth funds$738M16%
  • Pension and profit-sharing plans$369M8.2%
  • Other investment advisers$277M6.2%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
27reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$3.7B for 25 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.75 institutional_share=0.25 related_bd=false related_bank=true 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
      19 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      E•••••••• Z••••••• T•••• R••••• C•• B••• F••• L•••Hedge Fund$896M12Mar 20, 2015
      E•••••••• N••••• M••••• F••• L•••Hedge Fund$273M62Mar 21, 2012
      E•••••••• N••••• O••••••• F••• L•••Hedge Fund$266M43Mar 21, 2012
      E•••••••• O••••••••• F••• L••• • C•••• 1• S•••••••Hedge Fund$218M2May 30, 2023
      E•••••••• N••••• O••••••• F••• I• L••• C•••• 2• • S•••••••Hedge Fund$171M9Mar 31, 2021
      O••• C••••••••• F••• L•••no longer reportedHedge Fund$96.0M1Mar 21, 2012
      E•••••••• D••••••• O••••••• F••• L••• • O••••••• C•••• 1• S•••••••Hedge Fund$89.0M31Mar 28, 2013
      E•••••••• D••••••• F••• L••• • C•••• 1• S•••••••Hedge Fund$87.6M36Mar 28, 2013
      F••••••• C•• B••• F••• L•••Hedge Fund$76.8M4Mar 21, 2012
      E•••••••• O••••••••• F••• L••• • C•••• 2• S•••••••Hedge Fund$38.6M1May 30, 2023
      E•••••••• O••••••••• F••• L••• • C•••• 5• S•••••••Hedge Fund$35.8M5Jul 12, 2024
      E•••••••• E••••••• F••• L••• • M•• S•••••••Hedge Fund$25.4M3May 28, 2019
      E•••••••• O••••••••• F••• L••• • C•••• 3• S•••••••Hedge Fund$25.0M8Mar 21, 2024
      E•••••••• N••••• O•••••• F••• L•Hedge Fund$8.9M6Mar 21, 2012
      E•••••••• D••••••• O•••••• F••• L•Hedge Fund$7.0M5Mar 28, 2013
      E•••••••• D••••••• F••• L••• • M••••• F••• C•••• 2• S•••••••Hedge Fund$6.5M2Mar 24, 2016
      E•••••••• D••••••• O••••••• F••• L••• • O••••••• C•••• 2• S•••••••Hedge Fund$6.4M2Mar 24, 2016
      E•••••••• N••••• O••••••• F••• I• L••• • C•• S•••••••Hedge Fund$1.2M13Mar 27, 2017
      E•••••••• D••••••• O••••••• F••• L••• • O••••••• C•••• 3• S•••••••no longer reportedHedge Fund$00Mar 27, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• P•••• S••••• · Partner And Portfolio Managercontrol
        since 02/2016 · owns less than 5%
      • D•••••• J•••• C•••• · Founding Partner / Senior Portfolio Managercontrol
        since 06/2009 · owns less than 5%
      • F•••••• M••••••• M• · Managing Partner / Chief Financial Officercontrol
        since 09/2012 · owns less than 5%
      • R••••••• A••••••• A•••••••• · Founding Partner / Senior Portfolio Managercontrol
        since 06/2009 · owns less than 5%
      • W•••••• L••••••• P•••••• · Partner / Chief Compliance Officer / Chief Legal Officercontrol
        since 01/2021 · owns less than 5%
      • D•••••• J•••• C•••• · Trusteecontrol
        since 11/2009 · owns F of J••• C• D••••• I• G••• T•••• •
      • R••••••• A••••••• A•••••••• · Trusteecontrol
        since 11/2009 · owns F of A•••••• A• R••••••• J•• G••• T•••• •
      Entity owners
      • E•••••••• H•••••••• L• · Member
        direct · owns 75% or more
      • A•••••• A• R••••••• J•• G••• T•••• • · LP
        indirect · owns 25% to 50% of E•••••••• H•••••••• L•
      • E•••••••• H••••••• G•• L•• · General Partner
        indirect · owns F of E•••••••• H•••••••• L•
      • J••• C• D••••• I• G••• T•••• • · LP
        indirect · owns 25% to 50% of E•••••••• H•••••••• L•
      • W•••• M•••••••• I•••••••• G••••• L••• · Shareholder
        indirect · owns 75% or more of W• B••••••• L•• · public reporting company
      • W• B••••••• L•• · Shareholder
        indirect · owns 75% or more of W• C•••••• H••••••• L•••
      • W• C•••••• H••••••• L••• · LP
        indirect · owns 25% to 50% of E•••••••• H•••••••• L•
      Related persons
      Schedule D 7.A
      • E•••••••• D••••••• G•• L••
        bankpooled vehicle sponsorn
      • E•••••••• G•• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • high institutional concentrationStatic outlier · filing Mar 26, 2026
        institutional share of RAUM of 25% against a peer median of 0% (1506 comparable advisers, 98.0th percentile, 8.3 robust deviations)
        peers: asset managers, $1B to $5B (1,506) · 98% percentile
      • institutional asset share shiftChange between filings · filing Mar 26, 2026
        institutional share of RAUM moved from 50.0% to 31.0% between the annual amendments of 2025-03-25 and 2026-03-26
        peers: asset managers, $1B to $5B (1,506)
      What changed
      consecutive filings, newest first
      • Accounts · 24 to 27
        Jan 21, 2026 to Mar 26, 2026
      • Advisory employees · 15 to 14
        Jan 21, 2026 to Mar 26, 2026
      • Pooled vehicle clients · 14 to 17
        Jan 21, 2026 to Mar 26, 2026
      • Assets in custody · $3.6B to $3.7B
        Jan 21, 2026 to Mar 26, 2026
      • Employees · 42 to 39
        Jan 21, 2026 to Mar 26, 2026
      • Private funds · 20 to 21
        Jan 21, 2026 to Mar 26, 2026
      • Discretionary RAUM · $3.7B to $4.5B
        Jan 21, 2026 to Mar 26, 2026
      • Pension RAUM · $413M to $369M
        Jan 21, 2026 to Mar 26, 2026
      • Pooled vehicle RAUM · $1.9B to $3.1B
        Jan 21, 2026 to Mar 26, 2026
      • RAUM · $3.7B to $4.5B
        Jan 21, 2026 to Mar 26, 2026
      • Private funds · 19 to 20
        Jun 10, 2025 to Jan 21, 2026
      • Financial planning clients · unset to
        Mar 25, 2025 to Jun 10, 2025
      • Private funds · 18 to 19
        Mar 25, 2025 to Jun 10, 2025
      • Accounts · 21 to 24
        Jul 12, 2024 to Mar 25, 2025
      • Pooled vehicle clients · 11 to 14
        Jul 12, 2024 to Mar 25, 2025
      • Assets in custody · $3.9B to $3.6B
        Jul 12, 2024 to Mar 25, 2025
      • Employees · 41 to 42
        Jul 12, 2024 to Mar 25, 2025
      • Private funds · 17 to 18
        Jul 12, 2024 to Mar 25, 2025
      • Discretionary RAUM · $4.1B to $3.7B
        Jul 12, 2024 to Mar 25, 2025
      • Pension RAUM · $574M to $413M
        Jul 12, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $2.1B to $1.9B
        Jul 12, 2024 to Mar 25, 2025
      • RAUM · $4.1B to $3.7B
        Jul 12, 2024 to Mar 25, 2025
      • Private funds · 16 to 17
        Mar 21, 2024 to Jul 12, 2024
      • Accounts · 17 to 21
        May 30, 2023 to Mar 21, 2024
      • Advisory employees · 17 to 15
        May 30, 2023 to Mar 21, 2024
      • Charity clients · 0.0 to unset
        May 30, 2023 to Mar 21, 2024
      • Pooled vehicle clients · 8 to 11
        May 30, 2023 to Mar 21, 2024
      • Assets in custody · $3.7B to $3.9B
        May 30, 2023 to Mar 21, 2024
      • Employees · 50 to 41
        May 30, 2023 to Mar 21, 2024
      • Private funds · 15 to 16
        May 30, 2023 to Mar 21, 2024
      • Discretionary RAUM · $3.9B to $4.1B
        May 30, 2023 to Mar 21, 2024
      • Pension RAUM · $634M to $574M
        May 30, 2023 to Mar 21, 2024
      • Pooled vehicle RAUM · $1.5B to $2.1B
        May 30, 2023 to Mar 21, 2024
      • RAUM · $3.9B to $4.1B
        May 30, 2023 to Mar 21, 2024
      • Private funds · 13 to 15
        Mar 29, 2023 to May 30, 2023
      • Charity clients · unset to 0.0
        May 2, 2022 to Mar 29, 2023
      • Assets in custody · $4.3B to $3.7B
        May 2, 2022 to Mar 29, 2023
      • Discretionary RAUM · $4.5B to $3.9B
        May 2, 2022 to Mar 29, 2023
      • Pension RAUM · $831M to $634M
        May 2, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $1.8B to $1.5B
        May 2, 2022 to Mar 29, 2023
      Signals
      3 dated events
      • Steven Paul Barker (Partner And Portfolio Manager) appeared on Schedule A of E•••••••• A•••••••• L••
        Mar 21, 2024 · Control person joined · fact
      • Reena Jashnani-Slusarz (Managing Director / Deputy Chief Legal Officer / Chief Compliance Officer) no longer on Schedule A of E•••••••• A•••••••• L•• (listed 2021-03-31, absent 2021-04-26)
        Apr 26, 2021 · Control person left · inference
      • Overleese Bobbi Anderson (General Counsel) no longer on Schedule A of E•••••••• A•••••••• L•• (listed 2019-06-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      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
      E••••••••ADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-281-4688reportedpublic record, Form ADV, Mar 26, 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