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.

Former SEC-registered adviser

American Infrastructure Funds, LLC

Former SEC-registered adviserFoster City, CaliforniaCRD 156157SEC 801-74025websiteIAPD
Latest filing Apr 29, 2024
First filing on the tape Feb 14, 2012 · 23 filings
SEC status approved since Mar 30, 2012
RAUM
$296M
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
7
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
7
$296M gross assets
History
23 filings and snapshots on the tape
RAUM$389M as of Mar 27, 2024
Mar 25, 2013$942M then
HNW client RAUM$0 as of Mar 30, 2023
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 27, 2024
Mar 25, 20130 then
Employees (5.A)7 as of Mar 27, 2024
Mar 25, 201327 then
Private funds7 as of Mar 27, 2024
Mar 25, 201313 then
RAUM -77% over the last fiscal year-43% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 29, 2024; 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
$32.9MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-70%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
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)
  • 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$296M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
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
      22 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      American Infrastructure Mlp Fund II, L.P.Private Equity Fund$139M294Mar 25, 2013
      American Infrastructure Mlp Private Equity Fund, L.P.Private Equity Fund$49.7M212Feb 14, 2012
      Aim Bridge LLCPrivate Equity Fund$37.7M208Feb 14, 2012
      American Infrastructure Mlp Founders Fund II, L.P.Private Equity Fund$22.8M241Mar 25, 2013
      American Infrastructure Mlp Fund, L.P.Private Equity Fund$19.0M126Feb 14, 2012
      American Infrastructure Mlp Associates Fund, L.P.Private Equity Fund$16.6M111Feb 14, 2012
      Aim II Offshore, L.P.Private Equity Fund$11.2M8Mar 28, 2014
      Aim Landfill LPno longer reportedPrivate Equity Fund$601,61175Mar 30, 2015
      Aim Water LLCno longer reportedPrivate Equity Fund$413,288152Mar 25, 2013
      Aim Storage, LLCno longer reportedPrivate Equity Fund$258,809159Feb 14, 2012
      Aim Upstream LLCno longer reportedPrivate Equity Fund$101,978131Mar 25, 2013
      Aim Coal LLCno longer reportedPrivate Equity Fund$84,85197Feb 14, 2012
      Aim Midstream LLCno longer reportedPrivate Equity Fund$43,696164Feb 14, 2012
      Aim Ag Infra LPno longer reportedPrivate Equity Fund$11,799166Mar 30, 2016
      Aim Fuel 2, LPPrivate Equity Fund$0131Mar 30, 2015
      Aim Fuel, LLCPrivate Equity Fund$0160Feb 14, 2012
      Aim Education LPPrivate Equity Fund$0207Mar 22, 2017
      Aim Marinas LPno longer reportedPrivate Equity Fund$0169Mar 30, 2016
      Aim Dividend Growth Fund, LPno longer reportedPrivate Equity Fund$0102Mar 22, 2017
      Aim Inspire America Fund LPno longer reportedPrivate Equity Fund$0127Mar 30, 2016
      Aim Cemetery Infrastructure, LPno longer reportedPrivate Equity Fund$0173Mar 30, 2015
      Aim Land, LPno longer reportedPrivate Equity Fund$0141Mar 25, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Paul Matthew Carbone · Managing Membercontrol
        since 08/2007 · owns 25% to 50%
      • Barry Robert Jr. Hellman · Managing Membercontrol
        since 08/2007 · owns 50% to 75%
      • Edward Keith Ogden · Chief Operating Officer And Chief Compliance Officercontrol
        since 08/2018 · owns less than 5%
      Related persons
      Schedule D 7.A
      • Aim Universal Holdings, LLC
        pooled vehicle sponsorn
      • Era Partners LLC
        investment advisernRAUM $1.6B
      • American Infrastructure Mlp Associates Management, L.L.C.
        pooled vehicle sponsorn
      • American Infrastructure Mlp Management II, L.L.C.
        pooled vehicle sponsorn
      • American Infrastructure Mlp Management, L.L.C.
        pooled vehicle sponsorn
      • American Infrastructure Mlp Pe Management, L.L.C.
        pooled vehicle sponsorn
      • American Infrastructure
        investment advisernRAUM $1.7B
      Advisers that list American Infrastructure Funds, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • San Francisco, CA4 employees
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $389M to $296M
        Mar 27, 2024 to Apr 24, 2024
      • Pooled vehicle RAUM · $389M to $296M
        Mar 27, 2024 to Apr 24, 2024
      • RAUM · $389M to $296M
        Mar 27, 2024 to Apr 24, 2024
      • Accounts · 12 to 9
        Nov 30, 2023 to Mar 27, 2024
      • Advisory employees · 7 to 6
        Nov 30, 2023 to Mar 27, 2024
      • Charity clients · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Corporate clients · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • HNW clients · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Individual clients · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Pension plan clients · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 12 to 9
        Nov 30, 2023 to Mar 27, 2024
      • Employees · 10 to 7
        Nov 30, 2023 to Mar 27, 2024
      • Private funds · 10 to 7
        Nov 30, 2023 to Mar 27, 2024
      • Discretionary RAUM · $313M to $389M
        Nov 30, 2023 to Mar 27, 2024
      • HNW RAUM · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Individual RAUM · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Pension RAUM · 0.0 to unset
        Nov 30, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $313M to $389M
        Nov 30, 2023 to Mar 27, 2024
      • RAUM · $313M to $389M
        Nov 30, 2023 to Mar 27, 2024
      • Accounts · 14 to 12
        Oct 23, 2023 to Nov 30, 2023
      • Pooled vehicle clients · 14 to 12
        Oct 23, 2023 to Nov 30, 2023
      • Private funds · 11 to 10
        Oct 23, 2023 to Nov 30, 2023
      • Discretionary RAUM · $1.3B to $313M
        Oct 23, 2023 to Nov 30, 2023
      • Pooled vehicle RAUM · $1.3B to $313M
        Oct 23, 2023 to Nov 30, 2023
      • RAUM · $1.3B to $313M
        Oct 23, 2023 to Nov 30, 2023
      • Accounts · 17 to 14
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 17 to 14
        Mar 31, 2022 to Mar 30, 2023
      • Private funds · 14 to 11
        Mar 31, 2022 to Mar 30, 2023
      • Discretionary RAUM · $1.4B to $1.3B
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $1.4B to $1.3B
        Mar 31, 2022 to Mar 30, 2023
      • RAUM · $1.4B to $1.3B
        Mar 31, 2022 to Mar 30, 2023
      • Accounts · 18 to 17
        Mar 31, 2021 to Mar 31, 2022
      • Advisory employees · 10 to 7
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 18 to 17
        Mar 31, 2021 to Mar 31, 2022
      • Assets in custody · 0.0 to unset
        Mar 31, 2021 to Mar 31, 2022
      • Employees · 15 to 10
        Mar 31, 2021 to Mar 31, 2022
      • Private funds · 15 to 14
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.6B to $1.4B
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $1.6B to $1.4B
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $1.6B to $1.4B
        Mar 31, 2021 to Mar 31, 2022
      Signals
      2 dated events
      • American Infrastructure Funds, Llc no longer on the SEC adviser roster (last listed 2025-01-02, RAUM $296.3M)
        Feb 3, 2025 · Left the SEC roster · derived
      • American Infrastructure Funds, Llc reported RAUM $313.2M, down 76% from $1.3B (2023-10-23 to 2023-11-30)
        Nov 30, 2023 · 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