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••••••• L••

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 156902SEC 801-73829websiteIAPD
Latest filing Jul 7, 2026
First filing on the tape Feb 14, 2012 · 36 filings
SEC status approved since Mar 30, 2012
RAUM
$5.7B
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
12
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
29
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$5.7B as of Jul 7, 2026
Mar 27, 2013$282M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 7, 2026
Mar 27, 20130 then
Employees (5.A)12 as of Jul 7, 2026
Mar 27, 20137 then
Private funds29 as of Jul 7, 2026
Mar 27, 20136 then
RAUM +5.9% over the last fiscal year+8.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 7, 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
$198MderivedRAUM 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
+5.9%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 vehicles, selection of other advisersreportedItem 5.G
Custody
$353M, 4 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)
  • 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 hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$5.7B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
29reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$353M for 4 clientsreported
Compensation
% of AUM, performancereported
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
      S••••••• C•••••• F••• I••• L•Private Equity Fund$1.0B197Mar 30, 2018
      S••••••• S••••• I• F••••••• F•••• L•Private Equity Fund$791M251Mar 28, 2023
      S••••••• C•••••• F••• I•• L•Private Equity Fund$589M145Mar 27, 2014
      S••••••• S••••• I• L•••••• F•••• L•Private Equity Fund$545M187Mar 28, 2023
      S••••••• H•••••• C••••••• L••Private Equity Fund$356M1Mar 27, 2014
      S••••••• C•••••• A• I••• L•Private Equity Fund$273M87Mar 30, 2018
      S••••••• C•••••• F••• I•••• L•Private Equity Fund$269M73Mar 27, 2014
      S••••••• C•••••• A• I•• L•Private Equity Fund$196M101Mar 28, 2022
      S••••••• C•••••• A• I••••• L•Private Equity Fund$135M3Mar 29, 2019
      S••••••• P•••••••• C•••••• I••••••••• I••• L••Private Equity Fund$109M80Mar 29, 2019
      S••••••• C•••••• A• I•••• L•Private Equity Fund$101M2Mar 28, 2022
      S••••••• F••••••• F••• I• L•Private Equity Fund$70.8M85Feb 14, 2012
      S••••••• S••••• I••• L•••••• F•••• L•Private Equity Fund$60.9M4Mar 28, 2023
      S••••••• S••••• I••• F••••••• F•••• L•Private Equity Fund$59.6M3Mar 28, 2023
      S••••••• P•••••••• C•••••• I••••••••• I•• L••Private Equity Fund$55.5M85Mar 27, 2014
      S••••••• F••••••• F••• I••• L•Private Equity Fund$44.9M32Feb 14, 2012
      S•••• I••••••••• L••Private Equity Fund$38.0M29Mar 30, 2018
      O•• • S• S••• L••Private Equity Fund$20.1M2Mar 24, 2021
      G•••• S••• L••Private Equity Fund$19.3M6Mar 28, 2022
      S••••••• S••••• I• L•••••• I••••••••• L••Private Equity Fund$18.9M5Mar 27, 2024
      C••• S•••••••• L••Private Equity Fund$175,60015Feb 14, 2012
      S••••••• 2••• H•••••• L••Private Equity Fund$59,00027Mar 27, 2017
      S•• P•••••••• C•••••• I••••••••• L•• C••••••••• S••••• I•Private Equity Fund$25,00023Feb 14, 2012
      S••••••• H••••• I• L••no longer reportedPrivate Equity Fund$17,00022Mar 27, 2013
      S•• P•••••••• C•••••• I••••••••• L•• C••••••••• S••••• I•Private Equity Fund$018Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • K••••••• J••••• M•••••• · Chief Compliance Officer And Chief Financial Officercontrol
        since 08/2015 · owns less than 5%
      • R•••••• T••••••• M••• · Managing Partner & Managing Membercontrol
        since 02/2008 · owns 25% to 50%
      • Z••••• S••••••• J•••••• · Managing Partner & Managing Membercontrol
        since 02/2008 · owns 25% to 50%
      • S••••••••• E•••• F•••• · Managing Membercontrol
        since 01/2013 · owns 75% or more of B•••• H•••• H•••••••• L••
      Entity owners
      • B•••• H•••• H•••••••• L•• · Managing Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • S••••••• C•••••• A• I• G•• L•
        pooled vehicle sponsorn
      • S••••••• C•••••• F••• I• G•• L•
        pooled vehicle sponsorn
      • S••••••• C•••••• F••• I•• G•• L•
        pooled vehicle sponsorn
      • S••••••• F••••••• F••• I• G•• L•
        pooled vehicle sponsorn
      • S••••••• G••••• L••
        pooled vehicle sponsorn
      • S••••••• S••••• I• F••••••• F••• G•• L•
        pooled vehicle sponsorn
      • S••••••• S••••• I• L•••••• F••• G•• L•
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY12 employees
      What changed
      consecutive filings, newest first
      • Accounts · 27 to 29
        Dec 11, 2025 to Mar 30, 2026
      • Advisory employees · 13 to 12
        Dec 11, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 27 to 29
        Dec 11, 2025 to Mar 30, 2026
      • Assets in custody · $335M to $353M
        Dec 11, 2025 to Mar 30, 2026
      • Employees · 13 to 12
        Dec 11, 2025 to Mar 30, 2026
      • Private funds · 27 to 29
        Dec 11, 2025 to Mar 30, 2026
      • Discretionary RAUM · $5.4B to $5.7B
        Dec 11, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $5.4B to $5.7B
        Dec 11, 2025 to Mar 30, 2026
      • RAUM · $5.4B to $5.7B
        Dec 11, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 26, 2025 to Jun 30, 2025
      • Accounts · 24 to 27
        Jul 2, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 24 to 27
        Jul 2, 2024 to Mar 26, 2025
      • Assets in custody · $179M to $335M
        Jul 2, 2024 to Mar 26, 2025
      • Private funds · 24 to 27
        Jul 2, 2024 to Mar 26, 2025
      • Discretionary RAUM · $4.8B to $5.4B
        Jul 2, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $4.8B to $5.4B
        Jul 2, 2024 to Mar 26, 2025
      • RAUM · $4.8B to $5.4B
        Jul 2, 2024 to Mar 26, 2025
      • Accounts · 23 to 24
        Aug 21, 2023 to Mar 27, 2024
      • Advisory employees · 10 to 13
        Aug 21, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 23 to 24
        Aug 21, 2023 to Mar 27, 2024
      • Assets in custody · $161M to $179M
        Aug 21, 2023 to Mar 27, 2024
      • Employees · 10 to 13
        Aug 21, 2023 to Mar 27, 2024
      • Private funds · 23 to 24
        Aug 21, 2023 to Mar 27, 2024
      • Discretionary RAUM · $4.4B to $4.8B
        Aug 21, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $4.4B to $4.8B
        Aug 21, 2023 to Mar 27, 2024
      • RAUM · $4.4B to $4.8B
        Aug 21, 2023 to Mar 27, 2024
      • Accounts · 19 to 23
        Jun 30, 2022 to Mar 28, 2023
      • Advisory employees · 9 to 10
        Jun 30, 2022 to Mar 28, 2023
      • Pooled vehicle clients · 19 to 23
        Jun 30, 2022 to Mar 28, 2023
      • Assets in custody · $135M to $161M
        Jun 30, 2022 to Mar 28, 2023
      • Employees · 9 to 10
        Jun 30, 2022 to Mar 28, 2023
      • Private funds · 19 to 23
        Jun 30, 2022 to Mar 28, 2023
      • Discretionary RAUM · $3.2B to $4.4B
        Jun 30, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $3.2B to $4.4B
        Jun 30, 2022 to Mar 28, 2023
      • RAUM · $3.2B to $4.4B
        Jun 30, 2022 to Mar 28, 2023
      • Accounts · 17 to 19
        Jun 29, 2021 to Mar 28, 2022
      • Advisory employees · 8 to 9
        Jun 29, 2021 to Mar 28, 2022
      • Pooled vehicle clients · 17 to 19
        Jun 29, 2021 to Mar 28, 2022
      • Assets in custody · $146M to $135M
        Jun 29, 2021 to Mar 28, 2022
      • Employees · 8 to 9
        Jun 29, 2021 to Mar 28, 2022
      Signals
      3 dated events
      • S••••••• C••••••• L•• reported RAUM $4.4B, up 39% from $3.2B (2022-06-30 to 2023-03-28)
        Mar 28, 2023 · RAUM change · derived
      • S••••••• C••••••• L•• reported RAUM $2.2B, up 32% from $1.7B (2018-07-02 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • S••••••• C••••••• L•• reported RAUM $1.7B, up 76% from $956.3M (2017-03-27 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      S•••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      857-362-9200reportedpublic record, Form ADV, Jul 7, 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