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.

SEC-registered adviser

Virgo Investment Group LLC

Asset manager (funds and pooled vehicles)Burlingame, CaliforniaCRD 157297SEC 801-74276websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 15, 2012 · 25 filings
SEC status approved since Mar 30, 2012
RAUM
$857M
reported, Item 5.F
Discretionary
71%
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
9
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
12
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$857M as of Mar 31, 2026
Apr 1, 2013$228M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20130 then
Employees (5.A)9 as of Mar 31, 2026
Apr 1, 20139 then
Private funds12 as of Mar 31, 2026
Mar 27, 20142 then
RAUM -20% over the last fiscal year-19% 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
$61.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
71%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
-20%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$837M, 14 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$820M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
14reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$837M for 14 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.96 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
      20 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Virgo Specialty Finance I (Offshore), L.P.Private Equity Fund$424M58Mar 31, 2022
      Virgo-Crimson Hawks, LLCPrivate Equity Fund$244M18Apr 24, 2019
      Virgo Societas Partnership IV (Offshore), LPPrivate Equity Fund$220M19Mar 30, 2017
      Virgo - Redwood, LPno longer reportedPrivate Equity Fund$205M2Feb 15, 2012
      Zephryus Aviation Partners I (Offshore), L.P.Private Equity Fund$140M6Mar 29, 2019
      Virgo Societas Partnership IV (Onshore), L.P.Private Equity Fund$94.3M13Mar 30, 2017
      Zephyrus Aviation Partners II (Offshore), L.P.Private Equity Fund$34.5M8Mar 30, 2023
      Zal LtdPrivate Equity Fund$27.8M1Apr 24, 2019
      Virgo - Willow, LPno longer reportedPrivate Equity Fund$23.7M2Feb 15, 2012
      Zephyrus Aviation 5 (Cayman), Ltd - Co-InvestorsPrivate Equity Fund$18.6M1Mar 31, 2022
      Virgo - Sierra, LPno longer reportedPrivate Equity Fund$18.3M2Feb 15, 2012
      Mz Aviation HoldingsPrivate Equity Fund$16.5M2Mar 28, 2024
      Virgo - Juniper, LPno longer reportedPrivate Equity Fund$14.0M1Feb 15, 2012
      Virgo Societas Partnership III (Offshore) L.P.Private Equity Fund$11.7M36Oct 10, 2013
      Virgo Societas Partnership III (Onshore), L.P.Private Equity Fund$11.4M45Oct 10, 2013
      Virgo - Magnolia, LPno longer reportedPrivate Equity Fund$4.4M2Feb 15, 2012
      Virgo - Cypress, LPno longer reportedPrivate Equity Fund$3.3M2Feb 15, 2012
      Virgo - Chestnut, LPno longer reportedPrivate Equity Fund$1.1M2Feb 15, 2012
      Virgo Trillion Funding, LLCPrivate Equity Fund$75,8317Apr 28, 2020
      Zal 2 Limited - Profit Share/ Co-Investors OnlyPrivate Equity Fund$05Mar 30, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Colin Jesse Watson · Chief Investment Officercontrol
        since 05/2009 · owns less than 5%
      • Colin Jesse Watson · Sole Membercontrol
        since 09/2009 · owns 75% or more of Meigetsu LLC
      • Andrew Todd Dorfman · Partner
        since 04/2013 · owns less than 5%
      • Lewis Gary Krauthamer · Partner
        since 04/2013 · owns less than 5%
      • Aragon Anthony Lubiano · Chief Compliance Officer
        since 03/2020 · owns less than 5%
      • Christopher Macdonald · Partner
        since 04/2011 · owns less than 5%
      • Luther Morris Mcnair · Partner
        since 02/2010 · owns less than 5%
      • Owen Robert Racusin · Partner
        since 09/2009 · owns less than 5%
      Entity owners
      • Meigetsu LLC · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Virgo Agency Company, LLC
        investment advisern
      • Virgo Agency Services LLC
        investment advisern
      • Virgo Service Company, LLC
        investment advisern
      • Virgo Sf Partners I, LLC
        investment adviserpooled vehicle sponsorn
      • Virgo Societas Partners (Cayman), LP
        investment adviserpooled vehicle sponsorn
      • Virgo Societas Partners IV, LLC
        investment adviserpooled vehicle sponsorn
      • Virgo Societas Partners, LLC
        investment adviserpooled vehicle sponsorn
      • Zephyrus Partners I, LLC
        investment adviserpooled vehicle sponsorn
      • Zephyrus Partners II, LLC
        investment adviserpooled vehicle sponsorn
      Advisers that list Virgo Investment Group LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 17 to 14
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 15 to 12
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $1.0B to $837M
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 11 to 9
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 15 to 12
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $761M to $610M
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $317M to $247M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.0B to $820M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $1.1B to $857M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 18 to 17
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 12 to 15
        Mar 28, 2024 to Mar 31, 2025
      • Assets in custody · $1.2B to $1.0B
        Mar 28, 2024 to Mar 31, 2025
      • Employees · 14 to 11
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Private funds · 12 to 15
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $988M to $761M
        Mar 28, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $307M to $317M
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.2B to $1.0B
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $1.3B to $1.1B
        Mar 28, 2024 to Mar 31, 2025
      • Advisory employees · 10 to 5
        Apr 7, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 11 to 12
        Apr 7, 2023 to Mar 28, 2024
      • Assets in custody · $1.5B to $1.2B
        Apr 7, 2023 to Mar 28, 2024
      • Employees · 16 to 14
        Apr 7, 2023 to Mar 28, 2024
      • Private funds · 11 to 12
        Apr 7, 2023 to Mar 28, 2024
      • Discretionary RAUM · $1.2B to $988M
        Apr 7, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $412M to $307M
        Apr 7, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.4B to $1.2B
        Apr 7, 2023 to Mar 28, 2024
      • RAUM · $1.6B to $1.3B
        Apr 7, 2023 to Mar 28, 2024
      • Accounts · 19 to 18
        Mar 30, 2023 to Apr 7, 2023
      • Pooled vehicle clients · 12 to 11
        Mar 30, 2023 to Apr 7, 2023
      • Private funds · 12 to 11
        Mar 30, 2023 to Apr 7, 2023
      • Accounts · 16 to 19
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 10 to 12
        Mar 31, 2022 to Mar 30, 2023
      • Assets in custody · $1.7B to $1.5B
        Mar 31, 2022 to Mar 30, 2023
      • Private funds · 10 to 12
        Mar 31, 2022 to Mar 30, 2023
      • Discretionary RAUM · $1.3B to $1.2B
        Mar 31, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $390M to $412M
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $1.5B to $1.4B
        Mar 31, 2022 to Mar 30, 2023
      • RAUM · $1.7B to $1.6B
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 8 to 10
        May 3, 2021 to Mar 31, 2022
      Signals
      2 dated events
      • Virgo Investment Group Llc reported RAUM $1.7B, up 36% from $1.2B (2021-05-03 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Virgo Investment Group Llc reported RAUM $1.0B, up 34% from $770.1M (2018-03-29 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      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/zephyrus-aviation-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Firm profile
      linkedin.com/company/virgo-investment-groupreportedpublic record, Form ADV, Sep 18, 2026
      Website
      VIRGO-LLC.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      650-486-1953reportedpublic 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