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

D•• C•••••• P•••••••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 157337SEC 801-74370websiteIAPD
Legal name D•• C•••••• M••••••••• L••
Latest filing Mar 23, 2026
First filing on the tape Feb 21, 2012 · 19 filings
SEC status approved since Mar 30, 2012
RAUM
$2.9B
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
25
18 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
7
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$2.9B as of Mar 23, 2026
Mar 28, 2013$167M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 23, 2026
Mar 28, 20130 then
Employees (5.A)25 as of Mar 23, 2026
Mar 28, 20137 then
Private funds7 as of Mar 23, 2026
Mar 28, 201310 then
RAUM +31% over the last fiscal year+15% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 23, 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
$412MderivedRAUM 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
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
+31%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
$2.1B, 7 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)
  • 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 testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.9B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$2.1B for 7 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
      19 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D•• C•••••• P••••••• V••• L•••Private Equity Fund$779M150Mar 31, 2023
      D•• C•••••• P••••••• V•• L•••Private Equity Fund$651M91Mar 18, 2020
      D•• C•••••• P••••••• I• C••••••••• L•••Private Equity Fund$257M66Mar 29, 2022
      D•• C•••••• P••••••• V• L•••Private Equity Fund$231M86Mar 28, 2017
      D•• C•••••• P••••••• I•• L•no longer reportedPrivate Equity Fund$227M92Mar 28, 2013
      D•• V• C•••••••• ••• L••Private Equity Fund$146M13Mar 25, 2024
      D•• I••••••••• L•no longer reportedPrivate Equity Fund$78.7M90Mar 26, 2014
      D•• V• C••••••••• L••• •••••• A•Private Equity Fund$28.5M4Mar 31, 2023
      D•• V• C••••••••• L••• •••••• B•Private Equity Fund$20.8M4Mar 31, 2023
      T•••••• P••••••• I••• L••no longer reportedPrivate Equity Fund$11.7M28Feb 21, 2012
      D•• T••• P••••• I••• L••no longer reportedPrivate Equity Fund$7.6M29Feb 21, 2012
      D••••••• P••••• I•• L••no longer reportedPrivate Equity Fund$3.3M34Feb 21, 2012
      D•• T••• P••••• I•• L••no longer reportedPrivate Equity Fund$2.5M35Feb 21, 2012
      D••••••••• I• L••no longer reportedPrivate Equity Fund$1.1M38Mar 28, 2013
      D•• C•••••• P••••••• I••• L•no longer reportedPrivate Equity Fund$465,20348Feb 21, 2012
      M••• I••••••••• L••no longer reportedPrivate Equity Fund$317,08331Feb 21, 2012
      V•••• I••••••••• L••no longer reportedPrivate Equity Fund$174,72828Feb 21, 2012
      D••••••••• L••no longer reportedPrivate Equity Fund$161,55832Mar 28, 2013
      D••••••• P•••••• L••no longer reportedPrivate Equity Fund$031Feb 21, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • G••••••• D••••••• H••••• · Secretarycontrol
        since 01/2019 · owns less than 5%
      • L••••••••• C••••• E•••• · Chief Compliance Officercontrol
        since 11/2015 · owns less than 5%
      • P••••••• K••••• W••••• · President & Treasuercontrol
        since 02/2012 · owns less than 5%
      • P•••••• B••••• L••••••• · Vice Presidentcontrol
        since 02/2012 · owns less than 5%
      • T•••••• B••••• C••••••••• · Secretarycontrol
        since 02/2012 · owns less than 5%
      • P••••••• K••••• W••••• · Membercontrol
        since 10/2023 · owns 25% to 50% of D•• H••••••••• L••
      • P•••••• B••••• L••••••• · Membercontrol
        since 10/2023 · owns 25% to 50% of D•• H••••••••• L••
      Entity owners
      • D•• H••••••••• L•• · Managing Member
        direct · owns less than 5%
      • D•• H•••••••• L• · Member
        direct · owns 75% or more
      • D•• H••••••••• L•• · General Partner
        indirect · owns 75% or more of D•• H•••••••• L•
      Related persons
      Schedule D 7.A
      • D•• I••••••••• G•• L••
        pooled vehicle sponsorn
      • D•• V•••• L••
        pooled vehicle sponsorn
      • D•• V••••• L••
        pooled vehicle sponsorn
      • D•• V•••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • T••••••, NJ5 employees
      • Chevy Chase, MD3 employees
      • Vero Beach, FL3 employees
      • Westport, CT2 employees
      • Park City, UT1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 7
        Sep 3, 2025 to Mar 23, 2026
      • Advisory employees · 17 to 18
        Sep 3, 2025 to Mar 23, 2026
      • Pooled vehicle clients · 6 to 7
        Sep 3, 2025 to Mar 23, 2026
      • Assets in custody · $1.7B to $2.1B
        Sep 3, 2025 to Mar 23, 2026
      • Employees · 20 to 25
        Sep 3, 2025 to Mar 23, 2026
      • Private funds · 6 to 7
        Sep 3, 2025 to Mar 23, 2026
      • Discretionary RAUM · $2.2B to $2.9B
        Sep 3, 2025 to Mar 23, 2026
      • Pooled vehicle RAUM · $2.2B to $2.9B
        Sep 3, 2025 to Mar 23, 2026
      • RAUM · $2.2B to $2.9B
        Sep 3, 2025 to Mar 23, 2026
      • Accounts · 5 to 6
        Mar 25, 2024 to Mar 31, 2025
      • Advisory employees · 16 to 17
        Mar 25, 2024 to Mar 31, 2025
      • Business name · D•• C•••••• M••••••••• L•• to D•• C•••••• P•••••••
        Mar 25, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 5 to 6
        Mar 25, 2024 to Mar 31, 2025
      • Assets in custody · $1.3B to $1.7B
        Mar 25, 2024 to Mar 31, 2025
      • Employees · 19 to 20
        Mar 25, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 25, 2024 to Mar 31, 2025
      • Private funds · 5 to 6
        Mar 25, 2024 to Mar 31, 2025
      • Discretionary RAUM · $2.1B to $2.2B
        Mar 25, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $2.1B to $2.2B
        Mar 25, 2024 to Mar 31, 2025
      • RAUM · $2.1B to $2.2B
        Mar 25, 2024 to Mar 31, 2025
      • Accounts · 6 to 5
        Jan 23, 2024 to Mar 25, 2024
      • Advisory employees · 15 to 16
        Jan 23, 2024 to Mar 25, 2024
      • Business name · D•• M••••••••• C••••••••• to D•• C•••••• M••••••••• L••
        Jan 23, 2024 to Mar 25, 2024
      • Pooled vehicle clients · 6 to 5
        Jan 23, 2024 to Mar 25, 2024
      • Assets in custody · $911M to $1.3B
        Jan 23, 2024 to Mar 25, 2024
      • Employees · 18 to 19
        Jan 23, 2024 to Mar 25, 2024
      • Legal name · D•• M••••••••• C••••••••• to D•• C•••••• M••••••••• L••
        Jan 23, 2024 to Mar 25, 2024
      • Private funds · 6 to 5
        Jan 23, 2024 to Mar 25, 2024
      • Discretionary RAUM · $1.9B to $2.1B
        Jan 23, 2024 to Mar 25, 2024
      • Pooled vehicle RAUM · $1.9B to $2.1B
        Jan 23, 2024 to Mar 25, 2024
      • RAUM · $1.9B to $2.1B
        Jan 23, 2024 to Mar 25, 2024
      • Succession · true to false
        Jan 23, 2024 to Mar 25, 2024
      • Advisory employees · 14 to 15
        Mar 31, 2023 to Jan 23, 2024
      • Employees · 17 to 18
        Mar 31, 2023 to Jan 23, 2024
      • HQ city · T•••••• to NEW YORK
        Mar 31, 2023 to Jan 23, 2024
      • HQ state · NJ to NY
        Mar 31, 2023 to Jan 23, 2024
      • Other offices · 3 to 5
        Mar 31, 2023 to Jan 23, 2024
      • Organization form · Corporation to Limited Liability Company
        Mar 31, 2023 to Jan 23, 2024
      • Succession · false to true
        Mar 31, 2023 to Jan 23, 2024
      • Accounts · 3 to 6
        Mar 29, 2022 to Mar 31, 2023
      Signals
      6 dated events
      • D•• C•••••• P••••••• reported RAUM $2.9B, up 31% from $2.2B (2025-09-03 to 2026-03-23)
        Mar 23, 2026 · RAUM change · derived
      • D•• M••••••••• C••••••••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 23, 2024 · Succession (Item 4) · fact
      • D•• C•••••• P••••••• reported RAUM $1.9B, up 71% from $1.1B (2022-03-29 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • D•• C•••••• P••••••• reported RAUM $1.2B, up 92% from $604.3M (2019-03-25 to 2020-03-18)
        Mar 18, 2020 · RAUM change · derived
      • Franklin Donald Demuth (Chairman & Director) no longer on Schedule A of D•• C•••••• P••••••• (listed 2018-03-27, absent 2019-01-29)
        Jan 29, 2019 · Control person left · inference
      • Hamlin Douglas Gilbert (Secretary) appeared on Schedule A of D•• C•••••• P•••••••
        Jan 29, 2019 · Control person joined · fact
      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/DFW-CAPITAL-PARTNERSreportedpublic record, Form ADV, Sep 19, 2026
      Website
      w••.d•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      201-836-6000reportedpublic record, Form ADV, Mar 23, 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