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•••••• P••••••• L•

Asset manager (funds and pooled vehicles)New York, New YorkCRD 157360SEC 801-73573websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Feb 14, 2012 · 35 filings
SEC status approved since Mar 21, 2012
RAUM
$16B
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
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
10
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$16B as of Mar 27, 2026
Mar 28, 2013$4.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 28, 20130 then
Employees (5.A)39 as of Mar 27, 2026
Mar 28, 201319 then
Private funds10 as of Mar 27, 2026
Mar 28, 20133 then
RAUM +64% over the last fiscal year+11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$1.6BderivedRAUM 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
+64%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
Custody
$12B, 10 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$16B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
10reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$12B for 10 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=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
      21 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•••••• M••••• F••• L•no longer reportedHedge Fund$8.3B347Feb 14, 2012
      S•••••• O••••••••• M••••• F••• L•Hedge Fund$8.0B373Nov 20, 2014
      S•••••• C••••• F••• L••no longer reportedHedge Fund$4.0B166Feb 14, 2012
      S•••••• L••• O••• E••••• M••••• F••• L•Hedge Fund$3.6B133Aug 23, 2024
      S•••••• O••••••••• C••••• F••• L••Hedge Fund$2.4B114Nov 20, 2014
      S•••••• F••• L••no longer reportedHedge Fund$2.4B181Feb 14, 2012
      S•••••• L••• O••• E••••• C••••• F••• L••Hedge Fund$2.3B81Aug 23, 2024
      S•••••• D••••••••• B••••••••• M••••• F••• L•Hedge Fund$2.2B172Mar 31, 2022
      S•••••• O••••••••• F••• I•• L••Hedge Fund$1.7B82May 1, 2021
      S•••••• O••••••••• C••••• F••• I• L••Hedge Fund$1.4B39Mar 30, 2020
      S•••••• O••••••••• F••• L••Hedge Fund$1.4B104Nov 20, 2014
      S•••••• L••• O••• E••••• F••• L••Hedge Fund$1.3B55Aug 23, 2024
      S•••••• D••••••••• B••••••••• C••••• F••• I• L••Hedge Fund$878M20Mar 31, 2022
      S•••••• O••••••••• C••••• F••• I•• L•Hedge Fund$876M15May 1, 2021
      S•••••• D••••••••• B••••••••• F••• L••Hedge Fund$573M84Mar 31, 2022
      S•••••• D••••••••• B••••••••• C••••• F••• L••Hedge Fund$491M39Mar 31, 2022
      S•••••• D••••••••• B••••••••• F••• I• L••Hedge Fund$242M29Mar 31, 2022
      S•••••• O••••••••• F••• I• L••Hedge Fund$169M19Mar 30, 2020
      S•••••• S•••••• I••••••••• M••••• F••• L•no longer reportedHedge Fund$90.4M23Nov 21, 2016
      S•••••• S•••••• I••••••••• C••••• F••• L•no longer reportedHedge Fund$51.6M3Nov 21, 2016
      S•••••• S•••••• I••••••••• F••• L•• • S••••• A•no longer reportedHedge Fund$38.7M20Nov 21, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • F•••••••• S••••• J•••• · Limited Partner, Head Of Trading & Risk Managementcontrol
        since 08/2010 · owns 5% to 10%
      • H•••••••• J•••• A•• · Chief Compliance Officercontrol
        since 01/2020 · owns less than 5%
      • J••••••• S•••••• T••••• · Head Of Investor Relationscontrol
        since 08/2010 · owns less than 5%
      • N••••••• S•••••• M•••••• · General Counselcontrol
        since 11/2011 · owns less than 5%
      • T••••• V••• · Coo & Cfocontrol
        since 05/2010 · owns less than 5%
      • M••••••••• E•••• W•••••••• · Managing Directorcontrol
        since 10/2005 · owns 75% or more of E••• L••
      Entity owners
      • E••• L•• · Limited Partner
        direct · owns 75% or more
      • S•••••• C•••••• P••••••• G• L•• · General Partner
        direct · owns less than 5%
      • E••• L•• · Member
        indirect · owns 75% or more of S•••••• C•••••• P••••••• G• L••
      Related persons
      Schedule D 7.A
      • S•••••• C•••••• G• L••
        bankpooled vehicle sponsorn
      • S•••••• C•••••• L• G• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Aspen, CO4 employees
      ADV anomalies
      0 against comparable advisers; where to look, not conclusions
      Nothing stands out against peers.
        Data quality: the 2026-06-30 holdings report shows $47,802,407,971 across 25 positions while Form ADV reports RAUM of $15,674,328,237 (3.0x); one of the two is misfiled, misattributed or in the wrong unit
        What changed
        consecutive filings, newest first
        • Advisory employees · 13 to 12
          Mar 31, 2025 to Mar 27, 2026
        • Assets in custody · $9.1B to $12B
          Mar 31, 2025 to Mar 27, 2026
        • Employees · 40 to 39
          Mar 31, 2025 to Mar 27, 2026
        • Discretionary RAUM · $9.6B to $16B
          Mar 31, 2025 to Mar 27, 2026
        • Pooled vehicle RAUM · $9.6B to $16B
          Mar 31, 2025 to Mar 27, 2026
        • RAUM · $9.6B to $16B
          Mar 31, 2025 to Mar 27, 2026
        • Accounts · 12 to 10
          Aug 23, 2024 to Mar 31, 2025
        • Pooled vehicle clients · 12 to 10
          Aug 23, 2024 to Mar 31, 2025
        • Assets in custody · $10B to $9.1B
          Aug 23, 2024 to Mar 31, 2025
        • Employees · 41 to 40
          Aug 23, 2024 to Mar 31, 2025
        • Financial planning clients · unset to
          Aug 23, 2024 to Mar 31, 2025
        • Private funds · 15 to 10
          Aug 23, 2024 to Mar 31, 2025
        • Discretionary RAUM · $11B to $9.6B
          Aug 23, 2024 to Mar 31, 2025
        • Pooled vehicle RAUM · $11B to $9.6B
          Aug 23, 2024 to Mar 31, 2025
        • RAUM · $11B to $9.6B
          Aug 23, 2024 to Mar 31, 2025
        • Private funds · 12 to 15
          Mar 28, 2024 to Aug 23, 2024
        • Assets in custody · $10B to $10B
          Mar 31, 2023 to Mar 28, 2024
        • Employees · 38 to 41
          Mar 31, 2023 to Mar 28, 2024
        • Discretionary RAUM · $11B to $11B
          Mar 31, 2023 to Mar 28, 2024
        • Pooled vehicle RAUM · $11B to $11B
          Mar 31, 2023 to Mar 28, 2024
        • RAUM · $11B to $11B
          Mar 31, 2023 to Mar 28, 2024
        • Accounts · 7 to 12
          Sep 15, 2022 to Mar 31, 2023
        • Pooled vehicle clients · 7 to 12
          Sep 15, 2022 to Mar 31, 2023
        • Assets in custody · $10B to $10B
          Sep 15, 2022 to Mar 31, 2023
        • Employees · 37 to 38
          Sep 15, 2022 to Mar 31, 2023
        • Discretionary RAUM · $14B to $11B
          Sep 15, 2022 to Mar 31, 2023
        • Pooled vehicle RAUM · $14B to $11B
          Sep 15, 2022 to Mar 31, 2023
        • RAUM · $14B to $11B
          Sep 15, 2022 to Mar 31, 2023
        • Accounts · 6 to 7
          Nov 3, 2021 to Mar 31, 2022
        • Advisory employees · 10 to 13
          Nov 3, 2021 to Mar 31, 2022
        • Pooled vehicle clients · 6 to 7
          Nov 3, 2021 to Mar 31, 2022
        • Assets in custody · $9.6B to $10B
          Nov 3, 2021 to Mar 31, 2022
        • Employees · 29 to 37
          Nov 3, 2021 to Mar 31, 2022
        • Other offices · 0 to 1
          Nov 3, 2021 to Mar 31, 2022
        • Private funds · 10 to 12
          Nov 3, 2021 to Mar 31, 2022
        • Discretionary RAUM · $12B to $14B
          Nov 3, 2021 to Mar 31, 2022
        • Pooled vehicle RAUM · $12B to $14B
          Nov 3, 2021 to Mar 31, 2022
        • RAUM · $12B to $14B
          Nov 3, 2021 to Mar 31, 2022
        • Private funds · 8 to 10
          Mar 31, 2021 to May 1, 2021
        • Advisory employees · 12 to 10
          Sep 11, 2020 to Mar 31, 2021
        Signals
        6 dated events
        • S•••••• C•••••• P••••••• L• reported RAUM $15.7B, up 64% from $9.6B (2025-03-31 to 2026-03-27)
          Mar 27, 2026 · RAUM change · derived
        • S•••••• C•••••• P••••••• L• reported RAUM $10.4B, up 78% from $5.8B (2020-01-29 to 2020-03-30)
          Mar 30, 2020 · RAUM change · derived
        • Ake Jani Holmborg (Chief Compliance Officer) appeared on Schedule A of S•••••• C•••••• P••••••• L•
          Jan 29, 2020 · Control person joined · fact
        • S•••••• C•••••• P••••••• L• reported RAUM $5.8B, down 61% from $15.0B (2019-01-31 to 2019-03-28)
          Mar 28, 2019 · RAUM change · derived
        • S•••••• C•••••• P••••••• L• reported RAUM $15.0B, up 29% from $11.6B (2017-12-20 to 2018-03-29)
          Mar 29, 2018 · RAUM change · derived
        • S•••••• C•••••• P••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
          Jan 29, 2015 · Succession (Item 4) · fact
        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
        s•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
        Principal office phone
        212-314-1300reportedpublic record, Form ADV, Mar 27, 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