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

P•••••••• C•••••• P•••••••

Asset manager (funds and pooled vehicles)San Francisco, CaliforniaCRD 157398SEC 801-74177websiteIAPD
Legal name P•• M•••••••• L•••
Latest filing Mar 30, 2026
First filing on the tape Feb 14, 2012 · 37 filings
SEC status approved since Mar 28, 2012
RAUM
$13B
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
40
36 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
14
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$13B as of Mar 30, 2026
Mar 26, 2013$2.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 26, 20130 then
Employees (5.A)40 as of Mar 30, 2026
Mar 26, 201327 then
Private funds14 as of Mar 30, 2026
Mar 26, 20137 then
RAUM -3.3% over the last fiscal year+23% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$954MderivedRAUM 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
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
-3.3%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$31.3M, 2 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)
  • 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$13B100%
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
$31.3M for 2 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
      18 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      0•• P•••••••• I•••••••• V• L•••Private Equity Fund$2.8B53Mar 31, 2017
      1•• P•••••••• I•••••••• V••• L•••Private Equity Fund$2.6B105Mar 28, 2024
      1•• P•••••••• I•••••••• V•• P•••••••• L••Private Equity Fund$2.1B117Mar 28, 2024
      0•• P•••••••• I•••••••• I•• L•••Private Equity Fund$1.7B34Feb 14, 2012
      0•• P•••••••• I•••••••• V•• L•••Private Equity Fund$1.6B75Mar 30, 2020
      0•• P•••••••• I•••••••• V• P•••••••• L•••Private Equity Fund$1.2B55Mar 30, 2020
      0•• P•••••••• I•••••••• I••• L•••Private Equity Fund$351M50Feb 14, 2012
      1•• D••• C••••••••• A••••••••• L•••Private Equity Fund$301M18Mar 30, 2022
      0•• P•••••••• C•••••• E••••••••• F•••• L•••Private Equity Fund$95.5M33Mar 30, 2020
      1•• P•••••••• C•••••• E••••••••• F••• I•• L•••Private Equity Fund$68.1M30Mar 28, 2024
      0•• P•••••••• C•••••• P••••••• F••• I••• L•••Private Equity Fund$39.6M87Mar 29, 2018
      1•• P•••••••• C•••••• P••••••• F••• I•• L•••Private Equity Fund$31.8M48Mar 30, 2015
      1•• P•••••••• C•••••• P••••••• F••• I•• L•••Private Equity Fund$23.8M93Mar 30, 2023
      0•• P•••••••• I•••••••• I•• L•••Private Equity Fund$11.3M78Feb 14, 2012
      0•• P•••••••• C•••••• P••••••• F•••• L•••Private Equity Fund$7.4M39Feb 14, 2012
      1•• J•• F••••••• F••• I•• L•••no longer reportedPrivate Equity Fund$078Feb 14, 2012
      1•• P••• A•••••••••no longer reportedPrivate Equity Fund$027Feb 14, 2012
      1•• P••• I••••••••• L•••no longer reportedPrivate Equity Fund$059Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • A••••• D••••• J•••• · Managing Partner And Limited Partnercontrol
        since 12/2015 · owns 25% to 50%
      • D•••••• A•••••• C••••••• · Managing Partner And Limited Partnercontrol
        since 04/2016 · owns 10% to 25%
      • G•••••• B••••• P••••• · Managing Partner And Limited Partnercontrol
        since 12/2015 · owns 25% to 50%
      • K••••••••• W••••••• C••••••• · Chief Investment Officer And Limited Partnercontrol
        since 12/2015 · owns 10% to 25%
      • M••••••• P•••• G•••••• B••••••••• · General Counsel, Chief Compliance Officercontrol
        since 09/2017 · owns less than 5%
      • T••••••• J•••••• C••••••• · Chief Financial Officercontrol
        since 04/2020 · owns less than 5%
      • A••••• D••••• J•••• · Member, P•• M••••••• G•• L••control
        since 12/2015 · owns 25% to 50% of P•• M••••••• G•• L••
      • G•••••• B••••• P••••• · Member, P•• M••••••• G•• L••control
        since 12/2015 · owns 25% to 50% of P•• M••••••• G•• L••
      Entity owners
      • P•• M••••••• G•• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • P•••••••• K• I• G•• L•••
        investment adviserbankpooled vehicle sponsory
      • P••• P••••••• I•• L••
        investment adviserbankpooled vehicle sponsory
      • P••• P••••••• I••• L••
        investment adviserbankpooled vehicle sponsory
      • P•• P••••••• I•• L•••
        investment adviserbankpooled vehicle sponsory
      • P•• P••••••• V• L•••
        investment adviserbankpooled vehicle sponsory
      • P•• P••••••• V•• L•••
        investment adviserbankpooled vehicle sponsory
      • P•• P••••••• V••• L•••
        investment adviserbankpooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • Boston, MA23 employees
      • Austin, TX8 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 38 to 36
        Oct 28, 2025 to Mar 30, 2026
      • Assets in custody · $32.9M to $31.3M
        Oct 28, 2025 to Mar 30, 2026
      • Employees · 41 to 40
        Oct 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $14B to $13B
        Oct 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $14B to $13B
        Oct 28, 2025 to Mar 30, 2026
      • RAUM · $14B to $13B
        Oct 28, 2025 to Mar 30, 2026
      • Accounts · 15 to 14
        Mar 28, 2024 to Mar 28, 2025
      • Advisory employees · 39 to 38
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 15 to 14
        Mar 28, 2024 to Mar 28, 2025
      • Assets in custody · $39.2M to $32.9M
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 42 to 41
        Mar 28, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 28, 2025
      • Private funds · 15 to 14
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $13B to $14B
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $13B to $14B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $13B to $14B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 12 to 15
        Jun 21, 2023 to Mar 28, 2024
      • Advisory employees · 31 to 39
        Jun 21, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 12 to 15
        Jun 21, 2023 to Mar 28, 2024
      • Assets in custody · $31.6M to $39.2M
        Jun 21, 2023 to Mar 28, 2024
      • Employees · 36 to 42
        Jun 21, 2023 to Mar 28, 2024
      • Private funds · 12 to 15
        Jun 21, 2023 to Mar 28, 2024
      • Discretionary RAUM · $7.1B to $13B
        Jun 21, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $7.1B to $13B
        Jun 21, 2023 to Mar 28, 2024
      • RAUM · $7.1B to $13B
        Jun 21, 2023 to Mar 28, 2024
      • Accounts · 14 to 12
        Jun 22, 2022 to Mar 30, 2023
      • Advisory employees · 32 to 31
        Jun 22, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 14 to 12
        Jun 22, 2022 to Mar 30, 2023
      • Assets in custody · $0 to $31.6M
        Jun 22, 2022 to Mar 30, 2023
      • Employees · 35 to 36
        Jun 22, 2022 to Mar 30, 2023
      • Private funds · 14 to 12
        Jun 22, 2022 to Mar 30, 2023
      • Discretionary RAUM · $6.9B to $7.1B
        Jun 22, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $6.9B to $7.1B
        Jun 22, 2022 to Mar 30, 2023
      • RAUM · $6.9B to $7.1B
        Jun 22, 2022 to Mar 30, 2023
      • Accounts · 13 to 14
        May 3, 2021 to Mar 30, 2022
      • Advisory employees · 31 to 32
        May 3, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 13 to 14
        May 3, 2021 to Mar 30, 2022
      • Assets in custody · $58.6M to $0
        May 3, 2021 to Mar 30, 2022
      • Employees · 36 to 35
        May 3, 2021 to Mar 30, 2022
      • Private funds · 13 to 14
        May 3, 2021 to Mar 30, 2022
      Signals
      5 dated events
      • P•••••••• C•••••• P••••••• reported RAUM $12.9B, up 82% from $7.1B (2023-06-21 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Jill Aiello (Chief Financial Officer) no longer on Schedule A of P•••••••• C•••••• P••••••• (listed 2020-04-27, absent 2020-08-04)
        Aug 4, 2020 · Control person left · inference
      • C••••••• J••••• T•••••• (Chief Financial Officer) appeared on Schedule A of P•••••••• C•••••• P•••••••
        Aug 4, 2020 · Control person joined · fact
      • P•••••••• C•••••• P••••••• reported RAUM $5.0B, up 43% from $3.5B (2019-12-17 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • P•••••••• C•••••• P••••••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 27, 2016 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      P••••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      415-913-3900reportedpublic record, Form ADV, Mar 30, 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