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
Incline Equity Partners
Legal name Incline Management, L.P.
Latest filing Apr 27, 2026
First filing on the tape Nov 30, 2011 · 32 filings
SEC status approved since Aug 25, 2011
RAUM
$6.0B
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
93
68 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
32
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$6.0B as of Apr 27, 2026
Mar 28, 2012$466M then
HNW client RAUM$0 as of Apr 27, 2026
Mar 27, 2018$0 then
State-registered IARs (5.B.3)0 as of Apr 27, 2026
Mar 28, 20120 then
Employees (5.A)93 as of Apr 27, 2026
Apr 1, 201312 then
Private funds32 as of Apr 27, 2026
Mar 28, 20123 then
RAUM +3.7% over the last fiscal year+4.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 27, 2026; every figure names its basis
Archetypes, each a printed rule
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- 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
- $186MderivedRAUM 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
- +3.7%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
- $6.0B, 32 clientsreportedItem 9.A
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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 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$6.0B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 32reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $6.0B for 32 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
30 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Incline Equity Partners Vi, L.P. | Private Equity Fund | $1.2B | 77 | Mar 29, 2023 |
| Incline Equity Partners V, L.P. | Private Equity Fund | $807M | 75 | Mar 27, 2020 |
| Incline Equity Partners Vi-A, L.P. | Private Equity Fund | $717M | 52 | Mar 29, 2023 |
| Incline Elevate Fund II, L.P. | Private Equity Fund | $483M | 57 | Mar 30, 2022 |
| Incline Equity Partners V-A, L.P. | Private Equity Fund | $453M | 46 | Mar 27, 2020 |
| Incline Elevate Fund, L.P. | Private Equity Fund | $350M | 20 | Mar 27, 2020 |
| Incline Ascent Fund, L.P. | Private Equity Fund | $281M | 51 | Mar 30, 2022 |
| Incline Equity Partners IV Aiv, LP | Private Equity Fund | $238M | 58 | Mar 28, 2019 |
| V-Co-Invest I, L.P. | Private Equity Fund | $221M | 25 | Mar 29, 2023 |
| Spi Blocker Holdings, LLC | Private Equity Fund | $211M | 4 | Mar 30, 2022 |
| Incline Equity Partners IV, L.P. | Private Equity Fund | $192M | 69 | Mar 30, 2017 |
| Incline Elevate Fund II-A, L.P. | Private Equity Fund | $118M | 20 | Mar 30, 2022 |
| V-Co-Invest II, L.P. | Private Equity Fund | $67.2M | 13 | Mar 29, 2024 |
| Incline Ascent Fund A, L.P. | Private Equity Fund | $60.0M | 15 | Mar 30, 2022 |
| Incline Elevate Fund A, L.P. | Private Equity Fund | $54.8M | 5 | Mar 27, 2020 |
| V-A-Co-Invest I, L.P. | Private Equity Fund | $44.7M | 5 | Mar 29, 2023 |
| Incline Equity Partners III, L.P. | Private Equity Fund | $44.0M | 42 | Nov 30, 2011 |
| V-Co-Invest III, L.P. | Private Equity Fund | $25.1M | 8 | Mar 29, 2024 |
| Incline Equity Partners III (Psers), L.P. | Private Equity Fund | $12.5M | 2 | Apr 1, 2013 |
| A-Co-Invest I, L.P. | Private Equity Fund | $7.2M | 4 | Mar 29, 2024 |
| Iep Ascent Executive Fund, L.P. | Private Equity Fund | $6.7M | 43 | Mar 29, 2023 |
| Iep Elevate II Executive Fund, L.P. | Private Equity Fund | $3.2M | 33 | Mar 29, 2023 |
| Iep V Executive Fund, L.P. | Private Equity Fund | $2.7M | 33 | Mar 30, 2022 |
| Iep Vi Executive Fund, L.P. | Private Equity Fund | $2.6M | 19 | Mar 29, 2024 |
| Pp Ultimate Holdings A, LLCno longer reported | Private Equity Fund | $2.6M | 9 | Mar 28, 2019 |
| Pp Ultimate Holdings B, LLCno longer reported | Private Equity Fund | $1.5M | 5 | Mar 28, 2019 |
| Pp - Psers Coinvestment LLCno longer reported | Private Equity Fund | $638,489 | 2 | Mar 28, 2019 |
| Pfb - Psers Coinvestment LLCno longer reported | Private Equity Fund | $0 | 3 | Mar 28, 2019 |
| Pnc Equity Partners, L.P.no longer reported | Private Equity Fund | $0 | 28 | Nov 30, 2011 |
| Pnc Equity Partners II, L.P.no longer reported | Private Equity Fund | $0 | 0 | Nov 30, 2011 |
Owners and control persons
Schedule A and B, latest filing
- Beth Deanna Barry · Partner, Chief Financial Officercontrolsince 04/2012 · owns less than 5%
- Carl John Glover · Managing Partnercontrolsince 04/2011 · owns less than 5%
- Y. Daniel Goldmintz · General Counsel & Chief Compliance Officercontrolsince 05/2024 · owns less than 5%
- Michael Leon Rubinov · Senior Partnercontrolsince 09/2018 · owns less than 5%
- Daniel James Andrew Galloway · Board Membercontrolsince 04/2021 · owns F of Sanne Trustees (Cayman) Limited
- Daniel James Andrew Galloway · Managercontrolsince 04/2021 · owns F of Ph IV Offshore Advisors S.A.R.L.
- Carl John Glover · Limited Partnercontrolsince 04/2021 · owns 50% to 75% of Incline Partners Feeder, L.P.
- Carl John Glover · Managercontrolsince 07/2018 · owns 50% to 75% of Incline Management Ugp, LLC
- Anthony William Jones · Managercontrolsince 04/2021 · owns F of Ph IV Offshore Advisors S.A.R.L.
- Anthony William Jones · Board Membercontrolsince 04/2021 · owns F of Sanne Trustees (Cayman) Limited
- Gunter Rausch · Managercontrolsince 04/2021 · owns F of Ph IV Offshore Advisors S.A.R.L.
- Gunter Rausch · Board Membercontrolsince 04/2021 · owns F of Sanne Trustees (Cayman) Limited
- Michael Leon Rubinov · Managercontrolsince 07/2018 · owns F of Incline Management Ugp, LLC
Entity owners
- Incline Management Ugp, LLC · General Partnerdirect · owns less than 5%
- Incline Partners Feeder, L.P. · Limited Partnerdirect · owns 75% or more
- Access Trust · Shareholderindirect · owns 75% or more of Ph IV Offshore Advisors S.A.R.L.
- Blue Owl Capital Carry LP · Memberindirect · owns 75% or more of Blue Owl Gp Stakes Gp Holdings LLC
- Blue Owl Capital Gp Holdings LLC · Managing Memberindirect · owns 75% or more of Blue Owl Capital Gp LLC
- Blue Owl Capital Gp LLC · General Partnerindirect · owns F of Blue Owl Capital Carry LP
- Blue Owl Capital Inc. · Managing Memberindirect · owns 75% or more of Blue Owl Capital Gp Holdings LLC · public reporting company
- Blue Owl Gp Stakes Advantage Associates LP · General Partnerindirect · owns F of Blue Owl Gp Stakes Advantage Fund (A) LP
- Blue Owl Gp Stakes Advantage Associates LP · General Partnerindirect · owns F of Blue Owl Gp Stakes Advantage Offshore Investors LP
- Blue Owl Gp Stakes Advantage Associates LP · Managerindirect · owns F of Blue Owl Gp Stakes Advantage U.S. LLC
- Blue Owl Gp Stakes Advantage Offshore Investors LP · Memberindirect · owns 75% or more of Blue Owl Gp Stakes Advantage U.S. LLC
- Blue Owl Gp Stakes Advantage U.S. LLC · Limited Partnerindirect · owns 75% or more of Blue Owl Gp Stakes Advantage Fund (A) LP
- Blue Owl Gp Stakes Gp Holdings LLC · General Partnerindirect · owns F of Blue Owl Gp Stakes Advantage Associates LP
- Incline Management Ugp, LLC · General Partnerindirect · owns F of Incline Partners Feeder, L.P.
- Nbsh Acquisition LLC · Managing Memberindirect · owns F of Nbsh Blue Investments, LLC
- Nbsh Blue Investments, LLC · Limited Partnerindirect · owns 25% to 50% of Blue Owl Capital Carry LP
- Petershill IV Offshore Scsp · Shareholderindirect · owns 75% or more of Indigo Offshore Im Holdings (Ph IV) Corp
- Ph IV Offshore Advisors S.A.R.L. · General Partnerindirect · owns F of Indigo Offshore Im Aggregator (Ph IV) LP
- Sanne Trustees (Cayman) Limited · Trusteeindirect · owns F of Access Trust
- Blue Owl Gp Stakes Advantage Fund (A) LP · Limited Partnerdirect · owns 10% to 25%
Related persons
Schedule D 7.A
- A-Co-Invest Gp I, LLCpooled vehicle sponsory
- Incline Ascent Gp, L.P.pooled vehicle sponsory
- Incline Elevate Gp II, L.P.pooled vehicle sponsory
- Incline Elevate Gp, L.P.pooled vehicle sponsory
- Incline Gp III, LLCpooled vehicle sponsory
- Incline Gp IV, L.P.pooled vehicle sponsory
- Incline Gp V, L.P.pooled vehicle sponsory
- Incline Gp Vi, L.P.pooled vehicle sponsory
- Incline Management Ugp, LLCpooled vehicle sponsory
- Incline V Gme Co-Invest Gp, LLCpooled vehicle sponsory
- Incline V Rkd Co-Invest Gp, LLCpooled vehicle sponsory
- V-Co-Invest Gp III, LLCpooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
- New York, NY36 employees
What changed
consecutive filings, newest first
- Accounts · 29 to 32Oct 12, 2025 to Mar 30, 2026
- Advisory employees · 67 to 68Oct 12, 2025 to Mar 30, 2026
- Pooled vehicle clients · 29 to 32Oct 12, 2025 to Mar 30, 2026
- Assets in custody · $5.7B to $6.0BOct 12, 2025 to Mar 30, 2026
- Employees · 91 to 93Oct 12, 2025 to Mar 30, 2026
- Private funds · 27 to 32Oct 12, 2025 to Mar 30, 2026
- Discretionary RAUM · $5.7B to $6.0BOct 12, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $5.7B to $6.0BOct 12, 2025 to Mar 30, 2026
- RAUM · $5.7B to $6.0BOct 12, 2025 to Mar 30, 2026
- Accounts · 26 to 29Dec 20, 2024 to Apr 8, 2025
- Advisory employees · 60 to 67Dec 20, 2024 to Apr 8, 2025
- Pooled vehicle clients · 26 to 29Dec 20, 2024 to Apr 8, 2025
- Assets in custody · $5.5B to $5.7BDec 20, 2024 to Apr 8, 2025
- Employees · 80 to 91Dec 20, 2024 to Apr 8, 2025
- Financial planning clients · unset to Dec 20, 2024 to Apr 8, 2025
- Private funds · 24 to 27Dec 20, 2024 to Apr 8, 2025
- Discretionary RAUM · $5.5B to $5.7BDec 20, 2024 to Apr 8, 2025
- Pooled vehicle RAUM · $5.5B to $5.7BDec 20, 2024 to Apr 8, 2025
- RAUM · $5.5B to $5.7BDec 20, 2024 to Apr 8, 2025
- Accounts · 21 to 26Dec 17, 2023 to Mar 29, 2024
- Advisory employees · 46 to 60Dec 17, 2023 to Mar 29, 2024
- Pooled vehicle clients · 21 to 26Dec 17, 2023 to Mar 29, 2024
- Assets in custody · $5.3B to $5.5BDec 17, 2023 to Mar 29, 2024
- Employees · 62 to 80Dec 17, 2023 to Mar 29, 2024
- Private funds · 20 to 24Dec 17, 2023 to Mar 29, 2024
- Discretionary RAUM · $5.3B to $5.5BDec 17, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $5.3B to $5.5BDec 17, 2023 to Mar 29, 2024
- RAUM · $5.3B to $5.5BDec 17, 2023 to Mar 29, 2024
- Accounts · 20 to 21Apr 19, 2022 to Mar 29, 2023
- Advisory employees · 36 to 46Apr 19, 2022 to Mar 29, 2023
- Pooled vehicle clients · 20 to 21Apr 19, 2022 to Mar 29, 2023
- Assets in custody · $3.3B to $5.3BApr 19, 2022 to Mar 29, 2023
- Employees · 47 to 62Apr 19, 2022 to Mar 29, 2023
- Private funds · 19 to 20Apr 19, 2022 to Mar 29, 2023
- Discretionary RAUM · $3.3B to $5.3BApr 19, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $3.3B to $5.3BApr 19, 2022 to Mar 29, 2023
- RAUM · $3.3B to $5.3BApr 19, 2022 to Mar 29, 2023
- Accounts · 14 to 20Jan 25, 2022 to Mar 30, 2022
- Advisory employees · 29 to 36Jan 25, 2022 to Mar 30, 2022
- Pooled vehicle clients · 14 to 20Jan 25, 2022 to Mar 30, 2022
Signals
9 dated events
- Y. Daniel Goldmintz (General Counsel & Chief Compliance Officer) appeared on Schedule A of Incline Equity PartnersJun 6, 2024 · Control person joined · fact
- Incline Equity Partners reported RAUM $5.3B, up 58% from $3.3B (2022-04-19 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- Leslie Justin Bertram (Senior Partner, Chief Compliance Officer) no longer on Schedule A of Incline Equity Partners (listed 2021-05-05, absent 2022-01-25)Jan 25, 2022 · Control person left · inference
- Daniel James Andrew Galloway (Manager) appeared on Schedule A of Incline Equity PartnersApr 29, 2021 · Control person joined · fact
- Anthony William Jones (Manager) appeared on Schedule A of Incline Equity PartnersApr 29, 2021 · Control person joined · fact
- Gunter Rausch (Manager) appeared on Schedule A of Incline Equity PartnersApr 29, 2021 · Control person joined · fact
- Incline Equity Partners reported RAUM $3.0B, up 31% from $2.3B (2020-03-27 to 2021-03-28)Mar 28, 2021 · RAUM change · derived
- Incline Equity Partners reported RAUM $2.3B, up 97% from $1.2B (2019-03-28 to 2020-03-27)Mar 27, 2020 · RAUM change · derived
- Incline Equity Partners reported succeeding to the business of Another Adviser (Form ADV Item 4)Oct 4, 2018 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
- Incline Equity Partners · Independent Sponsorsshared crd · capital_provider
- Incline Equity Partners · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/incline-equity-partnersreportedpublic record, Form ADV, Sep 18, 2026
- Website
- INCLINEEQUITY.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 412-315-7800reportedpublic record, Form ADV, Apr 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