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
Acon Equity Management L.L.C.
Asset manager (funds and pooled vehicles)Washington, District of ColumbiaCRD 159517SEC 801-74406websiteIAPD
Legal name Acon Equity Management, L.L.C.
Latest filing Sep 1, 2026
First filing on the tape Feb 23, 2012 · 28 filings
SEC status approved since Mar 30, 2012
RAUM
$4.2B
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
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$4.2B as of Mar 31, 2026
Mar 28, 2013$456M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20130 then
Employees (5.A)25 as of Mar 31, 2026
Mar 28, 20130 then
Private funds23 as of Mar 31, 2026
Mar 28, 20131 then
RAUM -20% over the last fiscal year-6.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Sep 1, 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
- $181MderivedRAUM 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
- 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-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- 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$4.2B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 23reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- 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
28 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Acon Equity Partners IV, L.P. | Private Equity Fund | $1.6B | 140 | Mar 31, 2017 |
| Acon Strategic Partners II, L.P. | Private Equity Fund | $975M | 15 | Mar 31, 2023 |
| Acon Equity Partners 3.5, L.P. | Private Equity Fund | $756M | 37 | Feb 23, 2012 |
| Acon Strategic Partners II-B, L.P. | Private Equity Fund | $552M | 14 | Mar 31, 2023 |
| Acon Beauty Investors I, L.L.C. | Private Equity Fund | $440M | 41 | Mar 30, 2019 |
| Acon Sequitur Investors II, LLC | Private Equity Fund | $432M | 12 | Mar 31, 2017 |
| Acon Sequitur Investors I, LLC | Private Equity Fund | $380M | 17 | Mar 31, 2014 |
| Acon Flooring Investors II, L.L.C. | Private Equity Fund | $289M | 13 | Mar 31, 2023 |
| Acon New Era Investors I, L.L.C. | Private Equity Fund | $285M | 3 | Mar 31, 2022 |
| Acon Flooring Investors I, L.L.C. | Private Equity Fund | $228M | 4 | Mar 31, 2022 |
| Acon Tv Investors I, L.L.C. | Private Equity Fund | $207M | 12 | Mar 30, 2019 |
| Acon Biomatrix Investors I, L.L.C. | Private Equity Fund | $141M | 2 | Mar 31, 2017 |
| Acon Novipax Investors I, L.L.C. | Private Equity Fund | $138M | 5 | Mar 31, 2022 |
| Acon Fleet Investors I, L.L.C. | Private Equity Fund | $112M | 24 | Mar 30, 2019 |
| Acon Iwp Investors I, L.L.C. | Private Equity Fund | $111M | 25 | Mar 31, 2015 |
| Aep IV Lr Co-Investments, L.P. | Private Equity Fund | $106M | 2 | Mar 30, 2019 |
| Acon Igloo Investors I, LLC | Private Equity Fund | $88.2M | 20 | Mar 31, 2015 |
| Aep IV Operf Co-Investments, L.L.C. | Private Equity Fund | $56.8M | 2 | Mar 30, 2019 |
| Acon Funko Investors I, LLC | Private Equity Fund | $11.1M | 5 | Mar 30, 2016 |
| Acon Aep Co-Invest (Suzo), LPno longer reported | Private Equity Fund | $10.5M | 5 | Mar 31, 2014 |
| Acon Funko Investors Holdings 3.5, L.L.C. | Private Equity Fund | $6.8M | 2 | Mar 28, 2018 |
| Acon Funko Investors Holdings 1, L.L.C. | Private Equity Fund | $5.8M | 3 | Mar 28, 2018 |
| Acon Aep Co-Invest II (Suzo), LP | Private Equity Fund | $5.0M | 2 | Mar 31, 2014 |
| Acon Funko Investors Holdings 2.5, L.L.C. | Private Equity Fund | $2.6M | 5 | Mar 28, 2018 |
| Acon Fiesta Investors Holdings, L.L.C. | Private Equity Fund | $760,318 | 26 | Mar 30, 2016 |
| Acon Fiesta Aggregator B, L.P. | Private Equity Fund | $517,224 | 4 | Mar 30, 2019 |
| Acon Fiesta Aggregator A, L.L.C. | Private Equity Fund | $505,318 | 7 | Mar 30, 2019 |
| Acon Power Investors I, L.P.no longer reported | Private Equity Fund | $0 | 8 | Mar 31, 2017 |
Owners and control persons
Schedule A and B, latest filing
- Bernard Aronson · Managing Membercontrolsince 01/2012 · owns 10% to 25%
- Young Teresa Bernstein · Coo, Gc, Ccocontrolsince 07/2013 · owns less than 5%
- Ross Kenneth Brotman · Managing Membercontrolsince 01/2012 · owns 10% to 25%
- Jonathan Ginns · Managing Membercontrolsince 01/2012 · owns 10% to 25%
- Daniel Jinich · Managing Membercontrolsince 01/2012 · owns 10% to 25%
- Ira Aron Schwartz · Managing Partnercontrolsince 07/2014 · owns less than 5%
- Masumi Waida · Cfocontrolsince 08/2019 · owns less than 5%
- Bernard Aronson · Managing Membercontrolsince 10/2008 · owns 25% to 50% of Acon Investments Management LLC
- Ross Kenneth Brotman · Managing Membercontrolsince 10/2008 · owns 25% to 50% of Acon Investments Management LLC
- Jonathan Ginns · Managing Membercontrolsince 10/2008 · owns 25% to 50% of Acon Investments Management LLC
Entity owners
- Acon Investments Management, L.L.C. · Managing Memberdirect · owns 50% to 75%
Related persons
Schedule D 7.A
- Acon Alaof Genpar, Ltd.pooled vehicle sponsorn
- Acon Alaof IV Genpar, Ltd.pooled vehicle sponsorn
- Acon Alsur Gp, S.L.pooled vehicle sponsorn
- Acon Beauty Manager, L.L.C.pooled vehicle sponsorn
- Acon Bios Genpar, L.L.C.pooled vehicle sponsorn
- Acon Brasil Infra Holdings Gp, L.L.C.pooled vehicle sponsorn
- Acon Brazil Natal Holdings Gp, L.L.C.pooled vehicle sponsorn
- Acon Co-Invest (Suzo) Gp, L.L.C.pooled vehicle sponsorn
- Acon Contenur Gp S.A.R.L.pooled vehicle sponsorn
- Acon Edtech Gp, S.L.pooled vehicle sponsorn
- Acon Equity Genpar, L.L.C.pooled vehicle sponsorn
- Acon Equity IV Genpar, L.L.C.pooled vehicle sponsorn
- Acon Europe Gp, L.L.C.pooled vehicle sponsorn
- Acon Fire Gp, S.L.pooled vehicle sponsorn
- Acon Fleet Manager, L.L.C.pooled vehicle sponsorn
- Acon Funko Manager, L.L.C.pooled vehicle sponsorn
- Acon Germaine Gp, L.L.C.pooled vehicle sponsorn
- Acon Germaine, S.A.R.L.pooled vehicle sponsorn
- Acon Igloo Manager, LLCpooled vehicle sponsorn
- Acon Investments Management, LLCinvestment adviserpooled vehicle sponsornRAUM $193M
- Acon Iwp Manager, L.L.C.pooled vehicle sponsorn
- Acon Latam Management, L.L.C.investment adviserpooled vehicle sponsornRAUM $1.2B
- Acon Mexico Retail Holdings Genpar, L.L.C.pooled vehicle sponsorn
- Acon Sequitur Manager, LLCpooled vehicle sponsorn
- Acon Tv Manager, L.L.C.pooled vehicle sponsorn
- Aep IV Lr Co-Investments Genpar, L.L.C.pooled vehicle sponsorn
- Aep IV Operf Co-Investments Manager, L.L.C.pooled vehicle sponsorn
- Alaof Do Brasil Administradora De Valores Mobiliarios E Consultoria Ltda.pooled vehicle sponsorn
- Alaof Genpar, L.L.C.pooled vehicle sponsorn
- Alaof IV Genpar, L.L.C.pooled vehicle sponsorn
Advisers that list Acon Equity Management L.L.C. as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · to unsetMar 31, 2026 to Sep 1, 2026
- Private funds · 23 to unsetMar 31, 2026 to Sep 1, 2026
- Succession · false to unsetMar 31, 2026 to Sep 1, 2026
- Accounts · 25 to 23May 28, 2025 to Mar 31, 2026
- Advisory employees · 15 to 13May 28, 2025 to Mar 31, 2026
- Pooled vehicle clients · 25 to 23May 28, 2025 to Mar 31, 2026
- Employees · 28 to 25May 28, 2025 to Mar 31, 2026
- Private funds · 25 to 23May 28, 2025 to Mar 31, 2026
- Discretionary RAUM · $5.2B to $4.2BMay 28, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $5.2B to $4.2BMay 28, 2025 to Mar 31, 2026
- RAUM · $5.2B to $4.2BMay 28, 2025 to Mar 31, 2026
- Financial planning clients · unset to Mar 31, 2025 to May 28, 2025
- Discretionary RAUM · $5.2B to $5.2BMar 31, 2025 to May 28, 2025
- Pooled vehicle RAUM · $5.2B to $5.2BMar 31, 2025 to May 28, 2025
- RAUM · $5.2B to $5.2BMar 31, 2025 to May 28, 2025
- Accounts · 23 to 25May 9, 2024 to Mar 31, 2025
- Advisory employees · 19 to 15May 9, 2024 to Mar 31, 2025
- Pooled vehicle clients · 23 to 25May 9, 2024 to Mar 31, 2025
- Employees · 30 to 28May 9, 2024 to Mar 31, 2025
- Private funds · 23 to 25May 9, 2024 to Mar 31, 2025
- Discretionary RAUM · $5.3B to $5.2BMay 9, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $5.3B to $5.2BMay 9, 2024 to Mar 31, 2025
- RAUM · $5.3B to $5.2BMay 9, 2024 to Mar 31, 2025
- Discretionary RAUM · $5.3B to $5.3BMar 29, 2024 to May 9, 2024
- Pooled vehicle RAUM · $5.3B to $5.3BMar 29, 2024 to May 9, 2024
- RAUM · $5.3B to $5.3BMar 29, 2024 to May 9, 2024
- Accounts · 26 to 23Jun 30, 2023 to Mar 29, 2024
- Advisory employees · 20 to 19Jun 30, 2023 to Mar 29, 2024
- Pooled vehicle clients · 26 to 23Jun 30, 2023 to Mar 29, 2024
- Private funds · 26 to 23Jun 30, 2023 to Mar 29, 2024
- Discretionary RAUM · $5.1B to $5.3BJun 30, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $5.1B to $5.3BJun 30, 2023 to Mar 29, 2024
- RAUM · $5.1B to $5.3BJun 30, 2023 to Mar 29, 2024
- Discretionary RAUM · $5.1B to $5.1BMar 31, 2023 to May 15, 2023
- Pooled vehicle RAUM · $5.1B to $5.1BMar 31, 2023 to May 15, 2023
- RAUM · $5.1B to $5.1BMar 31, 2023 to May 15, 2023
- Accounts · 23 to 26Mar 31, 2022 to Mar 31, 2023
- Advisory employees · 25 to 20Mar 31, 2022 to Mar 31, 2023
- Pooled vehicle clients · 23 to 26Mar 31, 2022 to Mar 31, 2023
- Employees · 33 to 30Mar 31, 2022 to Mar 31, 2023
Signals
4 dated events
- Andre Bhatia (Managing Member) no longer on Schedule A of Acon Equity Management L.L.C. (listed 2023-06-30, absent 2024-03-29)Mar 29, 2024 · Control person left · inference
- Acon Equity Management L.L.C. reported RAUM $4.0B, up 26% from $3.2B (2021-03-31 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Masumi Waida (Cfo) appeared on Schedule A of Acon Equity Management L.L.C.Mar 30, 2020 · Control person joined · fact
- Akini Kwame Lewis (Cfo) no longer on Schedule A of Acon Equity Management L.L.C. (listed 2019-03-30, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- Acon Equity Management L.L.C. · Independent Sponsorsshared crd · capital_provider
- Acon Equity Management L.L.C. · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/ACON-INVESTMENTSreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ACONINVESTMENTS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 202-454-1100reportedpublic record, Form ADV, Sep 1, 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