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

M• N••• C••••••

Asset manager (funds and pooled vehicles)Villanova, PennsylvaniaCRD 159904SEC 801-73644websiteIAPD
Legal name M•••••••• P••••••• M••••••••• C••• L•••
Latest filing Mar 31, 2026
First filing on the tape Feb 14, 2012 · 26 filings
SEC status approved since Mar 30, 2012
RAUM
$591M
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
13
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
13
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$591M as of Mar 31, 2026
Apr 1, 2013$570M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20130 then
Employees (5.A)13 as of Mar 31, 2026
Apr 1, 201317 then
Private funds13 as of Mar 31, 2026
Apr 1, 20136 then
RAUM +30% over the last fiscal year+7.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$45.4MderivedRAUM 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
+30%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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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$591M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
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
      17 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      M•••••••• F• D•••• L•Private Equity Fund$101M6Mar 31, 2023
      M•••••••• F• I••••• L•Private Equity Fund$65.3M6Mar 31, 2021
      M•••••••• P••••••• F• L•Private Equity Fund$58.0M100Mar 30, 2020
      D•••• A•••••••• I•••••••• L•Private Equity Fund$50.7M6Mar 31, 2023
      M•••••••• P••••••• I•• L•••Private Equity Fund$41.1M93Feb 14, 2012
      M•••••••• P••••••• I••• L•••Private Equity Fund$23.8M68Feb 14, 2012
      M•••••••• P••••••• F• 2• L•Private Equity Fund$22.3M9Mar 30, 2020
      M•••••••• P••••••• I•• L••• 2•Private Equity Fund$15.7M2Feb 14, 2012
      P•••••• H•••••••• L•••••Private Equity Fund$14.8M15Mar 28, 2024
      M•••••••• P••••••• I••• L••• 2•Private Equity Fund$8.9M2Feb 14, 2012
      M•••••••• P••••••• I•• L••• 3•Private Equity Fund$354,26421Mar 31, 2014
      M•••••••• P••••••• F• 3• B•••• L•Private Equity Fund$337,7337Mar 30, 2020
      M•••••••• P••••••• F• 3• L•Private Equity Fund$114,1619Mar 30, 2020
      M•••••••• P••••••• F• 3• L•Private Equity Fund$49,33312Mar 30, 2020
      M•••••••• P••••••• F• A•• 3• L•Private Equity Fund$04Mar 30, 2020
      M•••••••• P••••••• I•• L•••no longer reportedPrivate Equity Fund$072Feb 14, 2012
      M•••••••• P••••••• I•• L••• 2•no longer reportedPrivate Equity Fund$02Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• J••••• C•••••• · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • C•••••• E••••• J••••• · Chief Financial Officercontrol
        since 09/2024 · owns less than 5%
      • S••••••••• J•••• P• · Managing Partnercontrol
        since 01/2002 · owns 25% to 50%
      • W•••••• W••••••• S•••• · Managing Partnercontrol
        since 01/1995 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • F• I••••• G• L•
        pooled vehicle sponsorn
      • G••••••• G• L•
        pooled vehicle sponsorn
      • H••••••• I••••••••• G•••••• P•••••• L•••
        pooled vehicle sponsorn
      • M•••••••• F• D•••• G• L•
        pooled vehicle sponsorn
      • M•••••••• P••••••• F• G• L•
        pooled vehicle sponsorn
      • M•••••••• P••••••• F• P•••••• G• L•
        pooled vehicle sponsorn
      • M•••••••• P••••••• I•• G•• L•••
        pooled vehicle sponsorn
      • M•••••••• P••••••• I• G•• L•••
        pooled vehicle sponsorn
      • P••••••••• P••••••• I• G•• L•
        pooled vehicle sponsorn
      • P••••••••• P••••••• M••••••••• C••• L•••••
        investment advisernRAUM $485M
      Advisers that list M• N••• C•••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 7 to 8
        Feb 2, 2026 to Mar 31, 2026
      • Employees · 12 to 13
        Feb 2, 2026 to Mar 31, 2026
      • Discretionary RAUM · $456M to $591M
        Feb 2, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $456M to $591M
        Feb 2, 2026 to Mar 31, 2026
      • RAUM · $456M to $591M
        Feb 2, 2026 to Mar 31, 2026
      • Business name · M•••••••• P••••••• to M• N••• C••••••
        Sep 9, 2025 to Feb 2, 2026
      • Accounts · 16 to 13
        Sep 27, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 16 to 13
        Sep 27, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Sep 27, 2024 to Mar 31, 2025
      • Private funds · 15 to 13
        Sep 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $403M to $456M
        Sep 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $403M to $456M
        Sep 27, 2024 to Mar 31, 2025
      • RAUM · $403M to $456M
        Sep 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $406M to $403M
        Mar 28, 2024 to Apr 29, 2024
      • Pooled vehicle RAUM · $406M to $403M
        Mar 28, 2024 to Apr 29, 2024
      • RAUM · $406M to $403M
        Mar 28, 2024 to Apr 29, 2024
      • Accounts · 14 to 16
        Jun 26, 2023 to Mar 28, 2024
      • Advisory employees · 10 to 7
        Jun 26, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 14 to 16
        Jun 26, 2023 to Mar 28, 2024
      • Employees · 14 to 12
        Jun 26, 2023 to Mar 28, 2024
      • Private funds · 14 to 15
        Jun 26, 2023 to Mar 28, 2024
      • Discretionary RAUM · $478M to $406M
        Jun 26, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $478M to $406M
        Jun 26, 2023 to Mar 28, 2024
      • RAUM · $478M to $406M
        Jun 26, 2023 to Mar 28, 2024
      • Accounts · 12 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 11 to 10
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 12 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 13 to 14
        Mar 31, 2022 to Mar 31, 2023
      • HQ city · RADNOR to VILLANOVA
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 12 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $455M to $478M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $455M to $478M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $455M to $478M
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $579M to $455M
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $579M to $455M
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $579M to $455M
        Mar 31, 2021 to Mar 31, 2022
      • Accounts · 11 to 12
        Sep 4, 2020 to Mar 31, 2021
      • Advisory employees · 15 to 11
        Sep 4, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 11 to 12
        Sep 4, 2020 to Mar 31, 2021
      • Assets in custody · 0.0 to unset
        Sep 4, 2020 to Mar 31, 2021
      Signals
      9 dated events
      • M• N••• C•••••• reported RAUM $590.7M, up 30% from $455.9M (2026-02-02 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Anthony Michael Todd (Chief Financial Officer) no longer on Schedule A of M• N••• C•••••• (listed 2024-04-29, absent 2024-09-27)
        Sep 27, 2024 · Control person left · inference
      • J••••• E•••• C••••• (Chief Financial Officer) appeared on Schedule A of M• N••• C••••••
        Sep 27, 2024 · Control person joined · fact
      • Cameron James Billmyer (Chief Compliance Officer) appeared on Schedule A of M• N••• C••••••
        Mar 28, 2024 · Control person joined · fact
      • Anthony Michael Todd (Cfo & Cco) appeared on Schedule A of M• N••• C••••••
        Mar 31, 2022 · Control person joined · fact
      • Jay John Nowaczyk (Cfo & Cco, Partner) no longer on Schedule A of M• N••• C•••••• (listed 2021-03-31, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Jay John Nowaczyk (Cfo & Cco, Partner) appeared on Schedule A of M• N••• C••••••
        Sep 4, 2020 · Control person joined · fact
      • Peter John Lloyd (Cfo & Cco) no longer on Schedule A of M• N••• C•••••• (listed 2020-03-30, absent 2020-09-04)
        Sep 4, 2020 · Control person left · inference
      • Christian Eric Andersen (Partner) no longer on Schedule A of M• N••• C•••••• (listed 2018-03-29, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      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/mp-next-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      mpnextcapital.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      610-526-2700reportedpublic record, Form ADV, Mar 31, 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