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
Rialto Capital Management, LLC
Latest filing Jul 6, 2026
First filing on the tape Feb 14, 2012 · 34 filings
SEC status approved since Mar 30, 2012
RAUM
$22B
reported, Item 5.F
Discretionary
46%
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
82
79 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
22
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$22B as of Jul 6, 2026
Feb 28, 2013$3.7B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 6, 2026
Feb 28, 20130 then
Employees (5.A)82 as of Jul 6, 2026
Feb 28, 2013204 then
Private funds22 as of Jul 6, 2026
Feb 28, 20132 then
RAUM +18% over the last fiscal year+14% a year over threeIARs 0 to 0offices 7 to 4
Practice profile
derived from the filing of Jul 6, 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
- $329MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 46%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%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, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- 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
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- controlled by a public reporting company (10.A)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$22B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 66reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, 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
37 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Rialto Real Estate Fund IV - Debt, LP | Real Estate Fund | $1.9B | 738 | Mar 30, 2020 |
| Rialto Real Estate Fund III - Debt, LP | Real Estate Fund | $1.5B | 785 | Feb 26, 2016 |
| Rialto Real Estate Fund V - Debt, LP | Real Estate Fund | $1.3B | 522 | Jan 12, 2024 |
| Rialto Real Estate Fund IV - Property, LP | Real Estate Fund | $608M | 376 | Mar 30, 2020 |
| Rialto Real Estate Fund II, LP | Real Estate Fund | $539M | 119 | Feb 28, 2013 |
| Rialto Real Estate Fund V - Property, LP | Real Estate Fund | $290M | 71 | Mar 30, 2023 |
| Rialto Credit Opportunities Master Fund, LP | Hedge Fund | $238M | 27 | Mar 31, 2022 |
| Rialto Credit Partnership II, LP | Real Estate Fund | $200M | 4 | Mar 30, 2023 |
| Rialto Special Situations Fund II, LPno longer reported | Real Estate Fund | $188M | 6 | Mar 31, 2021 |
| Rialto Real Estate Fund, LP | Real Estate Fund | $164M | 41 | Feb 14, 2012 |
| Rialto Cmbs Partners Fund, LP | Real Estate Fund | $155M | 6 | Mar 30, 2020 |
| Rialto Real Estate Fund III - Property, LP | Real Estate Fund | $130M | 487 | Feb 26, 2016 |
| Rialto Relative Value Credit Fund, LP | Real Estate Fund | $111M | 2 | Mar 31, 2021 |
| Rref IV - P Ysu Coinvest, LP | Real Estate Fund | $104M | 3 | Mar 31, 2022 |
| Rialto Absolute Partnership I, LPno longer reported | Real Estate Fund | $91.7M | 4 | Feb 28, 2018 |
| Rref IV-P Marietta St. Coinvest, LP | Real Estate Fund | $66.4M | 3 | Mar 31, 2022 |
| Rialto Capital Cmbs Fund II, LPno longer reported | Real Estate Fund | $60.2M | 11 | Feb 26, 2016 |
| Rref III-P Bric Coinvest, LPno longer reported | Real Estate Fund | $46.5M | 3 | Apr 26, 2019 |
| Rialto Capital Cmbs Fund, LPno longer reported | Real Estate Fund | $46.1M | 13 | Mar 2, 2015 |
| Rref IV - P 53rd St Coinvest, LP | Real Estate Fund | $43.4M | 3 | Mar 30, 2023 |
| Rref IV-P One Biscayne Coinvest, LP | Real Estate Fund | $39.4M | 3 | Mar 31, 2022 |
| Rref IV-P Bothell Coinvest, LP | Real Estate Fund | $39.3M | 5 | Mar 31, 2022 |
| Rialto Yamato Coinvest, LP | Real Estate Fund | $37.6M | 4 | Mar 31, 2022 |
| Rref Cmbs Aiv II, LPno longer reported | Real Estate Fund | $35.1M | 2 | Feb 28, 2014 |
| Rref IV-P Summit East Coinvest, LP | Real Estate Fund | $34.8M | 10 | Mar 31, 2022 |
| Rref II-Sg Cmbs Aiv, LP | Real Estate Fund | $33.3M | 6 | Feb 26, 2016 |
| Al Breck Ci Partnership, LPno longer reported | Hedge Fund | $28.1M | 7 | Mar 2, 2015 |
| Rref Cmbs Aiv Sg, LP | Real Estate Fund | $25.9M | 13 | Feb 28, 2014 |
| Rref IV Property Marietta St. Investments, LLC | Real Estate Fund | $21.1M | 2 | Mar 31, 2022 |
| Rialto Special Situations Fund, LPno longer reported | Other Private Fund | $19.5M | 1 | Feb 23, 2017 |
| Rialto Capital Cmbs Fund III, LPno longer reported | Real Estate Fund | $13.0M | 11 | Feb 23, 2017 |
| Rref Cmbs Aiv Sg II, LP | Real Estate Fund | $10.6M | 13 | Feb 28, 2014 |
| Rialto Capital Cmbs Fund IV, LPno longer reported | Real Estate Fund | $10.6M | 11 | Feb 23, 2017 |
| Rialto Credit Partnership, LP | Real Estate Fund | $8.9M | 3 | Feb 23, 2017 |
| Rref-Sg Co-Investment, LPno longer reported | Real Estate Fund | $1.2M | 2 | Feb 28, 2014 |
| Rref II-Sg Co-Investment, LPno longer reported | Real Estate Fund | $790,000 | 11 | Feb 26, 2016 |
| Rialto Mezzanine Partners Fund, LPno longer reported | Real Estate Fund | $688,000 | 92 | Feb 28, 2014 |
Owners and control persons
Schedule A and B, latest filing
- (Nmn) Liat Heller · General Counselcontrolsince 05/2011 · owns less than 5%
- Paul Jeffrey Krasnoff · Chief Executive Officercontrolsince 08/2007 · owns less than 5%
- Howard Jay Mantz · Presidentcontrolsince 09/2011 · owns less than 5%
- Martin Cory Olson · Chief Operating Officercontrolsince 11/2018 · owns less than 5%
- Brian Marshall Van Smith · Chief Financial Officercontrolsince 12/2018 · owns less than 5%
- Beth Amanda Lenok · Chief Compliance Officersince 06/2019 · owns less than 5%
Entity owners
- Rialto Investment Management, LLC · Sole Memberdirect · owns 75% or more
- Rialto Capital Group Holdings, Inc. · Sole Memberindirect · owns 75% or more of Rialto Management Group, LLC
- Rialto Management Group, LLC · Sole Memberindirect · owns 75% or more of Rialto Investment Management, LLC
- Trident Capital Vii, L.P. · General Partnerindirect · owns F of Trident Vii Parallel Fund, L.P.
- Trident Capital Vii, L.P. · General Partnerindirect · owns F of Trident Vii, L.P.
- Trident Vii Parallel Fund, L.P. · Limited Partnerindirect · owns 25% to 50% of Rialto Capital Group Holdings, Inc.
- Trident Vii, L.P. · Limited Partnerindirect · owns 50% to 75% of Rialto Capital Group Holdings, Inc.
Related persons
Schedule D 7.A
- Rialto Credit Opportunities Gp, LPpooled vehicle sponsorn
- Rialto Credit Partnership Gp, LLCpooled vehicle sponsorn
- Rialto Partners Gp II, LLCpooled vehicle sponsorn
- Rialto Partners Gp III - Debt, LLCpooled vehicle sponsorn
- Rialto Partners Gp III - Property, LLCpooled vehicle sponsorn
- Rialto Partners Gp IV - Debt, LPpooled vehicle sponsorn
- Rialto Partners Gp IV - Property, LPpooled vehicle sponsorn
- Rialto Partners Gp Rref I Spv, LPpooled vehicle sponsorn
- Rialto Partners Gp Rref II Spv, LPpooled vehicle sponsorn
- Rialto Partners Gp Rvcf, LLCpooled vehicle sponsorn
- Rialto Partners Gp V - Debt, LPpooled vehicle sponsorn
- Rialto Partners Gp V - Property, LPpooled vehicle sponsorn
- Rialto Partners Gp Yamato, LPpooled vehicle sponsorn
- Rialto Partners Gp, LLCpooled vehicle sponsorn
- Rialto Partners Rcp II, Gp, LLCpooled vehicle sponsorn
- Rpcf Gp, LLCpooled vehicle sponsorn
- Stone Point Capital LLCinvestment adviserpooled vehicle sponsoryRAUM $68B
Offices
Schedule D 1.F, the 25 largest
- New York, NY49 employees
- Santa Monica, CA10 employees
- Atlanta, GA4 employees
- Newport Beach, CA1 employees
- Hilversum, Netherlands1 employees
- Bethesda, MD1 employees
- Chapel Hill, NC1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- office count dropChange between filings · filing Apr 30, 2026offices other than the principal office (Item 1.F.5) moved from 7.0 to 4.0 (-43.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was 0.0% (198 comparable advisers, 1.0th percentile of changes)peers: asset managers, $20B and over (198) · 0.5% percentile
What changed
consecutive filings, newest first
- Accounts · 67 to 66Mar 28, 2025 to Mar 31, 2026
- Advisory employees · 89 to 79Mar 28, 2025 to Mar 31, 2026
- Pooled vehicle clients · 65 to 66Mar 28, 2025 to Mar 31, 2026
- Assets in custody · 11698598.0 to unsetMar 28, 2025 to Mar 31, 2026
- Custody of client assets · true to falseMar 28, 2025 to Mar 31, 2026
- Employees · 93 to 82Mar 28, 2025 to Mar 31, 2026
- Other offices · 7 to 4Mar 28, 2025 to Mar 31, 2026
- Private funds · 23 to 22Mar 28, 2025 to Mar 31, 2026
- Discretionary RAUM · $10B to $10.0BMar 28, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $8.2B to $12BMar 28, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $18B to $22BMar 28, 2025 to Mar 31, 2026
- RAUM · $18B to $22BMar 28, 2025 to Mar 31, 2026
- Accounts · 68 to 67Nov 1, 2024 to Mar 28, 2025
- Advisory employees · 91 to 89Nov 1, 2024 to Mar 28, 2025
- Pooled vehicle clients · 66 to 65Nov 1, 2024 to Mar 28, 2025
- Assets in custody · $36.2M to $11.7MNov 1, 2024 to Mar 28, 2025
- Employees · 94 to 93Nov 1, 2024 to Mar 28, 2025
- Financial planning clients · 0 to Nov 1, 2024 to Mar 28, 2025
- Private funds · 24 to 23Nov 1, 2024 to Mar 28, 2025
- Discretionary RAUM · $7.5B to $10BNov 1, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $9.5B to $8.2BNov 1, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $17B to $18BNov 1, 2024 to Mar 28, 2025
- RAUM · $17B to $18BNov 1, 2024 to Mar 28, 2025
- Private funds · 23 to 24Mar 27, 2024 to Nov 1, 2024
- Accounts · 64 to 68Jan 12, 2024 to Mar 27, 2024
- Advisory employees · 78 to 91Jan 12, 2024 to Mar 27, 2024
- Pooled vehicle clients · 62 to 66Jan 12, 2024 to Mar 27, 2024
- Assets in custody · $36.3M to $36.2MJan 12, 2024 to Mar 27, 2024
- Employees · 81 to 94Jan 12, 2024 to Mar 27, 2024
- Private funds · 24 to 23Jan 12, 2024 to Mar 27, 2024
- Discretionary RAUM · $6.5B to $7.5BJan 12, 2024 to Mar 27, 2024
- Non-discretionary RAUM · $8.4B to $9.5BJan 12, 2024 to Mar 27, 2024
- Pooled vehicle RAUM · $15B to $17BJan 12, 2024 to Mar 27, 2024
- RAUM · $15B to $17BJan 12, 2024 to Mar 27, 2024
- Private funds · 23 to 24Mar 31, 2023 to Jan 12, 2024
- Discretionary RAUM · $6.5B to $6.5BMar 30, 2023 to Mar 31, 2023
- Non-discretionary RAUM · $8.1B to $8.4BMar 30, 2023 to Mar 31, 2023
- Pooled vehicle RAUM · $15B to $15BMar 30, 2023 to Mar 31, 2023
- RAUM · $15B to $15BMar 30, 2023 to Mar 31, 2023
- Accounts · 65 to 64Oct 6, 2022 to Mar 30, 2023
Signals
5 dated events
- Rialto Capital Management, Llc reported RAUM $14.6B, up 58% from $9.2B (2022-10-06 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- Rialto Capital Management, Llc reported RAUM $9.2B, up 43% from $6.5B (2021-03-31 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Rialto Capital Management, Llc reported RAUM $6.5B, up 37% from $4.7B (2020-08-12 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Rialto Capital Management, Llc reported 3 offices beyond its principal office, down from 8 (2020-08-12 to 2021-03-31)Mar 31, 2021 · Office count change · derived
- Rialto Capital Management, Llc reported 8 offices beyond its principal office, down from 13 (2018-12-12 to 2019-03-29)Mar 29, 2019 · Office count change · derived
Across DFX
shared identifiers only, never a name match
- Rialto Capital Management, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/RIALTO-CAPITALreportedpublic record, Form ADV, Sep 18, 2026
- Website
- RIALTOCAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 305-485-2077reportedpublic record, Form ADV, Jul 6, 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
Across the graphs
Rialto Capital Management, LLC is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
Checking your plan…