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

H••••• P•••••• • P•••••••• L••

Asset manager (funds and pooled vehicles)Austin, TexasCRD 160068SEC 801-74433websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 24, 2012 · 26 filings
SEC status approved since Mar 27, 2012
RAUM
$799M
reported, Item 5.F
Discretionary
99%
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
15
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
109
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$799M as of Mar 31, 2026
Apr 1, 2013$251M 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)15 as of Mar 31, 2026
Apr 1, 20136 then
Private funds109 as of Mar 31, 2026
Apr 1, 201358 then
RAUM +5.0% over the last fiscal year+12% 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
$7.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%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
+5.0%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, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$799M, 109 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$799M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
109reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$799M for 109 clientsreported
Compensation
% of AUMreported
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
      187 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      4•• W•••no longer reportedPrivate Equity Fund$69.7M2Apr 2, 2015
      H••• 3•Private Equity Fund$54.5M59Mar 31, 2017
      2•• B••no longer reportedPrivate Equity Fund$50.7M4Apr 1, 2013
      2••• A••Private Equity Fund$46.2M78Mar 30, 2020
      H••• 4•Private Equity Fund$33.7M130,000Mar 31, 2022
      2••• G••Private Equity Fund$32.7M114Mar 31, 2022
      3•• W••••no longer reportedPrivate Equity Fund$25.1M4Mar 31, 2018
      4•• A••Private Equity Fund$19.9M97Mar 31, 2022
      H••• I•Private Equity Fund$17.7M28Feb 24, 2012
      2••• M•Private Equity Fund$13.3M5Mar 31, 2018
      2••• W••Private Equity Fund$12.9M55Mar 29, 2019
      2••• I••Private Equity Fund$11.8M77Mar 29, 2019
      2••• G••Private Equity Fund$11.7M57Mar 29, 2019
      2••• I••Private Equity Fund$10.4M21Mar 29, 2019
      2••• C••Private Equity Fund$9.9M53Mar 30, 2020
      2••• S••Private Equity Fund$9.9M54Mar 30, 2020
      2••• M••Private Equity Fund$9.0M72Mar 31, 2021
      4•• C••Private Equity Fund$8.8M92Mar 30, 2023
      2•• T••Private Equity Fund$8.8M26Mar 30, 2016
      4•• C••Private Equity Fund$8.7M95Mar 30, 2023
      2••• O••Private Equity Fund$8.5M42Mar 30, 2020
      4•• N••Private Equity Fund$7.5M83Mar 31, 2022
      2••• G••Private Equity Fund$7.3M64Mar 31, 2021
      4•• H••Private Equity Fund$6.8M0Mar 31, 2024
      4•• M••Private Equity Fund$6.5M0Mar 31, 2024
      2••• A••Private Equity Fund$6.5M40Mar 31, 2022
      2•• D••no longer reportedPrivate Equity Fund$6.5M13Apr 2, 2014
      2••• E••no longer reportedPrivate Equity Fund$6.5M59Mar 29, 2019
      4•• V••Private Equity Fund$6.4M75Mar 31, 2022
      2••• H••Private Equity Fund$6.0M73Mar 30, 2023
      2••• B••Private Equity Fund$6.0M48Mar 29, 2019
      2•• B••Private Equity Fund$5.8M15Mar 30, 2016
      2••• E•• I•Private Equity Fund$5.6M59Mar 30, 2023
      4•• S••Private Equity Fund$5.5M60Mar 30, 2023
      2••• T••no longer reportedPrivate Equity Fund$5.3M65Mar 31, 2021
      4•• T••Private Equity Fund$5.2M72Mar 31, 2022
      2•• L••Private Equity Fund$5.1M26Apr 2, 2014
      4•• D••Private Equity Fund$5.1M2Mar 30, 2023
      2•• O••no longer reportedPrivate Equity Fund$5.0M33Apr 1, 2013
      4•• C••Private Equity Fund$4.9M77Mar 31, 2022
      All funds of H••••• P•••••• • P•••••••• L••
      Owners and control persons
      Schedule A and B, latest filing
      • G••••••• W••••••• P••••• · Manager, Managing Directorcontrol
        since 11/2019 · owns less than 5%
      • K•••••• M•••••• · Ccocontrol
        since 02/2013 · owns less than 5%
      • M•••••••• C•••••• · Cfocontrol
        since 11/2019 · owns less than 5%
      • P••••••• C••••••• M• · Manager, Managing Directorcontrol
        since 01/2012 · owns less than 5%
      • H•••••• R••••• · Managing Membercontrol
        since 01/2012 · owns 75% or more of H•••••••• L••
      • P••••••• C••••••• M• · Managing Membercontrol
        since 01/2012 · owns 75% or more of 1••• P•••••••• L••
      Entity owners
      • 1••• P•••••••• L•• · Member
        direct · owns 50% to 75%
      • H•••••••• L•• · Member
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • 1••• A•• G•
        pooled vehicle sponsory
      • 1••• D•• G•
        pooled vehicle sponsory
      • 1••• F•• G•
        pooled vehicle sponsory
      • 1••• G•• G•
        pooled vehicle sponsory
      • 1••• T•• G•
        pooled vehicle sponsory
      • 2•• A•• G•
        pooled vehicle sponsory
      • 2•• A•• G•
        pooled vehicle sponsory
      • 2•• A•• G•
        pooled vehicle sponsory
      • 2•• B•• G•
        pooled vehicle sponsory
      • 2•• C•• G•
        pooled vehicle sponsory
      • 2•• C•• G•
        pooled vehicle sponsory
      • 2•• E•• G•
        pooled vehicle sponsory
      • 2•• G••• G•• L•
        pooled vehicle sponsory
      • 2•• K•• G•
        pooled vehicle sponsory
      • 2•• L•• G•
        pooled vehicle sponsory
      • 2•• L•• G•
        pooled vehicle sponsory
      • 2•• M•• G•
        pooled vehicle sponsory
      • 2•• N•• G•
        pooled vehicle sponsory
      • 2•• P•• G•
        pooled vehicle sponsory
      • 2•• P•• G•
        pooled vehicle sponsory
      • 2•• R•• G•
        pooled vehicle sponsory
      • 2•• S•• G•
        pooled vehicle sponsory
      • 2•• S•• G•
        pooled vehicle sponsory
      • 2•• S•• G•
        pooled vehicle sponsory
      • 2•• T•• G•
        pooled vehicle sponsory
      • 2•• T•• G•
        pooled vehicle sponsory
      • 2•• T•• G•
        pooled vehicle sponsory
      • 2•• T•• G•
        pooled vehicle sponsory
      • 2•• U•• G•
        pooled vehicle sponsory
      • 2•• V•• G•
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • many private funds relative to firm sizeStatic outlier · filing Mar 31, 2026
        private funds per $1B of RAUM of 136.4 against a peer median of 8.9 (463 comparable advisers, 100.0th percentile, 21.2 robust deviations)
        peers: asset managers, $500M to $1B (463) · 100% percentile
      • large related person networkStatic outlier · filing Mar 31, 2026
        related persons on Schedule D 7.A of 98.0 against a peer median of 5.0 (338 comparable advisers, 99.0th percentile, 31.4 robust deviations)
        peers: asset managers, $500M to $1B (338) · 99% percentile
      • discretionary share shiftChange between filings · filing Mar 31, 2026
        discretionary share of RAUM moved from 3.0% to 99.0% between the annual amendments of 2025-04-03 and 2026-03-31
        peers: asset managers, $500M to $1B (784)
      What changed
      consecutive filings, newest first
      • Accounts · 103 to 109
        Dec 23, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 103 to 109
        Dec 23, 2025 to Mar 31, 2026
      • Assets in custody · $647M to $799M
        Dec 23, 2025 to Mar 31, 2026
      • Employees · 17 to 15
        Dec 23, 2025 to Mar 31, 2026
      • Private funds · 103 to 109
        Dec 23, 2025 to Mar 31, 2026
      • Discretionary RAUM · $739M to $793M
        Dec 23, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $22.5M to $6.1M
        Dec 23, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $761M to $799M
        Dec 23, 2025 to Mar 31, 2026
      • RAUM · $761M to $799M
        Dec 23, 2025 to Mar 31, 2026
      • Discretionary RAUM · $22.5M to $739M
        Apr 3, 2025 to Dec 23, 2025
      • Non-discretionary RAUM · $739M to $22.5M
        Apr 3, 2025 to Dec 23, 2025
      • Accounts · 104 to 103
        Sep 24, 2024 to Apr 3, 2025
      • Pooled vehicle clients · 104 to 103
        Sep 24, 2024 to Apr 3, 2025
      • Financial planning clients · unset to
        Sep 24, 2024 to Apr 3, 2025
      • Private funds · 115 to 103
        Sep 24, 2024 to Apr 3, 2025
      • Discretionary RAUM · $632M to $22.5M
        Sep 24, 2024 to Apr 3, 2025
      • Non-discretionary RAUM · $14.4M to $739M
        Sep 24, 2024 to Apr 3, 2025
      • Pooled vehicle RAUM · $647M to $761M
        Sep 24, 2024 to Apr 3, 2025
      • RAUM · $647M to $761M
        Sep 24, 2024 to Apr 3, 2025
      • Accounts · 100 to 104
        Mar 30, 2023 to Mar 31, 2024
      • Advisory employees · 2 to 5
        Mar 30, 2023 to Mar 31, 2024
      • Pooled vehicle clients · 100 to 104
        Mar 30, 2023 to Mar 31, 2024
      • Assets in custody · $307M to $647M
        Mar 30, 2023 to Mar 31, 2024
      • Private funds · 100 to 115
        Mar 30, 2023 to Mar 31, 2024
      • Discretionary RAUM · $561M to $632M
        Mar 30, 2023 to Mar 31, 2024
      • Non-discretionary RAUM · $672,586 to $14.4M
        Mar 30, 2023 to Mar 31, 2024
      • Pooled vehicle RAUM · $561M to $647M
        Mar 30, 2023 to Mar 31, 2024
      • RAUM · $561M to $647M
        Mar 30, 2023 to Mar 31, 2024
      • Accounts · 96 to 100
        Mar 14, 2023 to Mar 30, 2023
      • Pooled vehicle clients · 96 to 100
        Mar 14, 2023 to Mar 30, 2023
      • Private funds · 96 to 100
        Mar 14, 2023 to Mar 30, 2023
      • Discretionary RAUM · $537M to $561M
        Mar 14, 2023 to Mar 30, 2023
      • Non-discretionary RAUM · $1.9M to $672,586
        Mar 14, 2023 to Mar 30, 2023
      • Pooled vehicle RAUM · $538M to $561M
        Mar 14, 2023 to Mar 30, 2023
      • RAUM · $538M to $561M
        Mar 14, 2023 to Mar 30, 2023
      • Advisory employees · 3 to 2
        Mar 31, 2022 to Mar 14, 2023
      • Employees · 14 to 17
        Mar 31, 2022 to Mar 14, 2023
      • Accounts · 83 to 96
        Apr 30, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 83 to 96
        Apr 30, 2021 to Mar 31, 2022
      • Private funds · 83 to 96
        Apr 30, 2021 to Mar 31, 2022
      Signals
      6 dated events
      • Boyd Shelley Mcafee (Coo) no longer on Schedule A of H••••• P•••••• • P•••••••• L•• (listed 2022-03-31, absent 2023-03-14)
        Mar 14, 2023 · Control person left · inference
      • H••••• P•••••• • P•••••••• L•• reported RAUM $538.5M, up 75% from $307.2M (2021-04-30 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • H••••• P•••••• • P•••••••• L•• reported RAUM $307.2M, down 28% from $425.4M (2020-03-30 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Crystal Matthews (Cfo) appeared on Schedule A of H••••• P•••••• • P•••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • William Glasgow (Managing Director) appeared on Schedule A of H••••• P•••••• • P•••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • H••••• P•••••• • P•••••••• L•• reported RAUM $406.7M, up 34% from $302.7M (2017-03-31 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      512-505-4111reportedpublic 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
      Across the graphs

      H••••• P•••••• • P•••••••• L•• 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.

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