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
P•••••• R••••• G••••• L••
Legal name P•••••• R••••• G•••• L••
Latest filing Mar 26, 2026
First filing on the tape Feb 15, 2012 · 23 filings
SEC status approved since Apr 5, 2012
RAUM
$208M
reported, Item 5.F
Discretionary
28%
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
17
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
15
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$208M as of Mar 26, 2026
Apr 1, 2013$1.3B then
HNW client RAUM$0 as of Mar 26, 2026
Mar 22, 2019$0 then
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Apr 1, 20130 then
Employees (5.A)17 as of Mar 26, 2026
Apr 1, 201327 then
Private funds15 as of Mar 26, 2026
Apr 1, 201316 then
RAUM -23% over the last fiscal year+9.7% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
- $13.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 28%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
- -23%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
- $208M, 15 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$208M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 15reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $208M for 15 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
42 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| P•• M••••••••• S•••••••• V•••• F••• I•• L•• | Real Estate Fund | $522M | 35 | Mar 30, 2022 |
| P•• M••••••••• V•••• A•••• F••• I••• L• | Real Estate Fund | $358M | 74 | Mar 22, 2019 |
| P•• J•••••• I• Q••• L•• | Real Estate Fund | $230M | 10 | Mar 26, 2020 |
| H•••••• 5•• V••••••• L••no longer reported | Real Estate Fund | $220M | 2 | Mar 30, 2016 |
| P•• 9••• J•••••• M•••••• L•• | Real Estate Fund | $165M | 2 | Mar 30, 2016 |
| 9••• C•••• V••••••• L••no longer reported | Real Estate Fund | $146M | 2 | Mar 30, 2016 |
| P•• M••••••••• S•••••••• V•••• F•••• L•• | Real Estate Fund | $124M | 30 | Mar 28, 2018 |
| K•••• K•••• P••••••••• A••••••••• L•• | Real Estate Fund | $88.2M | 6 | Mar 30, 2016 |
| O•••••• 3•• V•••••• L•• | Real Estate Fund | $77.2M | 2 | Mar 31, 2017 |
| 1•••• S• 1• J• H•••••••• L••no longer reported | Real Estate Fund | $76.4M | 3 | Mar 30, 2016 |
| W••••• P••• 2•• M••••• L•• | Real Estate Fund | $63.6M | 10 | Mar 26, 2021 |
| 3•• L•• T••• L•• L•• | Real Estate Fund | $44.9M | 10 | Mar 30, 2022 |
| M••••• 2•• M••••• L•• | Real Estate Fund | $43.9M | 10 | Mar 30, 2022 |
| S• V••••• I••••••• L••no longer reported | Real Estate Fund | $38.1M | 2 | Mar 31, 2014 |
| 2•• P••••••• L••no longer reported | Real Estate Fund | $34.0M | 3 | Apr 1, 2015 |
| P•••••• R••••• T•• C••••• F••• V• L• | Real Estate Fund | $25.5M | 2 | Feb 15, 2012 |
| P•••••• R••••• T•• C••••• F••• I•• L•no longer reported | Real Estate Fund | $25.2M | 2 | Feb 15, 2012 |
| O•••••• 3•• M••••• L•• | Real Estate Fund | $19.3M | 18 | Mar 31, 2017 |
| P•••••• R••••• T•• C••••• F••• I• L• | Real Estate Fund | $13.8M | 5 | Feb 15, 2012 |
| 1•••• S• 1• M•••••• L••no longer reported | Real Estate Fund | $11.5M | 8 | Mar 30, 2016 |
| H•••••• 5•• M•••••• L••no longer reported | Real Estate Fund | $11.0M | 14 | Mar 30, 2016 |
| 9••• C•••• M•••••• L••no longer reported | Real Estate Fund | $10.3M | 11 | Mar 30, 2016 |
| P•• J•••••• I• M•••••• L••no longer reported | Real Estate Fund | $7.7M | 10 | Mar 31, 2017 |
| P•••••• R••••• T•• C••••• F••• V• L• | Real Estate Fund | $7.0M | 2 | Feb 15, 2012 |
| M••••••••• W•••••••• H•••••• F••• L•• | Real Estate Fund | $5.7M | 9 | Feb 15, 2012 |
| P•••••• R••••• T•• C••••• F••• V••• L• | Real Estate Fund | $4.4M | 2 | Feb 15, 2012 |
| 2•• P•••••• M•••••• L••no longer reported | Real Estate Fund | $3.4M | 3 | Apr 1, 2015 |
| P•••••• R••••• C••••••••• P••••••••• L•no longer reported | Real Estate Fund | $2.1M | 4 | Feb 15, 2012 |
| G•••••• W•••••••• H•••••• F••• I•• L••no longer reported | Real Estate Fund | $163,511 | 8 | Feb 15, 2012 |
| P•• M••••••••• I••••••••• L••no longer reported | Real Estate Fund | $162,855 | 3 | Feb 15, 2012 |
| P•• F••• I•••••••• I• L•• | Real Estate Fund | $157,671 | 8 | Feb 15, 2012 |
| C••••••••• U•••• H•••••• F••• L••no longer reported | Real Estate Fund | $143,020 | 5 | Feb 15, 2012 |
| P•••••• R••••• F••• I•••••••• I•• L••no longer reported | Real Estate Fund | $5,572 | 2 | Feb 15, 2012 |
| P•• F••• I•••••••• V• L••no longer reported | Real Estate Fund | $4,734 | 2 | Feb 15, 2012 |
| 1•••• E••• M•••• M•••••• L••no longer reported | Real Estate Fund | $0 | 8 | Apr 1, 2015 |
| P•••••• R••••• F••• I•••••••• I• L••no longer reported | Real Estate Fund | $0 | 2 | Feb 15, 2012 |
| G•••••• W•••••••• H•••••• F•••• L••no longer reported | Real Estate Fund | $0 | 11 | Feb 15, 2012 |
| 1•••• E••• M•••• H•••••••• L•••no longer reported | Real Estate Fund | $0 | 4 | Apr 1, 2015 |
| P•••••• R••••• T•• C••••• F••• V•••• L• | Real Estate Fund | $0 | 2 | Feb 15, 2012 |
| P•• P•••••• M•••••• L••no longer reported | Real Estate Fund | $0 | 7 | Mar 30, 2016 |
Owners and control persons
Schedule A and B, latest filing
- H•••••• A•••• P• · M••••• & Chief Financial Officercontrolsince 11/2020 · owns 10% to 25%
- O••••• R••• E• · M••••• & Chief Compliance Officercontrolsince 09/1999 · owns 25% to 50%
- R••••••••• K••••• B•••• · M•••••controlsince 01/2001 · owns 25% to 50%
Related persons
Schedule D 7.A
- P•••••• H•••••• P••••••• N•••••••• L••pooled vehicle sponsory
- P•••••• H•••••• P••••••• W••• L••pooled vehicle sponsory
- P•• M••••••••• C• L••pooled vehicle sponsory
- P•• N••••••• U•••• F•••• L••pooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- discretionary share shiftChange between filings · filing Mar 26, 2026discretionary share of RAUM moved from 52.0% to 28.0% between the annual amendments of 2025-03-24 and 2026-03-26peers: asset managers, $100M to $500M (1,567)
What changed
consecutive filings, newest first
- Accounts · 18 to 15Mar 24, 2025 to Mar 26, 2026
- Pooled vehicle clients · 18 to 15Mar 24, 2025 to Mar 26, 2026
- Assets in custody · $273M to $208MMar 24, 2025 to Mar 26, 2026
- Employees · 19 to 17Mar 24, 2025 to Mar 26, 2026
- Private funds · 18 to 15Mar 24, 2025 to Mar 26, 2026
- Discretionary RAUM · $143M to $58.2MMar 24, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $130M to $150MMar 24, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $273M to $208MMar 24, 2025 to Mar 26, 2026
- RAUM · $273M to $208MMar 24, 2025 to Mar 26, 2026
- Accounts · 25 to 18Mar 15, 2024 to Mar 24, 2025
- Assets in custody · $148M to $273MMar 15, 2024 to Mar 24, 2025
- Financial planning clients · unset to Mar 15, 2024 to Mar 24, 2025
- Private funds · 17 to 18Mar 15, 2024 to Mar 24, 2025
- Discretionary RAUM · $60.3M to $143MMar 15, 2024 to Mar 24, 2025
- Non-discretionary RAUM · $87.7M to $130MMar 15, 2024 to Mar 24, 2025
- Pooled vehicle RAUM · $148M to $273MMar 15, 2024 to Mar 24, 2025
- RAUM · $148M to $273MMar 15, 2024 to Mar 24, 2025
- Accounts · 18 to 25Mar 22, 2023 to Mar 15, 2024
- Assets in custody · $158M to $148MMar 22, 2023 to Mar 15, 2024
- Private funds · 18 to 17Mar 22, 2023 to Mar 15, 2024
- Discretionary RAUM · $73.2M to $60.3MMar 22, 2023 to Mar 15, 2024
- Non-discretionary RAUM · $84.7M to $87.7MMar 22, 2023 to Mar 15, 2024
- Pooled vehicle RAUM · $158M to $148MMar 22, 2023 to Mar 15, 2024
- RAUM · $158M to $148MMar 22, 2023 to Mar 15, 2024
- Accounts · 20 to 18Mar 30, 2022 to Mar 22, 2023
- Pooled vehicle clients · 20 to 18Mar 30, 2022 to Mar 22, 2023
- Assets in custody · $461M to $158MMar 30, 2022 to Mar 22, 2023
- Private funds · 24 to 18Mar 30, 2022 to Mar 22, 2023
- Discretionary RAUM · $111M to $73.2MMar 30, 2022 to Mar 22, 2023
- Non-discretionary RAUM · $350M to $84.7MMar 30, 2022 to Mar 22, 2023
- Pooled vehicle RAUM · $461M to $158MMar 30, 2022 to Mar 22, 2023
- RAUM · $461M to $158MMar 30, 2022 to Mar 22, 2023
- Accounts · 19 to 20Nov 4, 2021 to Mar 30, 2022
- Pooled vehicle clients · 19 to 20Nov 4, 2021 to Mar 30, 2022
- Assets in custody · $1.4B to $461MNov 4, 2021 to Mar 30, 2022
- Private funds · 23 to 24Nov 4, 2021 to Mar 30, 2022
- Discretionary RAUM · $646M to $111MNov 4, 2021 to Mar 30, 2022
- Non-discretionary RAUM · $757M to $350MNov 4, 2021 to Mar 30, 2022
- Pooled vehicle RAUM · $1.4B to $461MNov 4, 2021 to Mar 30, 2022
- RAUM · $1.4B to $461MNov 4, 2021 to Mar 30, 2022
Signals
5 dated events
- P•••••• R••••• G••••• L•• reported RAUM $272.5M, up 84% from $147.9M (2024-03-15 to 2025-03-24)Mar 24, 2025 · RAUM change · derived
- P•••••• R••••• G••••• L•• reported RAUM $157.9M, down 66% from $460.7M (2022-03-30 to 2023-03-22)Mar 22, 2023 · RAUM change · derived
- P•••••• R••••• G••••• L•• reported RAUM $460.7M, down 67% from $1.4B (2021-11-04 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- P Alan Hirmes (Member & Chief Financial Officer) appeared on Schedule A of P•••••• R••••• G••••• L••Mar 26, 2021 · Control person joined · fact
- Michael J Fried (Limited Partner And General Partner Respectively) no longer on Schedule A of P•••••• R••••• G••••• L•• (listed 2019-08-08, absent 2020-03-26)Mar 26, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- P•••••• R••••• G••••• L•• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/P••••••-R•••••-GROUPreportedpublic record, Form ADV, Sep 18, 2026
- Website
- P••••••RG.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 212-207-1999reportedpublic record, Form ADV, Mar 26, 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
P•••••• R••••• G••••• 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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