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

S••••••• F••• M••••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 160338SEC 801-73946websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 14, 2012 · 29 filings
SEC status approved since Mar 30, 2012
RAUM
$462M
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
30
11 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
8
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$462M as of Mar 31, 2026
Apr 1, 2013$6.6B 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)30 as of Mar 31, 2026
Apr 1, 201360 then
Private funds8 as of Mar 31, 2026
Apr 1, 201339 then
RAUM +31% over the last fiscal year-26% 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
$51.3MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+31%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 vehicles, otherreportedItem 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$462M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
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=true 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
      47 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S••••••• S•••• M••••• E•••••••• F•••• L•••Private Equity Fund$504M2Mar 31, 2015
      L••••••• C••••••••• I• L•••••• P•••••••••Private Equity Fund$148M1Feb 14, 2012
      S••••••• C•••••• P••••••• I•• L•••Private Equity Fund$139M86Feb 14, 2012
      L••••••• C••••••••• I• L•••••• P•••••••••Private Equity Fund$74.9M1Feb 14, 2012
      S••••••• P••••••• • S•••• M••••• G••••• S••••••••• L•••Private Equity Fund$72.3M2Mar 31, 2019
      S••••••• P••••••• • S•••• M••••• G••••• 2•••• L•••Private Equity Fund$38.4M22Feb 14, 2012
      S••••••• L••••••• F•••• L••Private Equity Fund$33.8M23Mar 31, 2022
      I•• I••••••••• L•••••• P•••••••••Private Equity Fund$32.8M4Feb 14, 2012
      A•••••• I•••••• C•••••••• L••Private Equity Fund$15.0M2Mar 29, 2024
      S••••••• L••••••• F••••• L••Private Equity Fund$13.3M19Mar 31, 2022
      S••••••• C•••••• P••••••• I•• L•••Private Equity Fund$8.6M107Feb 14, 2012
      L••••••• C••••••••• V• L•••••• P•••••••••Private Equity Fund$7.1M5Feb 14, 2012
      L••••••• C••••••••• I• L•••••• P•••••••••Private Equity Fund$6.1M5Feb 14, 2012
      S••••••• C•••••• P••••••• I••• L•••Private Equity Fund$5.8M105Feb 14, 2012
      S••••••• S•• I•••••••• L••no longer reportedPrivate Equity Fund$3.6M35Mar 31, 2019
      S••••••• E••• C••••••••• I• L••no longer reportedPrivate Equity Fund$3.3M2Feb 14, 2012
      S•• I• P•••••••• L•••Private Equity Fund$2.5M42Apr 1, 2013
      S••••••• C•••••• P•••••••• L•••Private Equity Fund$2.4M71Feb 14, 2012
      S•• I• C••••••••• F••• L•Private Equity Fund$976,80715Mar 31, 2022
      S••••••• E••• C••••••••• I•• L••no longer reportedPrivate Equity Fund$957,4852Feb 14, 2012
      S••••••• L••••••• E••••••••• F•••• L•Private Equity Fund$449,18646Feb 14, 2012
      M•••••• D••• C•••••• I••••••••• L••no longer reportedPrivate Equity Fund$445,19732Feb 14, 2012
      S••••••• L•••••••• L•Private Equity Fund$382,7011Feb 14, 2012
      S••••••• E••• C••••••••• I••• L••no longer reportedPrivate Equity Fund$378,3742Feb 14, 2012
      P••••• C•••••• I•• L••no longer reportedPrivate Equity Fund$303,8895Feb 14, 2012
      S•••••••• O••••••••• B•••• L••Private Equity Fund$294,55515Feb 14, 2012
      S••••••• V•••••• P•••••••• L•••Private Equity Fund$254,13883Feb 14, 2012
      L••••••• C••••••••• I•• L•••••• P•••••••••Private Equity Fund$197,7704Feb 14, 2012
      S••••••• L••••••• R•••••••• L•Private Equity Fund$118,1558Feb 14, 2012
      S••••••• V••• I••••••••• H•••••••• L••Private Equity Fund$82,07428Mar 31, 2022
      S••••••• R••••••••• H••••••• C••••••••• I•• L••no longer reportedPrivate Equity Fund$67,9922Feb 14, 2012
      S••••••• S•• E•••••••• F•••• L•••Private Equity Fund$50,69250Feb 14, 2012
      S••••••• C•••••• P••••••• G••• • C••• K•Private Equity Fund$34,8854Feb 14, 2012
      P••••• C•••••• I••• L••no longer reportedPrivate Equity Fund$20,9325Feb 14, 2012
      S••••••• V•••••• P••••••• I•• L•••no longer reportedPrivate Equity Fund$7256Feb 14, 2012
      S••••••• R••••••••• H••••••• C••••••••• V••• L••no longer reportedPrivate Equity Fund$02Feb 14, 2012
      S••••••• E••• C••••••••• I•• L••no longer reportedPrivate Equity Fund$02Feb 14, 2012
      P•• I• I••••••• I• L••no longer reportedPrivate Equity Fund$05Feb 14, 2012
      S••••••• E••• C••••••••• V••• L••no longer reportedPrivate Equity Fund$02Feb 14, 2012
      S••••••• R••••••••• H••••••• C••••••••• V•• L••no longer reportedPrivate Equity Fund$03Feb 14, 2012
      All funds of S••••••• F••• M••••••••• L••
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• D••••••• L•• · Manager And Senior Managing Director Of S••••••• F••• M••••••••• L•• And Manager Of S••••••• F••• M••••••••• H••••••• G•• L••control
        since 05/2000 · owns less than 5%
      • E•••••• J••••••• W•••••• · Managing Director Of S••••••• F••• M••••••••• L•• And Chief Financial Officercontrol
        since 02/2013 · owns less than 5%
      • E••••••• M••••• A•••• · Managing Director Of S••••••• F••• M••••••••• L•• And Chief Operating Officer, Chief Compliance Officer And General Counselcontrol
        since 04/2008 · owns less than 5%
      • H••••••••• R•••••• C••••••••• · Manager And Senior Managing Director Of S••••••• F••• M••••••••• L•• And Manager Of S••••••• F••• M••••••••• H••••••• G•• L••control
        since 05/2000 · owns less than 5%
      • T••••••• S•••••• M•••••• · Manager And Senior Managing Director Of S••••••• F••• M••••••••• L•• And Manager Of S••••••• F••• M••••••••• H••••••• G•• L••control
        since 05/2000 · owns less than 5%
      • B•••••• D••••••• L•• · Membercontrol
        since 01/2014 · owns 25% to 50% of S••••••• F••• M••••••••• H••••••• G•• L••
      • H••••••••• R•••••• C••••••••• · Membercontrol
        since 01/2014 · owns 25% to 50% of S••••••• F••• M••••••••• H••••••• G•• L••
      • T••••••• S•••••• M•••••• · Membercontrol
        since 01/2014 · owns 25% to 50% of S••••••• F••• M••••••••• H••••••• G•• L••
      Entity owners
      • S•• I•••••• L•• · Member
        direct · owns 75% or more
      • S••••••• F••• M••••••••• H•••••••• L••• · Member
        direct · owns 75% or more
      • S••••••• F••• M••••••••• H••••••• G•• L•• · General Partner Of The Sole Member Of S••••••• F••• M••••••••• L••
        indirect · owns F of S••••••• F••• M••••••••• H•••••••• L•••
      Related persons
      Schedule D 7.A
      • S• P••••••• 2•••• L•••
        bankpooled vehicle sponsorn
      • S• P••••••• H•••••••• L•••
        pooled vehicle sponsorn
      • S• P••••••• I•• L•••
        pooled vehicle sponsorn
      • S• P••••••• I•• A•• O•• G• C•••••••••
        pooled vehicle sponsorn
      • S• P••••••• I••• L•••
        bankpooled vehicle sponsorn
      • S• P••••••• I•• L•••
        bankpooled vehicle sponsorn
      • S• P••••••• S••••••••• L•
        bankpooled vehicle sponsorn
      • S•• P•••••••• L•••
        pooled vehicle sponsorn
      • S• A•• G• C•••••••••
        pooled vehicle sponsorn
      • S••• M••••••••• I• L••
        pooled vehicle sponsorn
      • S••• M••••••••• I•• L••
        pooled vehicle sponsorn
      • S••• M••••••••• I••• L••
        pooled vehicle sponsorn
      • S••• M••••••••• I•• L••
        pooled vehicle sponsorn
      • S••• M••••••••• V• L••
        pooled vehicle sponsorn
      • S••• M••••••••• L••
        pooled vehicle sponsorn
      • S••••••• N•• I••••••• H••••••• L••
        pooled vehicle sponsorn
      • S••••••• P••••••• Q••••••••• I••••••••• L••
        investment adviserbankpooled vehicle sponsornRAUM $70.6M
      • S••••••• V•••••• P•••••••• L••
        pooled vehicle sponsorn
      • S• P••••••• I• C••••••••• G• L••
        pooled vehicle sponsorn
      • S• P••••••• I• C••••••••• G•• L•
        pooled vehicle sponsorn
      Advisers that list S••••••• F••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Baltimore, MD
      What changed
      consecutive filings, newest first
      • Accounts · 11 to 9
        May 2, 2025 to Mar 31, 2026
      • Advisory employees · 10 to 11
        May 2, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 11 to 9
        May 2, 2025 to Mar 31, 2026
      • Employees · 31 to 30
        May 2, 2025 to Mar 31, 2026
      • Private funds · 13 to 8
        May 2, 2025 to Mar 31, 2026
      • Discretionary RAUM · $325M to $462M
        May 2, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $26.5M to $0
        May 2, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $352M to $462M
        May 2, 2025 to Mar 31, 2026
      • RAUM · $352M to $462M
        May 2, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to May 2, 2025
      • Accounts · 20 to 11
        Mar 29, 2024 to Mar 28, 2025
      • Advisory employees · 24 to 10
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 20 to 11
        Mar 29, 2024 to Mar 28, 2025
      • Employees · 43 to 31
        Mar 29, 2024 to Mar 28, 2025
      • Private funds · 22 to 13
        Mar 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $823M to $325M
        Mar 29, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $268M to $26.5M
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $1.1B to $352M
        Mar 29, 2024 to Mar 28, 2025
      • RAUM · $1.1B to $352M
        Mar 29, 2024 to Mar 28, 2025
      • Accounts · 23 to 20
        Sep 17, 2023 to Mar 29, 2024
      • Advisory employees · 20 to 24
        Sep 17, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 23 to 20
        Sep 17, 2023 to Mar 29, 2024
      • Private funds · 25 to 22
        Sep 17, 2023 to Mar 29, 2024
      • Discretionary RAUM · $892M to $823M
        Sep 17, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $236M to $268M
        Sep 17, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.1B to $1.1B
        Sep 17, 2023 to Mar 29, 2024
      • RAUM · $1.1B to $1.1B
        Sep 17, 2023 to Mar 29, 2024
      • Accounts · 24 to 23
        Dec 19, 2022 to Mar 31, 2023
      • Advisory employees · 23 to 20
        Dec 19, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 24 to 23
        Dec 19, 2022 to Mar 31, 2023
      • Employees · 44 to 43
        Dec 19, 2022 to Mar 31, 2023
      • Private funds · 27 to 25
        Dec 19, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.1B to $892M
        Dec 19, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $426M to $236M
        Dec 19, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.5B to $1.1B
        Dec 19, 2022 to Mar 31, 2023
      • RAUM · $1.5B to $1.1B
        Dec 19, 2022 to Mar 31, 2023
      • Accounts · 25 to 24
        Nov 1, 2021 to Mar 31, 2022
      • Advisory employees · 17 to 23
        Nov 1, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 25 to 24
        Nov 1, 2021 to Mar 31, 2022
      • Employees · 38 to 44
        Nov 1, 2021 to Mar 31, 2022
      Signals
      3 dated events
      • S••••••• F••• M••••••••• L•• reported RAUM $461.6M, up 31% from $351.9M (2025-05-02 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • S••••••• F••• M••••••••• L•• reported RAUM $351.9M, down 68% from $1.1B (2024-03-29 to 2025-03-28)
        Mar 28, 2025 · RAUM change · derived
      • S••••••• F••• M••••••••• L•• reported RAUM $1.1B, down 27% from $1.5B (2022-12-19 to 2023-03-31)
        Mar 31, 2023 · 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••••://WWW.S•••••••PARTNERS.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-465-7000reportedpublic 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