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

K•••••• C•••••• M••••••••• ••• L••••••

Institutional managerHong Kong, CRD 160593SEC 801-76775websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Jun 1, 2012 · 19 filings
SEC status approved since Jun 25, 2012
RAUM
$2.9B
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
18
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
9
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$2.9B as of Mar 25, 2026
Mar 26, 2013$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 26, 20130 then
Employees (5.A)18 as of Mar 25, 2026
Mar 26, 201320 then
Private funds9 as of Mar 25, 2026
Mar 26, 20133 then
RAUM +41% over the last fiscal year+34% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
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
$262MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
96%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
+41%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 businesses and institutions, 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Sovereign wealth funds$2.8B96%
  • Pooled investment vehicles$126M4.4%
  • Corporations and businesses$3.8M0.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
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=0.04 institutional_share=0.96 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
      10 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • X••••• K•• · Director/Chief Compliance Officercontrol
        since 03/2010 · owns 5% to 10%
      • Z••••• F••• · Director/Chief Investment Officercontrol
        since 07/2006 · owns 75% or more
      Related persons
      Schedule D 7.A
      • A•••••• C•••••• P•••••••
        pooled vehicle sponsorn
      • A•••••• C•••••• P••••••• I•
        pooled vehicle sponsorn
      • A•••••• C•••••• P••••••• I••
        pooled vehicle sponsorn
      • A•••••• C•••••• P••••••• L••••••
        pooled vehicle sponsorn
      • K•••••• C•••••• M••••••••• •••••••• L••••••
        investment advisern
      • K•••••• C•••••• M••••••••• L••••••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Employees · 17 to 18
        Mar 25, 2025 to Mar 25, 2026
      • Discretionary RAUM · $2.0B to $2.9B
        Mar 25, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $96.7M to $126M
        Mar 25, 2025 to Mar 25, 2026
      • RAUM · $2.0B to $2.9B
        Mar 25, 2025 to Mar 25, 2026
      • Accounts · 13 to 11
        Mar 26, 2024 to Mar 25, 2025
      • Corporate clients · 2 to 1
        Mar 26, 2024 to Mar 25, 2025
      • Pension plan clients · 1.0 to unset
        Mar 26, 2024 to Mar 25, 2025
      • Financial planning clients · unset to
        Mar 26, 2024 to Mar 25, 2025
      • HQ state · unset to
        Mar 26, 2024 to Mar 25, 2025
      • Discretionary RAUM · $1.4B to $2.0B
        Mar 26, 2024 to Mar 25, 2025
      • Non-discretionary RAUM · $18.6M to $0
        Mar 26, 2024 to Mar 25, 2025
      • Pension RAUM · 18564941.0 to unset
        Mar 26, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $112M to $96.7M
        Mar 26, 2024 to Mar 25, 2025
      • RAUM · $1.4B to $2.0B
        Mar 26, 2024 to Mar 25, 2025
      • Employees · 20 to 17
        Apr 12, 2023 to Mar 26, 2024
      • Discretionary RAUM · $1.2B to $1.4B
        Apr 12, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $43.5M to $18.6M
        Apr 12, 2023 to Mar 26, 2024
      • Pension RAUM · $43.5M to $18.6M
        Apr 12, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $128M to $112M
        Apr 12, 2023 to Mar 26, 2024
      • RAUM · $1.2B to $1.4B
        Apr 12, 2023 to Mar 26, 2024
      • Pooled vehicle clients · 16 to 9
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · 38000000.0 to unset
        Mar 31, 2022 to Mar 31, 2023
      • Custody of client assets · true to false
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.3B to $1.2B
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $75.3M to $43.5M
        Mar 31, 2022 to Mar 31, 2023
      • Pension RAUM · $75.3M to $43.5M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $157M to $128M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.4B to $1.2B
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 12 to 13
        Mar 17, 2021 to Mar 31, 2022
      • Advisory employees · 4 to 8
        Mar 17, 2021 to Mar 31, 2022
      • Corporate clients · 3 to 2
        Mar 17, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 6 to 16
        Mar 17, 2021 to Mar 31, 2022
      • Assets in custody · $252M to $38.0M
        Mar 17, 2021 to Mar 31, 2022
      • Employees · 17 to 20
        Mar 17, 2021 to Mar 31, 2022
      • Private funds · 7 to 9
        Mar 17, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.8B to $1.3B
        Mar 17, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $124M to $75.3M
        Mar 17, 2021 to Mar 31, 2022
      • Pension RAUM · $124M to $75.3M
        Mar 17, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $239M to $157M
        Mar 17, 2021 to Mar 31, 2022
      • RAUM · $1.9B to $1.4B
        Mar 17, 2021 to Mar 31, 2022
      Signals
      13 dated events
      • K•••••• C•••••• M••••••••• ••• L•••••• reported RAUM $2.9B, up 41% from $2.0B (2025-03-25 to 2026-03-25)
        Mar 25, 2026 · ria raum c•••ge · derived
      • K•••••• C•••••• M••••••••• ••• L•••••• reported RAUM $2.0B, up 43% from $1.4B (2024-03-26 to 2025-03-25)
        Mar 25, 2025 · ria raum c•••ge · derived
      • F•••••• Li (Chief Operating Officer, Chief Compliance Officer) no longer on Schedule A of K•••••• C•••••• M••••••••• ••• L•••••• (listed 2023-03-31, absent 2023-04-12)
        Apr 12, 2023 · Control person left · inference
      • F•••••• Li (Chief Operating Officer, Chief Compliance Officer) appeared on Schedule A of K•••••• C•••••• M••••••••• ••• L••••••
        Mar 31, 2023 · Control person joined · fact
      • Laura Chan (Chief Compliance Officer) no longer on Schedule A of K•••••• C•••••• M••••••••• ••• L•••••• (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • K•••••• C•••••• M••••••••• ••• L•••••• reported RAUM $1.4B, down 28% from $1.9B (2021-03-17 to 2022-03-31)
        Mar 31, 2022 · ria raum c•••ge · derived
      • Hei Man Wong (Chief Operating Officer) no longer on Schedule A of K•••••• C•••••• M••••••••• ••• L•••••• (listed 2021-03-17, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • King Suen Sydney Yip (Director) no longer on Schedule A of K•••••• C•••••• M••••••••• ••• L•••••• (listed 2020-03-30, absent 2021-03-17)
        Mar 17, 2021 · Control person left · inference
      • Lok Sze Lizza Chiu (Chief Financial Officer/Chief Compliance Officer) no longer on Schedule A of K•••••• C•••••• M••••••••• ••• L•••••• (listed 2019-03-27, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Hei Man Wong (Chief Operating Officer) appeared on Schedule A of K•••••• C•••••• M••••••••• ••• L••••••
        Mar 30, 2020 · Control person joined · fact
      • Laura Chan (Chief Compliance Officer) appeared on Schedule A of K•••••• C•••••• M••••••••• ••• L••••••
        Mar 30, 2020 · Control person joined · fact
      • K•••••• C•••••• M••••••••• ••• L•••••• reported RAUM $1.5B, down 33% from $2.3B (2018-04-09 to 2019-03-27)
        Mar 27, 2019 · ria raum c•••ge · derived
      • K•••••• C•••••• M••••••••• •••• L•••••• filed its initial SEC registration (Form ADV)
        Jun 1, 2012 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      K••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      +852 2815 7991reportedpublic record, Form ADV, Mar 25, 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
      Institutional managerderiveda 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