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••

Asset manager (funds and pooled vehicles)Miami Beach, FloridaCRD 160804SEC 801-73986websiteIAPD
Legal name K••••••••• A•••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Feb 14, 2012 · 25 filings
SEC status approved since Mar 27, 2012
RAUM
$448M
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
4
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$448M as of Mar 31, 2026
Apr 1, 2013$192M 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)4 as of Mar 31, 2026
Apr 1, 201310 then
Private funds2 as of Mar 31, 2026
Apr 1, 20131 then
RAUM +1.2% over the last fiscal year-13% 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
$74.6MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+1.2%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
yesreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$448M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 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=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
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • A••••••• S••• · Managing Member / Portfolio Manager / Chief Investment Officercontrol
        since 04/2009 · owns 75% or more
      • G•• E•••••• X•••••• · Chief Financial Officer/Chief Compliance Officercontrol
        since 07/2011 · owns less than 5%
      Related persons
      Schedule D 7.A
      • K••••••••• C•••••• M••••••••• L••
        bankpooled vehicle sponsorn
      • K••••••••• L••• O••• F••• G•• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 4 to 6
        Mar 28, 2025 to Mar 31, 2026
      • Business name · K••••••••• A•••••••• L•• to K••••••••• C•••••• M••••••••• L••
        Mar 28, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 4 to 6
        Mar 28, 2025 to Mar 31, 2026
      • Discretionary RAUM · $443M to $448M
        Mar 28, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $443M to $448M
        Mar 28, 2025 to Mar 31, 2026
      • RAUM · $443M to $448M
        Mar 28, 2025 to Mar 31, 2026
      • Employees · 5 to 4
        Mar 29, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $537M to $443M
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $537M to $443M
        Mar 29, 2024 to Mar 28, 2025
      • RAUM · $537M to $443M
        Mar 29, 2024 to Mar 28, 2025
      • Advisory employees · 4 to 1
        Mar 31, 2023 to Mar 29, 2024
      • Employees · 11 to 5
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $690M to $537M
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $690M to $537M
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $690M to $537M
        Mar 31, 2023 to Mar 29, 2024
      • Advisory employees · 5 to 4
        May 2, 2022 to Mar 31, 2023
      • Employees · 12 to 11
        May 2, 2022 to Mar 31, 2023
      • Other offices · 1 to 0
        May 2, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.1B to $690M
        May 2, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.1B to $690M
        May 2, 2022 to Mar 31, 2023
      • RAUM · $1.1B to $690M
        May 2, 2022 to Mar 31, 2023
      • Other offices · 0 to 1
        Mar 29, 2022 to May 2, 2022
      • Accounts · 7 to 4
        Mar 30, 2021 to Mar 29, 2022
      • Advisory employees · 3 to 5
        Mar 30, 2021 to Mar 29, 2022
      • Pooled vehicle clients · 7 to 4
        Mar 30, 2021 to Mar 29, 2022
      • Employees · 10 to 12
        Mar 30, 2021 to Mar 29, 2022
      • Other offices · 1 to 0
        Mar 30, 2021 to Mar 29, 2022
      • Private funds · 3 to 2
        Mar 30, 2021 to Mar 29, 2022
      • Discretionary RAUM · $1.8B to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $1.8B to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • RAUM · $1.8B to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • Advisory employees · 2 to 3
        Mar 30, 2020 to Mar 30, 2021
      • Employees · 8 to 10
        Mar 30, 2020 to Mar 30, 2021
      • HQ city · NEW YORK to MIAMI BEACH
        Mar 30, 2020 to Mar 30, 2021
      • HQ state · NY to FL
        Mar 30, 2020 to Mar 30, 2021
      • Other offices · 0 to 1
        Mar 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $662M to $1.8B
        Mar 30, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $662M to $1.8B
        Mar 30, 2020 to Mar 30, 2021
      • RAUM · $662M to $1.8B
        Mar 30, 2020 to Mar 30, 2021
      Signals
      5 dated events
      • K••••••••• C•••••• M••••••••• L•• reported RAUM $689.9M, down 40% from $1.1B (2022-05-02 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • K••••••••• C•••••• M••••••••• L•• reported RAUM $1.1B, down 36% from $1.8B (2021-03-30 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      • K••••••••• C•••••• M••••••••• L•• reported RAUM $1.8B, up 173% from $661.8M (2020-03-30 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • K••••••••• C•••••• M••••••••• L•• reported RAUM $661.8M, up 108% from $317.4M (2019-03-27 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • K••••••••• C•••••• M••••••••• L•• reported RAUM $317.4M, up 71% from $186.0M (2018-03-30 to 2019-03-27)
        Mar 27, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      sahmadrangi.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-792-7999reportedpublic 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