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••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 161041SEC 801-73989websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 14, 2012 · 19 filings
SEC status approved since Mar 30, 2012
RAUM
$158M
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
9
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$158M as of Mar 31, 2026
Mar 28, 2013$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20130 then
Employees (5.A)9 as of Mar 31, 2026
Mar 28, 201310 then
Private funds2 as of Mar 31, 2026
Mar 28, 20135 then
RAUM -75% over the last fiscal year-42% 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
$79.1MderivedRAUM 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
-75%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
$158M, 2 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
  • 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$158M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$158M for 2 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
      5 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H• P••••••• L•Hedge Fund$487M61Feb 14, 2012
      H• O••••••• F••• L•••Hedge Fund$231M25Feb 14, 2012
      P• H• P••••••• L••no longer reportedHedge Fund$118M10Feb 14, 2012
      P• T•••• P••• F••• L•••no longer reportedHedge Fund$53.0M4Feb 14, 2012
      H• P••••••• P•••••• S•• F••• L•no longer reportedHedge Fund$15.8M2Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• L••••• J••••• · Chief Operating Officer / Chief Compliance Officer (02/2012)control
        since 11/2007 · owns less than 5%
      • J•••••• R••••• A••• · Managing Member (H Partners P•••••• Capital LLC--General Partner/Spv)control
        since 01/2007 · owns 75% or more
      Related persons
      Schedule D 7.A
      • H• P••••••• C•••••• L••
        investment adviserbankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $639,948,204 to $158,137,726 (-75.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was +4.0% (1147 comparable advisers, 1.0th percentile of changes)
        peers: asset managers, $100M to $500M (1,147) · 1.4% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $640M to $158M
        Mar 28, 2025 to Mar 31, 2026
      • Employees · 10 to 9
        Mar 28, 2025 to Mar 31, 2026
      • Discretionary RAUM · $640M to $158M
        Mar 28, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $640M to $158M
        Mar 28, 2025 to Mar 31, 2026
      • RAUM · $640M to $158M
        Mar 28, 2025 to Mar 31, 2026
      • Assets in custody · $718M to $640M
        Mar 28, 2024 to Mar 28, 2025
      • Financial planning clients · 0 to 0
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $718M to $640M
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $718M to $640M
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $718M to $640M
        Mar 28, 2024 to Mar 28, 2025
      • Assets in custody · $792M to $718M
        Mar 30, 2023 to Mar 28, 2024
      • Discretionary RAUM · $792M to $718M
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $792M to $718M
        Mar 30, 2023 to Mar 28, 2024
      • RAUM · $792M to $718M
        Mar 30, 2023 to Mar 28, 2024
      • Assets in custody · $1.1B to $792M
        Mar 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $1.1B to $792M
        Mar 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $1.1B to $792M
        Mar 29, 2022 to Mar 30, 2023
      • RAUM · $1.1B to $792M
        Mar 29, 2022 to Mar 30, 2023
      • Assets in custody · $814M to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • Employees · 11 to 10
        Mar 30, 2021 to Mar 29, 2022
      • Discretionary RAUM · $814M to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $814M to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • RAUM · $814M to $1.1B
        Mar 30, 2021 to Mar 29, 2022
      • Assets in custody · $769M to $814M
        Mar 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $769M to $814M
        Mar 30, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $769M to $814M
        Mar 30, 2020 to Mar 30, 2021
      • RAUM · $769M to $814M
        Mar 30, 2020 to Mar 30, 2021
      • Advisory employees · 7 to 6
        Mar 29, 2019 to Mar 30, 2020
      • Assets in custody · $960M to $769M
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $960M to $769M
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $960M to $769M
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $960M to $769M
        Mar 29, 2019 to Mar 30, 2020
      • Accounts · 3 to 2
        Apr 10, 2018 to Mar 29, 2019
      • Advisory employees · 8 to 7
        Apr 10, 2018 to Mar 29, 2019
      • Pooled vehicle clients · 3 to 2
        Apr 10, 2018 to Mar 29, 2019
      • Assets in custody · $1.3B to $960M
        Apr 10, 2018 to Mar 29, 2019
      • Employees · 12 to 11
        Apr 10, 2018 to Mar 29, 2019
      • Private funds · 3 to 2
        Apr 10, 2018 to Mar 29, 2019
      • Discretionary RAUM · $1.4B to $960M
        Apr 10, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $1.4B to $960M
        Apr 10, 2018 to Mar 29, 2019
      Signals
      4 dated events
      • H• P••••••• M••••••••• L•• reported RAUM $158.1M, down 75% from $639.9M (2025-03-28 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • H• P••••••• M••••••••• L•• reported RAUM $792.0M, down 26% from $1.1B (2022-03-29 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • H• P••••••• M••••••••• L•• reported RAUM $1.1B, up 31% from $813.7M (2021-03-30 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      • H• P••••••• M••••••••• L•• reported RAUM $959.8M, down 34% from $1.4B (2018-04-10 to 2019-03-29)
        Mar 29, 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
      w••.h•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-265-4200reportedpublic 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