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

L••••• C•••••• P•••••••

ASSET M••••••Chicago, IllinoisCRD 161059SEC 801-74100websiteIAPD
Legal name L••••• M•••••• L••
Latest filing Mar 25, 2026
First filing on the tape Feb 14, 2012 · 29 filings
SEC status approved since Mar 11, 2012
RAUM
$14B
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
55
47 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
28
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$14B as of Mar 25, 2026
Mar 28, 2013$516M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 28, 20130 then
Employees (5.A)55 as of Mar 25, 2026
Mar 28, 201313 then
Private funds28 as of Mar 25, 2026
Mar 28, 20134 then
RAUM +11% over the last fiscal year+20% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 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
$498MderivedRAUM 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
+11%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$25.0M, 5 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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$14B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
28reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$25.0M for 5 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
      25 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      L••••• C•••••• P••••••• V•• L•Private Equity Fund$1.7B113Mar 29, 2022
      L••••• C•••••• P••••••• I••• L•Private Equity Fund$1.3B47Mar 31, 2018
      L••••• C•••••• P••••••• V• L•Private Equity Fund$1.1B107Mar 29, 2022
      L••••• C•••••• P••••••• I• L•Private Equity Fund$969M79Mar 31, 2018
      L••••• O••••••••• F••• L•Private Equity Fund$581M54Mar 30, 2023
      A••••••••• B•••••• H•••••••• L••no longer reportedPrivate Equity Fund$411M2Mar 29, 2022
      L••••• C•••••• P••••••• I•• L•Private Equity Fund$377M72Mar 30, 2015
      L••••• S••••••••• C•••••• F••• L•Private Equity Fund$369M62Mar 27, 2020
      L••••• C•••••• P••••••• I•••• L•Private Equity Fund$326M20Mar 30, 2015
      L••••• I••••••••• L•no longer reportedPrivate Equity Fund$253M7Mar 31, 2018
      L••••• S••••••••• C•••••• F••• I• L•Private Equity Fund$232M31Mar 30, 2023
      L••••• C•••••• P••••••• V•• A•• L•Private Equity Fund$218M112Mar 30, 2023
      L••••• M••• F••• A••••••••• L•no longer reportedPrivate Equity Fund$212M3Mar 29, 2021
      L••••• C•••••• P••••••• I• L•Private Equity Fund$209M52Feb 14, 2012
      L••••• C•••••• P••••••• V• A•• L•Private Equity Fund$139M107Mar 30, 2023
      L••••• S••••••••• C•••••• F••••• L•Private Equity Fund$120M14Mar 27, 2020
      L••••• C••••••••• V• L•Private Equity Fund$91.8M29Mar 29, 2022
      L••••• C••••••••• V•• L•Private Equity Fund$69.5M35Mar 29, 2022
      L••••• A••••• A••••••••• L•no longer reportedPrivate Equity Fund$31.7M3Mar 29, 2021
      L••••• C•••••• P••••••• I••• L•Private Equity Fund$31.1M10Feb 14, 2012
      L••••• S••••••••• C•••••• F••• I••• L•Private Equity Fund$28.1M14Mar 30, 2023
      L••••• E••••••••• L•• • S••••• 1•Private Equity Fund$25.4M38Mar 29, 2022
      L••••• A••••••••• E••••••• F••• L••Private Equity Fund$418,80011Mar 30, 2023
      L••••• C•••••• P••••••••• L•no longer reportedPrivate Equity Fund$9,0005Feb 14, 2012
      L••••• C•••••• P••••••• L•no longer reportedPrivate Equity Fund$066Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • D••••• A••••••• B•••••• · Co-Founder & Presidentcontrol
        since 06/2004 · owns less than 5%
      • M•••••• B••••• C••••••••• · Co-Founder & Partnercontrol
        since 06/2004 · owns less than 5%
      • R•••••• J•••••••• C•••• · General Counselcontrol
        since 04/2024 · owns less than 5%
      • V••••••••• D•••••••• W••••• · Chief Compliance Officer & Chief Financial Officercontrol
        since 06/2010 · owns less than 5%
      • D••••• A••••••• B•••••• · Membercontrol
        since 01/2024 · owns 50% to 75% of L••••• H••••••• P••••• G• L••
      • D••••• A••••••• B•••••• · Limited Partnercontrol
        since 05/2024 · owns 50% to 75% of L••••• M• H••••• L•
      • M•••••• B••••• C••••••••• · Limited Partnercontrol
        since 05/2024 · owns 25% to 50% of L••••• M• H••••• L•
      • M•••••• B••••• C••••••••• · Membercontrol
        since 01/2024 · owns 25% to 50% of L••••• H••••••• P••••• G• L••
      Entity owners
      • L••••• H••••••• P••••• L• · Sole Member
        direct · owns 75% or more
      • L••••• H••••••• P••••• G• L•• · General Partner
        indirect · owns F of L••••• M• H••••• L•
      • L••••• H••••••• P••••• G• L•• · General Partner
        indirect · owns F of L••••• H••••••• P••••• L•
      • L••••• M• H••••• L• · Limited Partner
        indirect · owns 75% or more of L••••• H••••••• P••••• L•
      Related persons
      Schedule D 7.A
      • L••••• M•••••• I• L•
        pooled vehicle sponsorn
      • L••••• M•••••• I•• L•
        pooled vehicle sponsorn
      • L••••• M•••••• I• L•
        pooled vehicle sponsorn
      • L••••• M•••••• L•
        pooled vehicle sponsorn
      • L••••• M•••••• V• A•• L•
        pooled vehicle sponsorn
      • L••••• M•••••• V• L•
        pooled vehicle sponsorn
      • L••••• O••••••••• F••• G• L•
        pooled vehicle sponsorn
      • L••••• S•• M•••••• I• L•
        pooled vehicle sponsorn
      • L••••• S•• M•••••• L•
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 23 to 28
        Oct 16, 2025 to Mar 25, 2026
      • Advisory employees · 42 to 47
        Oct 16, 2025 to Mar 25, 2026
      • Charity clients · 0.0 to unset
        Oct 16, 2025 to Mar 25, 2026
      • Corporate clients · 0.0 to unset
        Oct 16, 2025 to Mar 25, 2026
      • HNW clients · 0.0 to unset
        Oct 16, 2025 to Mar 25, 2026
      • Individual clients · 0.0 to unset
        Oct 16, 2025 to Mar 25, 2026
      • Pension plan clients · 0.0 to unset
        Oct 16, 2025 to Mar 25, 2026
      • Pooled vehicle clients · 23 to 28
        Oct 16, 2025 to Mar 25, 2026
      • Assets in custody · $20.2M to $25.0M
        Oct 16, 2025 to Mar 25, 2026
      • Employees · 49 to 55
        Oct 16, 2025 to Mar 25, 2026
      • Private funds · 23 to 28
        Oct 16, 2025 to Mar 25, 2026
      • Discretionary RAUM · $13B to $14B
        Oct 16, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $13B to $14B
        Oct 16, 2025 to Mar 25, 2026
      • RAUM · $13B to $14B
        Oct 16, 2025 to Mar 25, 2026
      • Accounts · 19 to 23
        Aug 15, 2024 to Mar 29, 2025
      • Advisory employees · 40 to 42
        Aug 15, 2024 to Mar 29, 2025
      • Pooled vehicle clients · 19 to 23
        Aug 15, 2024 to Mar 29, 2025
      • Assets in custody · $14.4M to $20.2M
        Aug 15, 2024 to Mar 29, 2025
      • Employees · 40 to 49
        Aug 15, 2024 to Mar 29, 2025
      • Financial planning clients · unset to
        Aug 15, 2024 to Mar 29, 2025
      • Private funds · 19 to 23
        Aug 15, 2024 to Mar 29, 2025
      • Discretionary RAUM · $7.9B to $13B
        Aug 15, 2024 to Mar 29, 2025
      • Pooled vehicle RAUM · $7.9B to $13B
        Aug 15, 2024 to Mar 29, 2025
      • RAUM · $7.9B to $13B
        Aug 15, 2024 to Mar 29, 2025
      • Advisory employees · 39 to 40
        Sep 27, 2023 to Mar 26, 2024
      • Assets in custody · $11.5M to $14.4M
        Sep 27, 2023 to Mar 26, 2024
      • Employees · 39 to 40
        Sep 27, 2023 to Mar 26, 2024
      • Discretionary RAUM · $8.0B to $7.9B
        Sep 27, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $8.0B to $7.9B
        Sep 27, 2023 to Mar 26, 2024
      • RAUM · $8.0B to $7.9B
        Sep 27, 2023 to Mar 26, 2024
      • Accounts · 17 to 19
        Nov 28, 2022 to Mar 30, 2023
      • Advisory employees · 23 to 39
        Nov 28, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 17 to 19
        Nov 28, 2022 to Mar 30, 2023
      • Assets in custody · $4.6M to $11.5M
        Nov 28, 2022 to Mar 30, 2023
      • Employees · 31 to 39
        Nov 28, 2022 to Mar 30, 2023
      • Private funds · 17 to 19
        Nov 28, 2022 to Mar 30, 2023
      • Discretionary RAUM · $8.0B to $8.0B
        Nov 28, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $8.0B to $8.0B
        Nov 28, 2022 to Mar 30, 2023
      • RAUM · $8.0B to $8.0B
        Nov 28, 2022 to Mar 30, 2023
      • Discretionary RAUM · $8.0B to $8.0B
        Mar 29, 2022 to May 6, 2022
      Signals
      5 dated events
      • L••••• C•••••• P••••••• reported RAUM $12.5B, up 58% from $7.9B (2024-08-15 to 2025-03-29)
        Mar 29, 2025 · RAUM change · derived
      • Craig Jonathan Romick (General Counsel) appeared on Schedule A of L••••• C•••••• P•••••••
        Aug 15, 2024 · Control person joined · fact
      • L••••• C•••••• P••••••• reported RAUM $8.0B, up 94% from $4.1B (2021-04-22 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      • Eric John Neal (Special Member) no longer on Schedule A of L••••• C•••••• P••••••• (listed 2018-03-31, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • L••••• C•••••• P••••••• reported RAUM $2.9B, up 91% from $1.5B (2017-11-09 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/linden-llcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      l•••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-506-5600reportedpublic 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
      ASSET M••••••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