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

B•••••• B••••••• M••••••••• C•••••• L•••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 161083SEC 801-73428websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Feb 13, 2012 · 22 filings
SEC status approved since Mar 30, 2012
RAUM
$1.9B
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
15
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$1.9B as of Mar 17, 2026
Mar 15, 2013$1.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 17, 2026
Mar 15, 20130 then
Employees (5.A)15 as of Mar 17, 2026
Mar 15, 201312 then
Private funds3 as of Mar 17, 2026
Mar 15, 20134 then
RAUM +40% over the last fiscal year+20% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 17, 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
$649MderivedRAUM 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
+40%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 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)
  • 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$1.9B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3reported
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=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
      9 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••••• C•••••• M•••••• C• L•••Private Equity Fund$683M40Mar 25, 2022
      B•••••• C•••••• V• L•••Private Equity Fund$455M60Mar 27, 2018
      B•••••• C•••••• V•• L•••Private Equity Fund$160M32Mar 13, 2024
      B•••••• C•••••• I• L•••Private Equity Fund$73.3M19Feb 13, 2012
      B•••••• C•••••• P•• L•••Private Equity Fund$45.1M27Jul 31, 2012
      B•••••• C•••••• I• L•••no longer reportedPrivate Equity Fund$14.9M23Feb 13, 2012
      B•••••• C•••••• I•• L•••no longer reportedPrivate Equity Fund$9.4M64Feb 13, 2012
      S•••••••• E••••••••• F••• I• L•••no longer reportedPrivate Equity Fund$1.5M39Feb 13, 2012
      S•••••••• E••••••••• F••• I•• L•••no longer reportedPrivate Equity Fund$432,46154Feb 13, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• G••••• G••••• · Managing Partnercontrol
        since 02/1991 · owns 50% to 75%
      • L•••••••• S••••• P••• · Managing Partnercontrol
        since 12/2019 · owns 50% to 75%
      • B••••••• G••••• G••••• · Managing Member And Co-Presidentcontrol
        since 08/2023 · owns 50% to 75% of B•••••• B••••••• M••••••••• C•••••• G•• L••
      • L•••••••• S••••• P••• · Managing Member And Co-Presidentcontrol
        since 08/2023 · owns 50% to 75% of B•••••• B••••••• M••••••••• C•••••• G•• L••
      • D•••••• G•••• K•••• · Chief Compliance Officer, Chief Financial Officer, Director
        since 01/2012 · owns less than 5%
      Entity owners
      • B•••••• B••••••• M••••••••• C•••••• G•• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • B•••••• B••••••• M•••••• C• L•••••
        investment adviserpooled vehicle sponsorn
      • B•••••• B••••••• V• L•••••
        investment adviserpooled vehicle sponsorn
      • B•••••• B••••••• V•• L•••••
        investment adviserpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 11 to 12
        Mar 13, 2025 to Mar 17, 2026
      • Employees · 14 to 15
        Mar 13, 2025 to Mar 17, 2026
      • Discretionary RAUM · $1.4B to $1.9B
        Mar 13, 2025 to Mar 17, 2026
      • Pooled vehicle RAUM · $1.4B to $1.9B
        Mar 13, 2025 to Mar 17, 2026
      • RAUM · $1.4B to $1.9B
        Mar 13, 2025 to Mar 17, 2026
      • Advisory employees · 12 to 11
        Mar 27, 2024 to Mar 13, 2025
      • Employees · 15 to 14
        Mar 27, 2024 to Mar 13, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 13, 2025
      • Discretionary RAUM · $1.3B to $1.4B
        Mar 27, 2024 to Mar 13, 2025
      • Pooled vehicle RAUM · $1.3B to $1.4B
        Mar 27, 2024 to Mar 13, 2025
      • RAUM · $1.3B to $1.4B
        Mar 27, 2024 to Mar 13, 2025
      • Discretionary RAUM · $1.1B to $1.3B
        Mar 13, 2024 to Mar 27, 2024
      • Pooled vehicle RAUM · $1.1B to $1.3B
        Mar 13, 2024 to Mar 27, 2024
      • RAUM · $1.1B to $1.3B
        Mar 13, 2024 to Mar 27, 2024
      • Accounts · 4 to 3
        Aug 29, 2023 to Mar 13, 2024
      • Pooled vehicle clients · 4 to 3
        Aug 29, 2023 to Mar 13, 2024
      • Employees · 14 to 15
        Aug 29, 2023 to Mar 13, 2024
      • Private funds · 4 to 3
        Aug 29, 2023 to Mar 13, 2024
      • Discretionary RAUM · $1.1B to $1.1B
        Aug 29, 2023 to Mar 13, 2024
      • Pooled vehicle RAUM · $1.1B to $1.1B
        Aug 29, 2023 to Mar 13, 2024
      • RAUM · $1.1B to $1.1B
        Aug 29, 2023 to Mar 13, 2024
      • Organization form · Corporation to Limited Partnership
        Mar 23, 2023 to Aug 29, 2023
      • Succession · false to true
        Mar 23, 2023 to Aug 29, 2023
      • Business name · B•••••• B••••••• M••••••••• C•••• to B•••••• B••••••• M••••••••• C•••••• L•••
        Aug 29, 2023 to Aug 29, 2023
      • Legal name · B•••••• B••••••• M••••••••• C•••• to B•••••• B••••••• M••••••••• C•••••• L•••
        Aug 29, 2023 to Aug 29, 2023
      • Succession · true to false
        Aug 29, 2023 to Aug 29, 2023
      • Advisory employees · 11 to 12
        Mar 25, 2022 to Mar 23, 2023
      • Employees · 13 to 14
        Mar 25, 2022 to Mar 23, 2023
      • Discretionary RAUM · $2.1B to $1.1B
        Mar 25, 2022 to Mar 23, 2023
      • Pooled vehicle RAUM · $2.1B to $1.1B
        Mar 25, 2022 to Mar 23, 2023
      • RAUM · $2.1B to $1.1B
        Mar 25, 2022 to Mar 23, 2023
      • Accounts · 3 to 4
        Jul 5, 2021 to Mar 25, 2022
      • Advisory employees · 12 to 11
        Jul 5, 2021 to Mar 25, 2022
      • Pooled vehicle clients · 3 to 4
        Jul 5, 2021 to Mar 25, 2022
      • Employees · 14 to 13
        Jul 5, 2021 to Mar 25, 2022
      • Private funds · 3 to 4
        Jul 5, 2021 to Mar 25, 2022
      • Discretionary RAUM · $1.6B to $2.1B
        Jul 5, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · $1.6B to $2.1B
        Jul 5, 2021 to Mar 25, 2022
      • RAUM · $1.6B to $2.1B
        Jul 5, 2021 to Mar 25, 2022
      • Other offices · 1 to 0
        Mar 15, 2021 to Jul 5, 2021
      Signals
      7 dated events
      • B•••••• B••••••• M••••••••• C•••••• L••• reported RAUM $1.9B, up 40% from $1.4B (2025-03-13 to 2026-03-17)
        Mar 17, 2026 · RAUM change · derived
      • B•••••• B••••••• M••••••••• C•••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Aug 29, 2023 · Succession (Item 4) · fact
      • B•••••• B••••••• M••••••••• C•••••• L••• reported RAUM $1.1B, down 47% from $2.1B (2022-03-25 to 2023-03-23)
        Mar 23, 2023 · RAUM change · derived
      • B•••••• B••••••• M••••••••• C•••••• L••• reported RAUM $2.1B, up 32% from $1.6B (2021-07-05 to 2022-03-25)
        Mar 25, 2022 · RAUM change · derived
      • Merrill William Matthes (Vice President And Managing Partner) no longer on Schedule A of B•••••• B••••••• M••••••••• C•••••• L••• (listed 2021-03-15, absent 2021-07-05)
        Jul 5, 2021 · Control person left · inference
      • Paul Simon Lonergan (Managing Partner) appeared on Schedule A of B•••••• B••••••• M••••••••• C•••••• L•••
        Mar 11, 2020 · Control person joined · fact
      • B•••••• B••••••• M••••••••• C•••••• L••• reported RAUM $1.2B, up 56% from $783.4M (2017-03-21 to 2018-03-27)
        Mar 27, 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/behrman-capitalreportedpublic record, Form ADV, Sep 19, 2026
      Website
      B••••••CAP.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212 980-6500reportedpublic record, Form ADV, Mar 17, 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