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

R•• E••••• P•••••••• L••

Asset manager (funds and pooled vehicles)Bethesda, MarylandCRD 162006SEC 801-74617websiteIAPD
Latest filing Apr 30, 2026
First filing on the tape Mar 14, 2012 · 25 filings
SEC status approved since Mar 30, 2012
RAUM
$109M
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
3
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$109M as of Apr 30, 2026
Apr 9, 2013$258M then
HNW client RAUM$0 as of Apr 30, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Apr 30, 2026
Apr 9, 20130 then
Employees (5.A)3 as of Apr 30, 2026
Apr 9, 201310 then
Private funds2 as of Apr 30, 2026
Apr 9, 20131 then
RAUM -30% over the last fiscal year-21% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 30, 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
$54.6MderivedRAUM 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
-30%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
$98.3M, 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$109M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$98.3M 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=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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      R•• E••••• P••••••• F••• I•• L•Private Equity Fund$198M21Oct 16, 2017
      R•• E••••• P••••••• F••• I• L•Private Equity Fund$3.8M11Mar 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • R•••••• R••••• H•••• · Managing Partnercontrol
        since 01/2007 · owns less than 5%
      • J••••••• R•••••• L•••• · Managing Membercontrol
        since 12/2005 · owns 75% or more of R•• C••••••••• L••
      • H•••••••• J•••••• B•••••• · Chief Financial Officer
        since 04/2024 · owns less than 5%
      • T•••••• E•••••• F•••••• · Cco
        since 12/2013 · owns less than 5%
      Entity owners
      • R•• C••••••••• L•• · Managing Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • R•• C••••• M••••••••• L••
        pooled vehicle sponsorn
      • R•• C••••• O••••••••• F••• I• G•• L••
        pooled vehicle sponsorn
      • R•• E••••• P••••••• •• I••• L••
        pooled vehicle sponsorn
      • R•• E••••• P••••••• •••• L••
        pooled 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 25 %Change between filings · filing Apr 30, 2026
        RAUM (Item 5.F) moved from $155,091,983 to $109,129,886 (-30.0%) between the annual amendments of 2025-04-15 and 2026-04-30; the peer median change was +4.0% (1147 comparable advisers, 8.0th percentile of changes)
        peers: asset managers, $100M to $500M (1,147) · 8.3% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $102M to $98.3M
        Mar 30, 2026 to Apr 30, 2026
      • Discretionary RAUM · $113M to $109M
        Mar 30, 2026 to Apr 30, 2026
      • Pooled vehicle RAUM · $113M to $109M
        Mar 30, 2026 to Apr 30, 2026
      • RAUM · $113M to $109M
        Mar 30, 2026 to Apr 30, 2026
      • Advisory employees · 6 to 1
        Apr 15, 2025 to Mar 30, 2026
      • Assets in custody · $139M to $102M
        Apr 15, 2025 to Mar 30, 2026
      • Employees · 6 to 3
        Apr 15, 2025 to Mar 30, 2026
      • Discretionary RAUM · $155M to $113M
        Apr 15, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $155M to $113M
        Apr 15, 2025 to Mar 30, 2026
      • RAUM · $155M to $113M
        Apr 15, 2025 to Mar 30, 2026
      • Advisory employees · 8 to 6
        Apr 5, 2024 to Apr 15, 2025
      • Assets in custody · $199M to $139M
        Apr 5, 2024 to Apr 15, 2025
      • Employees · 8 to 6
        Apr 5, 2024 to Apr 15, 2025
      • Financial planning clients · unset to
        Apr 5, 2024 to Apr 15, 2025
      • Discretionary RAUM · $230M to $155M
        Apr 5, 2024 to Apr 15, 2025
      • Pooled vehicle RAUM · $230M to $155M
        Apr 5, 2024 to Apr 15, 2025
      • RAUM · $230M to $155M
        Apr 5, 2024 to Apr 15, 2025
      • Discretionary RAUM · $228M to $230M
        Mar 27, 2024 to Apr 5, 2024
      • Pooled vehicle RAUM · $228M to $230M
        Mar 27, 2024 to Apr 5, 2024
      • RAUM · $228M to $230M
        Mar 27, 2024 to Apr 5, 2024
      • Assets in custody · $166M to $199M
        Mar 30, 2023 to Mar 27, 2024
      • Discretionary RAUM · $218M to $228M
        Mar 30, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $218M to $228M
        Mar 30, 2023 to Mar 27, 2024
      • RAUM · $218M to $228M
        Mar 30, 2023 to Mar 27, 2024
      • Assets in custody · $332M to $166M
        Mar 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $332M to $218M
        Mar 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $332M to $218M
        Mar 29, 2022 to Mar 30, 2023
      • RAUM · $332M to $218M
        Mar 29, 2022 to Mar 30, 2023
      • Advisory employees · 7 to 8
        Mar 29, 2021 to Mar 29, 2022
      • Assets in custody · $318M to $332M
        Mar 29, 2021 to Mar 29, 2022
      • Employees · 7 to 8
        Mar 29, 2021 to Mar 29, 2022
      • Discretionary RAUM · $318M to $332M
        Mar 29, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $318M to $332M
        Mar 29, 2021 to Mar 29, 2022
      • RAUM · $318M to $332M
        Mar 29, 2021 to Mar 29, 2022
      • Assets in custody · $347M to $318M
        Mar 31, 2020 to Mar 29, 2021
      • Employees · 9 to 7
        Mar 31, 2020 to Mar 29, 2021
      • Discretionary RAUM · $347M to $318M
        Mar 31, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $347M to $318M
        Mar 31, 2020 to Mar 29, 2021
      • RAUM · $347M to $318M
        Mar 31, 2020 to Mar 29, 2021
      • Advisory employees · 6 to 7
        Apr 29, 2019 to Mar 31, 2020
      Signals
      1 dated events
      • R•• E••••• P•••••••• L•• reported RAUM $217.6M, down 34% from $332.2M (2022-03-29 to 2023-03-30)
        Mar 30, 2023 · 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/rlj-equity-partnersreportedpublic record, Form ADV, Sep 19, 2026
      Website
      w••.r•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      240-744-7856reportedpublic record, Form ADV, Apr 30, 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