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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
V••••• F•••• C•••••• M•••••••••
Legal name V••••• F•••• C•••••• M••••••••• L•
Latest filing Mar 30, 2026
First filing on the tape Jun 30, 2017 · 15 filings
SEC status approved since Aug 9, 2017
RAUM
$4.4B
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
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$4.4B as of Mar 30, 2026
Mar 30, 2018$279M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20180 then
Employees (5.A)9 as of Mar 30, 2026
Mar 30, 20185 then
Private funds3 as of Mar 30, 2026
Mar 30, 20181 then
RAUM -3.2% over the last fiscal year+19% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 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
- $1.1BderivedRAUM 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
- -3.2%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
- 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)
- 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$4.4B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4reported
- 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=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
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B•• V••••• F•••• M••••• F•••• L• | Hedge Fund | $2.1B | 1,590 | Aug 24, 2021 |
| V••••• F•••• C••••••• L••• | Hedge Fund | $1.5B | 82 | Mar 22, 2012 |
| C•• F••• I• L•••no longer reported | Hedge Fund | $22.4M | 4 | Jan 3, 2012 |
Owners and control persons
Schedule A and B, latest filing
- G••••••• S••••• · Chief Compliance Officer/Chief Financial Officercontrolsince 02/2023 · owns less than 5%
- K••••••••• D•••••• V••••••••• · Limited Partnercontrolsince 06/2017 · owns 50% to 75%
- K••••••••• D•••••• V••••••••• · Presidentcontrolsince 06/2017 · owns 75% or more of V••••• F•••• A•••••••• I•••
- K••••••••• S•••• · Trusteecontrolsince 01/2022 · owns F of D••••• V• K••••••••• 2••• F••••• T••••
- K••••••••• V••••••••• · Trusteecontrolsince 01/2022 · owns F of D••••• V• K••••••••• 2••• F••••• T••••
Entity owners
- D••••• V• K••••••••• 2••• F••••• T•••• · Limited Partnerdirect · owns 25% to 50%
- V••••• F•••• A•••••••• I••• · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- V••••• F•••• M••••••••• L••bankpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- Wayne, PA1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- private fund count surgeChange between filings · filing Mar 30, 2026private funds (Schedule D 7.B.1) moved from 2.0 to 3.0 (+50.0%) between the annual amendments of 2025-03-28 and 2026-03-30; the peer median change was 0.0% (1022 comparable advisers, 93.0th percentile of changes)peers: asset managers, $1B to $5B (1,022) · 93% percentile
What changed
consecutive filings, newest first
- Accounts · 2 to 4Dec 18, 2025 to Mar 30, 2026
- Pooled vehicle clients · 2 to 4Dec 18, 2025 to Mar 30, 2026
- Employees · 8 to 9Dec 18, 2025 to Mar 30, 2026
- Discretionary RAUM · $4.6B to $4.4BDec 18, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $4.6B to $4.4BDec 18, 2025 to Mar 30, 2026
- RAUM · $4.6B to $4.4BDec 18, 2025 to Mar 30, 2026
- Private funds · 2 to 3Mar 28, 2025 to Dec 18, 2025
- Employees · 6 to 8Mar 28, 2024 to Mar 28, 2025
- Financial planning clients · unset to Mar 28, 2024 to Mar 28, 2025
- Other offices · 1 to 0Mar 28, 2024 to Mar 28, 2025
- Discretionary RAUM · $3.6B to $4.6BMar 28, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $3.6B to $4.6BMar 28, 2024 to Mar 28, 2025
- RAUM · $3.6B to $4.6BMar 28, 2024 to Mar 28, 2025
- Employees · 7 to 6Mar 21, 2023 to Mar 28, 2024
- HQ city · WAYNE to MIAMIMar 21, 2023 to Mar 28, 2024
- HQ state · PA to FLMar 21, 2023 to Mar 28, 2024
- Other offices · 0 to 1Mar 21, 2023 to Mar 28, 2024
- Discretionary RAUM · $2.6B to $3.6BMar 21, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $2.6B to $3.6BMar 21, 2023 to Mar 28, 2024
- RAUM · $2.6B to $3.6BMar 21, 2023 to Mar 28, 2024
- Discretionary RAUM · $2.8B to $2.6BMar 30, 2022 to Mar 21, 2023
- Pooled vehicle RAUM · $2.8B to $2.6BMar 30, 2022 to Mar 21, 2023
- RAUM · $2.8B to $2.6BMar 30, 2022 to Mar 21, 2023
- Discretionary RAUM · $2.6B to $2.8BAug 24, 2021 to Mar 30, 2022
- Pooled vehicle RAUM · $2.6B to $2.8BAug 24, 2021 to Mar 30, 2022
- RAUM · $2.6B to $2.8BAug 24, 2021 to Mar 30, 2022
- Accounts · 1 to 2Jun 7, 2021 to Aug 24, 2021
- Pooled vehicle clients · 1 to 2Jun 7, 2021 to Aug 24, 2021
- Employees · 6 to 7Jun 7, 2021 to Aug 24, 2021
- Private funds · 1 to 2Jun 7, 2021 to Aug 24, 2021
- Discretionary RAUM · $1.1B to $2.6BJun 7, 2021 to Aug 24, 2021
- Pooled vehicle RAUM · $1.1B to $2.6BJun 7, 2021 to Aug 24, 2021
- RAUM · $1.1B to $2.6BJun 7, 2021 to Aug 24, 2021
- Employees · 5 to 6Dec 18, 2020 to Mar 30, 2021
- Discretionary RAUM · $543M to $1.1BDec 18, 2020 to Mar 30, 2021
- Pooled vehicle RAUM · $543M to $1.1BDec 18, 2020 to Mar 30, 2021
- RAUM · $543M to $1.1BDec 18, 2020 to Mar 30, 2021
- Business name · V••••• F•••• A••••••• to V••••• F•••• C•••••• M•••••••••Mar 29, 2019 to Mar 30, 2020
- Employees · 4 to 5Mar 29, 2019 to Mar 30, 2020
- Discretionary RAUM · $295M to $543MMar 29, 2019 to Mar 30, 2020
Signals
14 dated events
- V••••• F•••• C•••••• M••••••••• reported RAUM $4.6B, up 27% from $3.6B (2024-03-28 to 2025-03-28)Mar 28, 2025 · RAUM change · derived
- V••••• F•••• C•••••• M••••••••• reported RAUM $3.6B, up 38% from $2.6B (2023-03-21 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- S••••• G•••••• (Chief Compliance Officer/Chief Financial Officer) appeared on Schedule A of V••••• F•••• C•••••• M•••••••••Mar 21, 2023 · Control person joined · fact
- Eck Kenneth Kummerer (Chief Compliance Officer/Chief Financial Officer) no longer on Schedule A of V••••• F•••• C•••••• M••••••••• (listed 2022-03-30, absent 2023-03-21)Mar 21, 2023 · Control person left · inference
- V••••• F•••• C•••••• M••••••••• reported RAUM $2.6B, up 129% from $1.1B (2021-06-07 to 2021-08-24)Aug 24, 2021 · RAUM change · derived
- Eck Kenneth Kummerer (Chief Compliance Officer) appeared on Schedule A of V••••• F•••• C•••••• M•••••••••Jun 7, 2021 · Control person joined · fact
- C•••• L•••• (Chief Compliance Officer) no longer on Schedule A of V••••• F•••• C•••••• M••••••••• (listed 2021-03-30, absent 2021-06-07)Jun 7, 2021 · Control person left · inference
- V••••• F•••• C•••••• M••••••••• reported RAUM $1.1B, up 109% from $543.5M (2020-12-18 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Lois Janet Stott (Chief Compliance Officer) no longer on Schedule A of V••••• F•••• C•••••• M••••••••• (listed 2020-05-29, absent 2020-12-18)Dec 18, 2020 · Control person left · inference
- C•••• L•••• (Chief Compliance Officer) appeared on Schedule A of V••••• F•••• C•••••• M•••••••••Dec 18, 2020 · Control person joined · fact
- V••••••••• K••••••••• (Trustee) appeared on Schedule A of V••••• F•••• C•••••• M•••••••••May 29, 2020 · Control person joined · fact
- S•••• K••••••••• (Trustee) appeared on Schedule A of V••••• F•••• C•••••• M•••••••••May 29, 2020 · Control person joined · fact
- V••••• F•••• C•••••• M••••••••• reported RAUM $543.5M, up 84% from $294.8M (2019-03-29 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- V••••• F•••• A••••••• filed its initial SEC registration (Form ADV)Jun 30, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- V••••• F•••• C•••••• M••••••••• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- valleyforgecapital.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 305-210-6000reportedpublic record, Form ADV, Mar 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