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.

SEC-registered adviser

Enlightenment Capital

Asset manager (funds and pooled vehicles)Chevy Chase, MarylandCRD 166422SEC 801-110930websiteIAPD
Legal name Enlightenment Capital, LLC
Latest filing Apr 24, 2026
First filing on the tape Jun 29, 2017 · 16 filings
SEC status approved since Jul 31, 2017
RAUM
$2.1B
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
18
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
14
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$2.1B as of Apr 24, 2026
Mar 30, 2018$180M then
HNW client RAUM$0 as of Apr 24, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Apr 24, 2026
Mar 30, 20180 then
Employees (5.A)18 as of Apr 24, 2026
Mar 30, 20187 then
Private funds14 as of Apr 24, 2026
Mar 30, 20185 then
RAUM -9.4% over the last fiscal year+21% a year over threeIARs 0 to 0offices 1 to 0
Practice profile
derived from the filing of Apr 24, 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
$132MderivedRAUM 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
-9.4%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
$2.1B, 16 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)
  • 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$2.1B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
16reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$2.1B for 16 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
      18 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Enlightenment Capital Solutions Fund IV, L.P.Private Equity Fund$701M233Mar 31, 2023
      Enlightenment Capital Solutions Fund III, L.P.Private Equity Fund$507M78Mar 30, 2019
      Enlightenment Capital Solutions Sbic Fund, L.P.Private Equity Fund$275M84Mar 30, 2019
      Inferno Coinvest Spv, L.P.Private Equity Fund$97.7M30Mar 29, 2024
      Enlightenment Capital Solutions Fund III-P, L.P.Private Equity Fund$60.6M94Mar 30, 2019
      Arclight Coinvest Spv, L.P.Private Equity Fund$55.9M11Mar 29, 2024
      Enlightenment Capital Solutions Fund II, L.P.Private Equity Fund$30.1M87May 8, 2015
      Enlightenment Capital Solutions Fund Spv I, L.P.Private Equity Fund$17.6M2May 8, 2015
      Trowbridge Coinvest Spv, L.P.Private Equity Fund$15.8M3Mar 30, 2020
      System High Coinvest Spv, L.P.Private Equity Fund$9.1M3Mar 30, 2020
      Hulk Coinvest Spv, L.P.Private Equity Fund$4.8M3Mar 31, 2021
      Cybercore Coinvest Spv, L.P.no longer reportedPrivate Equity Fund$3.1M2Mar 30, 2018
      Rr Coinvest Spv, L.P.Private Equity Fund$2.8M3Mar 31, 2023
      Enlightenment Capital Solutions Fund I, LPPrivate Equity Fund$2.5M87May 8, 2015
      Everwatch Coinvest III Spv, L.P.Private Equity Fund$286,3344Mar 31, 2021
      Enlightenment Capital Solutions Fund II - Nq, L.P.Private Equity Fund$279,54117Mar 31, 2017
      Everwatch Coinvest Spv, L.P.Private Equity Fund$02Mar 30, 2019
      Everwatch Coinvest II Spv, L.P.Private Equity Fund$04Mar 31, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • Scott Jeffrey Guffey · Chief Compliance Officer And Chief Financial Officercontrol
        since 06/2017 · owns less than 5%
      • Frederick Jason Rigoli · Partnercontrol
        since 02/2016 · owns less than 5%
      • Lloyd Devin Talbott · Managing Partner And Managing Membercontrol
        since 01/2012 · owns 75% or more
      Related persons
      Schedule D 7.A
      • Enlightenment Capital Partners I Gp, LLC
        pooled vehicle sponsorn
      • Enlightenment Capital Partners II Gp, LLC
        pooled vehicle sponsorn
      • Enlightenment Capital Partners III Gp, LLC
        pooled vehicle sponsorn
      • Enlightenment Capital Partners IV Gp, LLC
        pooled vehicle sponsorn
      • Enlightenment Capital Partners V Gp, LLC
        pooled vehicle sponsorn
      • Enlightenment Capital Sbic Gp, LLC
        pooled vehicle sponsorn
      • Enlightenment Coinvest Gp, LLC
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Assets in custody · $2.3B to $2.1B
        Jun 26, 2025 to Mar 31, 2026
      • Employees · 15 to 18
        Jun 26, 2025 to Mar 31, 2026
      • Discretionary RAUM · $2.3B to $2.1B
        Jun 26, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $2.3B to $2.1B
        Jun 26, 2025 to Mar 31, 2026
      • RAUM · $2.3B to $2.1B
        Jun 26, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to Jun 26, 2025
      • Other offices · 1 to 0
        Mar 31, 2025 to Jun 26, 2025
      • Accounts · 17 to 16
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 17 to 16
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $1.6B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 15 to 14
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.6B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.6B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $1.6B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 11 to 13
        Apr 28, 2023 to Mar 29, 2024
      • Assets in custody · $1.2B to $1.6B
        Apr 28, 2023 to Mar 29, 2024
      • Employees · 12 to 15
        Apr 28, 2023 to Mar 29, 2024
      • Discretionary RAUM · $1.2B to $1.6B
        Apr 28, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.2B to $1.6B
        Apr 28, 2023 to Mar 29, 2024
      • RAUM · $1.2B to $1.6B
        Apr 28, 2023 to Mar 29, 2024
      • Accounts · 15 to 17
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 9 to 11
        Mar 31, 2022 to Mar 31, 2023
      • BD registered reps · 1 to 0
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 15 to 17
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $790M to $1.2B
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 10 to 12
        Mar 31, 2022 to Mar 31, 2023
      • Other offices · 0 to 1
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 13 to 15
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $790M to $1.2B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $790M to $1.2B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $790M to $1.2B
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $684M to $790M
        Apr 1, 2021 to Mar 31, 2022
      • Discretionary RAUM · $684M to $790M
        Apr 1, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $684M to $790M
        Apr 1, 2021 to Mar 31, 2022
      • RAUM · $684M to $790M
        Apr 1, 2021 to Mar 31, 2022
      • Accounts · 12 to 15
        Apr 1, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 12 to 15
        Apr 1, 2020 to Mar 31, 2021
      • Assets in custody · $510M to $684M
        Apr 1, 2020 to Mar 31, 2021
      • Private funds · 10 to 13
        Apr 1, 2020 to Mar 31, 2021
      • Discretionary RAUM · $510M to $684M
        Apr 1, 2020 to Mar 31, 2021
      Signals
      6 dated events
      • Enlightenment Capital reported RAUM $2.3B, up 45% from $1.6B (2024-03-29 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Enlightenment Capital reported RAUM $1.6B, up 33% from $1.2B (2023-04-28 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Enlightenment Capital reported RAUM $1.2B, up 53% from $790.0M (2022-03-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Enlightenment Capital reported RAUM $684.3M, up 34% from $510.0M (2020-04-01 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Enlightenment Capital reported RAUM $496.7M, up 177% from $179.5M (2018-03-30 to 2019-03-30)
        Mar 30, 2019 · RAUM change · derived
      • Enlightenment Capital filed its initial SEC registration (Form ADV)
        Jun 29, 2017 · First SEC registration · fact
      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/2837168reportedpublic record, Form ADV, Sep 17, 2026
      Website
      ENLIGHTENMENT-CAP.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      240-752-9616reportedpublic record, Form ADV, Apr 24, 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