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

Euphrates Advisors

Asset manager (funds and pooled vehicles)Washington, District of ColumbiaCRD 167257SEC 801-126113websiteIAPD
Legal name Euphrates Advisors LLC
Latest filing Mar 10, 2026
First filing on the tape Jun 16, 2022 · 6 filings
SEC status approved since Jul 19, 2022
RAUM
$539M
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
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$539M as of Mar 10, 2026
Mar 3, 2023$228M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 10, 2026
Mar 3, 20230 then
Employees (5.A)5 as of Mar 10, 2026
Mar 3, 20234 then
Private funds3 as of Mar 10, 2026
Mar 3, 20232 then
RAUM -2.2% over the last fiscal year+33% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 10, 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
$180MderivedRAUM 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
-2.2%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
Custody
$539M, 3 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
  • 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)
  • 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$539M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$539M for 3 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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Euphrates Iraq Fund Ltd.Hedge Fund$352M135Apr 8, 2013
      Euphrates Ventures LPVenture Capital Fund$20.2M17Mar 24, 2022
      Euphrates Fund III Ltd.no longer reportedHedge Fund$7.5M1Mar 20, 2014
      Euphrates Fund II Ltd.no longer reportedHedge Fund$6.7M1Apr 8, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Samuel Geoffrey Batt · Managing Partnercontrol
        since 04/2010 · owns 50% to 75%
      • Daniel Cloud · Principalcontrol
        since 04/2010 · owns 5% to 10%
      • Patrick Grant Felgenhauer · Managing Partner & Ccocontrol
        since 04/2012 · owns 25% to 50%
      • Ibrahim Shwan Taha · Principal
        since 04/2010 · owns 5% to 10%
      Related persons
      Schedule D 7.A
      • Euphrates Ventures Gp LLC
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $551M to $539M
        Mar 12, 2025 to Mar 10, 2026
      • Discretionary RAUM · $551M to $539M
        Mar 12, 2025 to Mar 10, 2026
      • Pooled vehicle RAUM · $551M to $539M
        Mar 12, 2025 to Mar 10, 2026
      • RAUM · $551M to $539M
        Mar 12, 2025 to Mar 10, 2026
      • Accounts · 2 to 3
        Feb 13, 2024 to Mar 12, 2025
      • Pooled vehicle clients · 2 to 3
        Feb 13, 2024 to Mar 12, 2025
      • Assets in custody · $372M to $551M
        Feb 13, 2024 to Mar 12, 2025
      • Employees · 4 to 5
        Feb 13, 2024 to Mar 12, 2025
      • Financial planning clients · unset to
        Feb 13, 2024 to Mar 12, 2025
      • Private funds · 2 to 3
        Feb 13, 2024 to Mar 12, 2025
      • Discretionary RAUM · $372M to $551M
        Feb 13, 2024 to Mar 12, 2025
      • Pooled vehicle RAUM · $372M to $551M
        Feb 13, 2024 to Mar 12, 2025
      • RAUM · $372M to $551M
        Feb 13, 2024 to Mar 12, 2025
      • Assets in custody · $228M to $372M
        Feb 12, 2024 to Feb 13, 2024
      • Discretionary RAUM · $228M to $372M
        Mar 3, 2023 to Feb 12, 2024
      • Pooled vehicle RAUM · $228M to $372M
        Mar 3, 2023 to Feb 12, 2024
      • RAUM · $228M to $372M
        Mar 3, 2023 to Feb 12, 2024
      • Assets in custody · $199M to $228M
        Jun 16, 2022 to Mar 3, 2023
      • Private funds · 4 to 2
        Jun 16, 2022 to Mar 3, 2023
      • Discretionary RAUM · $199M to $228M
        Jun 16, 2022 to Mar 3, 2023
      • Pooled vehicle RAUM · $199M to $228M
        Jun 16, 2022 to Mar 3, 2023
      • RAUM · $199M to $228M
        Jun 16, 2022 to Mar 3, 2023
      Signals
      3 dated events
      • Euphrates Advisors reported RAUM $551.0M, up 48% from $372.1M (2024-02-13 to 2025-03-12)
        Mar 12, 2025 · RAUM change · derived
      • Euphrates Advisors reported RAUM $372.1M, up 64% from $227.5M (2023-03-03 to 2024-02-12)
        Feb 12, 2024 · RAUM change · derived
      • Euphrates Advisors filed its initial SEC registration (Form ADV)
        Jun 16, 2022 · 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
      Website
      EUPH.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      202-507-6380reportedpublic record, Form ADV, Mar 10, 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