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

I• S•••••• C•••••• A••••••• ••• L••

Asset manager (funds and pooled vehicles)Miami, FloridaCRD 168339SEC 801-78269websiteIAPD
Latest filing Mar 28, 2026
First filing on the tape Jun 25, 2013 · 29 filings
SEC status approved since Jul 5, 2013
RAUM
$60B
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
331
113 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
123
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$60B as of Mar 28, 2026
Mar 31, 2014$555M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 28, 2026
Mar 31, 20140 then
Employees (5.A)331 as of Mar 28, 2026
Mar 31, 201420 then
Private funds123 as of Mar 28, 2026
Mar 31, 20142 then
RAUM +0.0% over the last fiscal year+7.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 28, 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
$791MderivedRAUM 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
unknownderived9 offices incl. principal (1.F.5)
RAUM growth, one year
+0.0%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
$49B, 76 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 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$60B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
76reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$49B for 76 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
      88 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      I•• G••••• I••••••••• F••• I••• L•••Private Equity Fund$8.5B123Mar 29, 2021
      I•• G••••• I••••••••• F••• I•• L•••Private Equity Fund$4.5B45Mar 31, 2018
      I•• G••••• I••••••••• F••• I•• •••• L•••Private Equity Fund$4.1B82Mar 29, 2021
      I•• G••••• I••••••••• F••• I•• ••••• L•••Private Equity Fund$3.3B56Mar 29, 2021
      I•• G••••• I••••••••• F••• I• ••••• L•••Private Equity Fund$2.6B52Mar 31, 2018
      I•• G••••• I••••••••• F•••• L•••Private Equity Fund$1.9B40Nov 4, 2013
      I•• G••••• I••••••••• F••• I• •••• L•••Private Equity Fund$1.8B44Mar 31, 2018
      N••••••• E••••• P••••••• L••Private Equity Fund$1.7B3Mar 29, 2019
      A••• C••• T•••••• L••Private Equity Fund$1.5B2Mar 31, 2018
      N••••••• E••••• H••••••• L••Private Equity Fund$1.5B13Mar 31, 2018
      E•••••• G•••• T•••• L••••••no longer reportedPrivate Equity Fund$1.4B3Mar 31, 2018
      E•••••• G•••• T•••• L••••••Private Equity Fund$1.3B4Mar 30, 2023
      A••• C••• T•••••• H••••••• L••Private Equity Fund$1.1B11Mar 31, 2018
      C••• H••••••••• E••••• H••••• L••••••Private Equity Fund$1.0B2Mar 27, 2020
      I•• G••••• M•••••• I••••••••• F•••• L•••Private Equity Fund$1.0B13Mar 29, 2021
      I•• A••• F••• I•• L•••Private Equity Fund$1.0B6Mar 31, 2017
      I•• A••••• C•••••••• F••• I••• L•••Private Equity Fund$875M24Mar 31, 2022
      I•• G••••• I••••••••• F••• I•• •••••• L•••Private Equity Fund$843M52Mar 29, 2021
      I•• G••••• M•••••• I••••••••• F••• ••••• L•••Private Equity Fund$717M6Mar 29, 2021
      I•• G••••• I••••••••• C••••• F••• ••••••••• L•••Private Equity Fund$609M3Mar 31, 2022
      I•• G••••• M•••••• I••••••••• F••• •••• L•••Private Equity Fund$570M7Mar 29, 2021
      I• S•••••• T••••••••• E•••••• L•••Private Equity Fund$564M12Mar 29, 2019
      I•• A•• F•••• L••Private Equity Fund$521M2Mar 30, 2023
      O••••• E•••••• P••••••• L••no longer reportedPrivate Equity Fund$508M3Mar 31, 2017
      O••••• E•••••• H••••••• L••no longer reportedPrivate Equity Fund$464M6Mar 31, 2018
      I•• E•••••• C•••••••• F•••••• L•••Private Equity Fund$449M9Mar 28, 2024
      I•• G••••• I••••••••• F••• I• •••••• L•••Private Equity Fund$439M25Mar 31, 2018
      I•• K•• C•••••••• F•••• L•••Private Equity Fund$414M29Mar 31, 2022
      I•• G••••• I••••••••• F••• ••• L•••Private Equity Fund$373M1Mar 30, 2015
      I•• V••••••• C••••••••• L•••Private Equity Fund$325M6Mar 31, 2017
      I•• G••••• I••••••••• F••• •••• L•••Private Equity Fund$304M15Mar 30, 2015
      I•• W••••••• H•••••••• L••Private Equity Fund$297M18Aug 21, 2024
      I•• G••••• I••••••••• F••• ••••• L•••Private Equity Fund$286M6Mar 30, 2015
      I•• I•• C••••••••• L•••Private Equity Fund$272M2Mar 31, 2022
      I• S•••••• T•••••• P•••••••• L•••Private Equity Fund$236M6Mar 31, 2018
      I•• G••••• I••••••••• F••• I• •••• L•••Private Equity Fund$200M1Mar 31, 2018
      I• S•••••• N••••••• P•••••••• L•••Private Equity Fund$186M12Mar 31, 2018
      I•• E•••••• C•••••••• F•••• L•••Private Equity Fund$181M5Mar 28, 2024
      I•• E••••• T••••••••• F•••• L•••Private Equity Fund$177M2Aug 21, 2024
      I•• G••••• I••••••••• F••• •••••• L•••Private Equity Fund$170M13Mar 30, 2015
      All funds of I• S•••••• C•••••• A••••••• ••• L••
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• G•••••• N• M••••• N••• · Managing Partnercontrol
        since 12/2012 · owns less than 5%
      • F••••••••• L•••• M•••• · Chief Compliance Officercontrol
        since 03/2019 · owns less than 5%
      • M••••••• • C••••• P•••••••• M•••• · General Counselcontrol
        since 12/2024 · owns less than 5%
      • S••••• D••••••• L•• · Chief Financial Officercontrol
        since 05/2022 · owns less than 5%
      • W••••• S••••• M•••• · Chairman And Managing Partnercontrol
        since 04/2012 · owns less than 5%
      • B•••••••• G•••••• N• M••••• N••• · Membercontrol
        since 10/2019 · owns 50% to 75% of I•• H•••••••• L••
      • W••••• S••••• M•••• · L•••••• Partnercontrol
        since 10/2019 · owns 50% to 75% of I•• M•••••• F•••••• L•
      • W••••• S••••• M•••• · Membercontrol
        since 10/2019 · owns 50% to 75% of I•• H•••••••• L••
      Entity owners
      • I• S•••••• C••••••• L•• · Sole Member
        direct · owns 75% or more
      • I•• H••••••• L•• · General Partner
        indirect · owns 50% to 75% of I•• M•••••• I••••••••• H•••••••• L•••
      • I•• H•••••••• L•• · Managing Member
        indirect · owns F of I• S•••••• C••••••• L••
      • I•• H•••••••• L•• · General Partner
        indirect · owns F of I•• M•••••• F•••••• L•
      • I•• M•••••• F•••••• L• · Member
        indirect · owns 50% to 75% of I•• M•••••• I••••••••• H•••••••• L•••
      • I•• M•••••• I••••••••• H•••••••• L••• · Member
        indirect · owns 75% or more of I• S•••••• C••••••• L••
      Related persons
      Schedule D 7.A
      • A•••• C•••••• E•••• F•• A••••• A•• F••• M••••••••• S•••••
        investment adviserpooled vehicle sponsorn
      • A•••• Capital Management LP
        investment adviserpooled vehicle sponsornRAUM $67.1M
      • I•• A••• F••• G• I•• L•••
        pooled vehicle sponsorn
      • I•• G••••• C••••• F••• G•• L••
        pooled vehicle sponsorn
      • I•• G••••• C••••• F••• L•• G•• S•••••••
        pooled vehicle sponsorn
      • I•• G••••• F••• G•• L•••
        pooled vehicle sponsorn
      • I•• G••••• F••• G•••• L•••
        pooled vehicle sponsorn
      • I•• G••••• F••• I• G•• L••
        pooled vehicle sponsorn
      • I•• G••••• F••• I•• G•• L••
        pooled vehicle sponsorn
      • I•• G••••• F••• I•• L•• G•• S•••••••
        pooled vehicle sponsorn
      • I•• G••••• I•••••••• F••• G•• L••
        pooled vehicle sponsorn
      • I•• G••••• M•••••• F••• G•• L••
        pooled vehicle sponsorn
      • I•• I•••••••• V••••••• G•• L••
        pooled vehicle sponsorn
      • I••••• I•• U•••••• G•• L••
        pooled vehicle sponsorn
      Advisers that list I• S•••••• C•••••• A••••••• ••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom36 employees
      • Singapore, Singapore17 employees
      • New Delhi, India16 employees
      • Sydney, Australia5 employees
      • Abu Dhabi, United Arab Emirates2 employees
      • Taipei City, Taiwan, Republic of China1 employees
      • Munich, Germany1 employees
      • Sao Paulo, Brazil1 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 253 to 113
        Mar 26, 2025 to Mar 28, 2026
      • Employees · 290 to 331
        Mar 26, 2025 to Mar 28, 2026
      • Private funds · 91 to 123
        Mar 26, 2025 to Mar 28, 2026
      • Accounts · 64 to 76
        Dec 9, 2024 to Mar 26, 2025
      • Advisory employees · 196 to 253
        Dec 9, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 63 to 76
        Dec 9, 2024 to Mar 26, 2025
      • Employees · 207 to 290
        Dec 9, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Dec 9, 2024 to Mar 26, 2025
      • Private funds · 78 to 91
        Dec 9, 2024 to Mar 26, 2025
      • Discretionary RAUM · $48B to $60B
        Dec 9, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $48B to $60B
        Dec 9, 2024 to Mar 26, 2025
      • RAUM · $48B to $60B
        Dec 9, 2024 to Mar 26, 2025
      • Other offices · 0 to 8
        Jul 3, 2024 to Aug 21, 2024
      • Private funds · 73 to 78
        Jul 3, 2024 to Aug 21, 2024
      • Private funds · 74 to 73
        Mar 28, 2024 to Jul 3, 2024
      • Accounts · 61 to 64
        Nov 29, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 61 to 63
        Nov 29, 2023 to Mar 28, 2024
      • Discretionary RAUM · $48B to $48B
        Nov 29, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $101M to $100M
        Nov 29, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $48B to $48B
        Nov 29, 2023 to Mar 28, 2024
      • RAUM · $48B to $48B
        Nov 29, 2023 to Mar 28, 2024
      • Accounts · 64 to 61
        Mar 30, 2023 to Nov 29, 2023
      • Advisory employees · 61 to 196
        Mar 30, 2023 to Nov 29, 2023
      • Employees · 168 to 207
        Mar 30, 2023 to Nov 29, 2023
      • Discretionary RAUM · $48B to $48B
        Mar 30, 2023 to Nov 29, 2023
      • Pooled vehicle RAUM · $49B to $48B
        Mar 30, 2023 to Nov 29, 2023
      • RAUM · $49B to $48B
        Mar 30, 2023 to Nov 29, 2023
      • Accounts · 54 to 64
        Aug 16, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 54 to 61
        Aug 16, 2022 to Mar 30, 2023
      • Assets in custody · $33B to $49B
        Aug 16, 2022 to Mar 30, 2023
      • Private funds · 54 to 74
        Aug 16, 2022 to Mar 30, 2023
      • Discretionary RAUM · $42B to $48B
        Aug 16, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $42B to $49B
        Aug 16, 2022 to Mar 30, 2023
      • RAUM · $42B to $49B
        Aug 16, 2022 to Mar 30, 2023
      • Private funds · 55 to 54
        May 20, 2022 to Aug 16, 2022
      • Accounts · 46 to 54
        Jul 6, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 46 to 54
        Jul 6, 2021 to Mar 31, 2022
      • Employees · 154 to 168
        Jul 6, 2021 to Mar 31, 2022
      • Other offices · 5 to 0
        Jul 6, 2021 to Mar 31, 2022
      • Private funds · 46 to 55
        Jul 6, 2021 to Mar 31, 2022
      Signals
      14 dated events
      • I• S•••••• C•••••• A••••••• ••• L•• reported RAUM $60.1B, up 26% from $47.9B (2024-12-09 to 2025-03-26)
        Mar 26, 2025 · RAUM change · derived
      • Roger William Campbell (General Counsel) no longer on Schedule A of I• S•••••• C•••••• A••••••• ••• L•• (listed 2024-10-10, absent 2024-12-06)
        Dec 6, 2024 · Control person left · inference
      • Maria Patricia Menendez - Cambo (General Counsel) appeared on Schedule A of I• S•••••• C•••••• A••••••• ••• L••
        Dec 6, 2024 · Control person joined · fact
      • I• S•••••• C•••••• A••••••• ••• L•• reported 8 offices beyond its principal office, up from 0 (2024-07-03 to 2024-08-21)
        Aug 21, 2024 · Office count change · derived
      • No Middle Name Adil Rahmathulla (Managing Partner) no longer on Schedule A of I• S•••••• C•••••• A••••••• ••• L•• (listed 2024-03-28, absent 2024-07-03)
        Jul 3, 2024 · Control person left · inference
      • Robert Ronald Schweizer (Chief Financial Officer) no longer on Schedule A of I• S•••••• C•••••• A••••••• ••• L•• (listed 2022-03-31, absent 2022-05-20)
        May 20, 2022 · Control person left · inference
      • Lee Dominic Spiri (Chief Financial Officer) appeared on Schedule A of I• S•••••• C•••••• A••••••• ••• L••
        May 20, 2022 · Control person joined · fact
      • I• S•••••• C•••••• A••••••• ••• L•• reported 0 offices beyond its principal office, down from 5 (2021-07-06 to 2022-03-31)
        Mar 31, 2022 · Office count change · derived
      • I• S•••••• C•••••• A••••••• ••• L•• reported RAUM $42.0B, up 25% from $33.5B (2021-07-06 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • I• S•••••• C•••••• A••••••• ••• L•• reported RAUM $33.5B, up 56% from $21.5B (2020-03-27 to 2021-03-29)
        Mar 29, 2021 · RAUM change · derived
      • I• S•••••• C•••••• A••••••• ••• L•• reported RAUM $21.3B, up 25% from $17.0B (2018-03-31 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Marie Lisa Fleischman (Chief Compliance Officer) appeared on Schedule A of I• S•••••• C•••••• A••••••• ••• L••
        Mar 29, 2019 · Control person joined · fact
      • I• S•••••• C•••••• A••••••• ••• L•• reported RAUM $17.0B, up 174% from $6.2B (2017-09-12 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      • I• S•••••• C•••••• A••••••• ••• L•• filed its initial SEC registration (Form ADV)
        Jun 25, 2013 · 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/i-squared-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      IS••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (786) 693-5700reportedpublic record, Form ADV, Mar 28, 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