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

River Canyon Fund Management LLC

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 169465SEC 801-78722websiteIAPD
Latest filing Mar 28, 2026
First filing on the tape Oct 18, 2013 · 27 filings
SEC status approved since Nov 4, 2013
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
161
55 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$2.1B as of Mar 28, 2026
Mar 31, 2014$6.4M 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)161 as of Mar 28, 2026
Mar 31, 2014112 then
Private funds1 as of Mar 28, 2026
Nov 25, 20251 then
RAUM +82% over the last fiscal year+26% a year over threeIARs 0 to 0offices 1 to 2
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
$692MderivedRAUM 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
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+82%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 assetsreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
Custody
$98.5M, 1 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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 testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.8B87%
  • Pooled investment vehicles$275M13%
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
$98.5M for 1 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=21.0derived
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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Anthony Douglas Anderson · Chief Compliance Officercontrol
        since 10/2013 · owns less than 5%
      • Stephan Joshua Friedman · Managing Partnercontrol
        since 10/2013 · owns less than 5%
      • Ralph Mitchell Julis · Managing Partnercontrol
        since 10/2013 · owns less than 5%
      • Stephan Joshua Friedman · Member/Manager And Trusteecontrol
        since 12/2018 · owns 50% to 75% of Pumada LLC
      • Ralph Mitchell Julis · Member/Manager And Trusteecontrol
        since 12/2018 · owns 50% to 75% of Soldiers Field Park Products LLC
      • Peter Stephen Cho · General Counsel
        since 10/2022 · owns less than 5%
      • Matthew Jonathan Kaplan · Chief Operating Officer
        since 10/2013 · owns less than 5%
      • Alejandro Luis Silva · Chief Financial Officer
        since 01/2021 · owns less than 5%
      • Cari Beth Friedman · Trustee
        since 05/1998 · owns F of Joshua And Beth Friedman Trust
      • Joleen Linda Julis · Trustee
        since 12/2018 · owns F of Mitchell And Linda Joleen Trust
      Entity owners
      • Canyon Capital Advisors LLC · Sole Member
        direct · owns 75% or more
      • Canyon Holdco LLC · Managing Member
        indirect · owns 75% or more of Cp New Co LLC
      • Cp New Co LLC · Managing Member
        indirect · owns 75% or more of Canyon Capital Advisors LLC
      • Fcp Asset Holdings LLC · Owner
        indirect · owns 50% to 75% of Canyon Holdco LLC
      • Ionnina And Arta Investments LLC · Owner
        indirect · owns 50% to 75% of Canyon Holdco LLC
      • Pumada LLC · Manager And Member
        indirect · owns F of Fcp Asset Holdings LLC
      • Soldiers Field Park Products LLC · Manager And Member
        indirect · owns F of Ionnina And Arta Investments LLC
      • Joshua And Beth Friedman Trust · Member
        indirect · owns 50% to 75% of Fcp Asset Holdings LLC
      • Mitchell And Linda Joleen Trust · Member
        indirect · owns 50% to 75% of Ionnina And Arta Investments LLC
      Related persons
      Schedule D 7.A
      Advisers that list River Canyon Fund Management LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Los Angeles, CA13 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 28, 2026
        RAUM (Item 5.F) moved from $1,139,990,000 to $2,075,272,000 (+82.0%) between the annual amendments of 2025-03-29 and 2026-03-28; the peer median change was +11.0% (1368 comparable advisers, 92.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,368) · 92% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 2 to 3
        Nov 25, 2025 to Mar 28, 2026
      • Advisory employees · 48 to 55
        Nov 25, 2025 to Mar 28, 2026
      • BD registered reps · 22 to 21
        Nov 25, 2025 to Mar 28, 2026
      • Pooled vehicle clients · 1 to 2
        Nov 25, 2025 to Mar 28, 2026
      • Other offices · 1 to 2
        Nov 25, 2025 to Mar 28, 2026
      • Discretionary RAUM · $1.1B to $2.1B
        Nov 25, 2025 to Mar 28, 2026
      • Pooled vehicle RAUM · $98.5M to $275M
        Nov 25, 2025 to Mar 28, 2026
      • RAUM · $1.1B to $2.1B
        Nov 25, 2025 to Mar 28, 2026
      • Private funds · unset to 1
        Aug 5, 2025 to Nov 25, 2025
      • Accounts · 3 to 2
        Jun 4, 2024 to Mar 29, 2025
      • Advisory employees · 47 to 48
        Jun 4, 2024 to Mar 29, 2025
      • BD registered reps · 15 to 22
        Jun 4, 2024 to Mar 29, 2025
      • Assets in custody · $102M to $98.5M
        Jun 4, 2024 to Mar 29, 2025
      • Employees · 158 to 161
        Jun 4, 2024 to Mar 29, 2025
      • Financial planning clients · unset to
        Jun 4, 2024 to Mar 29, 2025
      • Discretionary RAUM · $885M to $1.1B
        Jun 4, 2024 to Mar 29, 2025
      • Pooled vehicle RAUM · $102M to $98.5M
        Jun 4, 2024 to Mar 29, 2025
      • RAUM · $885M to $1.1B
        Jun 4, 2024 to Mar 29, 2025
      • Advisory employees · 42 to 47
        Mar 23, 2023 to Mar 22, 2024
      • BD registered reps · 24 to 15
        Mar 23, 2023 to Mar 22, 2024
      • Assets in custody · $99.6M to $102M
        Mar 23, 2023 to Mar 22, 2024
      • Discretionary RAUM · $1.0B to $885M
        Mar 23, 2023 to Mar 22, 2024
      • Pooled vehicle RAUM · $99.6M to $102M
        Mar 23, 2023 to Mar 22, 2024
      • RAUM · $1.0B to $885M
        Mar 23, 2023 to Mar 22, 2024
      • Accounts · 6 to 3
        Aug 31, 2022 to Mar 23, 2023
      • Advisory employees · 44 to 42
        Aug 31, 2022 to Mar 23, 2023
      • Pooled vehicle clients · 2 to 1
        Aug 31, 2022 to Mar 23, 2023
      • Assets in custody · $84.3M to $99.6M
        Aug 31, 2022 to Mar 23, 2023
      • Employees · 156 to 158
        Aug 31, 2022 to Mar 23, 2023
      • Discretionary RAUM · $1.9B to $1.0B
        Aug 31, 2022 to Mar 23, 2023
      • Pooled vehicle RAUM · $128M to $99.6M
        Aug 31, 2022 to Mar 23, 2023
      • RAUM · $1.9B to $1.0B
        Aug 31, 2022 to Mar 23, 2023
      • Advisory employees · 45 to 44
        Oct 18, 2021 to Mar 29, 2022
      • Assets in custody · $59.0M to $84.3M
        Oct 18, 2021 to Mar 29, 2022
      • Employees · 161 to 156
        Oct 18, 2021 to Mar 29, 2022
      • Discretionary RAUM · $1.5B to $1.9B
        Oct 18, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $111M to $128M
        Oct 18, 2021 to Mar 29, 2022
      • RAUM · $1.5B to $1.9B
        Oct 18, 2021 to Mar 29, 2022
      • HQ city · LOS ANGELES to DALLAS
        Mar 25, 2021 to Oct 18, 2021
      • HQ state · CA to TX
        Mar 25, 2021 to Oct 18, 2021
      Signals
      9 dated events
      • River Canyon Fund Management Llc reported RAUM $2.1B, up 82% from $1.1B (2025-11-25 to 2026-03-28)
        Mar 28, 2026 · RAUM change · derived
      • River Canyon Fund Management Llc reported RAUM $1.1B, up 29% from $884.6M (2024-06-04 to 2025-03-29)
        Mar 29, 2025 · RAUM change · derived
      • River Canyon Fund Management Llc reported RAUM $1.0B, down 46% from $1.9B (2022-08-31 to 2023-03-23)
        Mar 23, 2023 · RAUM change · derived
      • River Canyon Fund Management Llc reported RAUM $1.9B, up 30% from $1.5B (2021-10-18 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      • Paul John Plaga (Chief Financial Officer) no longer on Schedule A of River Canyon Fund Management Llc (listed 2021-03-24, absent 2021-03-25)
        Mar 25, 2021 · Control person left · inference
      • River Canyon Fund Management Llc reported RAUM $1.5B, up 218% from $467.6M (2020-08-19 to 2021-03-24)
        Mar 24, 2021 · RAUM change · derived
      • River Canyon Fund Management Llc reported RAUM $467.6M, down 39% from $761.0M (2019-03-29 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • River Canyon Fund Management Llc reported RAUM $761.0M, up 1089% from $64.0M (2018-03-28 to 2019-03-25)
        Mar 25, 2019 · RAUM change · derived
      • River Canyon Fund Management Llc filed its initial SEC registration (Form ADV)
        Oct 18, 2013 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      canyonpartners.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      214 253 6000reportedpublic 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