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

S••••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)San Francisco, CaliforniaCRD 171845SEC 801-80136websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Jul 24, 2014 · 22 filings
SEC status approved since Aug 21, 2014
RAUM
$939M
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
13
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
17
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$939M as of Mar 25, 2026
Mar 24, 2015$116M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 24, 20150 then
Employees (5.A)13 as of Mar 25, 2026
Mar 24, 20156 then
Private funds17 as of Mar 25, 2026
Mar 24, 20151 then
RAUM -8.0% over the last fiscal year+4.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 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
$55.2MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-8.0%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
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$939M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
17reported
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
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S••••••• C•••••• I••••••••• F••• I•• L•••Private Equity Fund$383M38Mar 28, 2018
      S••••••• C•••••• I••••••••• F••• I••• L•Private Equity Fund$288M30Mar 29, 2023
      S••••••• C•••••• I••••••••• F•••• L•Private Equity Fund$93.0M19Jul 24, 2014
      S••••••• C•••••••• F••• V•• L•Private Equity Fund$51.3M15Mar 28, 2020
      S••••••• C•••••••• F••• I• L•Private Equity Fund$42.8M25Mar 30, 2016
      S••••••• C•••••••• F••• I• L•Private Equity Fund$35.5M20Mar 28, 2017
      S••••••• C•••••• I••••••••• F••• I• ••• L•••Private Equity Fund$29.6M35Mar 28, 2018
      S••••••• C•••••• I••••••••• F••• I•• F•••••••• L•Private Equity Fund$20.2M31Mar 29, 2023
      S••••••• C•••••••• F••• V• L•Private Equity Fund$19.2M11Mar 21, 2019
      S••••••• C•••••• I••••••••• F••• A• L•Private Equity Fund$18.1M41Mar 30, 2016
      S••••••• C•••••••• F••• V• L•Private Equity Fund$15.1M12Mar 21, 2019
      S••••••• C•••••••• F••• I•• L•Private Equity Fund$9.8M7Mar 25, 2024
      S••••••• C•••••••• F••• X• L•Private Equity Fund$3.0M5Mar 25, 2024
      S••••••• C•••••••• F••• V•••• L•Private Equity Fund$1.1M3Mar 29, 2023
      S••••••• C•••••••• F••• I•• L•Private Equity Fund$116,09319Mar 28, 2017
      S••••••• C•••••••• F••• I• L•no longer reportedPrivate Equity Fund$08Mar 30, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • M••••• R•••••• L•• · Chief Executive Officercontrol
        since 07/2013 · owns less than 5%
      • P••••• A••••• · Managing Directorcontrol
        since 07/2013 · owns less than 5%
      • W•••••••• S••• · Chief Compliance Officer And Chief Financial Officercontrol
        since 10/2018 · owns less than 5%
      • M••••• R•••••• L•• · Chief Executive Officercontrol
        since 07/2013 · owns 75% or more of S••••••• C•••••• L••
      Entity owners
      • S••••••• C•••••• L•• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • S••••••• C•••••• I••••••••• F••• G• I•• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••• I••••••••• F••• G•• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••• I••••••••• F••• I•• G•• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• I• G• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• I• G•• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• I• G• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• V• G• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• V• G• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• V•• G• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• V••• G• L••
        bankpooled vehicle sponsorn
      • S••••••• C•••••••• F••• X• G• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • San Francisco, CA3 employees
      What changed
      consecutive filings, newest first
      • Accounts · 16 to 17
        Mar 26, 2025 to Mar 25, 2026
      • Pooled vehicle clients · 16 to 17
        Mar 26, 2025 to Mar 25, 2026
      • Private funds · 16 to 17
        Mar 26, 2025 to Mar 25, 2026
      • Discretionary RAUM · $1.0B to $939M
        Mar 26, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $1.0B to $939M
        Mar 26, 2025 to Mar 25, 2026
      • RAUM · $1.0B to $939M
        Mar 26, 2025 to Mar 25, 2026
      • Accounts · 14 to 16
        Mar 25, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 14 to 16
        Mar 25, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Mar 25, 2024 to Mar 26, 2025
      • HQ city · AUSTIN to SAN FRANCISCO
        Mar 25, 2024 to Mar 26, 2025
      • HQ state · TX to CA
        Mar 25, 2024 to Mar 26, 2025
      • Private funds · 14 to 16
        Mar 25, 2024 to Mar 26, 2025
      • Discretionary RAUM · $1.0B to $1.0B
        Mar 25, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $1.0B to $1.0B
        Mar 25, 2024 to Mar 26, 2025
      • RAUM · $1.0B to $1.0B
        Mar 25, 2024 to Mar 26, 2025
      • Accounts · 13 to 14
        Jan 31, 2024 to Mar 25, 2024
      • Advisory employees · 10 to 9
        Jan 31, 2024 to Mar 25, 2024
      • Pooled vehicle clients · 13 to 14
        Jan 31, 2024 to Mar 25, 2024
      • Employees · 17 to 13
        Jan 31, 2024 to Mar 25, 2024
      • Private funds · 13 to 14
        Jan 31, 2024 to Mar 25, 2024
      • Discretionary RAUM · $824M to $1.0B
        Jan 31, 2024 to Mar 25, 2024
      • Pooled vehicle RAUM · $824M to $1.0B
        Jan 31, 2024 to Mar 25, 2024
      • RAUM · $824M to $1.0B
        Jan 31, 2024 to Mar 25, 2024
      • Accounts · 10 to 13
        Mar 28, 2022 to Mar 29, 2023
      • Advisory employees · 8 to 10
        Mar 28, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 10 to 13
        Mar 28, 2022 to Mar 29, 2023
      • Employees · 14 to 17
        Mar 28, 2022 to Mar 29, 2023
      • Private funds · 10 to 13
        Mar 28, 2022 to Mar 29, 2023
      • Discretionary RAUM · $606M to $824M
        Mar 28, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $606M to $824M
        Mar 28, 2022 to Mar 29, 2023
      • RAUM · $606M to $824M
        Mar 28, 2022 to Mar 29, 2023
      • Advisory employees · 6 to 8
        Mar 17, 2021 to Mar 28, 2022
      • Employees · 12 to 14
        Mar 17, 2021 to Mar 28, 2022
      • Discretionary RAUM · $515M to $606M
        Mar 17, 2021 to Mar 28, 2022
      • Pooled vehicle RAUM · $515M to $606M
        Mar 17, 2021 to Mar 28, 2022
      • RAUM · $515M to $606M
        Mar 17, 2021 to Mar 28, 2022
      • Accounts · 11 to 10
        Mar 28, 2020 to Mar 17, 2021
      • Pooled vehicle clients · 11 to 10
        Mar 28, 2020 to Mar 17, 2021
      • Private funds · 11 to 10
        Mar 28, 2020 to Mar 17, 2021
      • Discretionary RAUM · $487M to $515M
        Mar 28, 2020 to Mar 17, 2021
      Signals
      8 dated events
      • Byerly Thomas Clarkson (Chief Operations Officer) no longer on Schedule A of S••••••• C•••••• M••••••••• L•• (listed 2023-03-29, absent 2024-01-31)
        Jan 31, 2024 · Control person left · inference
      • S••••••• C•••••• M••••••••• L•• reported RAUM $824.4M, up 36% from $605.6M (2022-03-28 to 2023-03-29)
        Mar 29, 2023 · RAUM change · derived
      • Byerly Thomas Clarkson (Chief Operations Officer) appeared on Schedule A of S••••••• C•••••• M••••••••• L••
        Mar 17, 2021 · Control person joined · fact
      • S••••••• C•••••• M••••••••• L•• reported RAUM $486.7M, up 90% from $256.6M (2019-05-28 to 2020-03-28)
        Mar 28, 2020 · RAUM change · derived
      • S••••••• C•••••• M••••••••• L•• reported RAUM $238.2M, down 31% from $345.1M (2018-11-28 to 2019-03-21)
        Mar 21, 2019 · RAUM change · derived
      • Jean Heather Malloy (Chief Operating Officer) no longer on Schedule A of S••••••• C•••••• M••••••••• L•• (listed 2018-11-28, absent 2019-03-21)
        Mar 21, 2019 · Control person left · inference
      • S••••••• C•••••• M••••••••• L•• reported RAUM $345.1M, up 83% from $188.9M (2017-09-26 to 2018-03-28)
        Mar 28, 2018 · RAUM change · derived
      • S••••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jul 24, 2014 · 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/S•••••••-CAPITAL-LLCreportedpublic record, Form ADV, Sep 19, 2026
      Website
      S•••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      415-852-3330reportedpublic record, Form ADV, Mar 25, 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