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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Former SEC-registered adviser

1••• P••••••• M••••••••• L•

Former SEC-registered adviserKings Park, New YorkCRD 173444SEC 801-80526IAPD
Latest filing Apr 27, 2022
First filing on the tape Oct 22, 2014 · 24 filings
RAUM
$96.9M
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
4
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
6
$96.9M gross assets
History
24 filings and snapshots on the tape
RAUM$88.7M as of Mar 29, 2022
Mar 27, 2015$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2022
Mar 27, 20150 then
Employees (5.A)4 as of Mar 29, 2022
Mar 27, 20159 then
Private funds6 as of Mar 29, 2022
Mar 27, 20153 then
RAUM -60% over the last fiscal year-50% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 27, 2022; 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
$16.1MderivedRAUM 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
-63%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$96.9M, 6 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$96.9M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$96.9M for 6 clientsreported
Compensation
fixed, performancereported
Class basis
absent from the latest SEC rosterderived
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
      9 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Z•• V•••••••• L•••no longer reportedPrivate Equity Fund$995M1Oct 22, 2014
      Z•• V•••••••• L•••••no longer reportedPrivate Equity Fund$171M4Oct 22, 2014
      1••• P•••••••• L•Private Equity Fund$52.1M18Mar 30, 2016
      C• V••••••• H•••••••• L••no longer reportedHedge Fund$34.4M1Oct 22, 2014
      1••• ••••••••• P••••••• I• L•Private Equity Fund$18.8M12Mar 30, 2016
      1••••••• P•••••••• L•Private Equity Fund$5.1M11Mar 27, 2020
      1••• ••• P•••••••• L•Private Equity Fund$3.6M2Mar 30, 2016
      1••••••• P•••••••• L•Private Equity Fund$00Mar 30, 2018
      1••••••• ••••••••• P••••••• I• L•Private Equity Fund$00Mar 30, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• B••••• R•••••• · Limited Partner; Managing Directorcontrol
        since 10/2014 · owns 25% to 50%
      • P•••••• D•••••• B•••• · Limited Partner; Managing Directorcontrol
        since 10/2014 · owns 25% to 50%
      • W••••••• N•••• A••• · Limited Partner; Managing Directorcontrol
        since 06/2014 · owns 25% to 50%
      • B•••••• B••••• R•••••• · Membercontrol
        since 06/2014 · owns 25% to 50% of 1••• P••••••• M••••••••• G•• L••
      • P•••••• D•••••• B•••• · Membercontrol
        since 06/2014 · owns 25% to 50% of 1••• P••••••• M••••••••• G•• L••
      • W••••••• N•••• A••• · Membercontrol
        since 06/2014 · owns 25% to 50% of 1••• P••••••• M••••••••• G•• L••
      • C••••• B••••• S•••• · Chief Financial Officer And Chief Compliance Officer
        since 10/2014 · owns less than 5%
      Entity owners
      • 1••• P••••••• M••••••••• G•• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • 1••• P••••••• G•• L••
        investment adviserbankpooled vehicle sponsory
      • 1••••••• P••••••• G•• L••
        investment adviserbankpooled vehicle sponsory
      • 1••••••• P••••••• G•• L••
        investment adviserbankpooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • Dallas, TX1 employees
      What changed
      consecutive filings, newest first
      • Assets in custody · $88.7M to $96.9M
        Mar 29, 2022 to Apr 27, 2022
      • Discretionary RAUM · $88.7M to $96.9M
        Mar 29, 2022 to Apr 27, 2022
      • Pooled vehicle RAUM · $88.7M to $96.9M
        Mar 29, 2022 to Apr 27, 2022
      • RAUM · $88.7M to $96.9M
        Mar 29, 2022 to Apr 27, 2022
      • Assets in custody · $112M to $88.7M
        Nov 10, 2021 to Mar 29, 2022
      • Discretionary RAUM · $112M to $88.7M
        Nov 10, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $112M to $88.7M
        Nov 10, 2021 to Mar 29, 2022
      • RAUM · $112M to $88.7M
        Nov 10, 2021 to Mar 29, 2022
      • Advisory employees · 4 to 3
        Apr 29, 2021 to Nov 10, 2021
      • Assets in custody · $249M to $112M
        Apr 29, 2021 to Nov 10, 2021
      • Employees · 6 to 4
        Apr 29, 2021 to Nov 10, 2021
      • Discretionary RAUM · $252M to $112M
        Apr 29, 2021 to Nov 10, 2021
      • Pooled vehicle RAUM · $252M to $112M
        Apr 29, 2021 to Nov 10, 2021
      • RAUM · $252M to $112M
        Apr 29, 2021 to Nov 10, 2021
      • Assets in custody · $238M to $249M
        Mar 30, 2021 to Apr 29, 2021
      • Discretionary RAUM · $240M to $252M
        Mar 30, 2021 to Apr 29, 2021
      • Pooled vehicle RAUM · $240M to $252M
        Mar 30, 2021 to Apr 29, 2021
      • RAUM · $240M to $252M
        Mar 30, 2021 to Apr 29, 2021
      • Assets in custody · $573M to $238M
        Jul 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $593M to $240M
        Jul 30, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $593M to $240M
        Jul 30, 2020 to Mar 30, 2021
      • RAUM · $593M to $240M
        Jul 30, 2020 to Mar 30, 2021
      • HQ city · NEW YORK to KINGS PARK
        Jul 1, 2020 to Jul 30, 2020
      • Employees · 7 to 6
        Apr 29, 2020 to Jul 1, 2020
      • Assets in custody · $758M to $573M
        Mar 27, 2020 to Apr 29, 2020
      • Discretionary RAUM · $778M to $593M
        Mar 27, 2020 to Apr 29, 2020
      • Pooled vehicle RAUM · $778M to $593M
        Mar 27, 2020 to Apr 29, 2020
      • RAUM · $778M to $593M
        Mar 27, 2020 to Apr 29, 2020
      • Accounts · 5 to 6
        Apr 29, 2019 to Mar 27, 2020
      • Pooled vehicle clients · 5 to 6
        Apr 29, 2019 to Mar 27, 2020
      • Assets in custody · $791M to $758M
        Apr 29, 2019 to Mar 27, 2020
      • Private funds · 5 to 6
        Apr 29, 2019 to Mar 27, 2020
      • Discretionary RAUM · $810M to $778M
        Apr 29, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $810M to $778M
        Apr 29, 2019 to Mar 27, 2020
      • RAUM · $810M to $778M
        Apr 29, 2019 to Mar 27, 2020
      • Assets in custody · $735M to $791M
        Mar 28, 2019 to Apr 29, 2019
      • Discretionary RAUM · $754M to $810M
        Mar 28, 2019 to Apr 29, 2019
      • Pooled vehicle RAUM · $754M to $810M
        Mar 28, 2019 to Apr 29, 2019
      • RAUM · $754M to $810M
        Mar 28, 2019 to Apr 29, 2019
      • Assets in custody · $793M to $735M
        Apr 23, 2018 to Mar 28, 2019
      Signals
      5 dated events
      • 1••• P••••••• M••••••••• L• reported RAUM $111.7M, down 56% from $251.6M (2021-04-29 to 2021-11-10)
        Nov 10, 2021 · RAUM change · derived
      • Edward Robert Hougie (Limited Partner; Managing Director) no longer on Schedule A of 1••• P••••••• M••••••••• L• (listed 2021-04-29, absent 2021-11-10)
        Nov 10, 2021 · Control person left · inference
      • 1••• P••••••• M••••••••• L• reported RAUM $239.7M, down 60% from $592.8M (2020-07-30 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • 1••• P••••••• M••••••••• L• reported RAUM $848.7M, up 43% from $593.2M (2017-03-31 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      • 1••• P••••••• M••••••••• L• filed its initial SEC registration (Form ADV)
        Oct 22, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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
      Former SEC-registered adviserderiveda 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