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

50 South Capital Advisors, LLC

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 174762SEC 801-81046websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 20, 2015 · 37 filings
SEC status approved since Mar 11, 2015
RAUM
$16B
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
68
43 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
126
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$16B as of Mar 31, 2026
Mar 29, 2016$5.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20160 then
Employees (5.A)68 as of Mar 31, 2026
Mar 29, 201625 then
Private funds126 as of Mar 31, 2026
Mar 29, 201644 then
RAUM +13% over the last fiscal year+10% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$116MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived5 offices incl. principal (1.F.5)
RAUM growth, one year
+13%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Custody
$15B, 119 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$15B92%
  • Pension and profit-sharing plans$411M2.6%
  • Investment companies$298M1.9%
  • State and municipal entities$294M1.8%
  • Sovereign wealth funds$103M0.6%
  • Charitable organizations$86.5M0.5%
  • Corporations and businesses$72.2M0.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
5reported
Charitable clients
2reported
Accounts
139reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$15B for 119 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.94 institutional_share=0.06 related_bd=true related_bank=true bd_reps=8.0derived
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
      127 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Pesof IV B, L.P.Private Equity Fund$921M2Mar 30, 2021
      Private Equity Core Fund X, L.P.Private Equity Fund$850M461Mar 31, 2022
      Private Equity Strategic Opportunities Fund IV, L.P.Private Equity Fund$836M453Mar 30, 2021
      Private Equity Core Fund (Qp) Viii, L.P.Private Equity Fund$719M287Mar 28, 2019
      Sponsor Backed Credit Fund II, L.P.Private Equity Fund$706M57Mar 31, 2022
      Pesof IV A, L.P.Private Equity Fund$674M2Mar 30, 2021
      Buyout Core Fund X, L.P.Private Equity Fund$668M18Mar 31, 2022
      Private Equity Core Fund (Qp) Ix, L.P.Private Equity Fund$644M324Mar 30, 2021
      Private Equity Core Fund (Qp) Vii, L.P.Private Equity Fund$615M351Mar 28, 2017
      Buyout Core Fund Viii, L.P.Private Equity Fund$545M9Mar 28, 2019
      Buyout Core Fund Ix, L.P.Private Equity Fund$501M9Mar 30, 2021
      Private Equity Core Fund (Qp) Vi, L.P.Private Equity Fund$500M382Feb 20, 2015
      Buyout Core Fund Vii, L.P.Private Equity Fund$450M10Mar 28, 2017
      Datum One, L.P.Private Equity Fund$430M49Mar 30, 2020
      Private Equity Core Fund Xi, L.P.Private Equity Fund$400M173Mar 28, 2024
      Global Venture Capital Opportunities II, L.P.Private Equity Fund$388M147Mar 30, 2023
      Tacopps Feeder Fund I, L.P.Private Equity Fund$341M505Mar 28, 2017
      Buyout Core Fund Vi, L.P.Private Equity Fund$336M8Feb 20, 2015
      Global Venture Capital Opportunities, L.P.Private Equity Fund$318M32Mar 29, 2016
      Buyout Core Fund Xi, L.P.Private Equity Fund$305M3Mar 28, 2024
      Private Equity Strategic Opportunities Fund III, L.P.Private Equity Fund$294M249Mar 28, 2017
      Sponsor Backed Credit Fund II -B, LLCPrivate Equity Fund$293M1Mar 31, 2022
      Private Equity Strategic Opportunities Fund V, L.P.Private Equity Fund$291M354Mar 28, 2024
      Private Equity Core Fund X (Offshore), L.P.Private Equity Fund$268M50Mar 30, 2023
      Credit Alternatives Fund, LLCHedge Fund$263M143Mar 31, 2022
      Indiana Next Level Fund, L.P.Private Equity Fund$261M7Mar 28, 2019
      Venture Core Fund Vii, L.P.Private Equity Fund$254M11Mar 28, 2017
      Diversified Core Strategies Master Fund, L.P.Hedge Fund$248M2Mar 29, 2012
      Alpha Core Strategies Feeder Fund, Q.P.Hedge Fund$243M116Mar 29, 2012
      Venture Core Fund X, L.P.Private Equity Fund$243M22Mar 31, 2022
      Sponsor Backed Credit Fund, L.P.Private Equity Fund$240M29Mar 28, 2019
      Sponsor Backed Credit Feeder II, L.P.Private Equity Fund$231M13Mar 31, 2022
      Venture Core Fund Viii, L.P.Private Equity Fund$215M8Mar 28, 2019
      Venture Core Fund Ix, L.P.Private Equity Fund$212M20Mar 30, 2021
      Venture Core Fund Vi, L.P.Private Equity Fund$205M13Feb 20, 2015
      Private Assets R, L.P.Private Equity Fund$196M4Mar 28, 2019
      Private Equity Core Fund (Qp) Vii (Offshore), L.P.Private Equity Fund$183M37Mar 28, 2017
      Private Assets E, L.P.no longer reportedPrivate Equity Fund$177M2Mar 30, 2020
      Private Equity Strategic Opportunities Fund IV (Offshore), L.P.Private Equity Fund$176M41Mar 30, 2021
      Direct Co-Investment Fund, L.P.Private Equity Fund$171M46Mar 31, 2022
      All funds of 50 South Capital Advisors, LLC
      Owners and control persons
      Schedule A and B, latest filing
      • Ray Jeffrey Buth · Chief Financial Officer/Elected Managercontrol
        since 03/2019 · owns less than 5%
      • Archana Kumar · Elected Managercontrol
        since 06/2022 · owns less than 5%
      • George Angelo Manioudakis · Elected Managercontrol
        since 12/2021 · owns less than 5%
      • Wallace Joseph Mcinerney · Elected Managercontrol
        since 06/2021 · owns less than 5%
      • Paul Robert Morgan · Chief Executive Officer/Elected Managercontrol
        since 01/2015 · owns less than 5%
      • Antonio Muinos · Chief Compliance Officer
        since 01/2023 · owns less than 5%
      • Ryan Justin Redeker · General Counsel
        since 04/2022 · owns less than 5%
      Entity owners
      • Northern Trust Corporation · Sole Member
        direct · owns 75% or more · public reporting company
      Related persons
      Schedule D 7.A
      • 1818 Co-Investment Fund Gp, L.P.
        pooled vehicle sponsory
      • 1889 Growth Fund Gp, L.P.
        pooled vehicle sponsory
      • 50 South Capital (Cayman) Gp, L.P.
        pooled vehicle sponsory
      • Direct Co-Investment Fund Gp, L.P.
        pooled vehicle sponsory
      • Distressed Credit Opportunities Fund Gp, L.P.
        pooled vehicle sponsory
      • Diversified G.P.
        pooled vehicle sponsory
      • Global Venture Capital Opportunities II Gp, L.P.
        pooled vehicle sponsory
      • Northern Trust Asset Management Australia Pty Ltd
        investment advisern
      • Northern Trust Fund Managers (Ireland) Limited
        investment adviserpooled vehicle sponsorn
      • Northern Trust Global Investments Japan, K.K.
        investment adviserpooled vehicle sponsorn
      • Northern Trust Global Investments Ltd
        investment advisernRAUM $208B
      • Northern Trust Investments, Incorporated
        investment adviserbankpooled vehicle sponsornRAUM $1245B
      • Northern Trust Securities, Inc
        broker-dealerinvestment adviserbanknRAUM $1.7B
      • Nt Global Advisors, Inc
        investment advisern
      • Pesof V Gp, L.P.
        pooled vehicle sponsory
      • Private Equity Core Fund X Gp, L.P.
        pooled vehicle sponsory
      • Private Equity Core Fund Xi Gp, L.P.
        pooled vehicle sponsory
      • The Northern Trust Company
        custodiann
      • The Northern Trust Company Of Hong Kong Limited
        investment advisern
      Advisers that list 50 South Capital Advisors, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Fargo, ND1 employees
      • Indianapolis, IN1 employees
      • San Francisco, CA1 employees
      • Stamford, CT1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 131 to 139
        Jun 25, 2025 to Mar 31, 2026
      • Advisory employees · 34 to 43
        Jun 25, 2025 to Mar 31, 2026
      • Charity clients · 1 to 2
        Jun 25, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 119 to 126
        Jun 25, 2025 to Mar 31, 2026
      • Assets in custody · $13B to $15B
        Jun 25, 2025 to Mar 31, 2026
      • Employees · 55 to 68
        Jun 25, 2025 to Mar 31, 2026
      • Private funds · 120 to 126
        Jun 25, 2025 to Mar 31, 2026
      • Discretionary RAUM · $14B to $16B
        Jun 25, 2025 to Mar 31, 2026
      • Pension RAUM · $367M to $411M
        Jun 25, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $13B to $15B
        Jun 25, 2025 to Mar 31, 2026
      • RAUM · $14B to $16B
        Jun 25, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to Jun 25, 2025
      • Accounts · 121 to 131
        Mar 28, 2024 to Mar 28, 2025
      • BD registered reps · 9 to 8
        Mar 28, 2024 to Mar 28, 2025
      • Charity clients · unset to 1.0
        Mar 28, 2024 to Mar 28, 2025
      • Corporate clients · unset to 1.0
        Mar 28, 2024 to Mar 28, 2025
      • Pension plan clients · unset to 5.0
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 111 to 119
        Mar 28, 2024 to Mar 28, 2025
      • Assets in custody · $11B to $13B
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 54 to 55
        Mar 28, 2024 to Mar 28, 2025
      • Private funds · 112 to 120
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $12B to $14B
        Mar 28, 2024 to Mar 28, 2025
      • Pension RAUM · $402M to $367M
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $11B to $13B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $12B to $14B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 110 to 121
        Mar 30, 2023 to Mar 28, 2024
      • Advisory employees · 30 to 34
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 100 to 111
        Mar 30, 2023 to Mar 28, 2024
      • Assets in custody · $11B to $11B
        Mar 30, 2023 to Mar 28, 2024
      • Employees · 50 to 54
        Mar 30, 2023 to Mar 28, 2024
      • Other offices · 5 to 4
        Mar 30, 2023 to Mar 28, 2024
      • Private funds · 100 to 112
        Mar 30, 2023 to Mar 28, 2024
      • Discretionary RAUM · $12B to $12B
        Mar 30, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $10.7M to $0
        Mar 30, 2023 to Mar 28, 2024
      • Pension RAUM · $449M to $402M
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $11B to $11B
        Mar 30, 2023 to Mar 28, 2024
      • RAUM · $12B to $12B
        Mar 30, 2023 to Mar 28, 2024
      • Accounts · 102 to 110
        Feb 7, 2023 to Mar 30, 2023
      • Advisory employees · 28 to 30
        Feb 7, 2023 to Mar 30, 2023
      • Assets in custody · $9.5B to $11B
        Feb 7, 2023 to Mar 30, 2023
      Signals
      14 dated events
      • Antonio Muinos (Chief Compliance Officer) appeared on Schedule A of 50 South Capital Advisors, Llc
        Jan 20, 2023 · Control person joined · fact
      • Ann Rebecca Paulzine (Chief Compliance Officer) no longer on Schedule A of 50 South Capital Advisors, Llc (listed 2022-07-13, absent 2023-01-20)
        Jan 20, 2023 · Control person left · inference
      • Sue Melinda Mecca (Elected Manager) no longer on Schedule A of 50 South Capital Advisors, Llc (listed 2022-05-31, absent 2022-07-13)
        Jul 13, 2022 · Control person left · inference
      • Rose Lizabeth Boeckmann (Chief Administrative Officer) no longer on Schedule A of 50 South Capital Advisors, Llc (listed 2022-05-31, absent 2022-07-13)
        Jul 13, 2022 · Control person left · inference
      • Kumari Monika Singh (Chief Compliance Officer) no longer on Schedule A of 50 South Capital Advisors, Llc (listed 2022-05-31, absent 2022-07-13)
        Jul 13, 2022 · Control person left · inference
      • Archana Kumar (Elected Manager) appeared on Schedule A of 50 South Capital Advisors, Llc
        Jul 13, 2022 · Control person joined · fact
      • Ann Rebecca Paulzine (Chief Compliance Officer) appeared on Schedule A of 50 South Capital Advisors, Llc
        Jul 13, 2022 · Control person joined · fact
      • Ryan Justin Redeker (General Counsel) appeared on Schedule A of 50 South Capital Advisors, Llc
        May 31, 2022 · Control person joined · fact
      • George Angelo Manioudakis (Chief Investment Officer/Elected Member) appeared on Schedule A of 50 South Capital Advisors, Llc
        Dec 16, 2021 · Control person joined · fact
      • Wallace Joseph Mcinerney (Elected Manager) appeared on Schedule A of 50 South Capital Advisors, Llc
        Jun 30, 2021 · Control person joined · fact
      • Patrick Robert Browne (Chief Investment Officer/ Elected Manager) no longer on Schedule A of 50 South Capital Advisors, Llc (listed 2021-05-10, absent 2021-06-03)
        Jun 3, 2021 · Control person left · inference
      • 50 South Capital Advisors, Llc reported RAUM $6.4B, down 25% from $8.6B (2019-10-10 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Dino Robert Dicarlo (Chief Administrative Officer/Elected Manager) no longer on Schedule A of 50 South Capital Advisors, Llc (listed 2018-10-29, absent 2019-01-10)
        Jan 10, 2019 · Control person left · inference
      • 50 South Capital Advisors, Llc filed its initial SEC registration (Form ADV)
        Feb 20, 2015 · 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/50-SOUTH-CAPITALreportedpublic record, Form ADV, Sep 17, 2026
      Website
      ndgrowthfund.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      312-557-1998reportedpublic record, Form ADV, Mar 31, 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