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

B••• C•••••• A•••• M••••••••• L•

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 183517SEC 801-107144IAPD
Latest filing Mar 31, 2026
First filing on the tape Jan 6, 2016 · 24 filings
SEC status approved since Feb 11, 2016
RAUM
$16B
reported, Item 5.F
Discretionary
92%
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
46
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
43
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$16B as of Mar 31, 2026
Mar 31, 2017$5.8B then
HNW client RAUM$1.3B as of Mar 28, 2024
Mar 30, 2018$2.0B then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 31, 20170 then
Employees (5.A)46 as of Mar 31, 2026
Mar 31, 201731 then
Private funds43 as of Mar 31, 2026
Mar 31, 201737 then
RAUM +46% over the last fiscal year+13% 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
$286MderivedRAUM over accounts (5.F.2.f)
Discretionary
92%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+46%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, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
yesreportedItem 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)
  • 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$13B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
57reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.79 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1.0derived
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
      58 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      C•••••••• I••••••••• P••••••• I•• L•••Private Equity Fund$990M149Jan 6, 2016
      B••• A••••••••• I•••Hedge Fund$598M289Apr 1, 2013
      B••• A••••••••• I•••Hedge Fund$303M538Apr 1, 2013
      B••• R••• E••••• A•••••••••Real Estate Fund$296M230Mar 29, 2019
      B••• A••••••••• V••Private Equity Fund$290M489Mar 29, 2019
      B••• L••• S••••••• A•••••••••Private Equity Fund$181M326Mar 30, 2018
      C•••••••• I••••••••• P••••••• I••• L•••Private Equity Fund$114M114Jan 6, 2016
      B••• D••••• I••••• A•••••••••Private Equity Fund$112M192Mar 31, 2017
      B••• N••••••• L•Private Equity Fund$106M368Mar 31, 2021
      B••• C•••••Private Equity Fund$104M242Mar 31, 2022
      B••• T•••• A•••••••••Private Equity Fund$89.1M48Jan 6, 2016
      B••• W•••••• L•••Private Equity Fund$86.0M477Mar 31, 2022
      B••• A••••••••• I•••• L•••Private Equity Fund$81.5M505Apr 1, 2013
      C•••••••• I••••••••• S•••••Private Equity Fund$77.0M47Jan 6, 2016
      C•••••••• T•••• I••••••••• P•••••••• L•••Private Equity Fund$69.0M57Jan 6, 2016
      B••• A•••••••••Hedge Fund$64.4M270Apr 1, 2013
      B••• T•••• A••••••••• I••••Hedge Fund$52.4M322Apr 1, 2013
      B••• T•••• A••••••••• I••••• L•••Hedge Fund$49.4M24Apr 1, 2013
      B••••••• R••• A••••• F•••• L•••Private Equity Fund$49.1M23Jan 6, 2016
      B••••••• R••• A••••• F••• 2•••• L•••Private Equity Fund$41.1M29Mar 30, 2018
      B••• V•••••• A••••••••• I•••Venture Capital Fund$32.6M212Mar 31, 2017
      B••• I••••••••Private Equity Fund$29.1M66Mar 31, 2022
      B••• A••••••••• I•• L•••Private Equity Fund$24.7M39Jan 6, 2016
      B••• Q•••• A••• L•••Private Equity Fund$23.4M270Mar 31, 2017
      B••• R••• E••••• A••••••••• ••Real Estate Fund$21.2M84Mar 29, 2019
      C•••••••• I••••••••• P••••••• I•• L•••Private Equity Fund$20.9M35Mar 28, 2024
      B••• T••• O•••••••••Private Equity Fund$19.7M187Mar 27, 2020
      B••• L••• S••••••• A••••••••• I•••Private Equity Fund$18.3M119Mar 31, 2022
      B••••••• L•• C••••••••• I••••••••• L•••Hedge Fund$18.0M66Jan 6, 2016
      B••• A••• L•••Private Equity Fund$13.3M280Mar 30, 2016
      B••• A••••••••• I•••• L•••Hedge Fund$13.2M80Apr 1, 2013
      B••• C••••• ••Private Equity Fund$11.7M106Mar 31, 2022
      B••• J••••••• L••no longer reportedPrivate Equity Fund$10.1M15Jan 6, 2016
      B••• A••••••••• I•••no longer reportedHedge Fund$9.6M157Apr 1, 2013
      B••• V•••••• A•••••••••Venture Capital Fund$8.9M212Apr 1, 2013
      B••• T•••• A••••••••• I•• L•••no longer reportedPrivate Equity Fund$6.2M11Jan 6, 2016
      B••• V•••••• I••••Venture Capital Fund$5.7M99Mar 31, 2023
      B••• A••••••••• I••••no longer reportedPrivate Equity Fund$5.1M272Apr 1, 2013
      B••• A••••••••• I••••Private Equity Fund$4.8M267Mar 28, 2024
      B••• D••••••••• L•Private Equity Fund$3.4M144Mar 31, 2023
      All funds of B••• C•••••• A•••• M••••••••• L•
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••••• C••••• J•••• · Partner, Partner Investmentscontrol
        since 01/2014 · owns less than 5%
      • W•••• M••••••• D• C••••• · Partner & Chief Operating Officer & Chief Financial Officer, B••• Capitalcontrol
        since 01/2005 · owns less than 5%
      • C••••••••• J•••• P•••••• · Partnercontrol
        since 12/1997 · owns F of B••• C•••••• H•••••••• L•
      • G••••• D••••• B••••••• · Partnercontrol
        since 01/2008 · owns F of B••• C•••••• H•••••••• L•
      • L•••••• J•••••••• S•••• · Partnercontrol
        since 12/1997 · owns F of B••• C•••••• H•••••••• L•
      • J•••••••• K•••• W•••••• · Deputy General Counsel & Head Of Partner Tax, B••• Capital
        since 09/2015 · owns less than 5%
      • L•••••• C•••• M••••••• · Partner & Chief Financial Officer, Coinvest, Gp & Partner Services
        since 12/2012 · owns less than 5%
      • W••••••• S••••• F••••••• · Partner & Chief Compliance Officer, B••• Capital
        since 01/2018 · owns less than 5%
      • G••••• C••••••••• G•••••• · Partner
        since 09/2018 · owns F of B••• C•••••• H•••••••• L•
      • W•••• M••••••• D• C••••• · Partner
        since 01/2005 · owns F of B••• C•••••• H•••••••• L•
      • W••••••• S••••• F••••••• · Partner & Chief Compliance Officer, B••• Capital
        since 01/2018 · owns F of B••• C•••••• H•••••••• L•
      Entity owners
      • B••• C••••••• L• · L•••••• Partner
        direct · owns 75% or more
      • B••••••• A••••••• •••• L•• · General Partner
        direct · owns less than 5%
      • B••• C•••••• •••• L•• · General Partner
        indirect · owns F of B••• C••••••• L•
      • B••• C•••••• H•••••••• L• · L•••••• Partner
        indirect · owns 75% or more of B••• C••••••• L•
      • B••• C••••••• L• · Member
        indirect · owns 75% or more of B••••••• A••••••• •••• L••
      Related persons
      Schedule D 7.A
      Advisers that list B••• C•••••• A•••• M••••••••• L• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • RAUM · $11B to $16B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 51 to 57
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 2 to 9
        Mar 31, 2025 to Mar 31, 2026
      • BD registered reps · 0 to 1
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 51 to 56
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 36 to 46
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 40 to 43
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $9.9B to $15B
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $1.3B to $1.2B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $11B to $13B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 224 to 51
        Jul 31, 2024 to Mar 31, 2025
      • Advisory activities · 3 to 2
        Jul 31, 2024 to Mar 31, 2025
      • Business name · B••••••• A•••••••• L• to B••• C•••••• A•••• M••••••••• L•
        Jul 31, 2024 to Mar 31, 2025
      • HNW clients · 173.0 to unset
        Jul 31, 2024 to Mar 31, 2025
      • Employees · 26 to 36
        Jul 31, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Jul 31, 2024 to Mar 31, 2025
      • Legal name · B••••••• A•••••••• L• to B••• C•••••• A•••• M••••••••• L•
        Jul 31, 2024 to Mar 31, 2025
      • Discretionary RAUM · $9.8B to $9.9B
        Jul 31, 2024 to Mar 31, 2025
      • HNW RAUM · 1280471000.0 to unset
        Jul 31, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $2.7B to $1.3B
        Jul 31, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $11B to $11B
        Jul 31, 2024 to Mar 31, 2025
      • RAUM · $12B to $11B
        Jul 31, 2024 to Mar 31, 2025
      • Accounts · 220 to 224
        Mar 31, 2023 to Mar 28, 2024
      • HNW clients · 168 to 173
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 52 to 51
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 34 to 26
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 43 to 40
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $8.3B to $9.8B
        Mar 31, 2023 to Mar 28, 2024
      • HNW RAUM · $1.4B to $1.3B
        Mar 31, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $2.9B to $2.7B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $9.9B to $11B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $11B to $12B
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 212 to 220
        Mar 31, 2022 to Mar 31, 2023
      • HNW clients · 162 to 168
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 50 to 52
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 31 to 34
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 41 to 43
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $8.2B to $8.3B
        Mar 31, 2022 to Mar 31, 2023
      • HNW RAUM · $1.6B to $1.4B
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $3.2B to $2.9B
        Mar 31, 2022 to Mar 31, 2023
      Signals
      9 dated events
      • B••• C•••••• A•••• M••••••••• L• reported RAUM $16.3B, up 46% from $11.2B (2025-03-31 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Benjamin David Gross (Partner) appeared on Schedule A of B••• C•••••• A•••• M••••••••• L•
        Jun 28, 2024 · Control person joined · fact
      • Nmn Joshua Bekenstein (Partner) no longer on Schedule A of B••• C•••••• A•••• M••••••••• L• (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Gerard Stephen Pagliuca (Partner) no longer on Schedule A of B••• C•••••• A•••• M••••••••• L• (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • B••• C•••••• A•••• M••••••••• L• reported RAUM $11.4B, up 26% from $9.0B (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Alan Michael Krupka (Partner) no longer on Schedule A of B••• C•••••• A•••• M••••••••• L• (listed 2021-03-31, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • William Steven Barnes (Partner) no longer on Schedule A of B••• C•••••• A•••• M••••••••• L• (listed 2020-06-30, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • B••• C•••••• A•••• M••••••••• L• reported RAUM $7.6B, up 32% from $5.8B (2017-03-31 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      • B••••••• A•••••••• L••• filed its initial SEC registration (Form ADV)
        Jan 6, 2016 · 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
      Principal office phone
      617-516-2318reportedpublic 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
      Across the graphs

      B••• C•••••• A•••• M••••••••• L• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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