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

Greenbacker Capital Management LLC

Asset manager (funds and pooled vehicles)Portland, MaineCRD 277101SEC 801-106529websiteIAPD
Latest filing Jul 17, 2026
First filing on the tape Aug 5, 2015 · 32 filings
SEC status approved since Aug 21, 2015
RAUM
$3.1B
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
128
34 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
4
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$3.1B as of Jul 17, 2026
Feb 1, 2016$57.0M then
HNW client RAUM$0 as of Jul 17, 2026
Mar 29, 2024$0 then
State-registered IARs (5.B.3)0 as of Jul 17, 2026
Feb 1, 20160 then
Employees (5.A)128 as of Jul 17, 2026
Feb 1, 20168 then
Private funds4 as of Jul 17, 2026
Mar 26, 20211 then
RAUM -7.1% over the last fiscal year+0.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 17, 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
$448MderivedRAUM 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
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
-7.1%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$2.8B, 3 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)
  • 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$3.1B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
7reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$2.8B for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=3.0derived
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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Greenbacker Development Opportunities Fund I, L.P.Private Equity Fund$102M79Mar 26, 2021
      Greenbacker Development Opportunities Fund II (B), L.P.Private Equity Fund$81.8M5Mar 31, 2023
      Greenbacker Development Opportunities Fund II, L.P.Private Equity Fund$73.7M4Mar 31, 2023
      Greenbacker Development Opportunities Fund I (B), L.P.Private Equity Fund$40.0M1Mar 31, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Harris David Sher · Chief Executive Officercontrol
        since 01/2012 · owns less than 5%
      • Lynn Christopher Smith · Chief Financial Officercontrol
        since 02/2024 · owns less than 5%
      • Claude Vuillieme · General Counsel And Chief Compliance Officercontrol
        since 12/2022 · owns less than 5%
      • Warwick Stiles Charles Wheeler · President And Chief Investment Officercontrol
        since 01/2012 · owns less than 5%
      Entity owners
      • Greenbacker Renewable Energy Corporation · Sole Member
        direct · owns 75% or more
      • Greenbacker Renewable Energy Company LLC · Sole Shareholder
        indirect · owns 75% or more of Greenbacker Renewable Energy Corporation · public reporting company
      Related persons
      Schedule D 7.A
      • Greenbacker Administration LLC
        insurancen
      • Greenbacker Renewable Energy Company LLC
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY20 employees
      • Denver, CO1 employees
      • Montpelier, VT1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • employee count dropChange between filings · filing Mar 25, 2026
        employees (Item 5.A) moved from 189.0 to 128.0 (-32.0%) between the annual amendments of 2025-03-28 and 2026-03-25; the peer median change was 0.0% (1109 comparable advisers, 2.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,109) · 2.2% percentile
      What changed
      consecutive filings, newest first
      • Advisory employees · 46 to 34
        Jan 7, 2026 to Mar 25, 2026
      • BD registered reps · 9 to 3
        Jan 7, 2026 to Mar 25, 2026
      • Assets in custody · $212B to $2.8B
        Jan 7, 2026 to Mar 25, 2026
      • Employees · 189 to 128
        Jan 7, 2026 to Mar 25, 2026
      • Discretionary RAUM · $3.4B to $3.1B
        Jan 7, 2026 to Mar 25, 2026
      • Pooled vehicle RAUM · $3.4B to $3.1B
        Jan 7, 2026 to Mar 25, 2026
      • RAUM · $3.4B to $3.1B
        Jan 7, 2026 to Mar 25, 2026
      • Financial planning clients · 0 to 0
        Mar 28, 2025 to Sep 12, 2025
      • Advisory employees · 35 to 46
        Jan 31, 2025 to Mar 28, 2025
      • BD registered reps · 6 to 9
        Jan 31, 2025 to Mar 28, 2025
      • Assets in custody · $3.5B to $212B
        Jan 31, 2025 to Mar 28, 2025
      • Employees · 200 to 189
        Jan 31, 2025 to Mar 28, 2025
      • Discretionary RAUM · $3.8B to $3.4B
        Jan 31, 2025 to Mar 28, 2025
      • Pooled vehicle RAUM · $3.8B to $3.4B
        Jan 31, 2025 to Mar 28, 2025
      • RAUM · $3.8B to $3.4B
        Jan 31, 2025 to Mar 28, 2025
      • BD registered reps · 8 to 6
        Feb 16, 2024 to Mar 29, 2024
      • Assets in custody · $2.8B to $3.5B
        Feb 16, 2024 to Mar 29, 2024
      • Discretionary RAUM · $3.0B to $3.8B
        Feb 16, 2024 to Mar 29, 2024
      • HNW RAUM · unset to 0.0
        Feb 16, 2024 to Mar 29, 2024
      • Individual RAUM · unset to 0.0
        Feb 16, 2024 to Mar 29, 2024
      • Pension RAUM · unset to 0.0
        Feb 16, 2024 to Mar 29, 2024
      • Pooled vehicle RAUM · $3.0B to $3.8B
        Feb 16, 2024 to Mar 29, 2024
      • RAUM · $3.0B to $3.8B
        Feb 16, 2024 to Mar 29, 2024
      • Accounts · 3 to 7
        Dec 21, 2022 to Mar 31, 2023
      • Advisory employees · 62 to 35
        Dec 21, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 3 to 7
        Dec 21, 2022 to Mar 31, 2023
      • Assets in custody · $1.9B to $2.8B
        Dec 21, 2022 to Mar 31, 2023
      • Employees · 154 to 200
        Dec 21, 2022 to Mar 31, 2023
      • Other offices · 2 to 3
        Dec 21, 2022 to Mar 31, 2023
      • Private funds · 1 to 4
        Dec 21, 2022 to Mar 31, 2023
      • Discretionary RAUM · $2.0B to $3.0B
        Dec 21, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $2.0B to $3.0B
        Dec 21, 2022 to Mar 31, 2023
      • RAUM · $2.0B to $3.0B
        Dec 21, 2022 to Mar 31, 2023
      • Advisory employees · 40 to 62
        Oct 12, 2021 to Mar 31, 2022
      • BD registered reps · 6 to 8
        Oct 12, 2021 to Mar 31, 2022
      • Assets in custody · $1.1B to $1.9B
        Oct 12, 2021 to Mar 31, 2022
      • Employees · 100 to 154
        Oct 12, 2021 to Mar 31, 2022
      • Other offices · 1 to 2
        Oct 12, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.1B to $2.0B
        Oct 12, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $1.1B to $2.0B
        Oct 12, 2021 to Mar 31, 2022
      Signals
      19 dated events
      • Julianne Hull (Chief Compliance Officer) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2024-10-30, absent 2024-11-15)
        Nov 15, 2024 · Control person left · inference
      • Lynn Christopher Smith (Chief Financial Officer) appeared on Schedule A of Greenbacker Capital Management Llc
        Feb 16, 2024 · Control person joined · fact
      • Spencer Mash (Chief Financial Officer) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2023-09-22, absent 2024-02-16)
        Feb 16, 2024 · Control person left · inference
      • Vijay Mehul Mehta (Chief Investment Officer) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2023-06-08, absent 2023-09-22)
        Sep 22, 2023 · Control person left · inference
      • Wentworth Elizabeth Cochrane (Secretary) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2023-04-28, absent 2023-06-08)
        Jun 8, 2023 · Control person left · inference
      • Greenbacker Capital Management Llc reported RAUM $3.0B, up 55% from $2.0B (2022-12-21 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Claude Vuillieme (General Counsel) appeared on Schedule A of Greenbacker Capital Management Llc
        Dec 21, 2022 · Control person joined · fact
      • Spencer Mash (Chief Financial Officer) appeared on Schedule A of Greenbacker Capital Management Llc
        Aug 16, 2022 · Control person joined · fact
      • Craig Richard Butt (Chief Financial Officer) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2022-06-16, absent 2022-08-16)
        Aug 16, 2022 · Control person left · inference
      • Navin Anand Gajjar (Member) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2022-03-31, absent 2022-06-16)
        Jun 16, 2022 · Control person left · inference
      • Patrick Robert Brennan (Member) no longer on Schedule A of Greenbacker Capital Management Llc (listed 2022-03-31, absent 2022-06-16)
        Jun 16, 2022 · Control person left · inference
      • Greenbacker Capital Management Llc reported RAUM $2.0B, up 77% from $1.1B (2021-10-12 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Wentworth Elizabeth Cochrane (Secretary) appeared on Schedule A of Greenbacker Capital Management Llc
        Mar 31, 2022 · Control person joined · fact
      • Vijay Mehul Mehta (Chief Investment Officer) appeared on Schedule A of Greenbacker Capital Management Llc
        Oct 12, 2021 · Control person joined · fact
      • Julianne Hull (Chief Compliance Officer) appeared on Schedule A of Greenbacker Capital Management Llc
        Jul 2, 2021 · Control person joined · fact
      • Greenbacker Capital Management Llc reported RAUM $1.1B, up 160% from $429.0M (2021-01-25 to 2021-03-26)
        Mar 26, 2021 · RAUM change · derived
      • Greenbacker Capital Management Llc reported RAUM $429.0M, up 35% from $318.0M (2019-03-29 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Greenbacker Capital Management Llc reported RAUM $318.0M, up 57% from $202.0M (2018-03-08 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Greenbacker Capital Management Llc filed its initial SEC registration (Form ADV)
        Aug 5, 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/greenbacker-group-llcreportedpublic record, Form ADV, Sep 17, 2026
      Website
      greenbackercapital.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      646-556-6611reportedpublic record, Form ADV, Jul 17, 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