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

P••••••••• P••••••• M••••••••• C••• L•••••

Asset manager (funds and pooled vehicles)Villanova, PennsylvaniaCRD 281131SEC 801-106555websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Aug 13, 2015 · 21 filings
SEC status approved since Aug 21, 2015
RAUM
$485M
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
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$485M as of Mar 31, 2026
Mar 29, 2016$25.9M 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)3 as of Mar 31, 2026
Mar 29, 20169 then
Private funds3 as of Mar 31, 2026
Mar 29, 20161 then
RAUM +57% over the last fiscal year+38% 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
$162MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+57%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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$485M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
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=false 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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H••••••• I••••••••• L•••Private Equity Fund$310M34Mar 31, 2022
      P••••••••• P••••••• I• L•••Private Equity Fund$40.2M279Aug 13, 2015
      G••••••• I• L•••Private Equity Fund$2.0M20Mar 31, 2021
      G••••••• L•••Private Equity Fund$1.6M118Mar 31, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• J••••• C•••••• · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • C•••• G••••••• C••••••• · Limited Partnercontrol
        since 12/2014 · owns 75% or more
      • C•••••• E••••• J••••• · Chief Financial Officercontrol
        since 09/2024 · owns less than 5%
      • C•••• G••••••• C••••••• · Member And Managercontrol
        since 12/2014 · owns 75% or more of C•••••••• L••
      Entity owners
      • C•••••••• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • G••••••• G• L•
        pooled vehicle sponsorn
      • M•••••••• F• I••••• G• L•
        pooled vehicle sponsorn
      • M•••••••• P••••••• F• G• L•••
        pooled vehicle sponsorn
      • M•••••••• P••••••• I•• G•• L•••
        pooled vehicle sponsorn
      • M•••••••• P••••••• I• G•• L•••
        pooled vehicle sponsorn
      • Mp Next Capital
        investment advisernRAUM $591M
      • P••••••••• P••••••• I• G•• L•
        pooled vehicle sponsorn
      Advisers that list P••••••••• P••••••• M••••••••• C••• L••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $309,214,656 to $485,479,513 (+57.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +4.0% (1147 comparable advisers, 92.0th percentile of changes)
        peers: asset managers, $100M to $500M (1,147) · 92% percentile
      What changed
      consecutive filings, newest first
      • Advisory employees · 4 to 3
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 4 to 3
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $309M to $485M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $309M to $485M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $309M to $485M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 4 to 3
        Sep 27, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 4 to 3
        Sep 27, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Sep 27, 2024 to Mar 31, 2025
      • Private funds · 4 to 3
        Sep 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $353M to $309M
        Sep 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $353M to $309M
        Sep 27, 2024 to Mar 31, 2025
      • RAUM · $353M to $309M
        Sep 27, 2024 to Mar 31, 2025
      • Business name · P••••••••• P••••••• M••••••••• C• L• to P••••••••• P••••••• M••••••••• C••• L•••••
        Mar 28, 2024 to Jun 10, 2024
      • Legal name · P••••••••• P••••••• M••••••••• C• L• to P••••••••• P••••••• M••••••••• C••• L•••••
        Mar 28, 2024 to Jun 10, 2024
      • Succession · true to false
        Mar 28, 2024 to Jun 10, 2024
      • Advisory employees · 5 to 4
        Jun 26, 2023 to Mar 28, 2024
      • Employees · 7 to 4
        Jun 26, 2023 to Mar 28, 2024
      • Organization form · Limited Partnership to Limited Liability Company
        Jun 26, 2023 to Mar 28, 2024
      • Discretionary RAUM · $186M to $353M
        Jun 26, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $186M to $353M
        Jun 26, 2023 to Mar 28, 2024
      • RAUM · $186M to $353M
        Jun 26, 2023 to Mar 28, 2024
      • Succession · false to true
        Jun 26, 2023 to Mar 28, 2024
      • Advisory employees · 8 to 5
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 10 to 7
        Mar 31, 2022 to Mar 31, 2023
      • HQ city · RADNOR to VILLANOVA
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $328M to $186M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $328M to $186M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $328M to $186M
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 3 to 4
        May 11, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 3 to 4
        May 11, 2021 to Mar 31, 2022
      • Private funds · 3 to 4
        May 11, 2021 to Mar 31, 2022
      • Discretionary RAUM · $223M to $328M
        May 11, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $223M to $328M
        May 11, 2021 to Mar 31, 2022
      • RAUM · $223M to $328M
        May 11, 2021 to Mar 31, 2022
      • Accounts · 1 to 3
        Sep 4, 2020 to Mar 31, 2021
      • Advisory employees · 12 to 8
        Sep 4, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 1 to 3
        Sep 4, 2020 to Mar 31, 2021
      • Employees · 12 to 10
        Sep 4, 2020 to Mar 31, 2021
      • Other offices · 1 to 0
        Sep 4, 2020 to Mar 31, 2021
      • Private funds · 1 to 3
        Sep 4, 2020 to Mar 31, 2021
      Signals
      15 dated events
      • P••••••••• P••••••• M••••••••• C••• L••••• reported RAUM $485.5M, up 57% from $309.2M (2025-03-31 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • J••••• E•••• C••••• (Chief Financial Officer) appeared on Schedule A of P••••••••• P••••••• M••••••••• C••• L•••••
        Sep 27, 2024 · Control person joined · fact
      • Anthony Michael Todd (Chief Financial Officer) no longer on Schedule A of P••••••••• P••••••• M••••••••• C••• L••••• (listed 2024-06-10, absent 2024-09-27)
        Sep 27, 2024 · Control person left · inference
      • P••••••••• P••••••• M••••••••• C• L• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Mar 28, 2024 · Succession (Item 4) · fact
      • Cameron James Billmyer (Chief Compliance Officer) appeared on Schedule A of P••••••••• P••••••• M••••••••• C••• L•••••
        Mar 28, 2024 · Control person joined · fact
      • P••••••••• P••••••• M••••••••• C••• L••••• reported RAUM $353.3M, up 89% from $186.4M (2023-06-26 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • P••••••••• P••••••• M••••••••• C••• L••••• reported RAUM $186.4M, down 43% from $327.6M (2022-03-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • P••••••••• P••••••• M••••••••• C••• L••••• reported RAUM $327.6M, up 47% from $222.7M (2021-05-11 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Theodore Paul Winn (Partner) no longer on Schedule A of P••••••••• P••••••• M••••••••• C••• L••••• (listed 2021-05-11, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Christian Eric Andersen (Limited Partner) no longer on Schedule A of P••••••••• P••••••• M••••••••• C••• L••••• (listed 2021-05-11, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Jay John Nowaczyk (Cfo & Cco) no longer on Schedule A of P••••••••• P••••••• M••••••••• C••• L••••• (listed 2021-05-11, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Anthony Michael Todd (Cfo & Cco) appeared on Schedule A of P••••••••• P••••••• M••••••••• C••• L•••••
        Mar 31, 2022 · Control person joined · fact
      • Jay John Nowaczyk (Cfo & Cco) appeared on Schedule A of P••••••••• P••••••• M••••••••• C••• L•••••
        Sep 4, 2020 · Control person joined · fact
      • Peter John Lloyd (Cfo & Cco) no longer on Schedule A of P••••••••• P••••••• M••••••••• C••• L••••• (listed 2020-03-30, absent 2020-09-04)
        Sep 4, 2020 · Control person left · inference
      • P••• E••••• P••••••• filed its initial SEC registration (Form ADV)
        Aug 13, 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/P•••••••••PARTNERSreportedpublic record, Form ADV, Sep 19, 2026
      Website
      P•••••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      484-253-0001reportedpublic 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