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

Grain Management, LLC

Asset manager (funds and pooled vehicles)Washington, District of ColumbiaCRD 285045SEC 801-112864website IAPD

Latest filing Mar 27, 2026

First filing on the tape Mar 19, 2018 · 17 filings

SEC status approved since Apr 19, 2018

RAUM

$8.1B

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

0.0%

$0 individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

36 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

17 filings and snapshots on the tape

RAUM$8.1B as of Mar 27, 2026

Mar 29, 2019$686M then

HNW client RAUM$0 as of Mar 27, 2026

Mar 29, 2019$0 then

State-registered IARs (5.B.3)0 as of Mar 27, 2026

Mar 29, 20190 then

Employees (5.A)77 as of Mar 27, 2026

Mar 29, 201928 then

Private funds26 as of Mar 27, 2026

Mar 29, 20192 then

RAUM +21% over the last fiscal year+18% a year over threeIARs 0 to 0

Practice profile

derived from the filing of Mar 27, 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: $323MderivedRAUM 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: +21%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 vehicles, otherreportedItem 5.G
Custody: $7.4B, 25 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)
marketing includes hypothetical performance (5.L.3)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Pooled investment vehicles$8.1B100%

Individual clients: 0reported
HNW clients: 0reported
Pension plan clients: 0reported
Charitable clients: 0reported
Accounts: 25reported
Financial planning clients: reported
Wrap fee programs: noreported
Custody of client assets: $7.4B for 25 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=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

Every departure Every arrival

Private funds

27 reported on Schedule D 7.B.(1)

Fund	Type	Gross assets	Owners	First reported
Grain Communications Opportunity Fund II, L.P.	Private Equity Fund	$1.8B	67	Mar 19, 2018
Grain Communications Opportinuty Fund III Master, L.P.	Private Equity Fund	$1.7B	4	Mar 30, 2021
Grain Communications Opportunity Fund III, L.P.	Private Equity Fund	$1.0B	72	Mar 30, 2021
Grain Communications Opportunity Fund IV-A, L.P.	Private Equity Fund	$766M	30	Mar 29, 2024
Grain Spectrum Holdings IV Master, L.P.	Other Private Fund	$672M	3	Mar 31, 2023
Grain Spectrum Holdings IV, L.P.	Other Private Fund	$492M	16	Mar 31, 2023
Gcof II Co-Invest (Sc), L.P.	Private Equity Fund	$446M	2	Mar 27, 2020
Grain Communications Opportunity Fund III (De Parallel), L.P.	Private Equity Fund	$355M	2	Mar 30, 2021
Grain Communications Opportunity Fund IV-C, L.P.	Private Equity Fund	$346M	26	Mar 29, 2024
Gsc I, L.P.	Private Equity Fund	$301M	2	Mar 29, 2024
Grain Communications Opportunity Fund III (Parallel), L.P.	Private Equity Fund	$293M	35	Mar 30, 2021
Gcof III Condor Master Aiv-C, L.P.	Private Equity Fund	$172M	3	Mar 31, 2022
Gcof III Condor Master Aiv-B, L.P.	Private Equity Fund	$165M	2	Mar 31, 2022
Gcof III Condor Aiv-B, L.P.	Private Equity Fund	$165M	40	Mar 31, 2022
Grain Spectrum Holdings IV (Cayman), L.P.	Other Private Fund	$163M	6	Mar 31, 2023
Gcof III Condor Master Aiv-A, L.P.	Private Equity Fund	$139M	2	Mar 31, 2022
Gcof III Condor Aiv-A, L.P.	Private Equity Fund	$139M	32	Mar 31, 2022
Gcof III Condor Co-Invest, L.P.	Private Equity Fund	$112M	6	Mar 31, 2022
Gcof III Condor Aiv-C, L.P.	Private Equity Fund	$89.1M	35	Mar 31, 2022
Gcof II Co-Invest (Rc), L.P.	Private Equity Fund	$64.6M	2	Mar 27, 2020
Gcof III Co-Invest (Tc), L.P.	Private Equity Fund	$46.0M	2	Mar 30, 2021
Grain Communications Opportunity Fund IV-E, L.P.	Private Equity Fund	$20.6M	1	Mar 29, 2024
Grain Communications Opportunity Fund IV-D, Scsp	Private Equity Fund	$10.0M	2	Mar 29, 2024
Grain Communications Opportunity Fund IV-B (Tpa), L.P.	Private Equity Fund	$9.9M	2	Mar 29, 2024
Grain Communications Opportunity Fund IV-A (Tpa), L.P.	Private Equity Fund	$7.0M	9	Mar 29, 2024
Grain Communications Opportunity Fund IV-B, L.P.	Private Equity Fund	$0	0	Mar 29, 2024
Grain Communications Opportunity Fund II (Parallel), L.P.no longer reported	Private Equity Fund	$0	1	Mar 19, 2018

Owners and control persons

Schedule A and B, latest filing

Emily Lettice Delittle · Chief Compliance Officercontrol
since 12/2018 · owns less than 5%
Jonathan David Grain · Chief Executive Officercontrol
since 03/2010 · owns less than 5%
Lynn Erika Gray · Chief Financial Officercontrol
since 02/2024 · owns less than 5%
Jonathan David Grain · Ownercontrol
since 01/2006 · owns 75% or more of Grain Capital, LLC

Entity owners

Grain Capital, LLC · Owner
direct · owns 75% or more

Related persons

Schedule D 7.A

Gcof Gp, LLC
pooled vehicle sponsorn
Gcof II Co-Invest Genpar, LLC
pooled vehicle sponsorn
Gcof II Gp, LLC
pooled vehicle sponsorn
Gcof III Co-Invest Genpar, LLC
pooled vehicle sponsorn
Gcof III Gp, LLC
pooled vehicle sponsorn
Gcof IV Gp, L.P.
pooled vehicle sponsorn
Gcof IV-D Gp S.A.R.L.
pooled vehicle sponsorn
Grain Gp II, LLC
pooled vehicle sponsorn
Gsh III Gp, LLC
pooled vehicle sponsorn
Gsh IV Gp, LLC
pooled vehicle sponsorn

Offices

Schedule D 1.F, the 25 largest

New York, NY7 employees
London, United Kingdom2 employees
Sarasota, FL2 employees

What changed

consecutive filings, newest first

Accounts · 26 to 25
Feb 26, 2026 to Mar 27, 2026
Advisory employees · 39 to 36
Feb 26, 2026 to Mar 27, 2026
Pooled vehicle clients · 26 to 25
Feb 26, 2026 to Mar 27, 2026
Assets in custody · $6.8B to $7.4B
Feb 26, 2026 to Mar 27, 2026
Employees · 73 to 77
Feb 26, 2026 to Mar 27, 2026
Discretionary RAUM · $6.7B to $8.1B
Feb 26, 2026 to Mar 27, 2026
Pooled vehicle RAUM · $6.7B to $8.1B
Feb 26, 2026 to Mar 27, 2026
RAUM · $6.7B to $8.1B
Feb 26, 2026 to Mar 27, 2026
Advisory employees · 35 to 39
Mar 29, 2024 to Mar 28, 2025
Assets in custody · $5.4B to $6.8B
Mar 29, 2024 to Mar 28, 2025
Employees · 67 to 73
Mar 29, 2024 to Mar 28, 2025
Financial planning clients · unset to
Mar 29, 2024 to Mar 28, 2025
Discretionary RAUM · $6.3B to $6.7B
Mar 29, 2024 to Mar 28, 2025
Pooled vehicle RAUM · $6.3B to $6.7B
Mar 29, 2024 to Mar 28, 2025
RAUM · $6.3B to $6.7B
Mar 29, 2024 to Mar 28, 2025
Accounts · 16 to 26
Nov 8, 2023 to Mar 29, 2024
Advisory employees · 32 to 35
Nov 8, 2023 to Mar 29, 2024
Pooled vehicle clients · 18 to 26
Nov 8, 2023 to Mar 29, 2024
Assets in custody · $2.9B to $5.4B
Nov 8, 2023 to Mar 29, 2024
Employees · 66 to 67
Nov 8, 2023 to Mar 29, 2024
Other offices · 2 to 3
Nov 8, 2023 to Mar 29, 2024
Private funds · 18 to 26
Nov 8, 2023 to Mar 29, 2024
Discretionary RAUM · $4.9B to $6.3B
Nov 8, 2023 to Mar 29, 2024
Pooled vehicle RAUM · $4.9B to $6.3B
Nov 8, 2023 to Mar 29, 2024
RAUM · $4.9B to $6.3B
Nov 8, 2023 to Mar 29, 2024
Accounts · 15 to 16
Jul 26, 2022 to Mar 31, 2023
Advisory employees · 28 to 32
Jul 26, 2022 to Mar 31, 2023
Pooled vehicle clients · 15 to 18
Jul 26, 2022 to Mar 31, 2023
Assets in custody · $2.0B to $2.9B
Jul 26, 2022 to Mar 31, 2023
Employees · 48 to 66
Jul 26, 2022 to Mar 31, 2023
Private funds · 15 to 18
Jul 26, 2022 to Mar 31, 2023
Discretionary RAUM · $3.7B to $4.9B
Jul 26, 2022 to Mar 31, 2023
Pooled vehicle RAUM · $3.7B to $4.9B
Jul 26, 2022 to Mar 31, 2023
RAUM · $3.7B to $4.9B
Jul 26, 2022 to Mar 31, 2023
Pooled vehicle clients · 8 to 15
Mar 31, 2022 to Jul 26, 2022
Accounts · 8 to 15
Nov 16, 2021 to Mar 31, 2022
Advisory employees · 22 to 28
Nov 16, 2021 to Mar 31, 2022
Assets in custody · $665M to $2.0B
Nov 16, 2021 to Mar 31, 2022
Employees · 41 to 48
Nov 16, 2021 to Mar 31, 2022
Private funds · 8 to 15
Nov 16, 2021 to Mar 31, 2022

Signals

19 dated events

Grain Management, Llc reported RAUM $6.3B, up 28% from $4.9B (2023-11-08 to 2024-03-29)
Mar 29, 2024 · RAUM change · derived
Joseph Thomas Walker (Managing Director, Chief Financial Officer) no longer on Schedule A of Grain Management, Llc (listed 2023-11-08, absent 2024-03-29)
Mar 29, 2024 · Control person left · inference
Lynn Erika Gray (Chief Financial Officer) appeared on Schedule A of Grain Management, Llc
Mar 29, 2024 · Control person joined · fact
Scott Craig Phillips (Managing Director, Chief Operating Officer) no longer on Schedule A of Grain Management, Llc (listed 2023-03-31, absent 2023-10-02)
Oct 2, 2023 · Control person left · inference
Grain Management, Llc reported RAUM $4.9B, up 32% from $3.7B (2022-07-26 to 2023-03-31)
Mar 31, 2023 · RAUM change · derived
Grain Management, Llc reported RAUM $3.7B, up 46% from $2.5B (2021-11-16 to 2022-03-31)
Mar 31, 2022 · RAUM change · derived
Mercedes Del Valle Alonso (Managing Director, Chief Talent Officer) no longer on Schedule A of Grain Management, Llc (listed 2021-11-16, absent 2022-03-31)
Mar 31, 2022 · Control person left · inference
Austin Chad Crank (Managing Director) no longer on Schedule A of Grain Management, Llc (listed 2021-11-16, absent 2022-03-31)
Mar 31, 2022 · Control person left · inference
Charlotte Jean Jones (Chief Financial Officer) no longer on Schedule A of Grain Management, Llc (listed 2021-11-16, absent 2022-03-31)
Mar 31, 2022 · Control person left · inference
Michael Mckenzie (Managing Director) no longer on Schedule A of Grain Management, Llc (listed 2021-11-16, absent 2022-03-31)
Mar 31, 2022 · Control person left · inference
Scott Craig Phillips (Managing Director, Chief Operating Officer) appeared on Schedule A of Grain Management, Llc
Mar 31, 2022 · Control person joined · fact
Joseph Thomas Walker (Managing Director, Chief Financial Officer) appeared on Schedule A of Grain Management, Llc
Mar 31, 2022 · Control person joined · fact
Paul Licursi (Managing Director, Chief Operating Officer) no longer on Schedule A of Grain Management, Llc (listed 2021-03-30, absent 2021-11-16)
Nov 16, 2021 · Control person left · inference
Grain Management, Llc reported RAUM $2.5B, up 159% from $985.3M (2020-09-02 to 2021-03-30)
Mar 30, 2021 · RAUM change · derived
Grain Management, Llc reported RAUM $937.4M, up 37% from $685.9M (2019-03-29 to 2020-03-27)
Mar 27, 2020 · RAUM change · derived
Charlotte Jean Jones (Chief Financial Officer) appeared on Schedule A of Grain Management, Llc
Mar 27, 2020 · Control person joined · fact
Mercedes Del Valle Alonso (Managing Director, Chief Talent Officer) appeared on Schedule A of Grain Management, Llc
Mar 27, 2020 · Control person joined · fact
Grain Management, Llc reported RAUM $685.9M, up 230% from $207.9M (2018-12-20 to 2019-03-29)
Mar 29, 2019 · RAUM change · derived
Grain Management, Llc filed its initial SEC registration (Form ADV)
Mar 19, 2018 · First SEC registration · fact

Across DFX

shared identifiers only, never a name match

Grain Management, LLC · Independent Sponsors
shared crd · capital_provider
Grain Management, LLC · Private Equity
shared crd · organization

How to reach

public business contact points only, each with its source

Firm profile: LINKEDIN.COM/COMPANY/2067357reportedpublic record, Form ADV, Sep 17, 2026
Firm profile: LINKEDIN.COM/COMPANY/2879830reportedpublic record, Form ADV, Sep 17, 2026
Website: GRAINGP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 202-779-9055reportedpublic record, Form ADV, Mar 27, 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