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

N•••••••• C•••••• P•••••••

Asset manager (funds and pooled vehicles)Bethesda, MarylandCRD 285990SEC 801-108699websiteIAPD
Legal name N•••••••• C•••••• P•••••••• L••
Latest filing May 8, 2026
First filing on the tape Nov 14, 2016 · 16 filings
SEC status approved since Dec 6, 2016
RAUM
$1.2B
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
22
18 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$1.2B as of May 8, 2026
Mar 28, 2017$683M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 8, 2026
Mar 28, 20170 then
Employees (5.A)22 as of May 8, 2026
Mar 28, 201712 then
Private funds3 as of May 8, 2026
Mar 28, 20171 then
RAUM +4.8% over the last fiscal year+7.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 8, 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
$385MderivedRAUM 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
+4.8%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
Custody
$398M, 2 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)
  • 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$1.2B100%
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
$398M for 2 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
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      N•••••••• C•••••• P••••••• I•• L•Private Equity Fund$461M51Mar 30, 2020
      N•••••••• C•••••• P••••••• I• L•Private Equity Fund$337M35Mar 28, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • N••••••••• T•••••• M•••••• · Chief Compliance Officer And Chief Financial Officercontrol
        since 10/2021 · owns less than 5%
      • D•••••• J•••••• D••••• · Membercontrol
        since 04/2021 · owns 25% to 50% of N•••••••• C•••••• P••••••• U•• H•••••••• L••
      • E••••• S•••• A••••• · Membercontrol
        since 04/2021 · owns 25% to 50% of N•••••••• C•••••• P••••••• U•• H•••••••• L••
      • K••••••••• E•••••• N•• · Membercontrol
        since 04/2021 · owns 25% to 50% of N•••••••• C•••••• P••••••• U•• H•••••••• L••
      Entity owners
      • N•• M•••••• H•••••••• L• · Member
        direct · owns 75% or more
      • N•••••••• C•••••• P••••••• U•• H•••••••• L•• · M••••••
        direct · owns less than 5%
      • N•••••••• C•••••• P••••••• U•• H•••••••• L•• · General Partner
        indirect · owns F of N•• F•••••• L•
      • N•••••••• C•••••• P••••••• U•• H•••••••• L•• · General Partner
        indirect · owns F of N•• M•••••• H•••••••• L•
      • N•• F•••••• L• · Partner
        indirect · owns 75% or more of N•• M•••••• H•••••••• L•
      Related persons
      Schedule D 7.A
      • N•••••••• C•••••• P••••••• I• G•• L•
        pooled vehicle sponsorn
      • N•••••••• C•••••• P••••••• I• G•• L•
        pooled vehicle sponsorn
      • N•••••••• C•••••• P••••••• I•• G• L•
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 15 to 18
        Mar 21, 2025 to Mar 30, 2026
      • Assets in custody · $655M to $398M
        Mar 21, 2025 to Mar 30, 2026
      • Employees · 19 to 22
        Mar 21, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.1B to $1.2B
        Mar 21, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.1B to $1.2B
        Mar 21, 2025 to Mar 30, 2026
      • RAUM · $1.1B to $1.2B
        Mar 21, 2025 to Mar 30, 2026
      • Accounts · 2 to 3
        Mar 28, 2024 to Mar 21, 2025
      • Advisory employees · 14 to 15
        Mar 28, 2024 to Mar 21, 2025
      • Pooled vehicle clients · 2 to 3
        Mar 28, 2024 to Mar 21, 2025
      • Assets in custody · $946M to $655M
        Mar 28, 2024 to Mar 21, 2025
      • Employees · 20 to 19
        Mar 28, 2024 to Mar 21, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 21, 2025
      • Private funds · 2 to 3
        Mar 28, 2024 to Mar 21, 2025
      • Discretionary RAUM · $946M to $1.1B
        Mar 28, 2024 to Mar 21, 2025
      • Pooled vehicle RAUM · $946M to $1.1B
        Mar 28, 2024 to Mar 21, 2025
      • RAUM · $946M to $1.1B
        Mar 28, 2024 to Mar 21, 2025
      • Assets in custody · $936M to $946M
        Mar 30, 2023 to Mar 28, 2024
      • Employees · 19 to 20
        Mar 30, 2023 to Mar 28, 2024
      • Discretionary RAUM · $936M to $946M
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $936M to $946M
        Mar 30, 2023 to Mar 28, 2024
      • RAUM · $936M to $946M
        Mar 30, 2023 to Mar 28, 2024
      • Advisory employees · 12 to 14
        Mar 29, 2022 to Mar 30, 2023
      • Assets in custody · $948M to $936M
        Mar 29, 2022 to Mar 30, 2023
      • Employees · 17 to 19
        Mar 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $948M to $936M
        Mar 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $948M to $936M
        Mar 29, 2022 to Mar 30, 2023
      • RAUM · $948M to $936M
        Mar 29, 2022 to Mar 30, 2023
      • Assets in custody · $839M to $948M
        Oct 21, 2021 to Mar 29, 2022
      • Employees · 15 to 17
        Oct 21, 2021 to Mar 29, 2022
      • Discretionary RAUM · $839M to $948M
        Oct 21, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $839M to $948M
        Oct 21, 2021 to Mar 29, 2022
      • RAUM · $839M to $948M
        Oct 21, 2021 to Mar 29, 2022
      • Advisory employees · 13 to 12
        May 19, 2021 to Oct 21, 2021
      • Employees · 16 to 15
        May 19, 2021 to Oct 21, 2021
      • Advisory employees · 10 to 13
        Mar 30, 2020 to Mar 24, 2021
      • Assets in custody · $365M to $839M
        Mar 30, 2020 to Mar 24, 2021
      • Employees · 12 to 16
        Mar 30, 2020 to Mar 24, 2021
      • Discretionary RAUM · $365M to $839M
        Mar 30, 2020 to Mar 24, 2021
      • Pooled vehicle RAUM · $365M to $839M
        Mar 30, 2020 to Mar 24, 2021
      • RAUM · $365M to $839M
        Mar 30, 2020 to Mar 24, 2021
      Signals
      6 dated events
      • Ehrenfest David Steinglass (Member) no longer on Schedule A of N•••••••• C•••••• P••••••• (listed 2023-03-30, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • James Brian Foist (Chief Financial Officer And Chief Compliance Officer) no longer on Schedule A of N•••••••• C•••••• P••••••• (listed 2021-05-19, absent 2021-10-21)
        Oct 21, 2021 · Control person left · inference
      • Michael Travis Neuscheler (Chief Compliance Officer And Senior Vice President Of Finance) appeared on Schedule A of N•••••••• C•••••• P•••••••
        Oct 21, 2021 · Control person joined · fact
      • N•••••••• C•••••• P••••••• reported RAUM $839.3M, up 130% from $364.9M (2020-03-30 to 2021-03-24)
        Mar 24, 2021 · RAUM change · derived
      • N•••••••• C•••••• P••••••• reported RAUM $467.0M, down 40% from $780.2M (2018-03-30 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • N•••••••• C•••••• P••••••• filed its initial SEC registration (Form ADV)
        Nov 14, 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
      Firm profile
      LINKEDIN.COM/COMPANY/N••••••••-CAPITAL-PARTNERSreportedpublic record, Form ADV, Sep 18, 2026
      Website
      N••••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      301-272-9990reportedpublic record, Form ADV, May 8, 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