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

I•••••• A•••• M••••••••• ••• L••••••

Asset manager (funds and pooled vehicles)Hong Kong, CRD 286174SEC 801-120322IAPD
Latest filing Sep 25, 2025
First filing on the tape Jan 14, 2021 · 9 filings
SEC status approved since Aug 30, 2021
RAUM
$1.1B
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
13
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$1.1B as of Sep 25, 2025
Sep 21, 2022$1.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Sep 25, 2025
Sep 21, 20220 then
Employees (5.A)13 as of Sep 25, 2025
Sep 21, 202210 then
Private funds3 as of Sep 25, 2025
Sep 21, 20223 then
RAUM -2.5% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Sep 25, 2025; 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
$228MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
15%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
-13%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
$589M, 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$973M85%
  • Sovereign wealth funds$167M15%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$589M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.85 institutional_share=0.15 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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      I•••••• C•••• F•••• M••••• F•••Hedge Fund$599M86Mar 20, 2017
      I•••••• C•••• E••••• M••••• F•••Other Private Fund$38.4M10Sep 8, 2020
      I•• L••••• R••• I• L••••••Private Equity Fund$15.2M3Sep 21, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • D•••••• Y••••••• · Director/ Chief Operating Officer/ Chief Compliance Officercontrol
        since 05/2018 · owns less than 5%
      • H••••• Y••• · Director / Chief Investment Officercontrol
        since 06/2013 · owns less than 5%
      • X•• G••• · Directorcontrol
        since 07/2018 · owns less than 5%
      • H••••• Y••• · Shareholdercontrol
        since 07/2020 · owns 75% or more of G••• S•••• G••• L••••••
      Entity owners
      • G••• S•••• G••• L•••••• · Shareholder
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $778M to $589M
        Sep 23, 2024 to Sep 25, 2025
      • Employees · 14 to 13
        Sep 23, 2024 to Sep 25, 2025
      • Financial planning clients · unset to
        Sep 23, 2024 to Sep 25, 2025
      • HQ state · unset to
        Sep 23, 2024 to Sep 25, 2025
      • Discretionary RAUM · $1.0B to $1.1B
        Sep 23, 2024 to Sep 25, 2025
      • Pooled vehicle RAUM · $792M to $973M
        Sep 23, 2024 to Sep 25, 2025
      • RAUM · $1.0B to $1.1B
        Sep 23, 2024 to Sep 25, 2025
      • Advisory employees · 3 to 7
        Sep 22, 2023 to Sep 23, 2024
      • Assets in custody · $632M to $778M
        Sep 22, 2023 to Sep 23, 2024
      • Employees · 10 to 14
        Sep 22, 2023 to Sep 23, 2024
      • Discretionary RAUM · $1.2B to $1.0B
        Sep 22, 2023 to Sep 23, 2024
      • Pooled vehicle RAUM · $915M to $792M
        Sep 22, 2023 to Sep 23, 2024
      • RAUM · $1.2B to $1.0B
        Sep 22, 2023 to Sep 23, 2024
      • Assets in custody · $737M to $632M
        Sep 21, 2022 to Sep 22, 2023
      • Discretionary RAUM · $1.2B to $1.2B
        Sep 21, 2022 to Sep 22, 2023
      • Pooled vehicle RAUM · $1.0B to $915M
        Sep 21, 2022 to Sep 22, 2023
      • RAUM · $1.2B to $1.2B
        Sep 21, 2022 to Sep 22, 2023
      • Accounts · 3 to 5
        Apr 22, 2022 to Sep 21, 2022
      • Pooled vehicle clients · 3 to 4
        Apr 22, 2022 to Sep 21, 2022
      • Assets in custody · $862M to $737M
        Apr 22, 2022 to Sep 21, 2022
      • Employees · 9 to 10
        Apr 22, 2022 to Sep 21, 2022
      • Private funds · 2 to 3
        Apr 22, 2022 to Sep 21, 2022
      • Discretionary RAUM · $1.0B to $1.2B
        Apr 22, 2022 to Sep 21, 2022
      • Pooled vehicle RAUM · $1.0B to $1.0B
        Apr 22, 2022 to Sep 21, 2022
      • RAUM · $1.0B to $1.2B
        Apr 22, 2022 to Sep 21, 2022
      • Assets in custody · unset to 862000000.0
        Jan 14, 2021 to Jul 22, 2021
      • Custody of client assets · false to true
        Jan 14, 2021 to Jul 22, 2021
      • Private funds · 4 to 2
        Jan 14, 2021 to Jul 22, 2021
      • Discretionary RAUM · $856M to $1.0B
        Jan 14, 2021 to Jul 22, 2021
      • Pooled vehicle RAUM · $856M to $1.0B
        Jan 14, 2021 to Jul 22, 2021
      • RAUM · $856M to $1.0B
        Jan 14, 2021 to Jul 22, 2021
      Signals
      1 dated events
      • I•••••• A•••• M••••••••• ••• L•••••• filed its initial SEC registration (Form ADV)
        Jan 14, 2021 · 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
      +852 2620 0482reportedpublic record, Form ADV, Sep 25, 2025
      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