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•••••• M••••••••• I•••

Asset manager (funds and pooled vehicles)Brossard, Quebec, CRD 290100SEC 801-128499websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jun 30, 2023 · 10 filings
SEC status approved since Jul 28, 2023
RAUM
$13B
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
112
89 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
28
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$13B as of Mar 27, 2026
Mar 27, 2024$7.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 27, 20240 then
Employees (5.A)112 as of Mar 27, 2026
Mar 27, 202484 then
Private funds28 as of Mar 27, 2026
Mar 27, 202422 then
RAUM +57% over the last fiscal yearIARs 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
$194MderivedRAUM 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
unknownderived3 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
Custody
$7.4B, 68 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 testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$13B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
68reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$7.4B for 68 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
      23 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      N•••••• I••••••••• T•• V•• L•••Private Equity Fund$463M46Jun 30, 2023
      N•••••• T•• I••••••••• S••••• C••••••••• V••••••• L•••Private Equity Fund$340M28Jun 30, 2023
      N•••••• I••••••••• T•• V• L•••Private Equity Fund$329M25Mar 7, 2019
      N•••••• I••••••••• T•• V•••• L•••Private Equity Fund$306M44Jun 30, 2023
      N•••••• I••••••••• I••••••••• M••••• C••••••••• V••••••• L•••Private Equity Fund$270M22Jun 30, 2023
      N•••••• T•• V• C••••••••• ••••••• L•••Private Equity Fund$265M19Mar 30, 2020
      N•••••• T•• V• C••••••••• ••••••••• L•••Private Equity Fund$165M13Jun 30, 2023
      N•••••• I••••••••• I••••••••• V• L•••Private Equity Fund$111M29Mar 30, 2020
      N•••••• T•• V• C••••••••• •••••••• L•••Private Equity Fund$106M22Mar 27, 2024
      N•••••• I••••••••• D•••••• I••••••••• I• L•••Private Equity Fund$76.1M20Jun 30, 2023
      N•• T•• V• •••••• L•Private Equity Fund$63.4M47Jun 30, 2023
      N•••••• T•• V• C••••••••• ••••••••• L•••Private Equity Fund$56.7M19Jun 30, 2023
      N•••••• T•• V• C••••••••• •••••••• L•••Private Equity Fund$48.8M6Jun 30, 2023
      N•••••• D• C••••••••• ••• W••••• L•••Private Equity Fund$44.3M4Jun 30, 2023
      N•••••• I••••••••• T•• I•• L•••Private Equity Fund$30.3M10Mar 7, 2019
      N•••••• I••••••••• I••••••••• I••• L•••Private Equity Fund$17.5M3Jun 30, 2023
      N•••••• I••••••••• I••••••••• I•• L•••Private Equity Fund$7.6M10Mar 7, 2019
      N•••••• I••••••••• I••••••••• I••••• L••Private Equity Fund$5.5M1Jun 30, 2023
      N•• T•• S••••• C••••••••• V••••••• L•••Private Equity Fund$5.1M11Jun 30, 2023
      N•• I••••••••• T•• V•• L•••Private Equity Fund$3.1M4Jun 30, 2023
      N•••••• T••••••••• I••••••••• I••• L•••Private Equity Fund$881,6474Jun 30, 2023
      N•••••• T••••••••• I••••••••• I••••• L•••Private Equity Fund$250,7861Jun 30, 2023
      N•••••• D• U••• I• • L•••Private Equity Fund$3,33112Mar 27, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• S•••••••• N•• · Chief Financial Officercontrol
        since 12/2013 · owns less than 5%
      • F••••• J••••••• N•• · Presidentcontrol
        since 12/2013 · owns less than 5%
      • T•••••••• P•••••• N•• · Presidentcontrol
        since 12/2013 · owns less than 5%
      • T•••••••• J••••••• •••• · Chief Compliance Officercontrol
        since 01/2024 · owns less than 5%
      Entity owners
      • N•••••• F••• M••••••••• I••• · Shareholder Of N•••••• M••••••••• I•••
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • N•••••• M••••••••• F•••••••• S••••••• I• I•••
        investment adviserpooled vehicle sponsorn
      • N•••••• M••••••••• I••••••••• I••• L•••
        investment adviserpooled vehicle sponsorn
      • N•••••• M••••••••• T••••••••• I••• L•••
        investment adviserpooled vehicle sponsorn
      • N•••••• M••••••••• U• I•••
        investment adviseryRAUM $12B
      • N•••••• P•••••••• L•••
        investment adviserpooled vehicle sponsorn
      Advisers that list N•••••• M••••••••• I••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Toronto, Ontario, Canada15 employees
      • New York, NY7 employees
      What changed
      consecutive filings, newest first
      • Accounts · 61 to 68
        Feb 3, 2026 to Mar 27, 2026
      • Advisory employees · 78 to 89
        Feb 3, 2026 to Mar 27, 2026
      • Pooled vehicle clients · 61 to 68
        Feb 3, 2026 to Mar 27, 2026
      • Assets in custody · $5.4B to $7.4B
        Feb 3, 2026 to Mar 27, 2026
      • Employees · 103 to 112
        Feb 3, 2026 to Mar 27, 2026
      • Private funds · 24 to 28
        Feb 3, 2026 to Mar 27, 2026
      • Discretionary RAUM · $8.4B to $13B
        Feb 3, 2026 to Mar 27, 2026
      • Pooled vehicle RAUM · $8.4B to $13B
        Feb 3, 2026 to Mar 27, 2026
      • RAUM · $8.4B to $13B
        Feb 3, 2026 to Mar 27, 2026
      • Accounts · 51 to 61
        Jul 11, 2024 to Mar 26, 2025
      • Advisory employees · 58 to 78
        Jul 11, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 51 to 61
        Jul 11, 2024 to Mar 26, 2025
      • Assets in custody · $4.7B to $5.4B
        Jul 11, 2024 to Mar 26, 2025
      • Employees · 84 to 103
        Jul 11, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Jul 11, 2024 to Mar 26, 2025
      • HQ state · unset to
        Jul 11, 2024 to Mar 26, 2025
      • Private funds · 21 to 24
        Jul 11, 2024 to Mar 26, 2025
      • Discretionary RAUM · $7.4B to $8.4B
        Jul 11, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $7.4B to $8.4B
        Jul 11, 2024 to Mar 26, 2025
      • RAUM · $7.4B to $8.4B
        Jul 11, 2024 to Mar 26, 2025
      • Private funds · 22 to 21
        Mar 27, 2024 to Apr 29, 2024
      • Accounts · 44 to 51
        Feb 7, 2024 to Mar 27, 2024
      • Advisory employees · 45 to 58
        Feb 7, 2024 to Mar 27, 2024
      • Pooled vehicle clients · 44 to 51
        Feb 7, 2024 to Mar 27, 2024
      • Assets in custody · $4.0B to $4.7B
        Feb 7, 2024 to Mar 27, 2024
      • Employees · 88 to 84
        Feb 7, 2024 to Mar 27, 2024
      • Private funds · 21 to 22
        Feb 7, 2024 to Mar 27, 2024
      • Discretionary RAUM · $6.7B to $7.4B
        Feb 7, 2024 to Mar 27, 2024
      • Pooled vehicle RAUM · $6.7B to $7.4B
        Feb 7, 2024 to Mar 27, 2024
      • RAUM · $6.7B to $7.4B
        Feb 7, 2024 to Mar 27, 2024
      • Business name · N•••••• to N•••••• M••••••••• I•••
        Jun 30, 2023 to Jul 24, 2023
      • Private funds · 42 to 21
        Jun 30, 2023 to Jul 24, 2023
      Signals
      4 dated events
      • N•••••• M••••••••• I••• reported RAUM $13.2B, up 57% from $8.4B (2026-02-03 to 2026-03-27)
        Mar 27, 2026 · RAUM change · derived
      • (Nmn) Josiane Turcotte (Chief Compliance Officer) appeared on Schedule A of N•••••• M••••••••• I•••
        Feb 7, 2024 · Control person joined · fact
      • Nmn Stephane Blanchet (Chief Financial Officer) appeared on Schedule A of N•••••• M••••••••• I•••
        Jul 24, 2023 · Control person joined · fact
      • Novacap filed its initial SEC registration (Form ADV)
        Jun 30, 2023 · 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
      Website
      N••••••CORP.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      1-450-651-5000reportedpublic 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