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•••••••• E••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 290326SEC 801-121890websiteIAPD
Latest filing May 18, 2026
First filing on the tape Jun 28, 2021 · 11 filings
SEC status approved since Jul 29, 2021
RAUM
$667M
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
16
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
8
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$667M as of May 18, 2026
Mar 28, 2022$421M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 18, 2026
Mar 28, 20220 then
Employees (5.A)16 as of May 18, 2026
Mar 28, 202211 then
Private funds8 as of May 18, 2026
Mar 28, 20226 then
RAUM -2.4% over the last fiscal year+14% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 18, 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
$83.4MderivedRAUM 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
-2.4%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$15.3M, 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
  • 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$667M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$15.3M 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
      7 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • F••••••• J•••• W••••• · Partnercontrol
        since 10/2019 · owns less than 5%
      • H••••••• L•••• B••• · Chief Compliance Officer & Chief Financial Officercontrol
        since 03/2021 · owns less than 5%
      • J•••••• S•••••• B•••••• · Partner; Sole Membercontrol
        since 12/2012 · owns 75% or more
      Related persons
      Schedule D 7.A
      • P•••••••• E••••• I• G•• L•••
        pooled vehicle sponsorn
      • P•••••••• E••••• I• G•• L•••
        pooled vehicle sponsorn
      • P••••••••• C•••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $667M to $667M
        Mar 23, 2026 to May 18, 2026
      • Pooled vehicle RAUM · $667M to $667M
        Mar 23, 2026 to May 18, 2026
      • RAUM · $667M to $667M
        Mar 23, 2026 to May 18, 2026
      • Advisory employees · 12 to 15
        May 5, 2025 to Mar 23, 2026
      • Assets in custody · $36.1M to $15.3M
        May 5, 2025 to Mar 23, 2026
      • Employees · 13 to 16
        May 5, 2025 to Mar 23, 2026
      • Discretionary RAUM · $683M to $667M
        May 5, 2025 to Mar 23, 2026
      • Pooled vehicle RAUM · $683M to $667M
        May 5, 2025 to Mar 23, 2026
      • RAUM · $683M to $667M
        May 5, 2025 to Mar 23, 2026
      • Financial planning clients · unset to
        Mar 19, 2025 to May 5, 2025
      • Discretionary RAUM · $683M to $683M
        Mar 19, 2025 to May 5, 2025
      • Pooled vehicle RAUM · $683M to $683M
        Mar 19, 2025 to May 5, 2025
      • RAUM · $683M to $683M
        Mar 19, 2025 to May 5, 2025
      • Accounts · 6 to 8
        Apr 22, 2024 to Mar 19, 2025
      • Pooled vehicle clients · 6 to 8
        Apr 22, 2024 to Mar 19, 2025
      • Assets in custody · $47.8M to $36.1M
        Apr 22, 2024 to Mar 19, 2025
      • Private funds · 6 to 8
        Apr 22, 2024 to Mar 19, 2025
      • Discretionary RAUM · $436M to $683M
        Apr 22, 2024 to Mar 19, 2025
      • Pooled vehicle RAUM · $436M to $683M
        Apr 22, 2024 to Mar 19, 2025
      • RAUM · $436M to $683M
        Apr 22, 2024 to Mar 19, 2025
      • Assets in custody · $44.9M to $47.8M
        May 3, 2023 to Mar 22, 2024
      • Discretionary RAUM · $447M to $436M
        May 3, 2023 to Mar 22, 2024
      • Pooled vehicle RAUM · $447M to $436M
        May 3, 2023 to Mar 22, 2024
      • RAUM · $447M to $436M
        May 3, 2023 to Mar 22, 2024
      • Assets in custody · $44.9M to $44.9M
        Mar 28, 2023 to May 3, 2023
      • Discretionary RAUM · $447M to $447M
        Mar 28, 2023 to May 3, 2023
      • Pooled vehicle RAUM · $447M to $447M
        Mar 28, 2023 to May 3, 2023
      • RAUM · $447M to $447M
        Mar 28, 2023 to May 3, 2023
      • Advisory employees · 9 to 12
        May 3, 2022 to Mar 28, 2023
      • Assets in custody · $54.6M to $44.9M
        May 3, 2022 to Mar 28, 2023
      • Employees · 11 to 13
        May 3, 2022 to Mar 28, 2023
      • Discretionary RAUM · $421M to $447M
        May 3, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $421M to $447M
        May 3, 2022 to Mar 28, 2023
      • RAUM · $421M to $447M
        May 3, 2022 to Mar 28, 2023
      • Assets in custody · $54.6M to $54.6M
        Mar 28, 2022 to May 3, 2022
      • Discretionary RAUM · $421M to $421M
        Mar 28, 2022 to May 3, 2022
      • Pooled vehicle RAUM · $421M to $421M
        Mar 28, 2022 to May 3, 2022
      • RAUM · $421M to $421M
        Mar 28, 2022 to May 3, 2022
      • Assets in custody · $186M to $54.6M
        Jun 28, 2021 to Mar 28, 2022
      • Employees · 13 to 11
        Jun 28, 2021 to Mar 28, 2022
      Signals
      2 dated events
      • P•••••••• E••••• L•• reported RAUM $683.2M, up 57% from $436.3M (2024-04-22 to 2025-03-19)
        Mar 19, 2025 · RAUM change · derived
      • P•••••••• E••••• L•• filed its initial SEC registration (Form ADV)
        Jun 28, 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
      Firm profile
      linkedin.com/company/periscope-equity-llcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      periscopeequity.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-281-6205reportedpublic record, Form ADV, May 18, 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