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
Mfn Partners Management, LP
Latest filing Mar 25, 2026
First filing on the tape Jan 12, 2018 · 13 filings
SEC status approved since Feb 16, 2018
RAUM
$12B
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
17
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$12B as of Mar 25, 2026
Mar 29, 2019$1.6B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 29, 20190 then
Employees (5.A)17 as of Mar 25, 2026
Mar 29, 201912 then
Private funds1 as of Mar 25, 2026
Mar 29, 20191 then
RAUM +36% over the last fiscal year+47% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 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
- $12BderivedRAUM 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
- +36%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
- $12B, 1 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)
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$12B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $12B for 1 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
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Mfn Partners, LP | Hedge Fund | $7.1B | 98 | Mar 26, 2018 |
Owners and control persons
Schedule A and B, latest filing
- Frank Michael Demichele · Foundercontrolsince 11/2016 · owns 25% to 50%
- Megan Hart · Chief Operating Officercontrolsince 09/2023 · owns less than 5%
- Farhad Nanji · Foundercontrolsince 11/2016 · owns 25% to 50%
- Paul Jonathan Reisman · Chief Compliance Officer, General Counselcontrolsince 12/2017 · owns less than 5%
- Mccabe Maureen Rives · Chief Financial Officercontrolsince 09/2023 · owns less than 5%
- Frank Michael Demichele · Membercontrolsince 11/2016 · owns 50% to 75% of Mfn Partners Management LLC
- Farhad Nanji · Membercontrolsince 11/2016 · owns 50% to 75% of Mfn Partners Management LLC
Entity owners
- Mfn Partners Management LLC · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- Mfn Partners Gp, LLCinvestment adviserpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Assets in custody · $9.1B to $12BMar 26, 2025 to Mar 25, 2026
- Discretionary RAUM · $9.1B to $12BMar 26, 2025 to Mar 25, 2026
- Pooled vehicle RAUM · $9.1B to $12BMar 26, 2025 to Mar 25, 2026
- RAUM · $9.1B to $12BMar 26, 2025 to Mar 25, 2026
- Assets in custody · $7.1B to $9.1BMar 27, 2024 to Mar 26, 2025
- Employees · 16 to 17Mar 27, 2024 to Mar 26, 2025
- Financial planning clients · unset to Mar 27, 2024 to Mar 26, 2025
- Discretionary RAUM · $7.1B to $9.1BMar 27, 2024 to Mar 26, 2025
- Pooled vehicle RAUM · $7.1B to $9.1BMar 27, 2024 to Mar 26, 2025
- RAUM · $7.1B to $9.1BMar 27, 2024 to Mar 26, 2025
- Assets in custody · $4.0B to $7.1BSep 15, 2023 to Mar 27, 2024
- Employees · 15 to 16Sep 15, 2023 to Mar 27, 2024
- Discretionary RAUM · $4.0B to $7.1BSep 15, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $4.0B to $7.1BSep 15, 2023 to Mar 27, 2024
- RAUM · $4.0B to $7.1BSep 15, 2023 to Mar 27, 2024
- Assets in custody · $4.1B to $4.0BMar 31, 2022 to Mar 29, 2023
- Employees · 14 to 15Mar 31, 2022 to Mar 29, 2023
- Discretionary RAUM · $4.1B to $4.0BMar 31, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $4.1B to $4.0BMar 31, 2022 to Mar 29, 2023
- RAUM · $4.1B to $4.0BMar 31, 2022 to Mar 29, 2023
- Assets in custody · $4.1B to $4.1BMar 30, 2022 to Mar 31, 2022
- Discretionary RAUM · $4.1B to $4.1BMar 30, 2022 to Mar 31, 2022
- Pooled vehicle RAUM · $4.1B to $4.1BMar 30, 2022 to Mar 31, 2022
- RAUM · $4.1B to $4.1BMar 30, 2022 to Mar 31, 2022
- Assets in custody · $2.9B to $4.1BMar 30, 2021 to Mar 30, 2022
- Discretionary RAUM · $2.9B to $4.1BMar 30, 2021 to Mar 30, 2022
- Pooled vehicle RAUM · $2.9B to $4.1BMar 30, 2021 to Mar 30, 2022
- RAUM · $2.9B to $4.1BMar 30, 2021 to Mar 30, 2022
- Charity clients · unset to 0.0Mar 30, 2020 to Mar 30, 2021
- Corporate clients · unset to 0.0Mar 30, 2020 to Mar 30, 2021
- HNW clients · unset to 0.0Mar 30, 2020 to Mar 30, 2021
- Individual clients · unset to 0.0Mar 30, 2020 to Mar 30, 2021
- Pension plan clients · unset to 0.0Mar 30, 2020 to Mar 30, 2021
- Assets in custody · $2.1B to $2.9BMar 30, 2020 to Mar 30, 2021
- Discretionary RAUM · $2.1B to $2.9BMar 30, 2020 to Mar 30, 2021
- Pooled vehicle RAUM · $2.1B to $2.9BMar 30, 2020 to Mar 30, 2021
- RAUM · $2.1B to $2.9BMar 30, 2020 to Mar 30, 2021
- Related adviser · false to trueMar 30, 2020 to Mar 30, 2021
- Advisory employees · 5 to 7Mar 29, 2019 to Mar 30, 2020
- Assets in custody · $1.6B to $2.1BMar 29, 2019 to Mar 30, 2020
Signals
8 dated events
- Mfn Partners Management, Lp reported RAUM $12.4B, up 36% from $9.1B (2025-03-26 to 2026-03-25)Mar 25, 2026 · RAUM change · derived
- Mfn Partners Management, Lp reported RAUM $9.1B, up 29% from $7.1B (2024-03-27 to 2025-03-26)Mar 26, 2025 · RAUM change · derived
- Mfn Partners Management, Lp reported RAUM $7.1B, up 79% from $4.0B (2023-09-15 to 2024-03-27)Mar 27, 2024 · RAUM change · derived
- Mccabe Maureen Rives (Chief Financial Officer) appeared on Schedule A of Mfn Partners Management, LpSep 15, 2023 · Control person joined · fact
- Mfn Partners Management, Lp reported RAUM $4.1B, up 39% from $2.9B (2021-03-30 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Mfn Partners Management, Lp reported RAUM $2.9B, up 42% from $2.1B (2020-03-30 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Mfn Partners Management, Lp reported RAUM $2.1B, up 28% from $1.6B (2019-03-29 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Mfn Partners Management, Lp filed its initial SEC registration (Form ADV)Jan 12, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Principal office phone
- 617-443-2040reportedpublic record, Form ADV, Mar 25, 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