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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

B••• C•••••• R••• E•••••• L•

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 291809SEC 801-112317websiteIAPD
Latest filing Jun 9, 2026
First filing on the tape Dec 18, 2017 · 16 filings
SEC status approved since Feb 1, 2018
RAUM
$10.0B
reported, Item 5.F
Discretionary
91%
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
125
66 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
23
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$10.0B as of Jun 9, 2026
Mar 29, 2019$4.7B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 9, 2026
Mar 29, 20190 then
Employees (5.A)125 as of Jun 9, 2026
Mar 29, 201929 then
Private funds23 as of Jun 9, 2026
Mar 29, 20194 then
RAUM +11% over the last fiscal year+8.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 9, 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
$416MderivedRAUM over accounts (5.F.2.f)
Discretionary
91%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
+11%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, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 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$10.0B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
24reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=5.0derived
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
      19 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••• C•••••• R••• E••••• F••• I•••• L•••Real Estate Fund$1.6B202Mar 31, 2021
      B••• C•••••• R••• E••••• F••• I••••• L•Real Estate Fund$1.3B81Mar 31, 2023
      A••••••• U• R••• E••••• L••Real Estate Fund$1.1B5Jun 1, 2018
      B••• C•••••• R••• E••••• F••• I•••• L•••Real Estate Fund$1.0B57Mar 31, 2021
      B••• C•••••• R••• E••••• F••• I••• L•••Real Estate Fund$970M137Mar 29, 2019
      B••• C•••••• R••• E••••• F••• I••••• L•Real Estate Fund$577M59Mar 31, 2023
      B••• C•••••• R••• E••••• F••• I•••• L•••Real Estate Fund$486M40Mar 31, 2021
      B••• C•••••• R••• E••••• F••• I••••• L•Real Estate Fund$473M26Mar 31, 2023
      B••• C•••••• R••• E••••• F••• I••• L•••Real Estate Fund$425M27Mar 29, 2019
      B••• C•••••• R••• E••••• L••• S•••••• F••• • B• L•••Real Estate Fund$378M17Mar 31, 2022
      B••• C•••••• R••• E••••• L••• S•••••• F••• • A• L•••Real Estate Fund$354M54Mar 31, 2022
      A••••••• L• C•••••••• L•Real Estate Fund$188M3Mar 31, 2022
      B••• C•••••• R••• E••••• F••• I••• L•••Real Estate Fund$138M74Mar 29, 2019
      A••••••• B••• C••••••••• L•••Real Estate Fund$101M3Mar 31, 2023
      1•• E• G•••• C••••••••• L•Real Estate Fund$82.7M5Mar 31, 2022
      M•••• C•••••• S•••• C•••••••• F•••• L•••Real Estate Fund$56.3M7Mar 31, 2023
      B••• H•••••• C•• L•••Real Estate Fund$49.1M3Mar 31, 2023
      B••• C•••••• R••• E••••• L••• S•••••• F••• • C• L•••Real Estate Fund$28.6M12Mar 31, 2022
      M• C•••••••• F•••• L•Real Estate Fund$25.0M4Mar 28, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• B•••••••• S••••• · Partnercontrol
        since 01/2019 · owns less than 5%
      • C•••••• R•••• N••••••• · Partnercontrol
        since 01/2023 · owns less than 5%
      • C•••••••• D•••••• W•••• · Chairmancontrol
        since 01/2023 · owns less than 5%
      • M••••••• J•••••• N•••• · Partnercontrol
        since 01/2019 · owns less than 5%
      • T•••••• A•••••• P•••••• · Partnercontrol
        since 01/2020 · owns less than 5%
      • W••••••••• K••••••• N••••• · Partnercontrol
        since 01/2019 · owns less than 5%
      • C••••••••• J•••• P•••••• · Partnercontrol
        since 12/1997 · owns F of B••• C•••••• H•••••••• L•
      • G••••• D••••• B••••••• · Partnercontrol
        since 01/2008 · owns F of B••• C•••••• H•••••••• L•
      • L•••••• J•••••••• S•••• · Partnercontrol
        since 12/1997 · owns F of B••• C•••••• H•••••••• L•
      • E••••••• M••••••• M••• · G•••••• Counsel, R••• E•••••
        since 02/2018 · owns less than 5%
      • H•••••••• G••••••• F•••••• · Chief Compliance Officer
        since 03/2019 · owns less than 5%
      • Y••••••• J•••••• M•••••• · Chief Financial Officer, R••• E•••••
        since 01/2021 · owns less than 5%
      • G••••• C••••••••• G•••••• · Partner
        since 09/2018 · owns F of B••• C•••••• H•••••••• L•
      • W•••• M••••••• D• C••••• · Partner
        since 01/2005 · owns F of B••• C•••••• H•••••••• L•
      • W••••••• S••••• F••••••• · Partner
        since 01/2018 · owns F of B••• C•••••• H•••••••• L•
      Entity owners
      • B••• C•••••• R••• E••••• •••• L•• · G•••••• Partner
        direct · owns less than 5%
      • B••• C••••••• L• · L•••••• Partner
        direct · owns 75% or more
      • B••• C•••••• •••• L•• · G•••••• Partner
        indirect · owns F of B••• C••••••• L•
      • B••• C•••••• H•••••••• L• · L•••••• Partner
        indirect · owns 75% or more of B••• C••••••• L•
      • B••• C••••••• L• · Member
        indirect · owns 75% or more of B••• C•••••• R••• E••••• •••• L••
      Related persons
      Schedule D 7.A
      Advisers that list B••• C•••••• R••• E•••••• L• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY3 employees
      • San F••••••Co, CA1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 20 to 24
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 60 to 66
        Mar 31, 2025 to Mar 31, 2026
      • BD registered reps · 4 to 5
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 19 to 23
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 119 to 125
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 19 to 23
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $9.0B to $9.1B
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $0 to $933M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $9.0B to $10.0B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $9.0B to $10.0B
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 52 to 60
        Jul 31, 2024 to Mar 31, 2025
      • BD registered reps · 3 to 4
        Jul 31, 2024 to Mar 31, 2025
      • Employees · 99 to 119
        Jul 31, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Jul 31, 2024 to Mar 31, 2025
      • Discretionary RAUM · $9.4B to $9.0B
        Jul 31, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $9.4B to $9.0B
        Jul 31, 2024 to Mar 31, 2025
      • RAUM · $9.4B to $9.0B
        Jul 31, 2024 to Mar 31, 2025
      • Accounts · 16 to 20
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 34 to 52
        Mar 31, 2023 to Mar 28, 2024
      • BD registered reps · 2 to 3
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 15 to 19
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 71 to 99
        Mar 31, 2023 to Mar 28, 2024
      • Other offices · 1 to 2
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 18 to 19
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $7.8B to $9.4B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $7.8B to $9.4B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $7.8B to $9.4B
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 13 to 16
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 21 to 34
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 12 to 15
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 53 to 71
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 12 to 18
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $8.2B to $7.8B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $8.1B to $7.8B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $8.2B to $7.8B
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 8 to 13
        Mar 31, 2021 to Mar 31, 2022
      • Advisory employees · 23 to 21
        Mar 31, 2021 to Mar 31, 2022
      • BD registered reps · 1 to 2
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 7 to 12
        Mar 31, 2021 to Mar 31, 2022
      • Employees · 45 to 53
        Mar 31, 2021 to Mar 31, 2022
      Signals
      15 dated events
      • Benjamin David Gross (Partner) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Jun 28, 2024 · Control person joined · fact
      • Carrillo Elizabeth Thomas (Partner) no longer on Schedule A of B••• C•••••• R••• E•••••• L• (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Pierson Andrew Terris (Partner) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Mar 31, 2023 · Control person joined · fact
      • N. Ryan Cotton (Partner) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Mar 31, 2023 · Control person joined · fact
      • Nmn Joshua Bekenstein (Partner) no longer on Schedule A of B••• C•••••• R••• E•••••• L• (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Gerard Stephen Pagliuca (Partner) no longer on Schedule A of B••• C•••••• R••• E•••••• L• (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • B••• C•••••• R••• E•••••• L• reported RAUM $8.2B, up 64% from $5.0B (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Alan M•••••• Krupka (Partner) no longer on Schedule A of B••• C•••••• R••• E•••••• L• (listed 2021-03-31, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • William Steven Barnes (Partner) no longer on Schedule A of B••• C•••••• R••• E•••••• L• (listed 2020-03-27, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • B••• C•••••• R••• E•••••• L• reported RAUM $4.7B, up 42% from $3.3B (2018-10-31 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Nello J••••• Marconi (Managing Director) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Mar 29, 2019 · Control person joined · fact
      • Samuel Benjamin Brady (Managing Director) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Mar 29, 2019 · Control person joined · fact
      • Carrillo Elizabeth Thomas (Managing Director) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Mar 29, 2019 · Control person joined · fact
      • Nilvka Kavindi Wickremage (Managing Director) appeared on Schedule A of B••• C•••••• R••• E•••••• L•
        Mar 29, 2019 · Control person joined · fact
      • B••• C•••••• R••• E•••••• L• filed its initial SEC registration (Form ADV)
        Dec 18, 2017 · 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
      Website
      baincapital.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      617-516-2318reportedpublic record, Form ADV, Jun 9, 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
      Across the graphs

      B••• C•••••• R••• E•••••• L• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

      Checking your plan…