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

F••• C••••••• L••

Asset manager (funds and pooled vehicles)Miami, FloridaCRD 295393SEC 801-119199websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jun 30, 2020 · 13 filings
SEC status approved since Aug 4, 2020
RAUM
$1.7B
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
8
2 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$1.7B as of Mar 27, 2026
Mar 15, 2021$1.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 15, 20210 then
Employees (5.A)8 as of Mar 27, 2026
Mar 15, 20216 then
Private funds1 as of Mar 27, 2026
Mar 15, 20211 then
RAUM +32% over the last fiscal year+16% a year over threeIARs 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
$416MderivedRAUM 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
+32%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
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)
  • 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$1.4B86%
  • Other investment advisers$238M14%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, 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)
      FundTypeGross assetsOwnersFirst reported
      F••• C•••••• F•••• L•Hedge Fund$1.7B15Jun 30, 2020
      Owners and control persons
      Schedule A and B, latest filing
      • G•••• L•••••••• M••• · Chief Compliance Officer & Chief Operating Officercontrol
        since 10/2024 · owns less than 5%
      • P••••••••• I••••• N•• · Managing Membercontrol
        since 02/2018 · owns 50% to 75%
      • S•••••••• S••••••••• N•• · Chief Investment Officer And Managing Membercontrol
        since 09/2023 · owns 50% to 75%
      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
      • Accounts · 2 to 4
        Mar 26, 2025 to Mar 27, 2026
      • Advisory activities · 1 to 2
        Mar 26, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 2 to 3
        Mar 26, 2025 to Mar 27, 2026
      • Employees · 7 to 8
        Mar 26, 2025 to Mar 27, 2026
      • Discretionary RAUM · $1.3B to $1.7B
        Mar 26, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $1.3B to $1.4B
        Mar 26, 2025 to Mar 27, 2026
      • RAUM · $1.3B to $1.7B
        Mar 26, 2025 to Mar 27, 2026
      • Assets in custody · 0.0 to unset
        Oct 14, 2024 to Mar 26, 2025
      • Custody of client assets · true to false
        Oct 14, 2024 to Mar 26, 2025
      • Employees · 6 to 7
        Oct 14, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Oct 14, 2024 to Mar 26, 2025
      • Discretionary RAUM · $1.7B to $1.3B
        Oct 14, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $1.7B to $1.3B
        Oct 14, 2024 to Mar 26, 2025
      • RAUM · $1.7B to $1.3B
        Oct 14, 2024 to Mar 26, 2025
      • Discretionary RAUM · $1.1B to $1.7B
        Sep 18, 2023 to Mar 18, 2024
      • Pooled vehicle RAUM · $1.1B to $1.7B
        Sep 18, 2023 to Mar 18, 2024
      • RAUM · $1.1B to $1.7B
        Sep 18, 2023 to Mar 18, 2024
      • Discretionary RAUM · $547M to $1.1B
        Mar 28, 2022 to Mar 21, 2023
      • Pooled vehicle RAUM · $547M to $1.1B
        Mar 28, 2022 to Mar 21, 2023
      • RAUM · $547M to $1.1B
        Mar 28, 2022 to Mar 21, 2023
      • Discretionary RAUM · $1.0B to $547M
        Apr 28, 2021 to Mar 28, 2022
      • Pooled vehicle RAUM · $1.0B to $547M
        Apr 28, 2021 to Mar 28, 2022
      • RAUM · $1.0B to $547M
        Apr 28, 2021 to Mar 28, 2022
      • Assets in custody · $1.1B to $0
        Feb 8, 2021 to Mar 15, 2021
      • Employees · 5 to 6
        Feb 8, 2021 to Mar 15, 2021
      • Discretionary RAUM · $1.1B to $1.0B
        Feb 8, 2021 to Mar 15, 2021
      • Pooled vehicle RAUM · $1.1B to $1.0B
        Feb 8, 2021 to Mar 15, 2021
      • RAUM · $1.1B to $1.0B
        Feb 8, 2021 to Mar 15, 2021
      • HQ city · FOSTER CITY to MIAMI
        Jun 30, 2020 to Jan 29, 2021
      • HQ state · CA to FL
        Jun 30, 2020 to Jan 29, 2021
      Signals
      8 dated events
      • F••• C••••••• L•• reported RAUM $1.7B, up 32% from $1.3B (2025-03-26 to 2026-03-27)
        Mar 27, 2026 · RAUM change · derived
      • F••• C••••••• L•• reported RAUM $1.3B, down 27% from $1.7B (2024-10-14 to 2025-03-26)
        Mar 26, 2025 · RAUM change · derived
      • Mark Lawrence Gail (Chief Compliance Officer & Chief Operating Officer) appeared on Schedule A of F••• C••••••• L••
        Oct 14, 2024 · Control person joined · fact
      • F••• C••••••• L•• reported RAUM $1.7B, up 63% from $1.1B (2023-09-18 to 2024-03-18)
        Mar 18, 2024 · RAUM change · derived
      • Stephen Jeffrey Bowers (Chief Compliance Officer, Chief Financial Officer And Chief Operating Officer) no longer on Schedule A of F••• C••••••• L•• (listed 2023-03-21, absent 2023-09-18)
        Sep 18, 2023 · Control person left · inference
      • F••• C••••••• L•• reported RAUM $1.1B, up 93% from $547.0M (2022-03-28 to 2023-03-21)
        Mar 21, 2023 · RAUM change · derived
      • F••• C••••••• L•• reported RAUM $547.0M, down 47% from $1.0B (2021-04-28 to 2022-03-28)
        Mar 28, 2022 · RAUM change · derived
      • F••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 30, 2020 · 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
      F•••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      786-558-3902reportedpublic 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