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

Upper90

Asset manager (funds and pooled vehicles)Providence, Rhode IslandCRD 304179SEC 801-119170websiteIAPD
Legal name Upper90 Capital Management, LP
Latest filing Mar 26, 2026
First filing on the tape Jun 28, 2020 · 12 filings
SEC status approved since Aug 6, 2020
RAUM
$1.1B
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
18
11 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
31
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$1.1B as of Mar 26, 2026
Mar 31, 2021$449M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 31, 20210 then
Employees (5.A)18 as of Mar 26, 2026
Mar 31, 202119 then
Private funds31 as of Mar 26, 2026
Mar 31, 202116 then
RAUM +20% over the last fiscal year+1.8% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
$35.7MderivedRAUM 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
+20%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
$1.1B, 31 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)
  • 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$1.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
31reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.1B for 31 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
      38 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Upper90 Fund III Parallel Master, LPPrivate Equity Fund$362M345Mar 27, 2024
      Upper90 Fund II, LPHedge Fund$187M308Mar 31, 2021
      Upper90 Thrasio, LLCPrivate Equity Fund$67.9M41Jun 10, 2019
      Upper90 Thrasio Vii, LLCPrivate Equity Fund$67.6M162Mar 31, 2021
      Upper90 Thrasio III Spv LLCPrivate Equity Fund$63.5M40Mar 30, 2020
      Upper90 Thrasio V Spv LLCPrivate Equity Fund$51.1M59Mar 30, 2022
      Upper90 Ecommerce Opportunities Fund, LPPrivate Equity Fund$48.8M119Mar 30, 2022
      Upper90 Thrasio IV LLCPrivate Equity Fund$40.6M13Jun 28, 2020
      Thrasio Acquisition Partners II LLCPrivate Equity Fund$40.0M34Mar 30, 2022
      Upper90 Fund, LPPrivate Equity Fund$34.2M103Jun 10, 2019
      Upper90 Loan Spv I LLCno longer reportedPrivate Equity Fund$30.2M91Mar 31, 2021
      Upper90 Crusoe II Spv, LLCPrivate Equity Fund$26.8M100Mar 30, 2022
      Elevate Acquisition IV S LLCPrivate Equity Fund$23.3M98Mar 30, 2022
      Upper90 Thrasio Ix Spv LLCPrivate Equity Fund$17.6M9Mar 30, 2022
      Upper90 Fund III, LPPrivate Equity Fund$16.6M238Mar 28, 2023
      Elevate Acquisition Vii S LLCPrivate Equity Fund$13.2M1Mar 30, 2022
      Upper90 Crusoe Equity II Spv LLCPrivate Equity Fund$11.6M31Mar 31, 2021
      Upper90 Crusoe Equity III Spv LLCPrivate Equity Fund$10.3M33Mar 30, 2022
      Upper90 Crusoe Equity Spv LLCPrivate Equity Fund$10.3M34Mar 30, 2020
      Upper90 Crusoe Loan Spv LLCPrivate Equity Fund$10.3M0Mar 27, 2024
      Upper90 Heroes Equity Spv LLCPrivate Equity Fund$9.9M67Mar 28, 2023
      Upper90 Crusoe Equity IV Spv LLCPrivate Equity Fund$8.9M47Mar 28, 2023
      Upper90 Octane Equity Spv LLCPrivate Equity Fund$8.2M16Mar 31, 2021
      Upper90 Beacon Equity Spv LLCPrivate Equity Fund$8.0M74Mar 30, 2022
      Upper90 Octane Equity Spv II LLCPrivate Equity Fund$7.3M45Mar 30, 2022
      Upper90 Acquco I S LLCPrivate Equity Fund$6.7M38Mar 30, 2022
      Upper90 Thrasio Viii Spv LLCPrivate Equity Fund$6.0M51Mar 30, 2022
      Crusoe Bridge Equity Spv LLCPrivate Equity Fund$4.6M41Mar 27, 2024
      Upper90 Clearfund I Spv, L.P.no longer reportedPrivate Equity Fund$3.8M60Jun 10, 2019
      Upper90 Clutch Equity Spv II LLCPrivate Equity Fund$2.8M26Mar 30, 2022
      Upper90 Clutch Equity Spv LLCPrivate Equity Fund$2.1M51Mar 31, 2021
      Upper90 Octane, LLCPrivate Equity Fund$1.5M23Mar 30, 2020
      Elevate Acquisition Vi S LLCPrivate Equity Fund$844,0431Mar 30, 2022
      Upper90 Highfive Spv LLCPrivate Equity Fund$328,15732Mar 30, 2022
      Upper90 Magic Car Wash Equity Spv LLCPrivate Equity Fund$325,9986Mar 30, 2022
      Upper90 Crusoe Spv, LLCPrivate Equity Fund$247,53944Jun 28, 2020
      Upper90 Thrasio II, LLCno longer reportedPrivate Equity Fund$98,55482Mar 30, 2020
      Upper90 Domio Spv, LLCno longer reportedPrivate Equity Fund$9,05211Mar 30, 2020
      Owners and control persons
      Schedule A and B, latest filing
      • Jason Finger · Chairman And Limited Partnercontrol
        since 11/2021 · owns 10% to 25%
      • Carroll William Geist · Managing Partnercontrol
        since 01/2024 · owns 10% to 25%
      • Kogod William Libby · Chief Executive Office, Limited Partnercontrol
        since 04/2018 · owns 50% to 75%
      • Nmn Gregory Vilkin · Chief Compliance Officer / Chief Financial Officercontrol
        since 03/2022 · owns less than 5%
      • Kogod William Libby · Managing Membercontrol
        since 01/2020 · owns 50% to 75% of Upper90 Holdings LLC
      Entity owners
      • Upper90 Holdings LLC · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • Upper90 Fund III Gp, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Equity Gp, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Equity Spv Gp II LLC
        pooled vehicle sponsorn
      • Upper90 Partners Equity Spv Gp III LLC
        pooled vehicle sponsorn
      • Upper90 Partners Equity Spv Gp LLC
        pooled vehicle sponsorn
      • Upper90 Partners Gp II, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Gp, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Spv Gp II, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Spv Gp III, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Spv Gp IV, LLC
        pooled vehicle sponsorn
      • Upper90 Partners Spv Gp, LLC
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY7 employees
      • Baltimore, MD1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 29 to 31
        Mar 27, 2025 to Mar 26, 2026
      • Advisory employees · 9 to 11
        Mar 27, 2025 to Mar 26, 2026
      • Pooled vehicle clients · 29 to 31
        Mar 27, 2025 to Mar 26, 2026
      • Assets in custody · $920M to $1.1B
        Mar 27, 2025 to Mar 26, 2026
      • Private funds · 29 to 31
        Mar 27, 2025 to Mar 26, 2026
      • Discretionary RAUM · $920M to $1.1B
        Mar 27, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $920M to $1.1B
        Mar 27, 2025 to Mar 26, 2026
      • RAUM · $920M to $1.1B
        Mar 27, 2025 to Mar 26, 2026
      • Accounts · 25 to 29
        Mar 27, 2024 to Mar 27, 2025
      • Advisory employees · 10 to 9
        Mar 27, 2024 to Mar 27, 2025
      • Pooled vehicle clients · 25 to 29
        Mar 27, 2024 to Mar 27, 2025
      • Assets in custody · $816M to $920M
        Mar 27, 2024 to Mar 27, 2025
      • Employees · 20 to 18
        Mar 27, 2024 to Mar 27, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 27, 2025
      • Private funds · 25 to 29
        Mar 27, 2024 to Mar 27, 2025
      • Discretionary RAUM · $816M to $920M
        Mar 27, 2024 to Mar 27, 2025
      • Pooled vehicle RAUM · $816M to $920M
        Mar 27, 2024 to Mar 27, 2025
      • RAUM · $816M to $920M
        Mar 27, 2024 to Mar 27, 2025
      • Accounts · 31 to 25
        Mar 28, 2023 to Mar 27, 2024
      • Advisory employees · 12 to 10
        Mar 28, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 31 to 25
        Mar 28, 2023 to Mar 27, 2024
      • Assets in custody · $1.0B to $816M
        Mar 28, 2023 to Mar 27, 2024
      • Other offices · 1 to 2
        Mar 28, 2023 to Mar 27, 2024
      • Private funds · 31 to 25
        Mar 28, 2023 to Mar 27, 2024
      • Discretionary RAUM · $1.0B to $816M
        Mar 28, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $1.0B to $816M
        Mar 28, 2023 to Mar 27, 2024
      • RAUM · $1.0B to $816M
        Mar 28, 2023 to Mar 27, 2024
      • Advisory employees · 9 to 12
        Jun 21, 2022 to Mar 28, 2023
      • Assets in custody · $0 to $1.0B
        Jun 21, 2022 to Mar 28, 2023
      • Employees · 22 to 20
        Jun 21, 2022 to Mar 28, 2023
      • HQ city · NEW YORK to PROVIDENCE
        Jun 21, 2022 to Mar 28, 2023
      • HQ state · NY to RI
        Jun 21, 2022 to Mar 28, 2023
      • Other offices · 0 to 1
        Jun 21, 2022 to Mar 28, 2023
      • Discretionary RAUM · $1.0B to $1.0B
        Jun 21, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $1.0B to $1.0B
        Jun 21, 2022 to Mar 28, 2023
      • RAUM · $1.0B to $1.0B
        Jun 21, 2022 to Mar 28, 2023
      • Related bank · true to false
        Jun 21, 2022 to Mar 28, 2023
      • Accounts · 16 to 31
        Aug 25, 2021 to Mar 30, 2022
      • Advisory employees · 8 to 9
        Aug 25, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 16 to 31
        Aug 25, 2021 to Mar 30, 2022
      Signals
      9 dated events
      • Carroll William Geist (Managing Partner) appeared on Schedule A of Upper90
        Mar 27, 2024 · Control person joined · fact
      • Upper90 reported RAUM $1.0B, up 126% from $448.6M (2021-08-25 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Jason Finger (Chairman And Limited Partner) appeared on Schedule A of Upper90
        Mar 30, 2022 · Control person joined · fact
      • Nmn Gregory Vilkin (Chief Compliance Officer) appeared on Schedule A of Upper90
        Mar 30, 2022 · Control person joined · fact
      • Michael Moreau (Chief Compliance Officer, Director Of Operations) no longer on Schedule A of Upper90 (listed 2021-08-25, absent 2022-03-30)
        Mar 30, 2022 · Control person left · inference
      • Alex Urdea (Chief Investment Officer, Limited Partner) no longer on Schedule A of Upper90 (listed 2021-08-11, absent 2021-08-25)
        Aug 25, 2021 · Control person left · inference
      • Upper90 reported RAUM $448.6M, up 114% from $210.1M (2020-08-05 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Michael Moreau (Chief Compliance Officer, Director Of Operations) appeared on Schedule A of Upper90
        Mar 31, 2021 · Control person joined · fact
      • Upper90 filed its initial SEC registration (Form ADV)
        Jun 28, 2020 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      • Upper90 · Independent Sponsors
        shared crd · capital_provider
      • Upper90 · Private Equity
        shared crd · organization
      • Upper90 · Venture Capital
        shared crd · organization
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/upper90reportedpublic record, Form ADV, Sep 17, 2026
      Website
      upper90.ioreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (646) 979-0719reportedpublic record, Form ADV, Mar 26, 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