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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Former SEC-registered adviser

S•••••• C•••••• M••••••••• L•

Former SEC-registered adviserNew York, New YorkCRD 304254SEC 801-117041IAPD
Latest filing Mar 8, 2024
First filing on the tape Jun 26, 2019 · 11 filings
SEC status approved since Jul 26, 2019
RAUM
$501M
reported, Item 5.F
Discretionary
88%
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
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$439M gross assets
History
11 filings and snapshots on the tape
RAUM$501M as of Mar 8, 2024
Mar 30, 2020$245M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 8, 2024
Mar 30, 20200 then
Employees (5.A)6 as of Mar 8, 2024
Mar 30, 20203 then
Private funds1 as of Mar 8, 2024
Mar 30, 20202 then
RAUM +2.9% over the last fiscal year-2.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 8, 2024; 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
$125MderivedRAUM over accounts (5.F.2.f)
Discretionary
88%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
+2.9%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$439M, 3 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$501M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$439M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•••••• M••••• L•Hedge Fund$439M18Jun 26, 2019
      E•••• P••••••• L•Hedge Fund$1.6M0Mar 30, 2020
      S•••••• M••••• S•••••• S••••••••• F••• L•Hedge Fund$2,0000Mar 28, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • P••••••••• R••••••• L• · Founder / Portfolio Manager / Limited Partnercontrol
        since 11/2017 · owns 75% or more
      • S••••• M•••••••• · Chief Compliance Officer / Chief Financial Officer / Chief Operating Officercontrol
        since 02/2021 · owns less than 5%
      • P••••••••• R••••••• L• · Managing Membercontrol
        since 11/2017 · owns 75% or more of S•••••• C•••••• M••••••••• G• L••
      • C•••• D•••• · Trustee
        since 04/2019 · owns less than 5%
      • Y•••• R••••••• J•• · Trustee
        since 04/2019 · owns less than 5%
      • C•••• D•••• · Trustee
        since 04/2019 · owns F of R••• 2••• F••••• T••••
      • Y•••• R••••••• J•• · Trustee
        since 04/2019 · owns F of R••• 2••• F••••• T••••
      Entity owners
      • R••• 2••• F••••• T•••• · Limited Partner
        direct · owns 10% to 25%
      • S•••••• C•••••• M••••••••• G• L•• · General Partner
        direct · owns less than 5%
      • R••• 2••• F••••• T•••• · Member
        indirect · owns F of S•••••• C•••••• M••••••••• G• L••
      Related persons
      Schedule D 7.A
      • S•••••• G• L••
        investment adviserpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 4
        Oct 2, 2023 to Mar 8, 2024
      • Pooled vehicle clients · 5 to 4
        Oct 2, 2023 to Mar 8, 2024
      • Assets in custody · $430M to $439M
        Oct 2, 2023 to Mar 8, 2024
      • Employees · 5 to 6
        Oct 2, 2023 to Mar 8, 2024
      • Private funds · 3 to 1
        Oct 2, 2023 to Mar 8, 2024
      • Discretionary RAUM · $422M to $439M
        Oct 2, 2023 to Mar 8, 2024
      • Non-discretionary RAUM · $64.7M to $61.6M
        Oct 2, 2023 to Mar 8, 2024
      • Pooled vehicle RAUM · $486M to $501M
        Oct 2, 2023 to Mar 8, 2024
      • RAUM · $486M to $501M
        Oct 2, 2023 to Mar 8, 2024
      • Private funds · 1 to 3
        Mar 24, 2023 to Apr 20, 2023
      • Private funds · 3 to 1
        Mar 28, 2022 to Mar 24, 2023
      • Discretionary RAUM · $672M to $422M
        Mar 28, 2022 to Mar 24, 2023
      • Non-discretionary RAUM · $69.4M to $64.7M
        Mar 28, 2022 to Mar 24, 2023
      • Pooled vehicle RAUM · $736M to $486M
        Mar 28, 2022 to Mar 24, 2023
      • RAUM · $742M to $486M
        Mar 28, 2022 to Mar 24, 2023
      • Accounts · 10 to 5
        Mar 28, 2022 to Mar 24, 2023
      • Pooled vehicle clients · 7 to 5
        Mar 28, 2022 to Mar 24, 2023
      • Assets in custody · $672M to $430M
        Mar 28, 2022 to Mar 24, 2023
      • Pooled vehicle clients · 8 to 7
        Feb 27, 2021 to Mar 28, 2022
      • Assets in custody · $495M to $672M
        Feb 27, 2021 to Mar 28, 2022
      • Private funds · 2 to 3
        Feb 27, 2021 to Mar 28, 2022
      • Discretionary RAUM · $495M to $672M
        Feb 27, 2021 to Mar 28, 2022
      • Non-discretionary RAUM · $40.2M to $69.4M
        Feb 27, 2021 to Mar 28, 2022
      • Pooled vehicle RAUM · $532M to $736M
        Feb 27, 2021 to Mar 28, 2022
      • RAUM · $535M to $742M
        Feb 27, 2021 to Mar 28, 2022
      • Accounts · 6 to 10
        Aug 3, 2020 to Feb 27, 2021
      • Advisory employees · 2 to 3
        Aug 3, 2020 to Feb 27, 2021
      • Advisory activities · 1 to 2
        Aug 3, 2020 to Feb 27, 2021
      • Pooled vehicle clients · 6 to 8
        Aug 3, 2020 to Feb 27, 2021
      • Assets in custody · $222M to $495M
        Aug 3, 2020 to Feb 27, 2021
      • Employees · 3 to 5
        Aug 3, 2020 to Feb 27, 2021
      • Discretionary RAUM · $222M to $495M
        Aug 3, 2020 to Feb 27, 2021
      • Non-discretionary RAUM · $22.8M to $40.2M
        Aug 3, 2020 to Feb 27, 2021
      • Pooled vehicle RAUM · $245M to $532M
        Aug 3, 2020 to Feb 27, 2021
      • RAUM · $245M to $535M
        Aug 3, 2020 to Feb 27, 2021
      • Accounts · 3 to 6
        Sep 25, 2019 to Mar 30, 2020
      • Advisory employees · 4 to 2
        Sep 25, 2019 to Mar 30, 2020
      • Pooled vehicle clients · 3 to 6
        Sep 25, 2019 to Mar 30, 2020
      • Assets in custody · $106M to $222M
        Sep 25, 2019 to Mar 30, 2020
      • Employees · 5 to 3
        Sep 25, 2019 to Mar 30, 2020
      Signals
      12 dated events
      • S•••••• C•••••• M••••••••• L• no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $500.6M)
        May 2, 2025 · Left the SEC roster · derived
      • Sabreen Sabah Rabbi (Co-Chief Operating Officer) no longer on Schedule A of S•••••• C•••••• M••••••••• L• (listed 2023-04-20, absent 2023-09-29)
        Sep 29, 2023 · Control person left · inference
      • S•••••• C•••••• M••••••••• L• reported RAUM $486.3M, down 34% from $741.7M (2022-03-28 to 2023-03-24)
        Mar 24, 2023 · ria raum c•••ge · derived
      • Sabreen Sabah Rabbi (Co-Chief Operating Officer) appeared on Schedule A of S•••••• C•••••• M••••••••• L•
        Mar 24, 2023 · Control person joined · fact
      • S•••••• C•••••• M••••••••• L• reported RAUM $741.7M, up 39% from $535.3M (2021-02-27 to 2022-03-28)
        Mar 28, 2022 · ria raum c•••ge · derived
      • S•••••• C•••••• M••••••••• L• reported RAUM $535.3M, up 118% from $245.0M (2020-08-03 to 2021-02-27)
        Feb 27, 2021 · ria raum c•••ge · derived
      • Marc Srolovits (Chief Compliance Officer / Chief Financial Officer) no longer on Schedule A of S•••••• C•••••• M••••••••• L• (listed 2020-08-03, absent 2021-02-27)
        Feb 27, 2021 · Control person left · inference
      • Manjinder Singh (Chief Compliance Officer / Chief Financial Officer / Chief Operating Officer) appeared on Schedule A of S•••••• C•••••• M••••••••• L•
        Feb 27, 2021 · Control person joined · fact
      • Anne Francisco Luzile Manigbas (Chief Compliance Officer / Chief Financial Officer) no longer on Schedule A of S•••••• C•••••• M••••••••• L• (listed 2020-03-30, absent 2020-08-03)
        Aug 3, 2020 · Control person left · inference
      • Marc Srolovits (Chief Compliance Officer / Chief Financial Officer) appeared on Schedule A of S•••••• C•••••• M••••••••• L•
        Aug 3, 2020 · Control person joined · fact
      • S•••••• C•••••• M••••••••• L• reported RAUM $245.0M, up 131% from $106.0M (2019-09-25 to 2020-03-30)
        Mar 30, 2020 · ria raum c•••ge · derived
      • S•••••• C•••••• M••••••••• L• filed its initial SEC registration (Form ADV)
        Jun 26, 2019 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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
      Former SEC-registered adviserderiveda 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