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

Tc Latin America Partners LLC

Asset manager (funds and pooled vehicles)San Juan, PRCRD 307441SEC 801-118150websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jan 30, 2020 · 12 filings
SEC status approved since Jan 1, 2020
RAUM
$530M
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
9
7 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
7
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$530M as of Mar 31, 2026
Mar 31, 2021$692M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 31, 20210 then
Employees (5.A)9 as of Mar 31, 2026
Mar 31, 202133 then
Private funds7 as of Mar 31, 2026
Mar 31, 20218 then
RAUM -14% over the last fiscal year-6.3% a year over threeIARs 0 to 0offices 4 to 3
Practice profile
derived from the filing of Mar 31, 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
$58.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
-14%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
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
  • 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$397M84%
  • Pension and profit-sharing plans$41.5M8.8%
  • Sovereign wealth funds$33.3M7.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
1reported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.75 institutional_share=0.14 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
      8 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Tc Latin America Real Estate Fund II, L.P.Real Estate Fund$211M34Mar 31, 2015
      Tc Laref III Luxembourg Sca Sicav-RaifReal Estate Fund$94.2M2Mar 31, 2021
      Tc Tower Co-Investment, LPReal Estate Fund$90.0M17Mar 30, 2018
      Dti Towers, LPReal Estate Fund$52.4M1Mar 30, 2018
      Magna Haus Co-Investment, LPReal Estate Fund$49.1M1Mar 30, 2018
      Fondo De Capital Privado Tc LatamReal Estate Fund$44.0M14Mar 30, 2018
      Tc Latin America Real Estate Fund I, LPReal Estate Fund$36.2M100May 9, 2012
      Tc Co-Investment Fund II, L.PReal Estate Fund$323,1021Mar 30, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • (Nmn) Daniel Grunberg · Managing Partnercontrol
        since 01/2020 · owns 50% to 75%
      • Alberto Luis Santana · Chief Financial Officer & Chief Compliance Officercontrol
        since 01/2020 · owns less than 5%
      • (Nmn) Gregorio Schneider · Managing Partnercontrol
        since 01/2020 · owns 50% to 75%
      • Andres Escobar · Managing Director
        since 12/2021 · owns less than 5%
      Related persons
      Schedule D 7.A
      • Tc Latin America Real Estate Fund Gp II Ltd
        pooled vehicle sponsorn
      • Tc Latin America Real Estate Fund Gp Ltd
        pooled vehicle sponsorn
      • Terracore Capital, LLC
        investment advisery
      Offices
      Schedule D 1.F, the 25 largest
      • Santo Domingo, Dominican Republic6 employees
      • Bogota, Colombia5 employees
      • Mexico City, Mexico3 employees
      • Lima, Peru2 employees
      • New York, NY1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Mar 31, 2026
        discretionary share of RAUM moved from 0.0% to 100.0% between the annual amendments of 2025-03-31 and 2026-03-31
        peers: asset managers, $500M to $1B (784)
      • employee count dropChange between filings · filing Mar 31, 2026
        employees (Item 5.A) moved from 32.0 to 9.0 (-72.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (395 comparable advisers, 1.0th percentile of changes)
        peers: asset managers, $500M to $1B (395) · 0.8% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 10 to 9
        Sep 9, 2025 to Mar 31, 2026
      • Discretionary RAUM · $0 to $530M
        Sep 9, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $615M to $0
        Sep 9, 2025 to Mar 31, 2026
      • Pension RAUM · $38.7M to $41.5M
        Sep 9, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $453M to $397M
        Sep 9, 2025 to Mar 31, 2026
      • RAUM · $615M to $530M
        Sep 9, 2025 to Mar 31, 2026
      • Advisory employees · 18 to 7
        Mar 31, 2025 to Sep 9, 2025
      • Employees · 32 to 9
        Mar 31, 2025 to Sep 9, 2025
      • Other offices · 4 to 3
        Mar 31, 2025 to Sep 9, 2025
      • Private funds · 8 to 7
        Mar 31, 2025 to Sep 9, 2025
      • Non-discretionary RAUM · $617M to $615M
        Mar 31, 2025 to Sep 9, 2025
      • Pension RAUM · $33.8M to $38.7M
        Mar 31, 2025 to Sep 9, 2025
      • Pooled vehicle RAUM · $458M to $453M
        Mar 31, 2025 to Sep 9, 2025
      • RAUM · $617M to $615M
        Mar 31, 2025 to Sep 9, 2025
      • Assets in custody · $1.4M to $0
        Apr 29, 2024 to Mar 31, 2025
      • Employees · 34 to 32
        Apr 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Apr 29, 2024 to Mar 31, 2025
      • Other offices · 5 to 4
        Apr 29, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $647M to $617M
        Apr 29, 2024 to Mar 31, 2025
      • Pension RAUM · $34.1M to $33.8M
        Apr 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $489M to $458M
        Apr 29, 2024 to Mar 31, 2025
      • RAUM · $647M to $617M
        Apr 29, 2024 to Mar 31, 2025
      • Assets in custody · $1.2M to $1.4M
        Mar 29, 2024 to Apr 29, 2024
      • Non-discretionary RAUM · $629M to $647M
        Mar 29, 2024 to Apr 29, 2024
      • Pension RAUM · $30.3M to $34.1M
        Mar 29, 2024 to Apr 29, 2024
      • Pooled vehicle RAUM · $475M to $489M
        Mar 29, 2024 to Apr 29, 2024
      • RAUM · $629M to $647M
        Mar 29, 2024 to Apr 29, 2024
      • Advisory employees · 28 to 18
        May 2, 2023 to Mar 29, 2024
      • Assets in custody · $4.4M to $1.2M
        May 2, 2023 to Mar 29, 2024
      • Employees · 28 to 34
        May 2, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $640M to $629M
        May 2, 2023 to Mar 29, 2024
      • Pension RAUM · $28.5M to $30.3M
        May 2, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $493M to $475M
        May 2, 2023 to Mar 29, 2024
      • RAUM · $640M to $629M
        May 2, 2023 to Mar 29, 2024
      • Assets in custody · $3.4M to $4.4M
        Mar 30, 2023 to May 2, 2023
      • Non-discretionary RAUM · $645M to $640M
        Mar 30, 2023 to May 2, 2023
      • Pension RAUM · $28.1M to $28.5M
        Mar 30, 2023 to May 2, 2023
      • Pooled vehicle RAUM · $500M to $493M
        Mar 30, 2023 to May 2, 2023
      • RAUM · $645M to $640M
        Mar 30, 2023 to May 2, 2023
      • Accounts · 12 to 10
        Apr 28, 2022 to Mar 30, 2023
      Signals
      2 dated events
      • Tc Latin America Partners Llc filed its initial SEC registration (Form ADV)
        Jan 30, 2020 · First SEC registration · fact
      • Tc Latin America Partners Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 30, 2020 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/TC-LATIN-AMERICA-PARTNERSreportedpublic record, Form ADV, Sep 18, 2026
      Website
      tclatam.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      347-289-3310reportedpublic record, Form ADV, Mar 31, 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

      Tc Latin America Partners LLC 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…