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
Qhp Capital, L.P.
Latest filing Sep 15, 2026
First filing on the tape Feb 11, 2021 · 17 filings
SEC status approved since Mar 15, 2021
RAUM
$4.6B
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
25
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$4.6B as of Mar 30, 2026
Mar 22, 2022$1.5B then
HNW client RAUM$0 as of Mar 30, 2026
Mar 22, 2022$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 22, 20220 then
Employees (5.A)25 as of Mar 30, 2026
Mar 22, 202215 then
Private funds15 as of Mar 30, 2026
Mar 22, 202211 then
RAUM +48% over the last fiscal year+24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Sep 15, 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
- $305MderivedRAUM 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
- +48%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 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)
- 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 testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$4.6B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 15reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- 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
13 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Nq Pe Project Kit, L.P. | Private Equity Fund | $747M | 33 | Mar 31, 2019 |
| Novaquest Private Equity Fund I, L.P. | Private Equity Fund | $648M | 30 | Mar 30, 2017 |
| Nq Pe Orange Co-Invest, L.P. | Private Equity Fund | $544M | 32 | Mar 22, 2022 |
| Novaquest Private Equity Fund II, LP | Private Equity Fund | $534M | 58 | Mar 22, 2022 |
| Qhp Milky Way Spv, L.P. | Private Equity Fund | $219M | 21 | Mar 28, 2023 |
| Nq Pe Project Colosseum Co-Invest, L.P. | Private Equity Fund | $197M | 30 | Mar 28, 2023 |
| Nq Pe Project Constellation, L.P.no longer reported | Private Equity Fund | $115M | 30 | Mar 31, 2019 |
| Nq Pe White Co-Invest, L.P. | Private Equity Fund | $101M | 3 | Mar 22, 2022 |
| Nq Pe Project Stingray Co-Invest, L.P. | Private Equity Fund | $65.8M | 9 | Mar 30, 2021 |
| Nq Pe Project Inca Rollover, L.P. | Private Equity Fund | $40.0M | 30 | Mar 30, 2021 |
| Nq Pe Project Sigma, L.P.no longer reported | Private Equity Fund | $24.1M | 30 | Mar 30, 2021 |
| Nq Pe Project Aware, L.P.no longer reported | Private Equity Fund | $16.6M | 30 | Mar 30, 2020 |
| Nq Pe Project Inca, L.P.no longer reported | Private Equity Fund | $0 | 32 | Mar 31, 2019 |
Owners and control persons
Schedule A and B, latest filing
- Lavern Roger Davenport · Partnercontrolsince 12/2020 · owns 10% to 25%
- Scott Jeffrey Edwards · Partnercontrolsince 12/2020 · owns 10% to 25%
- Jane Christine Fornes · Chief Compliance Officercontrolsince 09/2024 · owns less than 5%
- Robert Charles Knox · Chief Financial Officercontrolsince 01/2022 · owns less than 5%
- Ashton Edward Poole · Partnercontrolsince 12/2020 · owns 10% to 25%
- David Michael Sorensen · Partnercontrolsince 12/2020 · owns 10% to 25%
- Barry Dennis Gillings · Shareholdercontrolsince 11/2010 · owns 75% or more of Pharmabio Development Inc.
Entity owners
- Pharmabio Development Inc. · Partnerdirect · owns 50% to 75%
- Qhp Capital Gp, LLC · General Partnerdirect · owns less than 5%
- Pharmabio Development Inc. · Memberindirect · owns 50% to 75% of Qhp Capital Gp, LLC
Related persons
Schedule D 7.A
- Nq Pe I General Partner, L.P.investment adviserpooled vehicle sponsory
- Nq Pe I Gp, Ltd.investment adviserpooled vehicle sponsory
- Nq Pe II General Partner, LLCinvestment adviserpooled vehicle sponsory
- Nq Pe Kit Gp, L.P.investment adviserpooled vehicle sponsory
- Nq Pe Orange Gp, LLCinvestment adviserpooled vehicle sponsory
- Nq Pe Project Colosseum Co-Invest Gp, LLCinvestment adviserpooled vehicle sponsory
- Nq Pe Project Stingray Co-Invest Gp, Ltdinvestment adviserpooled vehicle sponsory
- Nq Pe White Gp, LLCinvestment adviserpooled vehicle sponsory
- Qhp Milky Way Gp, LLCinvestment adviserpooled vehicle sponsory
Advisers that list Qhp Capital, L.P. as a related person
- 160359 n
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · to unsetMar 30, 2026 to Sep 15, 2026
- Private funds · 15 to unsetMar 30, 2026 to Sep 15, 2026
- Succession · false to unsetMar 30, 2026 to Sep 15, 2026
- Accounts · 13 to 15Mar 28, 2025 to Mar 30, 2026
- Pooled vehicle clients · 13 to 15Mar 28, 2025 to Mar 30, 2026
- Employees · 23 to 25Mar 28, 2025 to Mar 30, 2026
- Private funds · 13 to 15Mar 28, 2025 to Mar 30, 2026
- Discretionary RAUM · $3.1B to $4.6BMar 28, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $3.1B to $4.6BMar 28, 2025 to Mar 30, 2026
- RAUM · $3.1B to $4.6BMar 28, 2025 to Mar 30, 2026
- Accounts · 9 to 13Feb 24, 2025 to Mar 28, 2025
- Advisory employees · 16 to 17Feb 24, 2025 to Mar 28, 2025
- Pooled vehicle clients · 9 to 13Feb 24, 2025 to Mar 28, 2025
- Employees · 22 to 23Feb 24, 2025 to Mar 28, 2025
- Financial planning clients · unset to Feb 24, 2025 to Mar 28, 2025
- Private funds · 9 to 13Feb 24, 2025 to Mar 28, 2025
- Discretionary RAUM · $2.7B to $3.1BFeb 24, 2025 to Mar 28, 2025
- Pooled vehicle RAUM · $2.7B to $3.1BFeb 24, 2025 to Mar 28, 2025
- RAUM · $2.7B to $3.1BFeb 24, 2025 to Mar 28, 2025
- Accounts · 11 to 9Jun 26, 2023 to Mar 27, 2024
- Advisory employees · 13 to 16Jun 26, 2023 to Mar 27, 2024
- Pooled vehicle clients · 11 to 9Jun 26, 2023 to Mar 27, 2024
- Employees · 19 to 22Jun 26, 2023 to Mar 27, 2024
- Discretionary RAUM · $2.4B to $2.7BJun 26, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $2.4B to $2.7BJun 26, 2023 to Mar 27, 2024
- RAUM · $2.4B to $2.7BJun 26, 2023 to Mar 27, 2024
- Private funds · 11 to 9Mar 28, 2023 to Jun 26, 2023
- Accounts · 12 to 11Nov 3, 2022 to Mar 28, 2023
- Advisory employees · 11 to 13Nov 3, 2022 to Mar 28, 2023
- Pooled vehicle clients · 12 to 11Nov 3, 2022 to Mar 28, 2023
- Employees · 15 to 19Nov 3, 2022 to Mar 28, 2023
- Discretionary RAUM · $1.5B to $2.4BNov 3, 2022 to Mar 28, 2023
- Pooled vehicle RAUM · $1.5B to $2.4BNov 3, 2022 to Mar 28, 2023
- RAUM · $1.5B to $2.4BNov 3, 2022 to Mar 28, 2023
- Accounts · 10 to 12Jan 27, 2022 to Mar 22, 2022
- Pooled vehicle clients · 10 to 12Jan 27, 2022 to Mar 22, 2022
- Employees · 13 to 15Jan 27, 2022 to Mar 22, 2022
- Private funds · 8 to 11Jan 27, 2022 to Mar 22, 2022
- Discretionary RAUM · $636M to $1.5BJan 27, 2022 to Mar 22, 2022
- Pooled vehicle RAUM · $636M to $1.5BJan 27, 2022 to Mar 22, 2022
Signals
7 dated events
- Qhp Capital, L.P. reported RAUM $4.6B, up 48% from $3.1B (2025-03-28 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- Jane Christine Fornes (Chief Compliance Officer) appeared on Schedule A of Qhp Capital, L.P.Sep 12, 2024 · Control person joined · fact
- Qhp Capital, L.P. reported RAUM $2.4B, up 55% from $1.5B (2022-11-03 to 2023-03-28)Mar 28, 2023 · RAUM change · derived
- Qhp Capital, L.P. reported RAUM $1.5B, up 140% from $636.0M (2022-01-27 to 2022-03-22)Mar 22, 2022 · RAUM change · derived
- Robert Charles Knox (Chief Financial Officer, Chief Compliance Officer) appeared on Schedule A of Qhp Capital, L.P.Jan 27, 2022 · Control person joined · fact
- Ernest Jacob Comer (Chief Compliance Officer) no longer on Schedule A of Qhp Capital, L.P. (listed 2021-08-05, absent 2022-01-27)Jan 27, 2022 · Control person left · inference
- Novaquest Private Equity filed its initial SEC registration (Form ADV)Feb 11, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- QHP Capital, L.P. · Independent Sponsorsshared crd · capital_provider
- QHP Capital, L.P. · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/qhp-capital/mycompanyreportedpublic record, Form ADV, Sep 18, 2026
- Website
- qhpcapital.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 919-261-5250reportedpublic record, Form ADV, Sep 15, 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