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

I••••••• G••••• P•••••••

Asset manager (funds and pooled vehicles)San Mateo, CaliforniaCRD 311947SEC 801-126285websiteIAPD
Legal name I••••••• G••••• M••••••••• L••
Latest filing Apr 15, 2026
First filing on the tape Jun 29, 2022 · 10 filings
SEC status approved since Aug 3, 2022
RAUM
$1.3B
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
12
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
17
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$1.3B as of Apr 15, 2026
Mar 30, 2023$427M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 15, 2026
Mar 30, 20230 then
Employees (5.A)12 as of Apr 15, 2026
Mar 30, 20236 then
Private funds17 as of Apr 15, 2026
Mar 30, 20239 then
RAUM +22% over the last fiscal year+44% a year over threeIARs 0 to 0offices 0 to 1
Practice profile
derived from the filing of Apr 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
$74.3MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+22%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
$1.3B, 17 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)
  • 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$1.3B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
17reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.3B for 17 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
      10 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      I••••••• G••••• F••• I• L•••Private Equity Fund$297M21Sep 21, 2021
      I••••••• G••••• F••• I•• L•••Private Equity Fund$101M9Mar 29, 2024
      I••••••• A•••• L•••Private Equity Fund$40.5M7Sep 21, 2021
      I••••••• R••••••• L••Private Equity Fund$39.6M6Jun 29, 2022
      I••••••• S•••••• L•••Private Equity Fund$36.3M7Jun 29, 2022
      I••••••• C••••• L•••••••• L•••Private Equity Fund$32.4M9Sep 21, 2021
      I••••••• S•••••• L•••Private Equity Fund$19.8M5Mar 30, 2023
      I••••••• B••••• L•••Private Equity Fund$8.1M9Sep 21, 2021
      I••••••• P•••••••• L•••Private Equity Fund$4.0M4Jun 29, 2022
      I••••••• G• F••• L••Private Equity Fund$450,0008Sep 21, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• H•••••• · Chief Compliance Officer, Partner, Head Of Operationscontrol
        since 09/2019 · owns less than 5%
      • D••••••• J•••• J•••• · Managing Partnercontrol
        since 05/2019 · owns 50% to 75%
      • N••••••• W••••••• B••••••• · Managing Partnercontrol
        since 05/2019 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • I••••••• G••••• P••••••• I• G•• L••
        pooled vehicle sponsorn
      • I••••••• G••••• P••••••• I• G•• L••
        pooled vehicle sponsorn
      • I••••••• S•• P•••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 14 to 17
        Apr 22, 2025 to Mar 31, 2026
      • Advisory employees · 10 to 12
        Apr 22, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 14 to 17
        Apr 22, 2025 to Mar 31, 2026
      • Assets in custody · $1.0B to $1.3B
        Apr 22, 2025 to Mar 31, 2026
      • Employees · 10 to 12
        Apr 22, 2025 to Mar 31, 2026
      • Other offices · 0 to 1
        Apr 22, 2025 to Mar 31, 2026
      • Private funds · 14 to 17
        Apr 22, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.0B to $1.3B
        Apr 22, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.0B to $1.3B
        Apr 22, 2025 to Mar 31, 2026
      • RAUM · $1.0B to $1.3B
        Apr 22, 2025 to Mar 31, 2026
      • Accounts · 10 to 14
        Apr 15, 2024 to Apr 22, 2025
      • Advisory employees · 8 to 10
        Apr 15, 2024 to Apr 22, 2025
      • Pooled vehicle clients · 10 to 14
        Apr 15, 2024 to Apr 22, 2025
      • Assets in custody · $612M to $1.0B
        Apr 15, 2024 to Apr 22, 2025
      • Employees · 8 to 10
        Apr 15, 2024 to Apr 22, 2025
      • Financial planning clients · unset to
        Apr 15, 2024 to Apr 22, 2025
      • Private funds · 10 to 14
        Apr 15, 2024 to Apr 22, 2025
      • Discretionary RAUM · $612M to $1.0B
        Apr 15, 2024 to Apr 22, 2025
      • Pooled vehicle RAUM · $612M to $1.0B
        Apr 15, 2024 to Apr 22, 2025
      • RAUM · $612M to $1.0B
        Apr 15, 2024 to Apr 22, 2025
      • Accounts · 9 to 10
        Apr 14, 2023 to Mar 29, 2024
      • Advisory employees · 6 to 8
        Apr 14, 2023 to Mar 29, 2024
      • BD registered reps · 1 to 0
        Apr 14, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 9 to 10
        Apr 14, 2023 to Mar 29, 2024
      • Assets in custody · $427M to $612M
        Apr 14, 2023 to Mar 29, 2024
      • Employees · 6 to 8
        Apr 14, 2023 to Mar 29, 2024
      • Private funds · 9 to 10
        Apr 14, 2023 to Mar 29, 2024
      • Discretionary RAUM · $427M to $612M
        Apr 14, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $427M to $612M
        Apr 14, 2023 to Mar 29, 2024
      • RAUM · $427M to $612M
        Apr 14, 2023 to Mar 29, 2024
      • Accounts · 8 to 9
        Dec 2, 2022 to Mar 30, 2023
      • Advisory employees · 8 to 6
        Dec 2, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 8 to 9
        Dec 2, 2022 to Mar 30, 2023
      • Assets in custody · $310M to $427M
        Dec 2, 2022 to Mar 30, 2023
      • Employees · 8 to 6
        Dec 2, 2022 to Mar 30, 2023
      • Private funds · 8 to 9
        Dec 2, 2022 to Mar 30, 2023
      • Discretionary RAUM · $310M to $427M
        Dec 2, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $310M to $427M
        Dec 2, 2022 to Mar 30, 2023
      • RAUM · $310M to $427M
        Dec 2, 2022 to Mar 30, 2023
      • HQ city · SAN FRANCISCO to SAN MATEO
        Jun 29, 2022 to Dec 2, 2022
      Signals
      4 dated events
      • I••••••• G••••• P••••••• reported RAUM $1.0B, up 69% from $612.4M (2024-04-15 to 2025-04-22)
        Apr 22, 2025 · RAUM change · derived
      • I••••••• G••••• P••••••• reported RAUM $612.4M, up 43% from $427.0M (2023-04-14 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • I••••••• G••••• P••••••• reported RAUM $427.0M, up 38% from $309.9M (2022-12-02 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • I••••••• G••••• P••••••• filed its initial SEC registration (Form ADV)
        Jun 29, 2022 · First SEC registration · 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/invictusgrowthreportedpublic record, Form ADV, Sep 18, 2026
      Website
      i•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      415-886-9830reportedpublic record, Form ADV, Apr 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