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
P•••••••• C••••••
Asset manager (funds and pooled vehicles)San Francisco, CaliforniaCRD 312004SEC 801-120395websiteIAPD
Legal name P•••••••• I••••••••• M••••••••• L•
Latest filing Sep 15, 2026
First filing on the tape Jan 27, 2021 · 15 filings
SEC status approved since Mar 1, 2021
RAUM
$5.1B
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
76
63 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$5.1B as of Mar 31, 2026
Mar 30, 2022$1.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20220 then
Employees (5.A)76 as of Mar 31, 2026
Mar 30, 202225 then
Private funds14 as of Mar 31, 2026
Mar 30, 20229 then
RAUM +41% over the last fiscal year+35% a year over threeIARs 0 to 0offices 0 to 1
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
- $361MderivedRAUM 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
- +41%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
- 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
- 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)
- 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 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$5.1B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 14reported
- Financial planning clients
- n/areported
- 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=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
12 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| P•••••••• C•••••• F••• I• L• | Private Equity Fund | $882M | 40 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I•••• L• | Private Equity Fund | $159M | 1 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I•• L• | Private Equity Fund | $105M | 11 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I•••• L• | Private Equity Fund | $85.7M | 4 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I•••• L• | Private Equity Fund | $80.8M | 1 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I• L• | Private Equity Fund | $33.1M | 69 | Mar 30, 2023 |
| P•••••••• C•••••• F••• I•••• L• | Private Equity Fund | $29.3M | 1 | Mar 30, 2022 |
| P•••••••• C•••••• F••• I•••••• L• | Private Equity Fund | $18.8M | 1 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I••• L• | Private Equity Fund | $14.1M | 26 | Mar 30, 2023 |
| P•••••••• C•••••• F••• I•••••• L• | Private Equity Fund | $8.0M | 1 | Jun 29, 2021 |
| P•••••••• C•••••• F••• I• E•••••••• L• | Private Equity Fund | $7.6M | 8 | Mar 30, 2022 |
| P•••••••• C•••••• F••• I• C•• L• | Private Equity Fund | $0 | 4 | Mar 29, 2024 |
Owners and control persons
Schedule A and B, latest filing
- A•••••• A••• H•••• · Chief Financial Officercontrolsince 05/2021 · owns less than 5%
- C••••••• C••••••••• J••• · Co-Founder, Managing Partner And Limited Partnercontrolsince 06/2020 · owns 50% to 75%
- K•••••• D•••• M•••••• · Chief Compliance Officer And Chief Administrative Officercontrolsince 09/2023 · owns less than 5%
- L•••••• C••••••••• R•••••• · Co-Founder, Managing Partner And Limited Partnercontrolsince 06/2020 · owns 50% to 75%
- C••••••• C••••••••• J••• · Membercontrolsince 06/2020 · owns 50% to 75% of P•••••••• I••••••••• M••••••••• G• L••
- L•••••• C••••••••• R•••••• · Membercontrolsince 06/2020 · owns 50% to 75% of P•••••••• I••••••••• M••••••••• G• L••
Entity owners
- P•••••••• I••••••••• M••••••••• G• L•• · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- P•••••••• C•••••• F••• I• G• L•pooled vehicle sponsorn
- P•••••••• C•••••• F••• I• G• L•pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · to unsetMar 31, 2026 to Sep 15, 2026
- Private funds · 14 to unsetMar 31, 2026 to Sep 15, 2026
- Succession · false to unsetMar 31, 2026 to Sep 15, 2026
- Accounts · 13 to 14Jun 2, 2025 to Mar 31, 2026
- Advisory employees · 54 to 63Jun 2, 2025 to Mar 31, 2026
- Pooled vehicle clients · 13 to 14Jun 2, 2025 to Mar 31, 2026
- Employees · 65 to 76Jun 2, 2025 to Mar 31, 2026
- Private funds · 13 to 14Jun 2, 2025 to Mar 31, 2026
- Discretionary RAUM · $3.6B to $5.1BJun 2, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $3.6B to $5.1BJun 2, 2025 to Mar 31, 2026
- RAUM · $3.6B to $5.1BJun 2, 2025 to Mar 31, 2026
- Financial planning clients · unset to Mar 31, 2025 to Jun 2, 2025
- Other offices · 0 to 1Mar 31, 2025 to Jun 2, 2025
- Accounts · 12 to 13Mar 29, 2024 to Mar 31, 2025
- Advisory employees · 37 to 54Mar 29, 2024 to Mar 31, 2025
- Pooled vehicle clients · 12 to 13Mar 29, 2024 to Mar 31, 2025
- Employees · 44 to 65Mar 29, 2024 to Mar 31, 2025
- Private funds · 12 to 13Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $3.1B to $3.6BMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $3.1B to $3.6BMar 29, 2024 to Mar 31, 2025
- RAUM · $3.1B to $3.6BMar 29, 2024 to Mar 31, 2025
- Accounts · 11 to 12Sep 15, 2023 to Mar 29, 2024
- Advisory employees · 20 to 37Sep 15, 2023 to Mar 29, 2024
- Pooled vehicle clients · 11 to 12Sep 15, 2023 to Mar 29, 2024
- Employees · 25 to 44Sep 15, 2023 to Mar 29, 2024
- Private funds · 11 to 12Sep 15, 2023 to Mar 29, 2024
- Discretionary RAUM · $2.0B to $3.1BSep 15, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $2.0B to $3.1BSep 15, 2023 to Mar 29, 2024
- RAUM · $2.0B to $3.1BSep 15, 2023 to Mar 29, 2024
- Accounts · 9 to 11May 10, 2022 to Mar 30, 2023
- Advisory employees · 15 to 20May 10, 2022 to Mar 30, 2023
- Pooled vehicle clients · 9 to 11May 10, 2022 to Mar 30, 2023
- Private funds · 9 to 11May 10, 2022 to Mar 30, 2023
- Discretionary RAUM · $1.4B to $2.0BMay 10, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $1.4B to $2.0BMay 10, 2022 to Mar 30, 2023
- RAUM · $1.4B to $2.0BMay 10, 2022 to Mar 30, 2023
- Business name · P•••••••• I••••••••• M••••••••• L• to P•••••••• C••••••Mar 30, 2022 to May 10, 2022
- Accounts · 7 to 9Jul 2, 2021 to Mar 30, 2022
- Advisory employees · 8 to 15Jul 2, 2021 to Mar 30, 2022
- Pooled vehicle clients · 7 to 9Jul 2, 2021 to Mar 30, 2022
Signals
6 dated events
- P•••••••• C•••••• reported RAUM $5.1B, up 41% from $3.6B (2025-06-02 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- P•••••••• C•••••• reported RAUM $3.1B, up 51% from $2.0B (2023-09-15 to 2024-03-29)Mar 29, 2024 · RAUM change · derived
- P•••••••• C•••••• reported RAUM $2.0B, up 45% from $1.4B (2022-05-10 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- P•••••••• C•••••• reported RAUM $1.4B, up 83% from $775.0M (2021-07-02 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Hufft Amy Abbott (Chief Compliance Officer) appeared on Schedule A of P•••••••• C••••••May 6, 2021 · Control person joined · fact
- P•••••••• I••••••••• M••••••••• L• filed its initial SEC registration (Form ADV)Jan 27, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- P•••••••• C•••••• · Independent Sponsorsshared crd · capital_provider
- P•••••••• C•••••• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/percheroncapitalreportedpublic record, Form ADV, Sep 19, 2026
- Website
- percheron.aireportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- (415)738-4340reportedpublic 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