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
Dream U.S. Manager LLC
Latest filing Aug 13, 2026
First filing on the tape May 17, 2021 · 10 filings
SEC status approved since Jun 25, 2021
RAUM
$1.0B
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
42
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$1.0B as of Aug 13, 2026
Mar 17, 2022$1.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 13, 2026
Mar 17, 20220 then
Employees (5.A)42 as of Aug 13, 2026
Mar 17, 202229 then
Private funds1 as of Aug 13, 2026
Mar 17, 20221 then
RAUM -5.6% over the last fiscal year-2.7% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 13, 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
- $1.0BderivedRAUM 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
- -5.6%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
- 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)
- 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$1.0B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true 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
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Dream U.S. Industrial Fund LP | Hedge Fund | $1.1B | 21 | Oct 20, 2021 |
Owners and control persons
Schedule A and B, latest filing
- Jay Michael Cooper · Directorcontrolsince 04/2021 · owns less than 5%
- Daniel Brian Pauls · Directorcontrolsince 04/2021 · owns less than 5%
- Michael Richard Petkun · Chief Compliance Officercontrolsince 05/2024 · owns less than 5%
- Conde Gillis Robert · Portfolio Managercontrolsince 10/2021 · owns less than 5%
- Jay Michael Cooper · Limited Partnercontrolsince 04/2021 · owns 75% or more of Sweet LP
Entity owners
- Dream Real Estate Private Equity Inc. · Sole Memberdirect · owns 75% or more
- Dream Asset Management Corporation · Sole Shareholderindirect · owns 75% or more of Dream Real Estate Private Equity Inc.
- Dream Unlimited Corp. · Sole Shareholderindirect · owns 75% or more of Dream Asset Management Corporation
- Sweet Gp, Inc. · General Partnerindirect · owns F of Sweet LP
- Sweet LP · Shareholderindirect · owns 50% to 75% of Dream Unlimited Corp.
Related persons
Schedule D 7.A
- Dream U.S. Industrial Gp LPinvestment adviserbankpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- Toronto, Canada2 employees
What changed
consecutive filings, newest first
- Employees · 46 to 42Mar 27, 2025 to Mar 26, 2026
- Discretionary RAUM · $1.1B to $1.0BMar 27, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $1.1B to $1.0BMar 27, 2025 to Mar 26, 2026
- RAUM · $1.1B to $1.0BMar 27, 2025 to Mar 26, 2026
- Advisory employees · 10 to 9Jun 14, 2024 to Mar 27, 2025
- Employees · 44 to 46Jun 14, 2024 to Mar 27, 2025
- Financial planning clients · unset to Jun 14, 2024 to Mar 27, 2025
- Discretionary RAUM · $1.1B to $1.1BJun 14, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $1.1B to $1.1BJun 14, 2024 to Mar 27, 2025
- RAUM · $1.1B to $1.1BJun 14, 2024 to Mar 27, 2025
- Advisory employees · 11 to 10Mar 29, 2024 to Jun 14, 2024
- Employees · 46 to 44Mar 29, 2024 to Jun 14, 2024
- Other offices · 2 to 1Mar 29, 2024 to Jun 14, 2024
- Advisory employees · 12 to 11Mar 29, 2023 to Mar 29, 2024
- Employees · 28 to 46Mar 29, 2023 to Mar 29, 2024
- Discretionary RAUM · $1.1B to $1.1BMar 29, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $1.1B to $1.1BMar 29, 2023 to Mar 29, 2024
- RAUM · $1.1B to $1.1BMar 29, 2023 to Mar 29, 2024
- Advisory employees · 14 to 12Dec 20, 2022 to Mar 29, 2023
- Employees · 29 to 28Dec 20, 2022 to Mar 29, 2023
- Discretionary RAUM · $1.0B to $1.1BDec 20, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $1.0B to $1.1BDec 20, 2022 to Mar 29, 2023
- RAUM · $1.0B to $1.1BDec 20, 2022 to Mar 29, 2023
- Related bank · false to trueDec 20, 2022 to Mar 29, 2023
- Employees · 27 to 29Oct 20, 2021 to Mar 17, 2022
- Discretionary RAUM · $692M to $1.0BOct 20, 2021 to Mar 17, 2022
- Pooled vehicle RAUM · $692M to $1.0BOct 20, 2021 to Mar 17, 2022
- RAUM · $692M to $1.0BOct 20, 2021 to Mar 17, 2022
- Accounts · 0 to 1May 17, 2021 to Oct 20, 2021
- Advisory employees · 3 to 14May 17, 2021 to Oct 20, 2021
- Pooled vehicle clients · unset to 1.0May 17, 2021 to Oct 20, 2021
- Employees · 3 to 27May 17, 2021 to Oct 20, 2021
- Other offices · 1 to 2May 17, 2021 to Oct 20, 2021
- Private funds · unset to 1May 17, 2021 to Oct 20, 2021
- Discretionary RAUM · $0 to $692MMay 17, 2021 to Oct 20, 2021
- Pooled vehicle RAUM · unset to 692235006.0May 17, 2021 to Oct 20, 2021
- RAUM · $0 to $692MMay 17, 2021 to Oct 20, 2021
Signals
8 dated events
- Joanne Deborah Starkman (Chief Compliance Officer/Director) no longer on Schedule A of Dream U.S. Manager Llc (listed 2024-03-29, absent 2024-06-14)Jun 14, 2024 · Control person left · inference
- Michael Richard Petkun (Chief Compliance Officer) appeared on Schedule A of Dream U.S. Manager LlcJun 14, 2024 · Control person joined · fact
- Ramesh Rahul Idnani (Director) no longer on Schedule A of Dream U.S. Manager Llc (listed 2022-12-20, absent 2023-03-29)Mar 29, 2023 · Control person left · inference
- Dream U.S. Manager Llc reported RAUM $1.0B, up 51% from $692.2M (2021-10-20 to 2022-03-17)Mar 17, 2022 · RAUM change · derived
- Gugler Kathleen Danilchick (Chief Financial Officer) no longer on Schedule A of Dream U.S. Manager Llc (listed 2021-10-20, absent 2022-03-17)Mar 17, 2022 · Control person left · inference
- Conde Gillis Robert (Portfolio Manager) appeared on Schedule A of Dream U.S. Manager LlcMar 17, 2022 · Control person joined · fact
- Gugler Kathleen Danilchick (Chief Financial Officer) appeared on Schedule A of Dream U.S. Manager LlcOct 20, 2021 · Control person joined · fact
- Dream U.S. Manager Llc filed its initial SEC registration (Form ADV)May 17, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Principal office phone
- 303-371-9000reportedpublic record, Form ADV, Aug 13, 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
Dream U.S. Manager 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.
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