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

C•••••• F••• U• I•••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 315650SEC 801-122112websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jul 19, 2021 · 15 filings
SEC status approved since Aug 19, 2021
RAUM
$2.6B
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
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$2.6B as of Mar 30, 2026
Mar 29, 2022$780M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 29, 2022$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 29, 20220 then
Employees (5.A)8 as of Mar 30, 2026
Mar 29, 20228 then
Private funds5 as of Mar 30, 2026
Mar 31, 20233 then
RAUM +26% over the last fiscal year+18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$293MderivedRAUM 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
+26%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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.6B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
9reported
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=true 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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      C•••••• F••• U• C•• I•• L•••Securitized Asset Fund$418M0Mar 31, 2023
      C•••••• F••• U• C•• I• L•••Securitized Asset Fund$411M0Sep 29, 2022
      C•••••• F••• U• C•• I• L•••Securitized Asset Fund$395M0Sep 29, 2022
      C•••••• F••• U• C•• I• L•••Securitized Asset Fund$37.7M0Mar 30, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • D••••• A••• B•••••••• · Portfolio Manager, Senior Partnercontrol
        since 05/2024 · owns less than 5%
      • L•••••• R•••••• M•• · Chief Operating Officer & Chief Compliance Officercontrol
        since 09/2023 · owns less than 5%
      • B••••••••• E••••••• S••••• M••••••• · Ownercontrol
        since 08/2023 · owns 75% or more of B•••••••• G•••• H••••••• S•
      • B••••••••• E••••••• S••••• M••••••• · Ownercontrol
        since 08/2023 · owns 75% or more of B••••••••• P••••••• L••
      • B••••••••• E••••••• S••••• M••••••• · L•••••• Partnercontrol
        since 01/2011 · owns 50% to 75% of L••••••• L•
      • G••••••••• D••••• · L•••••• Partnercontrol
        since 01/2011 · owns 25% to 50% of L••••••• L•
      Entity owners
      • C•••••• F••• H•••••• A•• · Sole Shareholder
        direct · owns 75% or more
      • B•••••••• A• H••••••• L•••••• · General Partner
        indirect · owns F of N••••••• C•••••• ••••••• L•
      • B•••••••• A• H••••••• L•••••• · General Partner
        indirect · owns F of N••••••• J••••• H••••••• L•
      • B•••••••• G• L•• · General Partner
        indirect · owns F of N••••••• I••••• L•
      • B•••••••• G•••• H••••••• S• · Owner
        indirect · owns 75% or more of B•••••••• H••••••• ••••••••• S•
      • B•••••••• H••••••• ••••••••• S• · Owner
        indirect · owns 75% or more of B•••••••• A• H••••••• L••••••
      • B•••••••• H••••••• ••••••••• S• · Owner
        indirect · owns 75% or more of B•••••••• G• L••
      • B••••••••• P••••••• L•• · Owner
        indirect · owns 75% or more of L• ••• L••
      • L••••••• L• · L•••••• Partner
        indirect · owns 75% or more of N••••••• I••••• L•
      • L• ••• L•• · General Partner
        indirect · owns F of L••••••• L•
      • N••••••• C•••••• ••••••• L• · L•••••• Partner
        indirect · owns 75% or more of N••••••• J••••• H••••••• L•
      • N••••••• I••••• L• · L•••••• Partner
        indirect · owns 75% or more of N••••••• C•••••• ••••••• L•
      • N••••••• J••••• H••••••• L• · Owner
        indirect · owns 75% or more of N••••••• U• M••••••••• H••••••• L•••••• I•
      • N••••••• M••••• L••••••••• H••••••• S••• · Owner
        indirect · owns 50% to 75% of C•••••• F••• H•••••• A••
      • N••••••• U• M••••••••• H••••••• L•••••• I• · Owner
        indirect · owns 75% or more of N••••••• M••••• L••••••••• H••••••• S•••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • private fund count surgeChange between filings · filing Mar 30, 2026
        private funds (Schedule D 7.B.1) moved from 3.0 to 5.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-03-30; the peer median change was 0.0% (1022 comparable advisers, 97.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,022) · 97% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 7 to 9
        Mar 31, 2025 to Mar 30, 2026
      • Advisory employees · 6 to 5
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 7 to 9
        Mar 31, 2025 to Mar 30, 2026
      • Employees · 9 to 8
        Mar 31, 2025 to Mar 30, 2026
      • Private funds · 3 to 5
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $2.1B to $2.6B
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $2.1B to $2.6B
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $2.1B to $2.6B
        Mar 31, 2025 to Mar 30, 2026
      • Accounts · 8 to 7
        May 30, 2024 to Mar 31, 2025
      • Advisory employees · 8 to 6
        May 30, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 8 to 7
        May 30, 2024 to Mar 31, 2025
      • Employees · 12 to 9
        May 30, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        May 30, 2024 to Mar 31, 2025
      • Private funds · 4 to 3
        May 30, 2024 to Mar 31, 2025
      • Discretionary RAUM · $2.0B to $2.1B
        May 30, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $2.0B to $2.1B
        May 30, 2024 to Mar 31, 2025
      • RAUM · $2.0B to $2.1B
        May 30, 2024 to Mar 31, 2025
      • Related insurance company · false to true
        May 30, 2024 to Mar 31, 2025
      • Accounts · 5 to 8
        Sep 1, 2023 to Mar 30, 2024
      • Advisory employees · 7 to 8
        Sep 1, 2023 to Mar 30, 2024
      • Pooled vehicle clients · 5 to 8
        Sep 1, 2023 to Mar 30, 2024
      • Employees · 10 to 12
        Sep 1, 2023 to Mar 30, 2024
      • Private funds · 3 to 4
        Sep 1, 2023 to Mar 30, 2024
      • Discretionary RAUM · $1.6B to $2.0B
        Sep 1, 2023 to Mar 30, 2024
      • Pooled vehicle RAUM · $1.6B to $2.0B
        Sep 1, 2023 to Mar 30, 2024
      • RAUM · $1.6B to $2.0B
        Sep 1, 2023 to Mar 30, 2024
      • Accounts · 3 to 5
        Sep 29, 2022 to Mar 31, 2023
      • Advisory employees · 6 to 7
        Sep 29, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 3 to 5
        Sep 29, 2022 to Mar 31, 2023
      • Employees · 8 to 10
        Sep 29, 2022 to Mar 31, 2023
      • Private funds · 2 to 3
        Sep 29, 2022 to Mar 31, 2023
      • Discretionary RAUM · $780M to $1.6B
        Sep 29, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $780M to $1.6B
        Sep 29, 2022 to Mar 31, 2023
      • RAUM · $780M to $1.6B
        Sep 29, 2022 to Mar 31, 2023
      • Private funds · unset to 2
        Jul 12, 2022 to Sep 29, 2022
      • Assets in custody · 780000000.0 to unset
        Apr 21, 2022 to Jul 12, 2022
      • Custody of client assets · true to false
        Apr 21, 2022 to Jul 12, 2022
      • Accounts · 1 to 3
        Jan 26, 2022 to Mar 29, 2022
      • Pooled vehicle clients · 1 to 3
        Jan 26, 2022 to Mar 29, 2022
      • Assets in custody · $171M to $780M
        Jan 26, 2022 to Mar 29, 2022
      Signals
      8 dated events
      • C•••••• F••• U• I••• reported RAUM $2.6B, up 26% from $2.1B (2025-03-31 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Michael James Wiant (Ceo) no longer on Schedule A of C•••••• F••• U• I••• (listed 2024-05-07, absent 2024-05-30)
        May 30, 2024 · Control person left · inference
      • Bhupendra Ami Dogra (Portfolio Manager, Senior Partner) appeared on Schedule A of C•••••• F••• U• I•••
        May 30, 2024 · Control person joined · fact
      • Max Robert Lasner (Chief Operating Officer & Chief Compliance Officer) appeared on Schedule A of C•••••• F••• U• I•••
        Sep 1, 2023 · Control person joined · fact
      • George Joseph Sorensen (Cco / Head Of Us Finance & Operations) no longer on Schedule A of C•••••• F••• U• I••• (listed 2023-03-31, absent 2023-09-01)
        Sep 1, 2023 · Control person left · inference
      • C•••••• F••• U• I••• reported RAUM $1.6B, up 104% from $780.0M (2022-09-29 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • C•••••• F••• U• I••• reported RAUM $780.0M, up 357% from $170.7M (2022-01-26 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      • C•••••• F••• U• I••• filed its initial SEC registration (Form ADV)
        Jul 19, 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
      Website
      capital-four.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-461-3730reportedpublic record, Form ADV, Mar 30, 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