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

B••••••• C•••••• P•••••••

Other adviserNew York, New YorkCRD 321224SEC 801-125865websiteIAPD
Legal name B••••••• C•••••• P••••••• L•
Latest filing Mar 19, 2026
First filing on the tape May 12, 2022 · 11 filings
SEC status approved since Jun 10, 2022
RAUM
$1.2B
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
16
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$1.2B as of Mar 19, 2026
Mar 31, 2023$292M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 19, 2026
Mar 31, 20230 then
Employees (5.A)16 as of Mar 19, 2026
Mar 31, 202313 then
Private funds3 as of Mar 19, 2026
Mar 31, 20233 then
RAUM +96% over the last fiscal year+60% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 19, 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
$240MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
56%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
+96%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$530M, 3 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
  • 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$530M44%
  • Sovereign wealth funds$500M42%
  • Insurance companies$169M14%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$530M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.44 institutional_share=0.56 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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      E• R•••••• M••••• F••• L•Hedge Fund$466M26May 12, 2022
      E• R•••••• O••••••• F••• L•Hedge Fund$299M11May 12, 2022
      E• R•••••• O•••••• F•••• L•Hedge Fund$167M15May 12, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • C••••• S•••••• L••• · Chief Compliance Officer/Chief Operating Officer/Chief Financial Officercontrol
        since 04/2022 · owns less than 5%
      • S•••••• R••••• · Chief Investment Officercontrol
        since 03/2022 · owns 75% or more
      • K•••••• S•••••• · Managing Partner
        since 06/2022 · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • E• R•••••• F••• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • institutional asset share shiftChange between filings · filing Mar 19, 2026
        institutional share of RAUM moved from 24.0% to 56.0% between the annual amendments of 2025-03-26 and 2026-03-19
        peers: other advisers, $1B to $5B (247)
      What changed
      consecutive filings, newest first
      • Accounts · 32 to 5
        Mar 26, 2025 to Mar 19, 2026
      • Advisory employees · 9 to 10
        Mar 26, 2025 to Mar 19, 2026
      • Assets in custody · $465M to $530M
        Mar 26, 2025 to Mar 19, 2026
      • Employees · 15 to 16
        Mar 26, 2025 to Mar 19, 2026
      • Discretionary RAUM · $611M to $1.2B
        Mar 26, 2025 to Mar 19, 2026
      • Pooled vehicle RAUM · $465M to $530M
        Mar 26, 2025 to Mar 19, 2026
      • RAUM · $611M to $1.2B
        Mar 26, 2025 to Mar 19, 2026
      • Accounts · 4 to 32
        Nov 7, 2024 to Mar 26, 2025
      • Assets in custody · $0 to $465M
        Nov 7, 2024 to Mar 26, 2025
      • Employees · 13 to 15
        Nov 7, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Nov 7, 2024 to Mar 26, 2025
      • Discretionary RAUM · $616M to $611M
        Nov 7, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $470M to $465M
        Nov 7, 2024 to Mar 26, 2025
      • RAUM · $616M to $611M
        Nov 7, 2024 to Mar 26, 2025
      • Accounts · 3 to 4
        Oct 31, 2023 to Mar 28, 2024
      • Advisory employees · 8 to 9
        Oct 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $292M to $616M
        Oct 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $292M to $470M
        Oct 31, 2023 to Mar 28, 2024
      • RAUM · $292M to $616M
        Oct 31, 2023 to Mar 28, 2024
      • Advisory activities · 1 to 2
        Mar 31, 2023 to Sep 5, 2023
      • Advisory employees · 4 to 8
        Jan 19, 2023 to Mar 31, 2023
      • Employees · 7 to 13
        Jan 19, 2023 to Mar 31, 2023
      • Discretionary RAUM · $266M to $292M
        Jan 19, 2023 to Mar 31, 2023
      • Pooled vehicle RAUM · $266M to $292M
        Jan 19, 2023 to Mar 31, 2023
      • RAUM · $266M to $292M
        Jan 19, 2023 to Mar 31, 2023
      • Accounts · 0 to 3
        May 17, 2022 to Jul 11, 2022
      • Discretionary RAUM · $0 to $266M
        May 17, 2022 to Jul 11, 2022
      • Pooled vehicle RAUM · $0 to $266M
        May 17, 2022 to Jul 11, 2022
      • RAUM · $0 to $266M
        May 17, 2022 to Jul 11, 2022
      Signals
      3 dated events
      • B••••••• C•••••• P••••••• reported RAUM $1.2B, up 96% from $610.8M (2025-03-26 to 2026-03-19)
        Mar 19, 2026 · RAUM change · derived
      • B••••••• C•••••• P••••••• reported RAUM $616.1M, up 111% from $292.1M (2023-10-31 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • B••••••• C•••••• P••••••• filed its initial SEC registration (Form ADV)
        May 12, 2022 · 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
      Firm profile
      linkedin.com/company/breakout-capital-partnersreportedpublic record, Form ADV, Sep 19, 2026
      Website
      b•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-497-5100reportedpublic record, Form ADV, Mar 19, 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
      Other adviserderiveda 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