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•••••••• A•••• M••••••••• •••••

Asset manager (funds and pooled vehicles)Wanchai, CRD 322390SEC 801-126155websiteIAPD
Legal name P•••••••• A•••• M••••••••• C•••••• ••••• L••••••
Latest filing Mar 31, 2026
First filing on the tape Jun 22, 2022 · 14 filings
SEC status approved since Jul 22, 2022
RAUM
$14B
reported, Item 5.F
Discretionary
94%
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
39
30 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$14B as of Mar 31, 2026
Mar 29, 2023$14B then
HNW client RAUM$0 as of Mar 31, 2026
Mar 29, 2023$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20230 then
Employees (5.A)39 as of Mar 31, 2026
Mar 29, 202315 then
Private funds: no history
RAUM +6.0% over the last fiscal year+0.5% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$411MderivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
4.4%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
+6.0%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 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
  • 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)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$11B80%
  • Banks and thrifts$2.0B14%
  • Pension and profit-sharing plans$384M2.7%
  • Sovereign wealth funds$243M1.7%
  • Investment companies$222M1.5%
  • Corporations and businesses$50.3M0.4%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
8reported
Charitable clients
0reported
Accounts
35reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.81 institutional_share=0.04 related_bd=true 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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • C••••• D••••• H• Y•• · Directorcontrol
        since 06/2021 · owns less than 5%
      • C•••• S••••• P• S•• · Chief Executive Officercontrol
        since 03/2023 · owns less than 5%
      • D••••••••• G••••• · G•••••• Counselcontrol
        since 11/2023 · owns less than 5%
      • E•••••••• R••••••••• A••••••••• E•••• · Directorcontrol
        since 06/2021 · owns less than 5%
      • L••••• J•••••• T••••• · Chief Compliance Officercontrol
        since 10/2022 · owns less than 5%
      • S••••• P••••••• H••••• H••••••• · Officercontrol
        since 06/2015 · owns less than 5%
      • S••••• R••• K•••• · Directorcontrol
        since 08/2024 · owns less than 5%
      • V••••• R•••• · Directorcontrol
        since 03/2023 · owns less than 5%
      • W•• M••••••• X••••••• · Officercontrol
        since 11/2020 · owns less than 5%
      • Z••••• R••••• · Directorcontrol
        since 03/2023 · owns less than 5%
      Entity owners
      • P•••••••• I••••••••• ••••• L•••••• · Sole S•••••••••
        direct · owns 75% or more
      • P•••••••• F•••••••• G••••• I•• · Sole S•••••••••
        indirect · owns 75% or more of P•••••••• F•••••••• S••••••• I•• · public reporting company
      • P•••••••• F•••••••• S••••••• I•• · Sole S•••••••••
        indirect · owns 75% or more of P•••••••• I••••••••• L••
      • P•••••••• I••••••••• L•• · Sole S•••••••••
        indirect · owns 75% or more of P•••••••• I••••••••• ••••• L••••••
      Related persons
      Schedule D 7.A
      • B••••••••• S•••••• E• P••••••••• S•••
        real estaten
      • C••••••• A••••••••• D• R••••••• L••••
        pooled vehicle sponsorn
      • C••••••• I••••••••• L••
        investment adviserpooled vehicle sponsorn
      • D••••••• C•••••• G•••••••• • T•••• C••••••
        n
      • D••••••••• D••••• S•••••••• I••• A• N••••• C•••• C•••••••••
        real estaten
      • E•••••••• D••••• S•••••••• I•••
        real estaten
      • E••••• F•• L•••
        broker-dealern
      • F•••• D••••• H•••••
        real estaten
      • P•••••••• O•••••
        investment adviserpooled vehicle sponsornRAUM $4.6B
      • P••••• A••••••••• L••
        n
      • P••• A••••••• G••••• L••
        investment adviserbankpooled vehicle sponsornRAUM $13B
      • P•••••••• A••••••••• G•••••• D• F••••• S•••
        pooled vehicle sponsorn
      • P•••••••• A•••••• S•••••••
        investment advisernRAUM $1.4B
      • P•••••••• A••••• S••• D• C•••• P•••••••• G•••• F•••••••••
        real estaten
      • P•••••••• A••••• E• I••••••••• S•••
        investment advisern
      • P•••••••• A•••• M••••••••• •• P•• L••••••
        pooled vehicle sponsorn
      • P•••••••• A•••• M••••••••• B•••••
        pooled vehicle sponsorn
      • P•••••••• A•••• M••••••••• C•••••• L•••••• •••••••••
        pooled vehicle sponsorn
      • P•••••••• B•••
        n
      • P•••••••• C••••••• D• S•••••• D• V••• C•••• S•••
        real estaten
      • P•••••••• D••••• S•••••••• I•••
        real estaten
      • P•••••••• F•••••••• G••••• I•••
        real estatey
      • P•••••••• F•••••••• S•••••••• I•••
        real estatey
      • P•••••••• F••••• D• I••••••••• S••• D• C•••• O•••••••• D• F••••• D• I••••••••• P•••••••• G•••• F•••••••••
        pooled vehicle sponsorn
      • P•••••••• F•••• D••••••••• I•••
        broker-dealern
      • P•••••••• G••••• I•••••••• ••••••••• L••••••
        investment advisern
      • P•••••••• G••••• I•••••••• ••••••• L••••••
        investment advisern
      • P•••••••• G••••• I•••••••• •••• K•••• L••••••
        investment advisern
      • P•••••••• G••••• I•••••••• •••••••• L••••••
        investment adviserpooled vehicle sponsorn
      • P•••••••• G••••• I•••••••• •••••• L••
        investment adviserpooled vehicle sponsorn
      Advisers that list P•••••••• A•••• M••••••••• ••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Wanchai, Hong Kong
      What changed
      consecutive filings, newest first
      • Accounts · 43 to 35
        Sep 18, 2025 to Mar 31, 2026
      • Charity clients · 1 to 0
        Sep 18, 2025 to Mar 31, 2026
      • Pension plan clients · 14 to 8
        Sep 18, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to
        Sep 18, 2025 to Mar 31, 2026
      • Discretionary RAUM · $13B to $14B
        Sep 18, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $821M to $822M
        Sep 18, 2025 to Mar 31, 2026
      • Pension RAUM · $638M to $384M
        Sep 18, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $9.7B to $11B
        Sep 18, 2025 to Mar 31, 2026
      • RAUM · $14B to $14B
        Sep 18, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        Mar 31, 2025 to Sep 18, 2025
      • Accounts · 47 to 43
        Sep 5, 2024 to Mar 31, 2025
      • Advisory employees · 35 to 30
        Sep 5, 2024 to Mar 31, 2025
      • Pension plan clients · 15 to 14
        Sep 5, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 20 to 14
        Sep 5, 2024 to Mar 31, 2025
      • Employees · 41 to 39
        Sep 5, 2024 to Mar 31, 2025
      • HQ state · unset to
        Sep 5, 2024 to Mar 31, 2025
      • Discretionary RAUM · $12B to $13B
        Sep 5, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $639M to $821M
        Sep 5, 2024 to Mar 31, 2025
      • Pension RAUM · $632M to $638M
        Sep 5, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $9.3B to $9.7B
        Sep 5, 2024 to Mar 31, 2025
      • RAUM · $12B to $14B
        Sep 5, 2024 to Mar 31, 2025
      • Accounts · 53 to 47
        Nov 3, 2023 to Mar 27, 2024
      • Advisory employees · 9 to 35
        Nov 3, 2023 to Mar 27, 2024
      • Corporate clients · 2 to 1
        Nov 3, 2023 to Mar 27, 2024
      • Pension plan clients · 14 to 15
        Nov 3, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 30 to 20
        Nov 3, 2023 to Mar 27, 2024
      • Employees · 15 to 41
        Nov 3, 2023 to Mar 27, 2024
      • Discretionary RAUM · $13B to $12B
        Nov 3, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $668M to $639M
        Nov 3, 2023 to Mar 27, 2024
      • Pension RAUM · $597M to $632M
        Nov 3, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $11B to $9.3B
        Nov 3, 2023 to Mar 27, 2024
      • RAUM · $14B to $12B
        Nov 3, 2023 to Mar 27, 2024
      • Accounts · 28 to 53
        Nov 14, 2022 to Mar 29, 2023
      • Charity clients · unset to 1.0
        Nov 14, 2022 to Mar 29, 2023
      • Corporate clients · 0 to 2
        Nov 14, 2022 to Mar 29, 2023
      • Pension plan clients · 11 to 14
        Nov 14, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 14 to 30
        Nov 14, 2022 to Mar 29, 2023
      • HQ city · KWUN TONG, KOWLOON to WANCHAI
        Nov 14, 2022 to Mar 29, 2023
      • Other offices · 0 to 1
        Nov 14, 2022 to Mar 29, 2023
      • Discretionary RAUM · $11B to $13B
        Nov 14, 2022 to Mar 29, 2023
      Signals
      9 dated events
      • K•••• Raj S•••• (Director) appeared on Schedule A of P•••••••• A•••• M••••••••• •••••
        Sep 5, 2024 · Control person joined · fact
      • Kirk Kenneth West (Director) no longer on Schedule A of P•••••••• A•••• M••••••••• ••••• (listed 2024-03-27, absent 2024-06-25)
        Jun 25, 2024 · Control person left · inference
      • George Djurasovic (General Counsel) appeared on Schedule A of P•••••••• A•••• M••••••••• •••••
        Nov 1, 2023 · Control person joined · fact
      • Po Slu S•••• C••• (Chief Executive Officer) appeared on Schedule A of P•••••••• A•••• M••••••••• •••••
        Mar 29, 2023 · Control person joined · fact
      • Rohit Vohra (Director) appeared on Schedule A of P•••••••• A•••• M••••••••• •••••
        Mar 29, 2023 · Control person joined · fact
      • R••••• Z•••• (Director) appeared on Schedule A of P•••••••• A•••• M••••••••• •••••
        Mar 29, 2023 · Control person joined · fact
      • John Andrew Donohue (Chief Compliance Officer) no longer on Schedule A of P•••••••• A•••• M••••••••• ••••• (listed 2022-06-29, absent 2022-10-10)
        Oct 10, 2022 · Control person left · inference
      • T••••• J••••• L•••• (Chief Compliance Officer) appeared on Schedule A of P•••••••• A•••• M••••••••• •••••
        Oct 10, 2022 · Control person joined · fact
      • P•••••••• A•••• M••••••••• C•••••• ••••• L•••••• filed its initial SEC registration (Form ADV)
        Jun 22, 2022 · ria f•••• adv filing · 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/principalhongkong/posts/?feedView=allreportedpublic record, Form ADV, Sep 18, 2026
      Website
      principal.com.hkreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      852-2827-1628reportedpublic record, Form ADV, Mar 31, 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