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

Realterm

Asset manager (funds and pooled vehicles)Annapolis, MarylandCRD 322689SEC 801-128609websiteIAPD
Legal name Realterm Transportation LLC
Latest filing May 6, 2026
First filing on the tape Jul 21, 2023 · 7 filings
SEC status approved since Aug 21, 2023
RAUM
$11B
reported, Item 5.F
Discretionary
81%
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
265
109 advisory (5.B.1)
Offices
16
beyond the principal office
Private funds
13
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$11B as of May 6, 2026
Mar 28, 2024$9.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 6, 2026
Mar 28, 20240 then
Employees (5.A)265 as of May 6, 2026
Mar 28, 2024228 then
Private funds13 as of May 6, 2026
Mar 28, 202410 then
RAUM +8.6% over the last fiscal yearIARs 0 to 0offices 15 to 16
Practice profile
derived from the filing of May 6, 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
$679MderivedRAUM over accounts (5.F.2.f)
Discretionary
81%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived17 offices incl. principal (1.F.5)
RAUM growth, one year
+8.6%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 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$11B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
16reported
Financial planning clients
0reported
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)
      FundTypeGross assetsOwnersFirst reported
      Realterm Logistics Income Fund, LPReal Estate Fund$3.9B18Jul 21, 2023
      Realterm Airport Logistics Properties, LPReal Estate Fund$1.8B14Jul 21, 2023
      Realterm Logistics Fund IV, LPReal Estate Fund$779M43Jul 21, 2023
      Realterm Logistics Fund III, LPReal Estate Fund$738M27Jul 21, 2023
      Rlif Co-Investment Fund I, L.P.Real Estate Fund$566M7Jul 21, 2023
      Realterm Logistics Income Qfpf Fund, LPReal Estate Fund$415M3Jul 21, 2023
      Realterm Europe Logistics Fund, ScspReal Estate Fund$375M4Jul 21, 2023
      Realterm Europe Logistics Income Fund, ScspReal Estate Fund$334M6Jul 21, 2023
      Realterm Europe Logistics Fund II, ScspReal Estate Fund$318M12Mar 28, 2024
      Realterm Europe Logistics Income Feeder Fund, ScspReal Estate Fund$204M2Jul 21, 2023
      Rlf IV Feeder, LPReal Estate Fund$54.1M1Jul 21, 2023
      Realterm Logistics Fund II, L.P.Real Estate Fund$5.7M9Jul 21, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Amanda Battist · Chief Financial Officer Europecontrol
        since 03/2012 · owns less than 5%
      • Philip Edward Brickley · Managing Director And Fund Manager Rlf Seriescontrol
        since 06/2011 · owns less than 5%
      • John Cammett · Co-Chairman And Foundercontrol
        since 04/1991 · owns 25% to 50%
      • S Kenneth Code · Co-Chairman And Foundercontrol
        since 04/1991 · owns 25% to 50%
      • Robert Fordi · Chief Executive Officer And Chief Investment Officercontrol
        since 07/1999 · owns 25% to 50%
      • Radice Alberto Fossati · Managing Director And Fund Manager Relifcontrol
        since 01/2022 · owns less than 5%
      • William Wade Judge · Executive Vice Presidentcontrol
        since 04/2020 · owns less than 5%
      • Balazs Lados · Managing Director And Fund Manager Relfcontrol
        since 08/2020 · owns less than 5%
      • Gideon Peter Lesburg · Managing Director Capital Marketscontrol
        since 01/2011 · owns less than 5%
      • Stephen Panos · Managing Director And Fund Manager Rlifcontrol
        since 08/2018 · owns less than 5%
      • Roberta Paquin · Chief Financial Officer North America, And Global Accounting Officercontrol
        since 11/2014 · owns less than 5%
      • Duncan Pickett · President And Chief Operating Officercontrol
        since 05/2018 · owns less than 5%
      • David Rose · Managing Director And Fund Manager Ralpcontrol
        since 09/2015 · owns less than 5%
      • Saul Jason Rosenberg · Chief Compliance Officercontrol
        since 05/2022 · owns less than 5%
      • Toni Ryan · Fund Manager, Apaccontrol
        since 09/2022 · owns less than 5%
      • Aaron Sacks · Managing Director And General Counselcontrol
        since 07/2013 · owns less than 5%
      • C Paul Sisson · Managing Director And Head Of Credit Solutionscontrol
        since 01/2023 · owns less than 5%
      • Paul Underwood · Senior Managing Director, Fund Managementcontrol
        since 01/2006 · owns less than 5%
      • Bastian Van Halder · Managing Director, Apaccontrol
        since 10/2021 · owns less than 5%
      • Grayson Witmer · Managing Director Corporate Developmentcontrol
        since 05/2012 · owns less than 5%
      • John Cammett · Activecontrol
        since 03/2019 · owns 25% to 50% of Realterm Holdings, LLC
      • S Kenneth Code · Activecontrol
        since 03/2019 · owns 25% to 50% of Realterm Holdings, LLC
      • Robert Fordi · Activecontrol
        since 08/2013 · owns 25% to 50% of Rf Investco, LLC
      Entity owners
      • Realterm Holdings, LLC · Member
        direct · owns 50% to 75%
      • Rf Investco, LLC · Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • Ral Gp, LLC
        pooled vehicle sponsorn
      • Realterm Europe Gp S.A.R.L.
        pooled vehicle sponsorn
      • Realterm Gp II, LLC
        pooled vehicle sponsorn
      • Realterm Gp III, LLC
        pooled vehicle sponsorn
      • Realterm Gp IV, LLC
        pooled vehicle sponsorn
      • Relf II Gp, S.A.R.L.
        pooled vehicle sponsorn
      • Relif Gp S.A.R.L.
        pooled vehicle sponsorn
      • Rlif Gp, LLC
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Amsterdam, Netherlands11 employees
      • Chicago, IL11 employees
      • New York, NY8 employees
      • El Segundo, CA7 employees
      • Sydney, Australia4 employees
      • Singapore, Singapore3 employees
      • Washington, DC2 employees
      • Baltimore, MD2 employees
      • Dorval Qc, Canada2 employees
      • London, United Kingdom2 employees
      • Humble, TX1 employees
      • Ft Lauderdale, FL1 employees
      • Dallas, TX1 employees
      • Mississauga, On, Canada
      What changed
      consecutive filings, newest first
      • Accounts · 14 to 16
        May 19, 2025 to Mar 30, 2026
      • Advisory employees · 106 to 109
        May 19, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 14 to 16
        May 19, 2025 to Mar 30, 2026
      • Employees · 256 to 265
        May 19, 2025 to Mar 30, 2026
      • Other offices · 15 to 16
        May 19, 2025 to Mar 30, 2026
      • Private funds · 11 to 13
        May 19, 2025 to Mar 30, 2026
      • Discretionary RAUM · $8.0B to $8.8B
        May 19, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $2.0B to $2.1B
        May 19, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $10B to $11B
        May 19, 2025 to Mar 30, 2026
      • RAUM · $10B to $11B
        May 19, 2025 to Mar 30, 2026
      • Financial planning clients · 0 to 0
        Mar 28, 2025 to May 19, 2025
      • Accounts · 13 to 14
        May 1, 2024 to Mar 28, 2025
      • Advisory employees · 87 to 106
        May 1, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 13 to 14
        May 1, 2024 to Mar 28, 2025
      • Employees · 228 to 256
        May 1, 2024 to Mar 28, 2025
      • Other offices · 14 to 15
        May 1, 2024 to Mar 28, 2025
      • Private funds · 10 to 11
        May 1, 2024 to Mar 28, 2025
      • Discretionary RAUM · $7.4B to $8.0B
        May 1, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $1.8B to $2.0B
        May 1, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $9.2B to $10B
        May 1, 2024 to Mar 28, 2025
      • RAUM · $9.2B to $10B
        May 1, 2024 to Mar 28, 2025
      • Discretionary RAUM · $7.4B to $7.4B
        Mar 28, 2024 to May 1, 2024
      • Pooled vehicle RAUM · $9.2B to $9.2B
        Mar 28, 2024 to May 1, 2024
      • RAUM · $9.2B to $9.2B
        Mar 28, 2024 to May 1, 2024
      • Accounts · 11 to 13
        Jul 21, 2023 to Mar 28, 2024
      • Advisory employees · 67 to 87
        Jul 21, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 11 to 13
        Jul 21, 2023 to Mar 28, 2024
      • Assets in custody · $7.7B to $0
        Jul 21, 2023 to Mar 28, 2024
      • Employees · 212 to 228
        Jul 21, 2023 to Mar 28, 2024
      • Other offices · 12 to 14
        Jul 21, 2023 to Mar 28, 2024
      • Private funds · 11 to 10
        Jul 21, 2023 to Mar 28, 2024
      • Discretionary RAUM · $6.8B to $7.4B
        Jul 21, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $1.8B to $1.8B
        Jul 21, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $8.6B to $9.2B
        Jul 21, 2023 to Mar 28, 2024
      • RAUM · $8.6B to $9.2B
        Jul 21, 2023 to Mar 28, 2024
      Signals
      1 dated events
      • Realterm filed its initial SEC registration (Form ADV)
        Jul 21, 2023 · 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/realtermreportedpublic record, Form ADV, Sep 17, 2026
      Website
      realterm.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      410-280-1100reportedpublic record, Form ADV, May 6, 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

      Realterm 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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