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

A•••••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Gandhinagar, Gujarat, CRD 323282SEC 801-127152websiteIAPD
Latest filing Jun 30, 2026
First filing on the tape Dec 8, 2022 · 10 filings
SEC status approved since May 26, 2023
RAUM
$53.1M
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
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$53.1M as of Jun 30, 2026
Jul 1, 2024$204M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 30, 2026
Jul 1, 20240 then
Employees (5.A)3 as of Jun 30, 2026
Jul 1, 20242 then
Private funds1 as of Jun 30, 2026
Jul 1, 20241 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jun 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
$53.1MderivedRAUM 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
unknownderivedbetween 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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$53.1M, 1 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$53.1M100%
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
$53.1M for 1 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      A•••••• I•••• L••• T••• F•••Hedge Fund$32.7M25Sep 19, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• A••• · Designated Partnercontrol
        since 12/2021 · owns less than 5%
      • V••• H••••• H••••• · Designated Partnercontrol
        since 02/2024 · owns less than 5%
      • J••••••••• R•••• · Shareholdercontrol
        since 08/2022 · owns 75% or more of R••• E••••• P•••••• L••••••
      • K••••• A•••••• P•••••• C•••••• · Shareholdercontrol
        since 02/2018 · owns F of A•••••• C•••••• M••••••••• P•••••• L••••••
      • S••••••• L•••••• L•••••••• · Shareholdercontrol
        since 02/2018 · owns F of A•••••• C•••••• M••••••••• P•••••• L••••••
      • K••• R••••• · Chief Compliance Officer
        since 10/2022 · owns less than 5%
      Entity owners
      • A•••••• C•••••• M••••••••• P•••••• L•••••• · Partner
        direct · owns 75% or more
      • R••• E••••• P•••••• L•••••• · Shareholder
        indirect · owns 25% to 50% of A•••••• C•••••• M••••••••• P•••••• L••••••
      Related persons
      Schedule D 7.A
      • A•••••• C•••••• M••••••••• P•••••• L••••••
        investment advisery
      Advisers that list A•••••• I••••••••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $49.6M to $53.1M
        Sep 30, 2025 to Jun 30, 2026
      • Discretionary RAUM · $49.6M to $53.1M
        Sep 30, 2025 to Jun 30, 2026
      • Pooled vehicle RAUM · $49.6M to $53.1M
        Sep 30, 2025 to Jun 30, 2026
      • RAUM · $49.6M to $53.1M
        Sep 30, 2025 to Jun 30, 2026
      • Accounts · 3 to 1
        Feb 11, 2025 to Jun 27, 2025
      • Assets in custody · $32.7M to $49.6M
        Feb 11, 2025 to Jun 27, 2025
      • Employees · 2 to 3
        Feb 11, 2025 to Jun 27, 2025
      • Financial planning clients · unset to
        Feb 11, 2025 to Jun 27, 2025
      • Discretionary RAUM · $208M to $49.6M
        Feb 11, 2025 to Jun 27, 2025
      • Pension RAUM · 171666997.0 to unset
        Feb 11, 2025 to Jun 27, 2025
      • Pooled vehicle RAUM · $32.7M to $49.6M
        Feb 11, 2025 to Jun 27, 2025
      • RAUM · $208M to $49.6M
        Feb 11, 2025 to Jun 27, 2025
      • HQ state · unset to
        Jul 11, 2024 to Feb 11, 2025
      • Accounts · 2 to 3
        Jul 1, 2024 to Jul 11, 2024
      • Discretionary RAUM · $204M to $208M
        Jul 1, 2024 to Jul 11, 2024
      • RAUM · $204M to $208M
        Jul 1, 2024 to Jul 11, 2024
      • Accounts · 1 to 2
        Sep 19, 2023 to Jul 1, 2024
      • Advisory activities · 1 to 2
        Sep 19, 2023 to Jul 1, 2024
      • Assets in custody · $25.7M to $32.7M
        Sep 19, 2023 to Jul 1, 2024
      • Discretionary RAUM · $25.7M to $204M
        Sep 19, 2023 to Jul 1, 2024
      • Pension RAUM · unset to 171666997.0
        Sep 19, 2023 to Jul 1, 2024
      • Pooled vehicle RAUM · $25.7M to $32.7M
        Sep 19, 2023 to Jul 1, 2024
      • RAUM · $25.7M to $204M
        Sep 19, 2023 to Jul 1, 2024
      • Accounts · unset to 1.0
        Apr 12, 2023 to Sep 19, 2023
      • Pooled vehicle clients · unset to 1.0
        Apr 12, 2023 to Sep 19, 2023
      • Assets in custody · unset to 25704116.0
        Apr 12, 2023 to Sep 19, 2023
      • Custody of client assets · false to true
        Apr 12, 2023 to Sep 19, 2023
      • Private funds · unset to 1
        Apr 12, 2023 to Sep 19, 2023
      • Discretionary RAUM · unset to 25704116.0
        Apr 12, 2023 to Sep 19, 2023
      • Non-discretionary RAUM · unset to 0.0
        Apr 12, 2023 to Sep 19, 2023
      • Pooled vehicle RAUM · unset to 25704116.0
        Apr 12, 2023 to Sep 19, 2023
      • RAUM · unset to 25704116.0
        Apr 12, 2023 to Sep 19, 2023
      • Advisory activities · 3 to 1
        Dec 8, 2022 to Jan 17, 2023
      Signals
      9 dated events
      • A•••••• I••••••••• M••••••••• L•• reported RAUM $49.6M, down 76% from $208.4M (2025-02-11 to 2025-06-27)
        Jun 27, 2025 · RAUM change · derived
      • H••••• H•••• Ved (Designated Partner) appeared on Schedule A of A•••••• I••••••••• M••••••••• L••
        Jul 1, 2024 · Control person joined · fact
      • Atul Sharma (Designated Partner) no longer on Schedule A of A•••••• I••••••••• M••••••••• L•• (listed 2023-09-19, absent 2024-07-01)
        Jul 1, 2024 · Control person left · inference
      • Naresh Chirag Pandya (Designated Partner) no longer on Schedule A of A•••••• I••••••••• M••••••••• L•• (listed 2023-09-19, absent 2024-07-01)
        Jul 1, 2024 · Control person left · inference
      • R••••• Aryaman J••••••••• (Shareholder) no longer on Schedule A of A•••••• I••••••••• M••••••••• L•• (listed 2023-04-12, absent 2023-09-19)
        Sep 19, 2023 · Control person left · inference
      • R••••• A•••••• J••••••••• (Shareholder) no longer on Schedule A of A•••••• I••••••••• M••••••••• L•• (listed 2023-04-12, absent 2023-09-19)
        Sep 19, 2023 · Control person left · inference
      • R•••• J••••••••• (Shareholder) appeared on Schedule A of A•••••• I••••••••• M••••••••• L••
        Sep 19, 2023 · Control person joined · fact
      • Naresh Chirag Pandya (Designated Partner) appeared on Schedule A of A•••••• I••••••••• M••••••••• L••
        Sep 19, 2023 · Control person joined · fact
      • A•••••• I••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 8, 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/alchemy-investment-management-llp/aboutreportedpublic record, Form ADV, Sep 19, 2026
      Website
      a••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      079-61693000reportedpublic record, Form ADV, Jun 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