Dfn Management Llc.
- Regulatory AUM
- $241M
- Discretionary
- $241M
- Clients
- 2
- Avg AUM / client
- $121M
- Accounts
- 2
- Employees
- 6
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 2 | $241M | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $155M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Dfn Alpha 90/10 Fund Lp | Hedge Fund | Delaware | $126M | 34 |
| Dfn Alpha Advantage Fund Lp | Hedge Fund | Delaware | $29.2M | 36 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Flagg, Donald, Clifford | Member And Investment Officer | Sep 2015 (11y) | 25% – 50% | |
| Nirgudkar, Amol, A | Member And Managing Officer | Sep 2015 (11y) | 25% – 50% | |
| Nicholas John Koen | Managing Member | May 2022 (4y) | 25% – 50% | |
| Paverman, Mark, Elliot | Chief Compliance Officer | Dec 2024 (2y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $155M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Dfn Alpha 90/10 Fund Lp | Hedge Fund | $126M | $250K | 34 |
| Dfn Alpha Advantage Fund Lp | Hedge Fund | $29.2M | $250K | 36 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.62 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗