Dfw Capital Management, Llc
- Regulatory AUM
- $2.9B
- Discretionary
- $2.9B
- Clients
- 7
- Avg AUM / client
- $412M
- Accounts
- 7
- Employees
- 25
AUM over time
Annual snapshots from Form ADV filings · as of Mar 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 7 | $2.9B | 100.0% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Dfw Capital Partners Vii, L.P. | Private Equity Fund | Delaware | $779M | 150 |
| Dfw Capital Partners Vi, L.P. | Private Equity Fund | Delaware | $651M | 91 |
| Dfw Capital Partners Iv Continuation, L.P. | Private Equity Fund | Delaware | $257M | 66 |
| Dfw Capital Partners V, L.P. | Private Equity Fund | Delaware | $231M | 86 |
| Dfw Vi Co Invest (A), L.P | Private Equity Fund | Delaware | $146M | 13 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Pennell, Keith, Walton | President & Treasuer | Feb 2012 (15y) | ≈ 0% – 2.5% via Dfw Holdings Gp, Llc | |
| Prager, Brett, Lawrence | Vice President | Feb 2012 (15y) | ≈ 0% – 2.5% via Dfw Holdings Gp, Llc | |
| Tilley, Brian, Christopher | Secretary | Feb 2012 (15y) | Less than 5% | |
| Lieberman, Cheri, Elise | Chief Compliance Officer | Nov 2015 (11y) | Less than 5% | |
| Gilbert, Douglas, Hamlin | Secretary | Jan 2019 (8y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Dfw Holdings, Lp | Member | Jan 2024 | A | 75% or more |
| Dfw Holdings Gp, Llc | Managing Member | Dec 2023 | A | Less than 5% |
| Dfw Holdings Gp, Llc | General Partner | Dec 2023 | B | ≈ 56.25% – 100% via Dfw Holdings, Lp |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Pennell, Keith, Walton: 25% – 50% of Dfw Holdings Gp, Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Prager, Brett, Lawrence: 25% – 50% of Dfw Holdings Gp, Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Dfw Holdings Gp, Llc: 75% – 100% of Dfw Holdings, Lp × 75% – 100% direct ≈ 56.25% – 100% of the firm
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 (5, $2.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Dfw Capital Partners Vii, L.P. | Private Equity Fund | $779M | $5.0M | 150 |
| Dfw Capital Partners Vi, L.P. | Private Equity Fund | $651M | $1.0M | 91 |
| Dfw Capital Partners Iv Continuation, L.P. | Private Equity Fund | $257M | $500K | 66 |
| Dfw Capital Partners V, L.P. | Private Equity Fund | $231M | $1.0M | 86 |
| Dfw Vi Co Invest (A), L.P | Private Equity Fund | $146M | $1.0M | 13 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 2.52 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
- • Other fees
- • PORTFOLIO COMPANY MANAGEMENT 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 23, 2026.
View current Form ADV (SEC/IAPD) ↗