# DFW CAPITAL MANAGEMENT, LLC

DFW CAPITAL MANAGEMENT, LLC of NEW YORK, NY is an SEC-registered investment adviser.

## Registration

- CRD: 157337
- Type: SEC-registered investment adviser
- SEC file number: 801-74370
- Location: 156 FIFTH AVENUE, SUITE 1100, NEW YORK, NY, 10010
- Phone: 201-836-6000
- Latest filing: 2026-03-23
- Regulatory AUM: $2.9B
- Discretionary AUM: $2.9B
- Clients: 25
- Accounts: 7

## Business model

- Compensation: % of AUM, Performance, Other
- Clients served: Investment cos

## Officers, owners & control persons (12)

| Name | Role | Location |
| --- | --- | --- |
| [Keith Walton Pennell](https://search.stillhousedata.com/person/684262) | MEMBER; PRESIDENT & TREASUER | — |
| [Brett Lawrence Prager](https://search.stillhousedata.com/person/684263) | MEMBER; VICE PRESIDENT | — |
| [Brian Christopher Tilley](https://search.stillhousedata.com/person/684264) | SECRETARY | — |
| [Cheri Elise Lieberman](https://search.stillhousedata.com/person/684265) | CHIEF COMPLIANCE OFFICER; CHIEF FINANCIAL OFFICER | — |
| [Douglas Hamlin Gilbert](https://search.stillhousedata.com/person/684266) | SECRETARY | — |
| [Lynette Dawn Ashby](https://search.stillhousedata.com/person/684267) | CHIEF COMPLIANCE OFFICER | — |
| [LIEBERMAN CHERI ELISE](https://search.stillhousedata.com/person/823583) | CHIEF COMPLIANCE OFFICER | — |
| [DEMUTH DONALD FRANKLIN](https://search.stillhousedata.com/person/830686) | CHAIRMAN & DIRECTOR | — |
| [PENNELL KEITH WALTON](https://search.stillhousedata.com/person/830687) | MEMBER; PRESIDENT & TREASUER | — |
| [PRAGER BRETT LAWRENCE](https://search.stillhousedata.com/person/830688) | MEMBER; VICE PRESIDENT; VICE PRESIDENT & SECRETARY | — |
| [TILLEY BRIAN CHRISTOPHER](https://search.stillhousedata.com/person/830689) | SECRETARY; VICE PRESIDENT & ASSISTANT SECRETARY; VICE PRESIDENT, ASSISTANT SECRETARY & CHIEF COMPLIANCE OFFICER | — |
| [GILBERT DOUGLAS HAMLIN](https://search.stillhousedata.com/person/851702) | SECRETARY | — |


## Private funds (7)

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| DFW CAPITAL PARTNERS VII, L.P. | Private Equity Fund | Delaware | 151 | $969.8M | $5.0M |
| DFW CAPITAL PARTNERS VI, L.P. | Private Equity Fund | Delaware | 90 | $590.8M | $1.0M |
| NARS RECAP INVESTORS, LLC | Private Equity Fund | Delaware | 20 | $478.3M | $1.0M |
| DFW CAPITAL PARTNERS V, L.P. | Private Equity Fund | Delaware | 85 | $335.0M | $1.0M |
| DFW CAPITAL PARTNERS VIII, L.P. | Private Equity Fund | Delaware | 29 | $228.9M | $5.0M |
| DFW CAPITAL PARTNERS IV CONTINUATION, L.P. | Private Equity Fund | Delaware | 66 | $212.3M | $500K |
| DFW VI CO-INVEST (A), L.P | Private Equity Fund | Delaware | 5 | $71.1M | $1.0M |


## Branch offices (10)

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| FAIR LAWN | NJ | 2 | 201-836-6000 |
| FAIR LAWN | NJ | 2 | 201-836-6000 |
| CHEVY CHASE | MD | 2 | 202-827-0744 |
| WESTPORT | CT | 2 | (201) 836-6000 |
| CHEVY CHASE | MD | 2 | 202-827-0744 |
| WESTPORT | CT | 2 | (201) 836-6000 |
| VERO BEACH | FL | 1 | 201-836-6000 |
| PARK CITY | UT | 1 | 201-836-6000 |
| PARK CITY | UT | 1 | 201-836-6000 |
| VERO BEACH | FL | 1 | 201-836-6000 |


## Fund service providers (2)

- administrator: BROADSCOPE FUND ADMINISTRATORS, LLC — 6 funds
- administrator: GEN II FUND SERVICES LLC

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/157337/brochure
- Similar advisers: https://search.stillhousedata.com/firm/157337/similar
- Related entities: https://search.stillhousedata.com/firm/157337/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/157337

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.