PENNINGTON PARTNERS & CO., LLC
Adviser information for PENNINGTON PARTNERS & CO., LLC last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 19 |
|---|---|
| Investment Advisory/Research | 8 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 404 | $1.4B |
| Non-Discretionary | 33 | $1.6B |
| Total | 437 | $3.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 58 | $2.7B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 9 | $303.9M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesPerformance-based fees |
| Other Business Activities | Insurance broker or agent |
Identifiers
| SEC RIA File Number | 801-107210 |
|---|---|
| SEC ERA File Number | 801-107210 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 282688 |
| Legal Entity Identifier | None |
Principal Office
7920 NORFOLK AVENUESUITE 1150
BETHESDA
MD
United States
Monday - Friday, 9:00 AM 5: 00 PM
Tel: 202-370-6435, Fax: 202-654-5830
Chief Compliance Officer
GUY SCOTT
7920 NORFOLK AVENUE
SUITE 1150
BETHESDA
MD
United States
Tel:
202-370-6435
Fax:
202-654-5830
G********@*****************M
(Full email address available in API data)
Regulatory Contact
BRIAN GAISTER
MANAGING MEMBER
7920 NORFOLK AVENUE
SUITE 1150
BETHESDA
MD
United States
Tel:
202-370-6937
B************@*****************M
(Full email address available in API data)
Industry Affiliates
| NSL, LLC | Accountant or accounting firm |
| PENNINGTON ALTERNATIVE INCOME FUND GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| PENNINGTON ALTERNATIVE INCOME IDF GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| PENNINGTON APPRECIATION FUND GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| PENNINGTON GM, LLC | Sponsor, GP, manager of pooled investment vehicles |
| PTM PARTNERS FUND MANAGER, LLC | Sponsor, GP, manager of pooled investment vehicles |
| PTM PARTNERS OZF I GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SAAS VENTURES FUND II GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SAAS VENTURES GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SAAS VENTURES, LLC | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ATOMIZER LXIV, A SERIES OF ATOMIZER LLC | SPECIAL PURPOSE VEHICLE | $4.4M | $0.0M | 33 |
| PENNINGTON ALTERNATIVE INCOME FUND, LP | Hedge Fund | $21.9M | $0.1M | 24 |
| PENNINGTON ALTERNATIVE INCOME IDF, LP | Private Equity Fund | $78.1M | $1.0M | 1 |
| PENNINGTON APPRECIATION FUND, LP | Private Equity Fund | $27.1M | $1.0M | 27 |
| PENNINGTON LIQUIDITY FUND, LP | Liquidity Fund | $1.3M | $1.0M | 11 |
| PENNINGTON PRIVATE ACCESS, LP | Private Equity Fund | $4.2M | $0.1M | 17 |
| PENNINGTON REAL ESTATE PARTNERS OZF, LP | Real Estate Fund | $56.3M | $1.0M | 5 |
| PTM PARTNERS OPPORTUNITY ZONE FUND I, LP | Real Estate Fund | $100.4M | $1.0M | 88 |
| PTM PARTNERS OPPORTUNITY ZONE FUND III, LP | Private Equity Fund | $8.1M | $0.0M | 35 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| GAISTER, BRIAN, RICHARD | Individual | – | CHIEF EXECUTIVE OFFICER / MANAGING MEMBER | 01/2016 | 50-75% |
| MACKLIN, RODD, JEFFREY | Individual | – | MEMBER | 02/2016 | 10-25% |
| SCOTT, GUY, ANTHONY | Individual | – | CHIEF COMPLIANCE OFFICER | 04/2020 | < 5% |
| GF ANGEL, LLC | Domestic Entity | – | MEMBER | 01/2016 | < 5% |
| GAISTER, BRIAN, RICHARD | Individual | GF ANGEL, LLC | MEMBER | 01/2016 | 25-50% |
| ROSE, SAMUEL, GARY | Individual | – | MEMBER | 10/2018 | < 5% |