PLEASANT LAKE PARTNERS LLC
Adviser information for PLEASANT LAKE PARTNERS LLC last updated from Form ADV on March 28th, 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 | Puerto Rico, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 5 | $1.3B |
| Non-Discretionary | 0 | $0 |
| Total | 5 | $1.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 5 | $1.3B |
| 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 | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Principal Office
100 CARR 115 UNIT 1900RINCON
PR
United States
Monday - Friday, 9AM TO 5PM
Tel: 804-363-4458, Fax: None
Websites
Chief Compliance Officer
BENJAMIN CABLE
CHIEF OPERATING OFFICER
100 CARR 115 UNIT 1900
RINCON
PR
United States
Tel:
804-363-4458
B**@***********M
(Full email address available in API data)
Industry Affiliates
| PLEASANT LAKE ONSHORE GP LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PLP DRAWDOWN GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| CASSINI PARTNERS, L.P. - PLEASANT LAKE PARTNERS, LLC SERIES | Hedge Fund | $12.5M | $25.0M | 2 |
| PLEASANT LAKE ONSHORE FEEDER FUND LP | Hedge Fund | $1,223.0M | $2.5M | 104 |
| PLP DRAWDOWN, LP | Hedge Fund | $21.7M | $2.5M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LENNON, JONATHAN, PATRICK | Individual | – | CEO & PORTFOLIO MANAGER | 08/2012 | < 5% |
| CABLE, BENJAMIN, CHARLES | Individual | – | CHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER | 01/2022 | < 5% |
| LENNON, JONATHAN, PATRICK | Individual | FUND 1 INVESTMENTS, LLC | MANAGING MEMBER | 12/2022 | > 75% |
| FUND 1 INVESTMENTS, LLC | Domestic Entity | – | MANAGING MEMBER OF PLEASANT LAKE PARTNERS, LLC | 12/2022 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed May 15th, 2017 for period ending March 31st, 2017
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| COMSCORE, INC. | CMN | 261 | 12K | Lennon Jonathan |
| DEL TACO RESTAURANTS INC | CMN | 2K | 145K | Lennon Jonathan |
| WTS/HEMISPHERE MEDIA GROUP, INC. | 12.5000 EXP04/06/2018 | 17 | 41K | Lennon Jonathan |
| HEMISPHERE MEDIA GROUP, INC. | CMN CLASS A | 6K | 482K | Lennon Jonathan |
| LENDINGCLUB CORPORATION | CMN | 42 | 8K | Lennon Jonathan |