Hedge Fund Database

PERMIT CAPITAL, LLC

Adviser information for PERMIT CAPITAL, 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 Delaware, United States

Employees

Total Number of Employees 6
Investment Advisory/Research 4
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 6 $545.6M
Non-Discretionary 0 $0
Total 6 $545.6M

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 6 $545.6M
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 vehiclesSelection of other advisers (including private fund managers)
Compensation % of AUMPerformance-based fees

Identifiers

SEC RIA File Number 801-65996
SEC ERA File Number 801-65996
SEC CIK Numbers 1313978
SEC CRD Numbers 138436
Legal Entity Identifier None

Principal Office

100 FRONT STREET
STE 900
WEST CONSHOHOCKEN
PA
United States
Monday - Friday, 9AM TO 5PM
Tel: 610-941-5000, Fax: 610-941-5009

Websites

www.permitcap.com

Chief Compliance Officer

BRIAN DILLON
100 FRONT STREET
SUITE 900
WEST CONSHOHOCKEN
PA
United States
Tel: 484-557-2655
Fax: 610-941-5009
(Full email address available in API data)

Regulatory Contact

JIM BAROSSI
VICE PRESIDENT & CHIEF OPERATING OFFICER
100 FRONT STREET
SUITE 900
WEST CONSHOHOCKEN
PA
United States
Tel: 610-941-5038
Fax: 610-941-5009
(Full email address available in API data)

Industry Affiliates

PERMIT CAPITAL GP, L.P. Sponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
PERMIT CAPITAL ENTERPRISE FUND, L.P. Hedge Fund $155.4M $0.5M 24
PERMIT CAPITAL FUND, L.P. Hedge Fund $160.7M $2.0M 55
PERMIT CAPITAL INTERNATIONAL FUND, L.P. Hedge Fund $81.0M $0.5M 46
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES A Private Equity Fund $1.2M $0.1M 4
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES C Real Estate Fund $0.0M $0.1M 4
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES D Private Equity Fund $0.0M $0.1M 5
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES G Private Equity Fund $0.1M $0.1M 9
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES H Private Equity Fund $1.0M $0.1M 3
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES I Private Equity Fund $0.5M $0.1M 5
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES J1 Private Equity Fund $0.3M $0.5M 7
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES J2 Private Equity Fund $0.4M $0.5M 2
PERMIT CAPITAL PRIVATE EQUITY FUND, L.P. - SERIES J3 Private Equity Fund $0.1M $0.5M 3
PERMIT CAPITAL TELECOM, L.P. Hedge Fund $144.9M $0.1M 19

Control Persons

Name Type Entity Title Since Ownership
WORLEY, RICHARD, BROWN Individual – PARTNER 07/2002 25-50%
BRODERICK, JOHN, CHARLES Individual – PARTNER 06/2005 25-50%
BAROSSI, JAMES, THOMAS Individual – VICE PRESIDENT AND CHIEF OPERATING OFFICER 07/2014 < 5%
RITTER, CAROLINE, JUNE Individual – PARTNER 09/2022 10-25%
DILLON, BRIAN, CHRISTOPHER Individual – CHIEF COMPLIANCE OFFICER 03/2023 < 5%

No. Employees, Historic

10502020202120222023202420254 on 3/30/20203 on 3/31/20213 on 3/31/20223 on 8/24/20223 on 10/6/20223 on 10/6/20223 on 3/31/20236 on 3/28/2024

RAUM, Historic

700M350M0202020212022202320242025506003844 on 3/30/2020537073084 on 3/31/2021685546031 on 3/31/2022685546031 on 8/24/2022685546031 on 10/6/2022685546031 on 10/6/2022527539989 on 3/31/2023545640270 on 3/28/2024

No. Clients, Historic

10502020202120222023202420256 on 3/30/20206 on 3/31/20216 on 3/31/20226 on 8/24/20226 on 10/6/20226 on 10/6/20226 on 3/31/20236 on 3/28/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
PITNEY BOWES INC COM 15M 3M Permit Capital GP, L.P.
EXPEDIA GROUP INC COM NEW 12M 94K –
MGIC INVT CORP WIS COM 8M 391K Permit Capital GP, L.P.
SIGNET JEWELERS LTD SHS 7M 81K Permit Capital GP, L.P.
CVS HEALTH CORP COM 7M 126K Permit Capital GP, L.P.
WESTERN DIGITAL CORP. COM 9M 113K Permit Capital GP, L.P.
RANGE RES CORP COM 8M 229K Permit Capital GP, L.P.
QURATE RETAIL INC COM SER A 5M 8M Permit Capital GP, L.P.
PAYPAL HLDGS INC COM 8M 130K Permit Capital GP, L.P.
ALPHABET INC CAP STK CL C 11M 59K Permit Capital GP, L.P.
INTERDIGITAL INC COM 8M 71K Permit Capital GP, L.P.
PARAMOUNT GLOBAL CLASS B COM 6M 558K Permit Capital GP, L.P.
ECHOSTAR CORP CL A 2M 105K Permit Capital GP, L.P.
NETFLIX INC COM 672K 996 Permit Capital GP, L.P.
BROWN FORMAN CORP CL A 127K 3K Permit Capital GP, L.P.
BROWN FORMAN CORP CL B 10K 235 Permit Capital GP, L.P.
PHILIP MORRIS INTL INC COM 636K 6K Permit Capital GP, L.P.
BERKSHIRE HATHAWAY INC DEL CL B NEW 742K 2K Permit Capital GP, L.P.
BERKSHIRE HATHAWAY INC DEL CL A 1M 2 Permit Capital GP, L.P.
JPMORGAN CHASE & CO. COM 395K 2K Permit Capital GP, L.P.
MASTERCARD INCORPORATED CL A 1M 2K Permit Capital GP, L.P.
VISA INC COM CL A 705K 3K Permit Capital GP, L.P.
UBER TECHNOLOGIES INC COM 244K 3K Permit Capital GP, L.P.
FRONTDOOR INC COM 8M 228K Permit Capital GP, L.P.
GEN DIGITAL INC COM 8M 325K Permit Capital GP, L.P.
MATCH GROUP INC NEW COM 7M 245K Permit Capital GP, L.P.
DOORDASH INC CL A 107K 980 Permit Capital GP, L.P.
SBA COMMUNICATIONS CORP NEW CL A 116M 604K Permit Capital GP, L.P.
HP INC COM 8M 219K Permit Capital GP, L.P.
META PLATFORMS INC CL A 9M 17K Permit Capital GP, L.P.