PERMANENS CAPITAL L.P.
Adviser information for PERMANENS CAPITAL L.P. last updated from Form ADV on March 22nd, 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 Partnership |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 16 |
|---|---|
| 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 | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 37 | $2.6B |
| Non-Discretionary | 5 | $1.9B |
| Total | 42 | $4.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 21 | $2.2B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 11 | $9.1M |
| Pension and profit sharing plans | <5 | $267.2M |
| Charitable organizations | 5 | $154.2M |
| 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 | <5 | $1.9B |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 4 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)FAMILY OFFICE SERVICES |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Principal Office
18 N. ADGERS WHARFCHARLESTON
SC
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 843 882 7950, Fax: None
Chief Compliance Officer
MICHAEL MCCAFFERY
CHIEF OPERATING OFFICER
410 PARK AVENUE
SUITE 430
NEW YORK
NY
United States
Tel:
212-993-7440
M********@**********M
(Full email address available in API data)
Regulatory Contact
JOHN REGAN
CHIEF INVESTMENT OFFICER
18 N. ADGERS WHARF
CHARLESTON
SC
United States
Tel:
212-993-7446
J*@**********M
(Full email address available in API data)
Industry Affiliates
| PERMANENS ASSOCIATES II LLC | Sponsor, GP, manager of pooled investment vehicles |
| PERMANENS ASSOCIATES LLC | Sponsor, GP, manager of pooled investment vehicles |
| PERMANENS CAPITAL ADVISORS LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| PERMANENS 2022 DISLOCATION FUND, L.P. | Private Equity Fund | $28.5M | $0.1M | 4 |
| PERMANENS ALTERNATIVES MASTER FUND LP | Hedge Fund | $208.0M | $1.0M | 1 |
| PERMANENS CAPITAL DEFENSIVE INCOME FUND, L.P. | LONG ONLY | $63.1M | $0.1M | 16 |
| PERMANENS CAPITAL EQUITIES FUND, L.P. | LONG ONLY | $163.0M | $0.5M | 8 |
| PERMANENS CAPITAL FLOATING RATE FUND LP | LONG ONLY | $88.4M | $0.0M | 9 |
| PERMANENS CAPITAL PHYSICAL PRECIOUS METALS FUND L.P. | LONG ONLY | $157.0M | $0.5M | 23 |
| PERMANENS CAPITAL SHORT DURATION HIGH YIELD FUND, L.P. | LONG ONLY | $93.8M | $0.3M | 10 |
| PERMANENS NON-AGENCY RMBS ALLOCATION FUND LP | Private Equity Fund | $232.9M | $0.0M | 9 |
| PERMANENS PARTNERS FUND, L.P. | Private Equity Fund | $92.4M | $0.5M | 31 |
| PERMCAP MEETUP ACQUISITION LLC | SINGLE PRIVATE ASSET FUND | $11.3M | $0.0M | 6 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| STEINBERG, JOSEPH, SAUL | Individual | – | PASSIVE LIMITED PARTNER | 05/2011 | 25-50% |
| REGAN, JOHN, JAMES | Individual | – | CHIEF INVESTMENT OFFICER AND GENERAL PARTNER | 05/2011 | 50-75% |
| MCCAFFERY, MICHAEL, PATRICK | Individual | – | CHIEF COMPLIANCE OFFICER AND CHIEF OPERATING OFFICER | 11/2021 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| APPLE INC | COM | 7M | 31K | – |
| ARCHER AVIATION INC | *W EXP 09/16/202 | 8K | 21K | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 6M | 14K | – |
| CAMECO CORP | COM | 10M | 211K | – |
| DISNEY WALT CO | COM | 5M | 51K | – |
| Georgia PWR Co JR Sub NT Ser 2017a PFD QTLY CPN CLB @25 MTY 77 | Preferred Stock | 290K | 11K | – |
| ISHARES GOLD TR | ISHARES NEW | 26M | 593K | – |
| ISHARES TR | MSCI USA ESG SLC | 6M | 56K | – |
| ISHARES INC | MSCI EMRG CHN | 100M | 2M | – |
| ISHARES INC | MSCI JPN ETF NEW | 83M | 1M | – |
| ISHARES TR | CUR HD EURZN ETF | 44M | 1M | – |
| JPMORGAN CHASE & CO. | COM | 6M | 30K | – |
| J P MORGAN EXCHANGE TRADED F | BETABULDRS JAPAN | 6M | 109K | – |
| MARRIOTT INTL INC NEW | CL A | 5M | 23K | – |
| MICROSOFT CORP | COM | 6M | 14K | – |
| NIKE INC | CL B | 4M | 55K | – |
| SPDR S&P 500 ETF TR | TR UNIT | 2M | 4K | – |
| SPDR SER TR | PRTFLO S&P500 GW | 457K | 6K | – |
| SPDR SER TR | PRTFLO S&P500 VL | 1M | 21K | – |
| SCHWAB CHARLES CORP | COM | 6M | 84K | – |
| 2023 ETF SERIES TRUST | EAGLE CAPITAL SE | 3M | 118K | – |
| ULTA BEAUTY INC | COM | 5M | 12K | – |
| VANGUARD INDEX FDS | GROWTH ETF | 151M | 403K | – |
| VANGUARD INDEX FDS | VALUE ETF | 364M | 2M | – |
| WALMART INC | COM | 6M | 93K | – |
| WISDOMTREE TR | JAPN HEDGE EQT | 83M | 738K | – |
| WISDOMTREE TR | EUROPE HEDGED EQ | 43M | 958K | – |