The PERMANENS CAPITAL L.P. is a privately held investment adviser that advises $4.25Bn in regulatory assets under management held in 3 SEC fund types across 1 investment strategies. PERMANENS CAPITAL L.P. is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 23.56% over the last 5-years.
The Group has been registered with the SEC for 15.14 years and is comprised of 1 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 10 GILLON STREET, CHARLESTON, SOUTH CAROLINA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 17 employees comprised of 6 investment and 11 non-investment staff. The total number of Employees increased by 13.33% over the last 5-years.
Their $4.25Bn in assets advised are owned by 11 private funds, 0 public funds and BDCs and 11 other accounts. Assets of High Net Worth Individuals clients own $2.89Bn or 67.94% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $708.36mn or 16.66% of Total Assets.
The Group's top investment strategies include Fund of Funds, representing 100% of total assets, respectively.
They advise 4 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 3 Fund Auditors, 4 Prime Brokers, 6 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $67.72K in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
PERMANENS CAPITAL L.P. names 3 sub-advisers BLACKROCK FINANCIAL MANAGEMENT, INC, OLD FARM PARTNERS LP, VOYA INVESTMENT MANAGEMENT CO. LLC to 4 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.