Asset manager · Chicago, IL
Permanent Capital Management, LP
SEC-registered investment adviser · CRD 328318 · SEC 801-128881
At a glance
Permanent Capital Management, LP is an SEC-registered investment adviser based in Chicago, Illinois, with $769 million in regulatory assets under management as of its Form ADV filed September 29, 2026. Its largest client group by assets is corporations or other businesses. By Form ADV it is a asset manager, ranked 1,486th of 3,218 asset managers and 6,233rd of 17,210 SEC-registered advisers by assets.
Main office 773-343-4697permanent-capital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $769M
- Rank among asset managers
- #1,486 of 3,218
- Rank among all SEC RIAs
- #6,233 of 17,210
- Rank in Illinois
- #294 of 684
- Clients
- 3
- Accounts
- 91
- Discretionary
- 78% of AUM
- Employees
- 10
- Advisory staff
- 1
- Offices
- 2
Owners and executives on its Form ADV
- Joseph W. ShentonManaging Partner
- Ivaldo BassoChief Operating Officer, Chief Financial Officer, and Chief Compliance Officer
- Meghan D. KoeppelPrincipal, Head of Private Investment Office Services
- Sharif A. SiddiquiChief Investment Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Corporations or other businesses | – | $525M | 68% |
| High-net-worth individuals | – | $134M | 17% |
| Insurance companies | – | $56M | 7% |
| Pooled investment vehicles | 3 | $48M | 6% |
| Charitable organizations | – | $5M | <1% |
Private funds
Permanent Capital Management, LP reports 3 private funds with $48M in gross assets: venture capital funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Permanent Capital Management, LP reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗permanent-capital.com ↗
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The full record on Permanent Capital Management, LP
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 2 years of filings
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- Growth over one, three and five years
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- Rank against 1,019 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Permanent Capital Management, LP manage?
Permanent Capital Management, LP reports $769 million in regulatory assets under management across 91 accounts, 78% of it on a discretionary basis, on its Form ADV filed September 29, 2026.
What kind of firm is Permanent Capital Management, LP?
Permanent Capital Management, LP is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Permanent Capital Management, LP’s clients?
By assets, its largest client types are corporations or other businesses ($525 million); high-net-worth individuals ($134 million); insurance companies ($56 million).
Does Permanent Capital Management, LP manage private funds?
Yes. It reports 3 private funds with $48 million in gross assets, including venture capital funds, other private funds.
Does Permanent Capital Management, LP have any disciplinary history?
Permanent Capital Management, LP reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Permanent Capital Management, LP’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-29), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →