Permian Investment Partners, LP is a large advisory firm based in New York. It manages $1.85 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Texas and Utah.
Permian Investment Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Permian Investment Partners, LP is $1.85 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1031% since the beginning of its operation, and $1.59 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Permian Investment Partners, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Permian Investment Partners is pooled investment vehicles with 2 clients and $1.46 billion of assets under management. Among the 9 most similar advisory firms, Permian Investment Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.79 billion for 7 clients. 38% of the firm’s clients are foreign persons or businesses.
Permian Investment Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Permian Investment Partners, LP performs its advisory services is located at 295 Madison Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-257-6080 or by fax 212-257-6061. The normal business hours are 9-5pm on Monday - Friday. You can find more information about the New York firm at permianlp.com/.