3 P Equity Partners, LLC (San Jose)

Name: 3 P Equity Partners, LLC
Address: 3031 Tisch Way, San Jose, CA, 95128 2529
Telephone: 408-983-0720

3 P Equity Partners, LLC is a large advisory firm based in San Jose. It manages $148.6 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

3 P Equity Partners provides portfolio management for investment partnerships (other than pooled investment vehicles). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

3 P Equity Partners: assets under management

The assets under management (AUM) of 3 P Equity Partners, LLC is $148.6 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -32% since the beginning of its operation, and $10.1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $148.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.53 million each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay 3 P Equity Partners, LLC for their services and products based on 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.

What kind of clients 3 P Equity Partners serves?

The only and largest group of clients of 3 P Equity Partners is pooled investment vehicles with 2 clients and $138.5 million of assets under management. Among the 9 most similar advisory firms, 3 P Equity Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $138.5 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

3 P Equity Partners also advises several private funds. Namely, two private equity funds.

Careers at 3 P Equity Partners, LLC

The company employs 4 people that are either part- or full-time employees. 75 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael A. Fishman	Principal	1 Sep 2012	25% - 50%	6962947
Leonid Nmn Perelman	Managing partner & cco	1 Sep 2012	75% - 100%	6978982
Leonid Perelman	Managing partner & cco	1 Sep 2012	75% - 100%	2654412
Valerie Yvette Pierrat	Chief compliance officer	1 Jan 2019	Other	2030023

Based in San Jose

The principal office where 3 P Equity Partners, LLC performs its advisory services is located at 3031 Tisch Way, San Jose, CA 95128 2529, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 408-983-0720. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at 3pequity.com and its LinkedIn profile.