Pennington Private Access
Pennington Private Access (PPA) provides advantaged access to high quality private equity investments. We build curated portfolios of funds and direct investments within specialized niches of the private equity market to deliver exceptional risk-adjusted returns to Ultra High Net Worth (UHNW) individuals and their families.
Our relationships with talented fund sponsors and successful business owners allow PPA to source leading managers within the universe of small growth equity and buyout firms. We focus on specialized and / or thematic investment strategies that provide initial institutional capital to companies serving resilient end markets.
By targeting smaller and specialized managers, PPA gains exposure to the highest potential alpha opportunities within Private Equity, which can also be most difficult to navigate. By combining Pennington Partners' deep understanding of the needs of UHNW families with world-class investment talent, we've created a unique offering in the Family Office space.
Private Equity: A Proven Asset Class
Private Equity is an established asset class that has consistently outperformed public equity markets over long periods of time. While many factors support the advantages of Private Equity, the essential rationale is its long-term perspective which enables an optimal ownership model with the flexibility to operate and improve businesses in alignment with investors and management teams. This patient capital approach is executed from a relatively illiquid investment structure, however consistent commitments to Private Equity can create a highly cash generative and self-funding portfolio.
Why Pennington Private Access?
Designed for UHNW individuals and families, PPA provides our clients exclusive access to the growing Private Equity asset class and a team with deep, proven investment expertise to pinpoint the best opportunities. Several key trends and characteristics support the PPA thesis, including:
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Access to an Essential Asset Class
Private Equity is widely acknowledged to be an essential component within a professionally managed investment portfolio. Until recently, the benefits of Private Equity investments largely accrued to institutional tax-exempt investors, however the asset class is expanding its reach into the taxable world. This creates a burgeoning need for skilled guidance to UHNW families in what has become a highly complex market.
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Structurally Advantaged Model
Private Equity encourages a long-term mentality that promotes innovation and mitigates short-term distractions common in the public equity markets. Short-term volatility is lessened through quarterly valuations that smooth the ups and downs in comparison to erratic daily movements in public markets.
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Economic and Simple Fund Structure
Fund of funds are a well-tested, economic and simple method for investors to access Private Equity. A single vehicle holds several funds, direct investments and innovative Private Equity strategies, eliminating the need to manage multiple manager relationships.
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Targeted Alpha
PPA targets the most attractive segments of Private Equity, providing a curated approach to performance maximization. For UHNW investors seeking to initiate or add to Private Equity exposure, a concentrated focus on the most attractive strategies is one approach to seek outperformance vs a broader index-oriented strategy.
Is Pennington Private Access Right For You?
Pennington Private Access was primarily created for:
Ultra High Net Worth families (particularly founders who have recently sold their companies)
Independent Investment Advisory Firms (within the $1-5 billion range ideally)
Overseas families seeking access to private equity in the North American lower middle market
Select institutional investors
If you are interested in learning more about the platform, contact our Founder, Brian Gaister, to schedule a consultation and speak to him about investing in private equity.
“The power of Private Equity to generate premium investment returns is well established. Astute selection skill can add outperformance to an already attractive asset class.”