Permanens Capital L.P.
- Regulatory AUM
- $4.0B
- Discretionary
- $1.8B
- Clients
- 65
- Avg AUM / client
- $61.8M
- Accounts
- 65
- Employees
- 17
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 39 | $2.9B | 71.9% |
| Pooled investment vehicles (non-investment companies) | 11 | $27.6M | 0.69% |
| Pension and profit sharing plans | 2 | $22.4M | 0.56% |
| Charitable organizations | 9 | $633M | 15.7% |
| Other | 4 | $445M | 11.1% |
Private funds (10)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Permanens Non Agency Rmbs Allocation Fund Lp | Private Equity Fund | Delaware | $233M | 9 |
| Permanens Alternatives Master Fund Lp master | Hedge Fund | Cayman Islands | $208M | 1 |
| Permanens Capital Equities Fund, L.P. | Other Private Fund | Delaware | $163M | 8 |
| Permanens Capital Physical Precious Metals Fund L.P. | Other Private Fund | Delaware | $157M | 23 |
| Permanens Capital Short Duration High Yield Fund, L.P. | Other Private Fund | Delaware | $93.8M | 10 |
| Permanens Partners Fund, L.P. | Private Equity Fund | Delaware | $92.4M | 31 |
| Permanens Capital Floating Rate Fund Lp | Other Private Fund | Delaware | $88.4M | 9 |
| Permanens Capital Defensive Income Fund, L.P. | Other Private Fund | Delaware | $63.1M | 16 |
| Permanens 2022 Dislocation Fund, L.P. | Private Equity Fund | Delaware | $28.5M | 4 |
| Permcap Meetup Acquisition Llc | Other Private Fund | Delaware | $11.3M | 6 |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| John James Regan | Chief Investment Officer And General Partner | May 2011 (15y) | 50% – 75% | |
| Steinberg, Joseph, Saul | Passive Limited Partner | May 2011 (15y) | 25% – 50% | |
| Mccaffery, Michael, Patrick | Chief Compliance Officer And Chief Operating Officer | Nov 2021 (5y) | Less than 5% | |
| Alexander Robert Goldfarb | Registered representative | Sep 2021 (5y) | ||
| Connor Carew | Registered representative | Sep 2021 (5y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (10, $1.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Permanens Non Agency Rmbs Allocation Fund Lp | Private Equity Fund | $233M | $0 | 9 |
| Permanens Alternatives Master Fund Lp | Hedge Fund | $208M | $1.0M | 1 |
| Permanens Capital Equities Fund, L.P. | Other Private Fund | $163M | $500K | 8 |
| Permanens Capital Physical Precious Metals Fund L.P. | Other Private Fund | $157M | $500K | 23 |
| Permanens Capital Short Duration High Yield Fund, L.P. | Other Private Fund | $93.8M | $250K | 10 |
| Permanens Partners Fund, L.P. | Private Equity Fund | $92.4M | $500K | 31 |
| Permanens Capital Floating Rate Fund Lp | Other Private Fund | $88.4M | $0 | 9 |
| Permanens Capital Defensive Income Fund, L.P. | Other Private Fund | $63.1M | $50.0K | 16 |
| Permanens 2022 Dislocation Fund, L.P. | Private Equity Fund | $28.5M | $50.0K | 4 |
| Permcap Meetup Acquisition Llc | Other Private Fund | $11.3M | $0 | 6 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.34 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SETTLEMENT ORDER ALLEGED THAT THE ADVISOR TRANSACTED BUSINESS IN VIRGINIA AS AN INVESTMENT ADVISOR WITHOUT REGISTERING WITH THE VIRGINIA STATE CORPORATION COMMISSION'S ("COMMISSION"). THE DIVISION FURTHER ALLEGED THAT FROM OCTOBER 2018 THROUGH MARCH 2020 THE ADVISOR EMPLOYED AN INDIVIDUAL AS AN INVESTMENT ADVISOR REPRESENTATIVE IN VIRGINIA WHO WAS NOT REGISTERED WITH THE DIVISION. Status: Final Sanction Detail: THE REGISTRANT WILL PAY TO THE TREASURER OF VIRGINIA $7000 IN MONETARY PENALTIES; THE REGISTRANT WILL PAY THE TREASURER OF VIRGINIA $1000 TO DEFRAY THE COSTS OF INVESTIGATING THIS MATTER; AND THE REGISTRANT WILL NOT VIOLATE THE ACT IN THE FUTURE. Summary: THE ADVISOR ENTERED INTO A SETTLEMENT ORDER WITH THE COMMONWEALTH OF VIRGINIA, STATE CORPORATION COMMISSION, IN OR AROUND NOVEMBER 2022 (THE "SETTLEMENT ORDER"). THE SETTLEMENT ORDER ALLEGED THAT THE ADVISOR TRANSACTED BUSINESS IN VIRGINIA AS AN INVESTMENT ADVISOR WITHOUT REGISTERING WITH THE VIRGINIA STATE CORPORATION COMMISSION'S ("COMMISSION") DIVISION OF SECURITIES AND RETAIL FRANCHISING ("DIVISION") AND FILING SUCH DOCUMENTS AND PAYING SUCH FEES AS REQUIRED BY THE COMMISSION (DESPITE THE ADVISOR BEING REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION AS AN INVESTMENT ADVISER). THE DIVISION FURTHER ALLEGED THAT FROM OCTOBER 2018 THROUGH MARCH 2020 THE ADVISOR EMPLOYED AN INDIVIDUAL AS AN INVESTMENT ADVISOR REPRESENTATIVE IN VIRGINIA WHO WAS NOT REGISTERED WITH THE DIVISION. THE ADVISOR NEITHER ADMITTED NOR DENIED THE ALLEGATIONS MADE IN THE SETTLEMENT ORDER, BUT AGREED TO PAY THE TREASURER OF VIRGINIA $7,000 IN MONETARY PENALTIES AND $1,000 TO DEFRAY THE COSTS OF INVESTIGATION.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $918M (23% of AUM) Mar 2026
- Pershing $538M (13% of AUM) Mar 2026
- BNY Mellon $424M (10% of AUM) Jul 2023
- J.P. Morgan $265M (6% of AUM) Jul 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗