Summit Partners Public Asset Management, Llc
- Regulatory AUM
- $4.6B
- Discretionary
- $4.6B
- Clients
- 13
- Avg AUM / client
- $355M
- Accounts
- 14
- Employees
- 22
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $163M | 3.54% |
| Pooled investment vehicles (non-investment companies) | 12 | $3.7B | 81.1% |
| State or municipal government entities | Fewer than 5 clients | $708M | 15.3% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.7B combined gross assets
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chung, Peter, Y | Board Member | Nov 2011 (15y) | 5% – 10% | |
| Collins, Scott, Charles | Board Member | Apr 2015 (11y) | 5% – 10% | |
| Carroll, John, Robert | Board Member | Aug 2017 (9y) | GP / trustee / elected manager of Summit Master Company, Llc (indirect) | |
| Frances, Craig, David | Board Member | Aug 2017 (9y) | GP / trustee / elected manager of Summit Master Company, Llc (indirect) | |
| Jennings, Thomas, Hungerford | Board Member | Aug 2017 (9y) | GP / trustee / elected manager of Summit Master Company, Llc (indirect) | |
| Hennessey, Adam, Hugh | Chief Financial Officer & Limited Partner | Jul 2018 (8y) | Less than 5% | |
| Black, Darren, Michael | Board Member | Feb 2019 (8y) | GP / trustee / elected manager of Summit Master Company, Llc (indirect) | |
| Mannion, Martin, Joseph | Board Member | Feb 2019 (8y) | GP / trustee / elected manager of Summit Master Company, Llc (indirect) | |
| White, Erin, Helen | Chief Compliance Officer | Jul 2019 (7y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Summit Partners, L.P. | Managing Member | Feb 2015 | A | 75% or more |
| Summit Master Company, Llc | General Partner | Aug 1999 | B | GP / trustee / elected manager of Summit Partners, L.P. (indirect) |
Undisclosed: 0% – 15% 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 (12, $2.7B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Summit Partners Sustainable Opportunities L/S Qp Fund, L.P. | Hedge Fund | $897M | $1.0M | 838 |
| Summit Partners Sustainable Opportunities L/S Fund Limited | Hedge Fund | $786M | $1.0M | 286 |
| Summit Partners Concentrated Growth L/S Master Fund, L.P. | Hedge Fund | $431M | $1.0M | 4 |
| Summit Partners Concentrated Growth L/S Qp Fund, L.P. | Hedge Fund | $218M | $1.0M | 177 |
| Summit Partners Technology L/S Master Fund, L.P. | Hedge Fund | $202M | $1.0M | 3 |
| Summit Partners Technology L/S Qp Fund, L.P. | Hedge Fund | $109M | $1.0M | 18 |
| Summit Partners Sustainable Opportunities L/S Fund, L.P. | Hedge Fund | $33.8M | $1.0M | 8 |
| Summit Partners Cg K2 Qp Fund, L.P. | Hedge Fund | $20.8M | $1.0M | 4 |
| Summit Partners Concentrated Growth L/S Fund Limited | Hedge Fund | $13.6M | $1.0M | 4 |
| Summit Partners Concentrated Growth L/S Qp Fund Limited | Hedge Fund | $11.7M | $1.0M | 44 |
| Summit Partners Cg Olympus Qp Fund, L.P. | Hedge Fund | $5.5M | $1.0M | 2 |
| Summit Partners Technology L/S Fund Limited | Hedge Fund | $4.2M | $1.0M | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 3.79 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Bofa Securities, Inc. $365M (8% of AUM) Mar 2026
- Morgan Stanley $338M (7% of AUM) Mar 2026
- Merrill Lynch $155M (6% of AUM) Mar 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 27, 2026.
View current Form ADV (SEC/IAPD) ↗