Princeton Equity Advisors, Lp
- Regulatory AUM
- $1.7B
- Discretionary
- $1.7B
- Clients
- 8
- Avg AUM / client
- $215M
- Accounts
- 8
- Employees
- 25
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 8 | $1.7B | 100.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $722M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Princeton Equity Partners I, Lp | Private Equity Fund | Delaware | $371M | 44 |
| Pirtek Pep Co Invest I, Lp | Private Equity Fund | Delaware | $115M | 23 |
| Princeton Equity Partners I A, Lp | Private Equity Fund | Delaware | $109M | 5 |
| Princeton Equity Partners Ii, Lp | Private Equity Fund | Delaware | $68.8M | 47 |
| Princeton Equity Partners Ii A, Lp | Private Equity Fund | Delaware | $34.3M | 17 |
| Sz Pep Co Invest, Lp | Private Equity Fund | Delaware | $23.9M | 3 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Employees' Retirement Plan Of Duke University Duke University | 2024 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kennealey, Douglas, Liam | Managing Partner & Limited Partner | Mar 2020 (6y) | ≈ 0% – 3.75% via Princeton Equity Group, Llc | |
| Waskovich Jr., James, Nmn | Managing Partner & Limited Partner | Mar 2020 (6y) | ≈ 0% – 3.75% via Princeton Equity Group, Llc | |
| Cade, Austin, Thomas | Chief Financial Officer & Chief Compliance Officer | Oct 2021 (5y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Princeton Equity Group, Llc | General Partner | Mar 2020 | A | Less than 5% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Kennealey, Douglas, Liam: 50% – 75% of Princeton Equity Group, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Waskovich Jr., James, Nmn: 50% – 75% of Princeton Equity Group, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
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 (6, $722M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Princeton Equity Partners I, Lp | Private Equity Fund | $371M | $0 | 44 |
| Pirtek Pep Co Invest I, Lp | Private Equity Fund | $115M | $0 | 23 |
| Princeton Equity Partners I A, Lp | Private Equity Fund | $109M | $0 | 5 |
| Princeton Equity Partners Ii, Lp | Private Equity Fund | $68.8M | $0 | 47 |
| Princeton Equity Partners Ii A, Lp | Private Equity Fund | $34.3M | $0 | 17 |
| Sz Pep Co Invest, Lp | Private Equity Fund | $23.9M | $0 | 3 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Employees' Retirement Plan Of Duke University | Duke University | 23,682 | $2.8B | 07/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 2.85 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 pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗