The P10 Group is a publicly held investment adviser that advises $68.53Bn in regulatory assets under management held in 5 SEC fund types across 7 investment strategies. P10 Group is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 409.66% over the last 5-years.
The Group has been registered with the SEC for 32.13 years and is comprised of 8 filing and 7 relying advisers. They operate out of 12 office locations with their Headquarters at 2699 HOWELL STREET SUITE 1000, DALLAS, IL. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 253 employees comprised of 102 investment and 151 non-investment staff. The total number of Employees increased by 60.13% over the last 5-years.
Their $68.53Bn in assets advised are owned by 355 private funds, 3 public funds and BDCs and 1 other account. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $66.93Bn or 97.67% of Total Assets and Business Development Companies (BDC) own $1.16Bn or 1.7% of Total Assets.
The Group's top investment strategies include Fund of Funds, FI/Credit - Lending and Early Stage, representing 86.07%, 7.81% and 2.39% of total assets, respectively.
They advise 3 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Business Development Companies (BDC).
The Group uses 7 Fund Administrators, 9 Fund Auditors, 7 Prime Brokers, 13 Custodians and 32 Marketers. It does not report a third-party Fund Administrator in 59 private funds with $7.68Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
P10 Group names 2 sub-advisers HPS INVESTMENT PARTNERS, LLC, MCNALLY ADVISORS, LLC to 2 different funds advised by the group. The Group has been named as the sub-adviser to 5 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In P10 Group's case, they have 33 business conditions that require high process maturity and 2 Watch Factors.