Pennington Appreciation Fund, LP
Private Equity FundFund ID 805-4747871774Delaware, United States
Gross assets
$50.8M
Min. investment
$1M
Beneficial owners
27
Size rank
Top 55%
Audited
Yes
Structure
Standalone
About this fund
Pennington Appreciation Fund, LP is a private equity fund managed by Pennington Partners & Co., LLC. The fund reports $50.8 million in gross assets, placing it among the top 55% of private funds by size. The stated minimum investment is $1 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-4747871774 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Pennington Real Estate Partners Ozf, LP | Real Estate | $84.6M |
| Pennington Alternative Income Idf, LP | Private Equity | $84.4M |
| Pennington Alternative Income Access, LP | Hedge | $77.3M |
See all 9 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Pennington Appreciation Fund, LP?
Pennington Appreciation Fund, LP reports $50.8 million in gross assets, among the top 55% of private funds by size.
What is the minimum investment for Pennington Appreciation Fund, LP?
The stated minimum investment is $1 million.
Who manages Pennington Appreciation Fund, LP?
Pennington Appreciation Fund, LP is managed by Pennington Partners & Co., LLC.
Does Pennington Appreciation Fund, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
Bethesda, MD
Service providers
Reported gross assets
$50.8M▲ 44%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 55%
Larger than 45% of 67,041 private funds
Gross assets vs Private Equity FundsTop 52%
Larger than 48% of 31,066 private equity funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons3%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.