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Permanent Equity II Parallel Fund, LP

Private Equity FundFund ID 805-4603421779Delaware, United States
Gross assets
$138M
Min. investment
$100K
Beneficial owners
2
Size rank
Top 38%
Audited
Yes
Structure
Standalone

About this fund

Permanent Equity II Parallel Fund, LP is a private equity fund managed by Permanent Equity Management, LLC. The fund reports $138 million in gross assets, placing it among the top 38% of private funds by size. The stated minimum investment is $100,000. 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 ID805-4603421779
Fund typePrivate Equity Fund
3(c)(1) exclusionYes
3(c)(7) exclusionNo
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Permanent Equity II, LPPrivate Equity$276.3M
Permanent Equity I, LPPrivate Equity$94.5M

Frequently asked questions

How large is Permanent Equity II Parallel Fund, LP?

Permanent Equity II Parallel Fund, LP reports $138 million in gross assets, among the top 38% of private funds by size.

What is the minimum investment for Permanent Equity II Parallel Fund, LP?

The stated minimum investment is $100,000.

Who manages Permanent Equity II Parallel Fund, LP?

Permanent Equity II Parallel Fund, LP is managed by Permanent Equity Management, LLC.

Does Permanent Equity II Parallel Fund, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Prime broker
None reported
Custodian
Administrator
Auditor

Reported gross assets

$138M▲ 10%
Mar '25 — $125.1MApr '25 — $125.4MMay '25 — $125.4MJun '25 — $125.4MJul '25 — $125.4MAug '25 — $125.4MSep '25 — $125.4MOct '25 — $125.4MNov '25 — $125.4MDec '25 — $125.4MJan '26 — $125.4MFeb '26 — $125.4MMar '26 — $138MApr '26 — $138MMay '26 — $138MJun '26 — $138M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 38%
Larger than 62% of 67,041 private funds
Gross assets vs Private Equity FundsTop 34%
Larger than 66% of 31,066 private equity funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.