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PCP Managers

SEC-registered adviser since 2012San Francisco, CACRD 157398

14
Clients
36
Advisory staff

From Form ADV filed 30 March 2026 · data retrieved 15 October 2026SEC record

PCP Managers is an investment adviser headquartered in San Francisco, California, and registered with the SEC since 2012. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles and portfolio management for institutions. Fee arrangements include a percentage of assets under management, performance-based fees and other arrangements. David Ament owns 25% to 50% of PCP Managers.

Clients

PCP Managers serves 14 clients. The average client has about $954 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles14 clients100%
Show client breakdown
Pooled investment vehicles
Clients
14
Regulatory AUM
$13,353,835,498
Share
100.0%
Avg. per client
$953.8M

Total

Clients
14
Regulatory AUM
$13,353,835,498
Share
100%
Avg. per client
$953.8M

What it does

PCP Managers provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, performance-based fees and other arrangements.

PCP Managers advises 14 private funds.

100.0% of assets ($13.35B across 14 accounts) are managed with discretion. 0% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.

Custodians

PCP Managers has custody of $31.3M for 2 clients.

Managed account assets by custodian
  • All other custodians$13.35B100%

Ownership and leadership

David Ament owns 25% to 50% of PCP Managers.

Who owns the firm
PCP Managers, L.P.· the adviser
  • David Ament

    Control person · since December 2015

    Owns 25% to 50% of PCP Managers, L.P.
  • Brian Golson

    Control person · since December 2015

    Owns 25% to 50% of PCP Managers, L.P.
  • William Kessinger

    Control person · since December 2015

    Owns 10% to 25% of PCP Managers, L.P.
  • Andrew Dodson

    Control person · since April 2016

    Owns 10% to 25% of PCP Managers, L.P.

Leadership

  • Joseph Taveira
    Chief Financial Officer
  • Paulo George Marnoto
    General Counsel, Chief Compliance Officer
  • David Ament
    Managing Partner and Limited Partner
  • Andrew Dodson
    Managing Partner and Limited Partner
  • Brian Golson
    Managing Partner and Limited Partner
  • William Kessinger
    Chief Investment Officer and Limited Partner

Staff

  • 40 employees
  • 36 in advisory functions

Fees

PCP Managers is paid through a percentage of assets under management, performance-based fees and other.

PCP Managers’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, PCP Managers has 2 offices, with 3 listed addresses across 3 states.

Listed office addresses by state

California · 1 listed address

  • 600 Montgomery Street, 8th Floor, San FranciscoHQ

Other business names

PCP Managers has reported 1 other business name to the SEC.

  • Parthenon Capital

Registration details

Legal name
PCP Managers, L.P.
Headquarters
600 Montgomery Street, 8th Floor, San Francisco, CA 94111
Website
Not reported
SEC file
801-74177
Structure
Delaware limited partnership
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does PCP Managers have?

PCP Managers has 14 clients and manages $13.4 billion for them, as of March 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026

What services does PCP Managers offer?

PCP Managers provides portfolio management for pooled vehicles and portfolio management for institutions.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does PCP Managers have?

PCP Managers has 0 investment adviser representatives registered with state securities authorities, out of 40 employees, and 36 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

Who owns PCP Managers?

PCP Managers’ direct owners are David Ament, Brian Golson, William Kessinger and Andrew Dodson, each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026

How does PCP Managers get paid?

PCP Managers is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 30 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 157398.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with PCP Managers, L.P. and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.