Clients
Summit Partners serves 87 clients. The average client has about $483 million with the firm.
- Pooled investment vehicles87 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 87 | $42,008,600,050 | 100.0% | $482.9M |
| Total | 87 | $42,008,600,050 | 100% | $482.9M |
- Clients
- 87
- Regulatory AUM
- $42,008,600,050
- Share
- 100.0%
- Avg. per client
- $482.9M
Total
- Clients
- 87
- Regulatory AUM
- $42,008,600,050
- Share
- 100%
- Avg. per client
- $482.9M
What it does
Summit Partners provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Summit Partners advises 87 private funds.
100.0% of assets ($42.01B across 87 accounts) are managed with discretion. 28% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Summit Partners has custody of $42.01B for 87 clients.
- All other custodians$42.01B100%
Ownership and leadership
Peter Chung is CEO of Summit Partners.
- Owns 5% to 10% of Summit Partners, L.P.
Peter Chung
Control person · since August 1999
- Owns 5% to 10% of Summit Partners, L.P.
Scott Collins
Control person · since August 1999
- Owns 5% to 10% of Summit Partners, L.P.
John Carroll
Control person · since August 2017
- Owns 5% to 10% of Summit Partners, L.P.
Craig Frances
Control person · since August 2017
- Owns 5% to 10% of Summit Partners, L.P.
Christopher Dean
Control person · since December 2022
- Owns 5% to 10% of Summit Partners, L.P.
Darren Black
Control person · since December 2021
Martin Mannion
Board member of Summit Master Company, LLC · Control person · since February 2019
Leadership
- Peter ChungChief Executive Officer and Limited Partner
- Adam HennesseyChief Financial Officer & Limited Partner
- Erin WhiteChief Compliance Officer
- Darren BlackLimited Partner
- John CarrollLimited Partner
- Scott CollinsLimited Partner
- Christopher DeanLimited Partner
- Craig FrancesLimited Partner
Staff
- 218 employees
- 118 in advisory functions
Reported holdings
Summit Partners’ reported 13F holdings total $608.9M across 5 positions, and the ten largest make up 100.0% of it.
- $608.9M
- Reported 13F value
- 5
- Positions
- 100.0%
- In the 10 largest
- −9.1%
- Value vs. prior quarter
- Klaviyo Inc. · Com Ser A46.8%
- Lifestance Health Group Inc.41.0%
- A K A Brands Hldg Corp. · Com Shs10.6%
- A10 Networks Inc.1.2%
- Macom Tech Solutions Hldgs I0.4%
Together, the ten largest are 100.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $608.9M is not its $42.01B in regulatory assets and does not represent any individual client's portfolio.
Fees
Summit Partners is paid through a percentage of assets under management and performance-based fees.
Summit Partners’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Summit Partners has 3 offices, with 3 listed addresses across 3 states.
California · 1 listed address
- 200 Middlefield Road, Menlo Park
Massachusetts · 1 listed address
- 222 Berkeley Street, BostonHQ
New York · 1 listed address
- 920 Broadway, 10th Floor, New York
Registration details
- Legal name
- Summit Partners, L.P.
- Headquarters
- 222 Berkeley Street, Boston, MA 02116-3748
- Phone
- 617-824-1000
- Website
- www.summitpartners.com
- SEC file
- 801-64273
- 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 Summit Partners have?
Summit Partners has 87 clients and manages $42 billion for them, as of August 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 August 2026
What services does Summit Partners offer?
Summit Partners provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Summit Partners have?
Summit Partners has 0 investment adviser representatives registered with state securities authorities, out of 218 employees, and 118 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 Summit Partners?
Summit Partners’ direct owners are Peter Chung, Scott Collins, John Carroll, Craig Frances, Christopher Dean and Darren Black, each holding 10% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 20 August 2026
How does Summit Partners get paid?
Summit Partners is paid through a percentage of assets under management and performance-based fees. 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