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P••••• B•• M••••••••• L••: registered adviser on the ria / wealth management graph | DFX Data Factory

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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

P••••• B•• M••••••••• L••

CRD 322858

LOS ANGELES, CA

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Search this name across graphsid dfx:ria:7587e390-62f8-cba1-0f92-74cbe4288943

Data as of Mar 23, 2026 (this record's last observation) from federal regulator filings. Page built Sep 22, 2026, 9:10 AM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 3
On other graphs: 1
Observed: Oct 17, 2022 to Mar 23, 2026
8 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Venture Capitalidentity

P••••• B•• M••••••••• L••

Venture manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $247MItem 5.F on the latest filing (2026-03-23); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $247M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
P••••• B•• P•••••••• L•••	Venture Capital Fund	$44.4M	Jul 9, 2024	14	Oct 17, 2022	reported	021-437849
P• S•••• L••	Other Private Fund	$12.5M

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
H••• X••	CHIEF COMPLIANCE OFFICER	Na	yes	03/2024	Mar 25, 2024	Jul 9, 2024
K••••• L•••	MANAGING GENERAL PARTNER	E	yes	01/2022	Oct 17, 2022

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$247M	$131M	88.4%	$109M	31.3%	7	7	0	0

Relationships

Advises (3)

→ P••••• B•• S•• 2• L••Private fundOther Private Fund, IA
Mar 25, 2024 to presentfactForm ADV
→ P• S•••• L••Private fundOther Private Fund, IA
Jul 9, 2024 to presentfactForm ADV
→ P••••• B•• P•••••••• L•••Private fundVenture Capital Fund, IA
Oct 17, 2022 to presentfactForm ADV

Controls (2)

Dated events

Occurred
Mar 23, 2026
Regulatory AUM changed
P••••• B•• M••••••••• L•• reported RAUM $247.5M, up 88% from $131.4M (2025-12-02 to 2026-03-23)
Form ADVobserved 7 days ago
$116M
Occurred
Mar 25, 2024
Control person joined
Xue Hua (Chief Compliance Officer) appeared on Schedule A of P••••• B•• M••••••••• L••
Form ADVobserved 7 days ago
Occurred
Oct 17, 2022
First Form ADV filing
Pbp Management Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 7 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:7587e390-62f8-cba1-0f92-74cbe4288943
First observed: Oct 17, 2022
Last observed: Mar 23, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.