DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Sagard Private Equity Solutions

Other adviserGreenwich, ConnecticutCRD 110207SEC 801-60051websiteIAPD
Legal name Performance Equity Management, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 32 filings
SEC status approved since Mar 1, 2001
RAUM
$9.4B
reported, Item 5.F
Discretionary
47%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
36
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
27
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$9.4B as of Mar 31, 2026
Mar 30, 2012$17B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 27, 20130 then
Employees (5.A)36 as of Mar 31, 2026
Mar 27, 201332 then
Private funds27 as of Mar 31, 2026
Mar 30, 201212 then
RAUM -0.2% over the last fiscal year-5.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$254MderivedRAUM over accounts (5.F.2.f)
Discretionary
47%derivedof RAUM
Institutional
1.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-0.2%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$4.7B51%
  • Pooled investment vehicles$4.4B47%
  • State and municipal entities$178M1.9%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
37reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.47 institutional_share=0.02 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      28 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Performance Venture Capital II, L.P.Private Equity Fund$519M23Mar 30, 2012
      Performance Direct Investments IV, L.P.Private Equity Fund$394M118Mar 30, 2020
      Effem Master Fund II Parallel, L.P.Private Equity Fund$346M6Mar 30, 2012
      Effem Master Fund II, L.P.Private Equity Fund$336M2Mar 30, 2012
      Performance Venture Capital III, L.P.Private Equity Fund$326M7Mar 28, 2014
      Performance Venture Capital V, L.P.Private Equity Fund$320M118Mar 30, 2022
      Effem Master Fund, L.P.no longer reportedPrivate Equity Fund$292M4Mar 30, 2012
      Performance Buyout Fund Of Funds II Parallel, L.P.Private Equity Fund$239M2Mar 30, 2012
      Performance Effem Pe Fund, L.P.: Series 2018Private Equity Fund$233M9Mar 28, 2019
      Performance Buyout Fund Of Funds II, L.P.Private Equity Fund$232M2Mar 30, 2012
      Performance Venture Capital, L.P.Private Equity Fund$223M25Mar 30, 2012
      Performance Venture Capital IV, L.P.Private Equity Fund$214M54Mar 28, 2019
      Performance Effem Pe Fund, L.P.: Series 2019Private Equity Fund$188M9Mar 30, 2020
      Performance Effem Pe Fund, L.P.: Series 2017Private Equity Fund$154M9Mar 29, 2018
      Performance Direct Investments III, L.P.Private Equity Fund$140M10Mar 25, 2015
      Performance Effem Pe Fund, L.P.: Series 2020Private Equity Fund$104M9Mar 29, 2021
      Performance Direct Investments V, L.P.Private Equity Fund$104M0Mar 29, 2023
      Performance Effem Pe Fund, L.P.: Series 2021Private Equity Fund$97.1M9Mar 30, 2022
      Performance Effem Pe Fund, L.P.: Series 2022Private Equity Fund$96.5M7Mar 29, 2023
      Performance Equity Growth Opportunities Fund, L.P.Private Equity Fund$92.0M4Mar 29, 2021
      Performance Buyout Fund Of Funds, L.P.Private Equity Fund$89.8M5Mar 30, 2012
      Performance Opportunities Fund, L.P.Private Equity Fund$43.8M3Mar 30, 2012
      Performance Direct Investments II, L.P.Private Equity Fund$29.7M31Mar 30, 2012
      Performance Global Fund Of Funds I, L.P.Private Equity Fund$25.9M7Mar 30, 2012
      Performance Ioof Co-Investment Fund, L.P.Private Equity Fund$17.2M3Mar 30, 2022
      Performance Hs-W Co-Investment, L.P.no longer reportedPrivate Equity Fund$1.2M1Jan 30, 2017
      Performance Coinvestment, L.P.no longer reportedPrivate Equity Fund$02Jan 30, 2017
      Performance Direct Investments I, L.P.no longer reportedPrivate Equity Fund$05Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Wynn Jeffrey Barman · Chief Investment Officer & Managing Directorcontrol
        since 06/2005 · owns less than 5%
      • Spencer John Clark · President & Managing Directorcontrol
        since 06/2005 · owns less than 5%
      • William Jon Deklerk · Chief Operating Officercontrol
        since 06/2005 · owns less than 5%
      • Alexander Mark Hoopes · Chief Compliance Officercontrol
        since 09/2024 · owns less than 5%
      • Bennett Chris Millin · Chief Financial Officercontrol
        since 02/2020 · owns less than 5%
      • Allen Jeffrey Reals · Managing Directorcontrol
        since 06/2005 · owns less than 5%
      • Lawrence S Rusoff · Managing Directorcontrol
        since 06/2005 · owns less than 5%
      • Michael Paul Schmitt · Chief Data Officercontrol
        since 05/2020 · owns less than 5%
      • Stanley James Tybur · Managing Directorcontrol
        since 07/2015 · owns less than 5%
      • Spencer John Clark · Elected Managercontrol
        since 07/2016 · owns F of Performance Equity Associates, LLC
      • Roger Andre Desmarais · Trusteecontrol
        since 10/2013 · owns F of The Desmarais Family Residuary Trust
      • Guy Paul Desmarais · Trusteecontrol
        since 10/2023 · owns F of The Desmarais Family Residuary Trust
      • Albert Gary Doer · Trusteecontrol
        since 05/2023 · owns F of The Desmarais Family Residuary Trust
      • James Gregory Fleming · Trusteecontrol
        since 02/2024 · owns F of The Desmarais Family Residuary Trust
      • Lawrence S Rusoff · Elected Managercontrol
        since 01/2024 · owns F of Performance Equity Associates, LLC
      • Caroline Sophie Desmarais · Trustee, Non-Voting
        since 03/2018 · owns F of The Desmarais Family Residuary Trust
      Entity owners
      • Performance Equity Associates, LLC · Performance Equity Management, LLC Is Managed By Performance Equity Associates, LLC
        direct · owns 75% or more
      • Pansolo Holding Inc. · Shareholder
        indirect · owns 50% to 75% of Power Corporation Of Canada
      • Power Corporation Of Canada · Shareholder
        indirect · owns 75% or more of Sagard Holdings Participation Inc.
      • Sagard Capital Partners Management Corp. · Member
        indirect · owns 25% to 50% of Performance Equity Associates, LLC
      • Sagard Holdings Inc. · Shareholder
        indirect · owns 50% to 75% of Sagard Holdings Management Inc.
      • Sagard Holdings Management Inc. · Shareholder
        indirect · owns 75% or more of Sagard Capital Partners Management Corp.
      • Sagard Holdings Participation Inc. · Shareholder
        indirect · owns 75% or more of Sagard Holdings Inc.
      • The Desmarais Family Residuary Trust · Shareholder
        indirect · owns 75% or more of Pansolo Holding Inc.
      Related persons
      Schedule D 7.A
      • Diagram Corporation
        investment advisern
      • Sagard Real Estate Advisors
        investment adviserpooled vehicle sponsornRAUM $1.2B
      • Halseypoint Asset Management
        investment advisernRAUM $4.5B
      • Performance Buyout Fund Of Funds I Gp, LLC
        pooled vehicle sponsory
      • Performance Buyout II Gp LLC
        pooled vehicle sponsory
      • Performance Direct Investments III Gp, LLC
        pooled vehicle sponsory
      • Performance Direct Investments IV Gp, LLC
        pooled vehicle sponsory
      • Performance Direct Investments V Gp, LLC
        pooled vehicle sponsory
      • Performance Effem Pe Fund Gp, LLC
        pooled vehicle sponsory
      • Performance Effem Pe Fund Gp, LLC: Series 2018
        pooled vehicle sponsory
      • Performance Effem Pe Fund Gp, LLC: Series 2019
        pooled vehicle sponsory
      • Performance Effem Pe Fund Gp, LLC: Series 2020
        pooled vehicle sponsory
      • Performance Effem Pe Fund Gp, LLC: Series 2021
        pooled vehicle sponsory
      • Performance Effem Pe Fund Gp, LLC: Series 2022
        pooled vehicle sponsory
      • Performance Equity Growth Opportunities Fund Gp, LLC
        pooled vehicle sponsory
      • Performance Gcp Co-Investment Gp, LLC
        pooled vehicle sponsory
      • Performance Global Fund Of Funds Gp, LLC
        pooled vehicle sponsory
      • Performance Ioof Co-Investment Fund Gp, LLC
        pooled vehicle sponsory
      • Performance Master II Gp LLC
        pooled vehicle sponsory
      • Performance Opportunities Fund Gp, LLC
        pooled vehicle sponsory
      • Performance Regent 2021 Gp, LLC
        pooled vehicle sponsory
      • Performance Regent Street Co-Investment Gp, LLC
        pooled vehicle sponsory
      • Performance Vc Opportunities Fund I Gp, LLC
        pooled vehicle sponsory
      • Performance Venture Capital I Gp, LLC
        pooled vehicle sponsory
      • Performance Venture Capital II Gp, LLC
        pooled vehicle sponsory
      • Performance Venture Capital III Gp, LLC
        pooled vehicle sponsory
      • Performance Venture Capital IV Gp LLC
        pooled vehicle sponsory
      • Performance Venture Capital V Gp LLC
        pooled vehicle sponsory
      • Sagard Holdings Manager (US) LLC
        investment advisernRAUM $1.4B
      • Sagard Holdings Manager LP
        investment advisernRAUM $8.6B
      Advisers that list Sagard Private Equity Solutions as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 34 to 37
        Nov 19, 2025 to Mar 31, 2026
      • Advisory employees · 12 to 10
        Nov 19, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 25 to 27
        Nov 19, 2025 to Mar 31, 2026
      • Employees · 35 to 36
        Nov 19, 2025 to Mar 31, 2026
      • Private funds · 25 to 27
        Nov 19, 2025 to Mar 31, 2026
      • Discretionary RAUM · $4.7B to $4.4B
        Nov 19, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $4.8B to $5.0B
        Nov 19, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $4.6B to $4.4B
        Nov 19, 2025 to Mar 31, 2026
      • RAUM · $9.4B to $9.4B
        Nov 19, 2025 to Mar 31, 2026
      • Business name · PERFORMANCE EQUITY MANAGEMENT, LLC to SAGARD PRIVATE EQUITY SOLUTIONS
        Mar 28, 2025 to Nov 19, 2025
      • Accounts · 32 to 34
        Oct 1, 2024 to Mar 28, 2025
      • Advisory employees · 11 to 12
        Oct 1, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 23 to 25
        Oct 1, 2024 to Mar 28, 2025
      • Employees · 34 to 35
        Oct 1, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Oct 1, 2024 to Mar 28, 2025
      • Private funds · 23 to 25
        Oct 1, 2024 to Mar 28, 2025
      • Discretionary RAUM · $4.6B to $4.7B
        Oct 1, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $4.9B to $4.8B
        Oct 1, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $4.5B to $4.6B
        Oct 1, 2024 to Mar 28, 2025
      • RAUM · $9.5B to $9.4B
        Oct 1, 2024 to Mar 28, 2025
      • Assets in custody · $5.0B to $0
        Feb 9, 2024 to Mar 28, 2024
      • Financial planning clients · 0 to unset
        Feb 9, 2024 to Mar 28, 2024
      • Private funds · 24 to 23
        Feb 9, 2024 to Mar 28, 2024
      • Discretionary RAUM · $5.0B to $4.6B
        Feb 9, 2024 to Mar 28, 2024
      • Non-discretionary RAUM · $6.1B to $4.9B
        Feb 9, 2024 to Mar 28, 2024
      • Pooled vehicle RAUM · $5.0B to $4.5B
        Feb 9, 2024 to Mar 28, 2024
      • RAUM · $11B to $9.5B
        Feb 9, 2024 to Mar 28, 2024
      • Related adviser · false to true
        Feb 9, 2024 to Mar 28, 2024
      • Related bank · false to true
        Feb 9, 2024 to Mar 28, 2024
      • Related broker-dealer · false to true
        Feb 9, 2024 to Mar 28, 2024
      • Private funds · 25 to 24
        Jun 20, 2023 to Aug 31, 2023
      • Advisory employees · 10 to 11
        Jun 3, 2022 to Mar 29, 2023
      • Assets in custody · $6.4B to $5.0B
        Jun 3, 2022 to Mar 29, 2023
      • Private funds · 23 to 25
        Jun 3, 2022 to Mar 29, 2023
      • Discretionary RAUM · $6.4B to $5.0B
        Jun 3, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $6.5B to $6.1B
        Jun 3, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $6.4B to $5.0B
        Jun 3, 2022 to Mar 29, 2023
      • RAUM · $13B to $11B
        Jun 3, 2022 to Mar 29, 2023
      • Accounts · 26 to 32
        May 18, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 20 to 23
        May 18, 2021 to Mar 30, 2022
      Signals
      10 dated events
      • Alexander Mark Hoopes (Chief Compliance Officer) appeared on Schedule A of Sagard Private Equity Solutions
        Oct 1, 2024 · Control person joined · fact
      • James Gregory Fleming (Trustee) appeared on Schedule A of Sagard Private Equity Solutions
        Mar 28, 2024 · Control person joined · fact
      • Albert Gary Doer (Trustee) appeared on Schedule A of Sagard Private Equity Solutions
        Feb 9, 2024 · Control person joined · fact
      • Guy Paul Desmarais (Trustee) appeared on Schedule A of Sagard Private Equity Solutions
        Feb 9, 2024 · Control person joined · fact
      • Roger Andre Desmarais (Trustee) appeared on Schedule A of Sagard Private Equity Solutions
        Feb 9, 2024 · Control person joined · fact
      • Anthony Frank Brenninkmeyer (Managing Director) no longer on Schedule A of Sagard Private Equity Solutions (listed 2023-08-31, absent 2024-02-09)
        Feb 9, 2024 · Control person left · inference
      • M Marcia Haydel (Managing Director) no longer on Schedule A of Sagard Private Equity Solutions (listed 2023-08-31, absent 2024-02-09)
        Feb 9, 2024 · Control person left · inference
      • Sagard Private Equity Solutions reported RAUM $12.9B, up 28% from $10.1B (2021-05-18 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Michael Paul Schmitt (Chief Data Officer) appeared on Schedule A of Sagard Private Equity Solutions
        Mar 29, 2021 · Control person joined · fact
      • Chris Millin (Chief Financial Officer) appeared on Schedule A of Sagard Private Equity Solutions
        Feb 28, 2020 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/performance-equity-management-llcreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      linkedin.com/company/sagardholdingsreportedpublic record, Form ADV, Sep 17, 2026
      Website
      sagard.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (203) 742-2400reportedpublic record, Form ADV, Mar 31, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Other adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026