DFX Intelligence
Performance Direct Investments V, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownunknown
As of · the latest observation of this vehicle; each figure below carries its own filing date
9 additional principals, 16 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 23 Jan 2025, Latest Form D filed on 23 Jan 2025: $230M sold, 81 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2022basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- indefinitewhat may be sold, not what was raised; file 021-470580, sworn by the adviser or filed under this vehicle
- Form D sold
- $230Mas of the filing of Jan 23, 2025, 81 investors
- First sale
- Dec 15, 2022
- Reported GAV
- $500Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 68
- Reported on ADV
- Sep 12, 2026 to Sep 12, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Unknown
latest Form D 2025-01-23, older than 15 months (fr-1)
evidence dated Jan 23, 2025.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Dec 15, 2022vintage year: 2022adv gav as of: Sep 12, 2026vintage basis: Form d first saleform d sold: $230Mform d offering: n/aform d latest filed at: Jan 23, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 12, 2026 | $500M | 68 | $5.0M | 4% |
Principals and agents
12 principals on Form D, 5 placement agents
- Jeffrey a. Reals Director
- Christopher S. Millin Executive Officer
- John Clark Executive Officer
- Bradley Woods & Co. Ltd. placement agent
- Gallatin Capital, LLC placement agent
Show all 6principals, then placement agents
- Jeffrey a. Reals Director
- Christopher S. Millin Executive Officer
- John Clark Executive Officer
- Bradley Woods & Co. Ltd. placement agent
- Gallatin Capital, LLC placement agent
- Equus Financial Consulting, LLC placement agent
Service providers
17 named on Form ADV Schedule D and Form D
- AuditorEisnerAmper · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorSS&C · WINDSOR, Connecticut, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
- Sep 12, 2026Performance Direct Investments V, L.P. first reported on Form ADV by Sagard Private Equity Solutions, GAV $500,489,884Fund first reported on Form ADV Fact Form ADV
- Jan 23, 2025Performance Direct Investments V, L.P. filed Form D/A: $229,626,262 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
- Jan 30, 2024Performance Direct Investments V, L.P. filed Form D/A: $152,858,585 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
- Jan 12, 2023Performance Direct Investments V, L.P. filed Form D: $53,383,838 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
Evidence
49 observations
Every observation on this vehicle
- Adv pdf fund: 500,489,884 Sep 12, 2026 Fact Form ADV
- Entity type: Limited Partnership Jan 23, 2025 Fact Form D
- Entity type: Limited Partnership Jan 30, 2024 Fact Form D
- Entity type: Limited Partnership Jan 12, 2023 Fact Form D
- Form D fund type: Private Equity Fund Jan 23, 2025 Fact Form D
- Form D fund type: Private Equity Fund Jan 30, 2024 Fact Form D
- Form D fund type: Private Equity Fund Jan 12, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 23, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 30, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 12, 2023 Fact Form D
- Amendment: true Jan 23, 2025 Fact Form D
- Amendment: true Jan 30, 2024 Fact Form D
- Amendment: false Jan 12, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 23, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 30, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 12, 2023 Fact Form D
- Incorporated: withinFiveYears Jan 23, 2025 Fact Form D
- Incorporated: withinFiveYears Jan 30, 2024 Fact Form D
- Incorporated: withinFiveYears Jan 12, 2023 Fact Form D
- Jurisdiction: Delaware Jan 23, 2025 Fact Form D
- Jurisdiction: Delaware Jan 30, 2024 Fact Form D
- Jurisdiction: Delaware Jan 12, 2023 Fact Form D
- Amount sold (Form D): $230M Jan 23, 2025 Fact Form D
- Amount sold (Form D): $153M Jan 30, 2024 Fact Form D
- Amount sold (Form D): $53.4M Jan 12, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 23, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 30, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 12, 2023 Fact Form D
- First sale: 2022-12-15 Jan 23, 2025 Fact Form D
- First sale: 2022-12-15 Jan 30, 2024 Fact Form D
- First sale: 2022-12-15 Jan 12, 2023 Fact Form D
- Indefinite offering: true Jan 23, 2025 Fact Form D
- Indefinite offering: true Jan 30, 2024 Fact Form D
- Indefinite offering: true Jan 12, 2023 Fact Form D
- Investors (Form D): 81 Jan 23, 2025 Fact Form D
- Investors (Form D): 65 Jan 30, 2024 Fact Form D
- Investors (Form D): 15 Jan 12, 2023 Fact Form D
- Minimum investment (Form D): 0 Jan 23, 2025 Fact Form D
- Minimum investment (Form D): 0 Jan 30, 2024 Fact Form D
- Minimum investment (Form D): 0 Jan 12, 2023 Fact Form D
- Securities offered: pooled Jan 23, 2025 Fact Form D
- Securities offered: pooled Jan 30, 2024 Fact Form D
- Securities offered: pooled Jan 12, 2023 Fact Form D
- Office address: Jan 23, 2025 Fact Form D
- Office address: Jan 30, 2024 Fact Form D
- Office address: Jan 12, 2023 Fact Form D
- Year of incorporation: 2022 Jan 23, 2025 Fact Form D
- Year of incorporation: 2022 Jan 30, 2024 Fact Form D
- Year of incorporation: 2022 Jan 12, 2023 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Performance Direct Investments V, L.P. is the same institution as 4 records in Private Equity, RIA and Wealth and Independent Sponsors.
Private Equity2RIA and Wealth1Independent Sponsors1
DFX found 4 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
4 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-09-12source on record
- Form D filed2025-01-23source on record
- Form D filed2024-01-30source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.