Pleasant Lake Partners Llc
- Regulatory AUM
- $2.1B
- Discretionary
- $2.1B
- Clients
- 11
- Avg AUM / client
- $187M
- Accounts
- 11
- Employees
- 19
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 11 | $2.1B | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pleasant Lake Onshore Feeder Fund Lp | Hedge Fund | Delaware | $1.2B | 104 |
| Plp Drawdown, Lp | Hedge Fund | Delaware | $21.7M | 2 |
| Cassini Partners, L.P. Pleasant Lake Partners, Llc Series | Hedge Fund | Delaware | $12.5M | 2 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Lennon, Jonathan, Patrick | Ceo & Portfolio Manager | Aug 2012 (14y) | ≈ 56.25% – 100% via Fund 1 Investments, Llc | |
| Cable, Benjamin, Charles | Chief Operating Officer & Chief Compliance Officer | Jan 2022 (5y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Fund 1 Investments, Llc | Managing Member Of Pleasant Lake Partners, Llc | Dec 2022 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Lennon, Jonathan, Patrick: 75% – 100% of Fund 1 Investments, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $1.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pleasant Lake Onshore Feeder Fund Lp | Hedge Fund | $1.2B | $2.5M | 104 |
| Plp Drawdown, Lp | Hedge Fund | $21.7M | $2.5M | 2 |
| Cassini Partners, L.P. Pleasant Lake Partners, Llc Series | Hedge Fund | $12.5M | $25.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.31 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗