Investment adviser · CRD 282688

PENNINGTON PARTNERS & CO., LLC

Investment adviser filing (IA)

BETHESDA, MD, United States · Form ADV filed Apr 6, 2026

Regulatory AUM: $5.09B
Client accounts: 1,026
Employees: 36
Advisory professionals: 10

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	102	$4,601,066,857	90.4%
Pooled investment vehicles	10	$486,574,774	9.6%

Filing source

Form ADV 2091755 · Apr 6, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

12 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

PENNINGTON REAL ESTATE PARTNERS OZF, LPReal Estate Fund · Last reported Apr 6, 2026$84.6MGross asset value

Fund administrator NAV CONSULTING OAKBROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM US LLP MIAMI, Florida, United States

Custodian JPMORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM US LLP
PCAOB 49

Fund details & source

Fund ID: 805-9036228279
Reported beneficial owners: 22
Minimum commitment: $1M

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PENNINGTON ALTERNATIVE INCOME IDF, LPPrivate Equity Fund · Last reported Apr 6, 2026$84.4MGross asset value

Fund administrator JTC GROUP WILMINGTON, Delaware, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WARREN AVERETT ATLANTA, Georgia, United States

Custodian CHARLES SCHWAB & CO., INC. SAN FRANCISCO, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WARREN AVERETT
PCAOB 2226

CHARLES SCHWAB & CO., INC.
SEC 8-16514

Fund details & source

Fund ID: 805-7763401027
Reported beneficial owners: 1
Minimum commitment: $1M

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PENNINGTON ALTERNATIVE INCOME ACCESS, LPHedge Fund · Last reported Apr 6, 2026$77.3MGross asset value

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CBIZ CPAS KANSAS CITY, Missouri, United States

Custodian AVIDBANK SAN JOSE, California, United States Related to adviser: No

Custodian JPMORGAN CHASE NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

CBIZ CPAS
PCAOB 199

Fund details & source

Fund ID: 805-3458582061
Reported beneficial owners: 25
Minimum commitment: $100K

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PTM PARTNERS OPPORTUNITY ZONE FUND I, LPReal Estate Fund · Last reported Apr 6, 2026$76.8MGross asset value

Fund administrator JUNIPER SQUARE SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM US LLP MIAMI, Florida, United States

Custodian CHARLES SCHWAB & CO., INC. SAN FRANCISCO, California, United States Related to adviser: No

Custodian PNC BANK, N.A. PITTSBURGH, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM US LLP
PCAOB 49

Fund details & source

Fund ID: 805-1525633071
Reported beneficial owners: 88
Minimum commitment: $1M

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PENNINGTON PRIVATE ACCESS, LPPrivate Equity Fund · Last reported Apr 6, 2026$70.4MGross asset value

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WARREN AVERETT ATLANTA, Georgia, United States

Custodian AVIDBANK SAN JOSE, California, United States Related to adviser: No

Custodian JPMORGAN CHASE NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WARREN AVERETT
PCAOB 2226

Fund details & source

Fund ID: 805-2345767900
Reported beneficial owners: 50
Minimum commitment: $100K

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PENNINGTON APPRECIATION FUND, LPPrivate Equity Fund · Last reported Apr 6, 2026$50.8MGross asset value

Fund administrator JTC GROUP WILMINGTON, Delaware, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor WARREN AVERETT ATLANTA, Georgia, United States

Custodian CHARLES SCHWAB & CO., INC. SAN FRANCISCO, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WARREN AVERETT
PCAOB 2226

CHARLES SCHWAB & CO., INC.
SEC 8-16514

Fund details & source

Fund ID: 805-4747871774
Reported beneficial owners: 27
Minimum commitment: $1M

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PENNINGTON ALTERNATIVE INCOME FUND, LPHedge Fund · Last reported Apr 6, 2026$28.9MGross asset value

Fund administrator JTC GROUP WILMINGTON, Delaware, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WARREN AVERETT ATLANTA, Georgia, United States

Custodian BNY PERSHING JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian JPMORGAN CHASE NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WARREN AVERETT
PCAOB 2226

Fund details & source

Fund ID: 805-6533498789
Reported beneficial owners: 32
Minimum commitment: $100K

Form ADV 2091755 · Apr 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Apr 6, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Selection of other advisers

Compensation

Percentage of assets · Hourly · Fixed · Performance-based

Principal office

7500 OLD GEORGETOWN ROAD, SUITE 705
BETHESDA, MD, 20814, United States

CRD 282688

Filing source

Form ADV 2091755 · Apr 6, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.