PERIPHAS CAPITAL, LP other names

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Adviser Profile

As of Date:

07/31/2024

Adviser Type:

- Large advisory firm


Number of Employees:

6

of those in investment advisory functions:

5


Registration:

SEC, Approved, 5/1/2023

Other registrations (2)
Former registrations

PERIPHAS CAPITAL, LP

AUM:

142,730,996 100.00%

of that, discretionary:

142,730,996

Private Fund GAV:

142,730,996 2.92%

Avg Account Size:

71,365,498


SMA’s:

NO

Private Funds:

2

Contact Info

646 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
1 1 1 1
2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 2 $142,730,996

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Private Funds



Employees




Brochure Summary

Overview

FIRM AND PRINCIPAL OWNERS Periphas Capital, LP (“Periphas”) is a Delaware limited liability company. Periphas is sometimes called the “Firm” in this brochure. The Firm was formed in late 2017 and began operations as an investment adviser in June 2020. We provide continuous and regular supervisory or management services with respect to assets totaling approximately $143 million as of December 31, 2023. All clients are private investment funds, although some funds may rely on exemptions other than those provided by Sections 3(c)1 and 3(c)7 of the Investment Company Act of 1940, as amended. For purposes of this Part 2 Form, an advisory affiliate or a related person of the Firm is considered to be a person or entity that controls the Firm, is controlled by the Firm or is under common control with the Firm. The Firm has two members: SKM LLC and Periphas Capital GP LLC. Periphas Capital GP LLC is owned by two individuals: Sanjeev and his spouse Karen Mehra. SKM LLC is solely owned by Sanjeev Mehra and a trust for the benefit of his family, Mehra Family Trust. The members’ ownership interests are not equal. Periphas Capital LP is currently member managed. Additionally, there are two other individuals who hold senior officer positions for the Firm: Jeff Dodge and Todd Nice. The Firm has no subsidiaries. The principal office and place of business for Periphas is 745 5th Avenue, 16th Floor, New York, New York 11051. Please see Item 10 for more information about financial industry activities and affiliations. The Firm’s investment policies and decisions are set by its Investment Committee. The members of the Firm’s Investment Committee are Sanjeev Mehra, Jeff Dodge and Todd Nice. The Firm’s other investment professionals also participate in this process to determine investment recommendations on an as needed basis and provide valuable input. The Investment Committee members and other investment professionals may be referred to throughout this brochure as “Investment Professionals”. Additional information is included in brochure supplements with respect to (i) each person who formulates investment advice for a client and has direct client contact, and (ii) each person who has discretionary authority over a client’s assets even if that person has no direct client contact. As described below, the Firm’s clients are expected to be investment funds and other similar entities that we advise. ADV Part 2: Firm Brochure
Page 4 INVESTMENT SUPERVISORY SERVICES The Firm’s main business is to provide investment advice to various private fund entities which are our clients. Some of our clients will be limited partnerships or limited liability companies that are related to us because there is common ownership and/or control between the Firm and the general partners or managers of those investment funds. Currently, all of our clients are expected to be closed-end (meaning they do not accept additional subscribers after a stated offering period) investment funds with capital committed by investors that is drawn down and contributed over time to purchase investment securities or real estate and pay expenses. Most of our clients are not expected to offer redemption rights or liquidity to their investors. Our advice is considered to be investment supervisory services because we provide continuous advice based on the individual needs of each client. We look for investments that meet the stated objectives, strategy and investment guidelines of each client. We usually only recommend that a client buy a security if that type of security and the amount to be invested in that security meets the client’s objectives, strategy and investment guidelines as stated in the client’s offering memorandum and partnership agreement or joint venture or other agreement negotiated directly with its investor(s). We supervise the entire investment process and monitor the performance of each investment security held by our clients. We make recommendations to buy, hold, finance and/or sell investment securities. However, we do not make the final investment decisions. In other words, we do not have investment discretion. The final investment decisions are made by the general partners or managers of the various investment funds that are our clients. As stated above, there may be common ownership and/or control between the Firm and most of those general partners or managers. We primarily provide advice with respect to equity securities in private companies and limited partnerships. Occasionally, we may offer advice with respect to a wide variety of other securities. We do not participate in wrap fee programs. The amount of client assets we are managing is $142.7 million as of valuations available on December 31, 2023. ADV Part 2: Firm Brochure Page 5