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Adviser Profile

As of Date 03/26/2024
Adviser Type - Large advisory firm
Number of Employees 16 -11.11%
of those in investment advisory functions 14 -12.50%
Registration SEC, Approved, 3/12/2012
AUM* 1,038,949,900 -2.10%
of that, discretionary 1,038,949,900 -2.10%
Private Fund GAV* 1,038,949,900 -6.13%
Avg Account Size 207,789,980 -2.10%
SMA’s No
Private Funds 5
Contact Info 215 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 934M 778M 623M 467M 311M 156M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count5 GAV$1,038,949,900

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Brochure Summary

Overview

Patriot Financial Manager, L.P., (“Patriot”) is a private fund management firm primarily focused on investing in community banks, thrifts and other financial services related companies throughout the United States. Patriot was co-founded in 2007 by Ira M. Lubert, James Lynch and Kirk Wycoff (collectively, “the Co-Founders”). The day-to-day operations of Patriot are led by Messrs. Wycoff and James F. Deutsch (“Managing Partners”). Patriot’s investment team consists of more than 13 experienced investment professionals with various backgrounds in banking and the financial services industry. Patriot provides investment management services exclusively to its Funds, which are privately offered pooled investment vehicles organized as limited partnerships, to which each Fund’s general partner is an affiliate of Patriot. No Fund’s shares are offered hereby, and each Fund is open for investment only via a “private offering.” Patriot manages closed- end private equity fund structures. The Funds are intended only for investment by “accredited investors,” “qualified clients” and “qualified purchasers” as those terms are defined under the Federal securities laws. References herein to Patriot may include, as the context requires, various entities controlled by Patriot
or its principals and partners, and through which Patriot provides investment management services including Patriot Financial Advisors, L.P., and entities that serve as the Funds’ general partners are collectively known as Relying Advisers. Patriot Financial Partners II, L.P. and Patriot Financial Partners Parallel II, L.P. (collectively known as “Fund II”); Patriot Financial Partners III, L.P. (“Fund III”); Patriot Financial Partners IV, L.P. and Patriot Financial Partners Parallel IV, L.P., (collectively known as “Fund IV”), together known as the “Patriot Private Equity Funds,” will invest in both publicly traded and private community banks, financial services and financial technology firms “closely related” to the banking sector. Each Funds’ investment objective aims to provide investment returns net of fees and expenses as described in further detail in each of the Fund’s organizational documents including but not limited to the private placement memorandum, limited partnership agreement, management and advisory agreements provided to investors (collectively, the “Governing Documents”). Assets under Management – As of December 31, 2023, Patriot manages $1,038,949,900 in regulatory assets under management on a discretionary basis.