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Summit Partners Public Asset Management, LLC: investment adviser
Summit Partners Public Asset Management, LLC is an investment adviser registered with the SEC (file 801-81001, CRD 175100). What it reports on Form ADV: assets and clients, fees, owners, disciplinary history and its client brochure. From the SEC's Investment Adviser Public Disclosure site; read Oct 21, 2026.
- Assets managed
- $4.6B
- Discretionary
- 100%
- Accounts
- 14
- Employees
- 22
- In advisory roles
- 17
- Disclosures
- 0
Company page · SEC adviser record · Full Form ADV (PDF)
The firm reports that it or a related person has custody of client cash and securities.
Form ADV Part 1A, Item 5, as filed on the SEC Investment Adviser Public Disclosure site; read Oct 21, 2026.
Clients and fees
Whom the firm advises and how it is paid, from Items 5.D, 5.E and 5.G.
| Client type | Clients | Assets | Share |
|---|---|---|---|
| Registered funds | 1 | $163.3M | 3.5% |
| Private funds and other pooled vehicles | 12 | $3.7B | 81.1% |
How it is paid
- A percentage of assets under your management
- Performance-based fees
Services
- Portfolio management for investment companies (as well as "business development companies" that have made an election pursuant to section 54 of the Investment Company Act of 1940)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients (other than registered investment companies and other pooled investment vehicles)
Who owns it
Schedule A lists direct owners of 5% or more (and officers who own a stake); Schedule B lists the owners of those owners.
Direct owners (Schedule A)
| Owner | Type | Role | Stake | Since | Control | Public company |
|---|---|---|---|---|---|---|
| Summit Partners, L.P. | Company (U.S.) | Managing member | E 75% or more | Feb 2015 | Yes | |
| Peter Y Chung | Person | Chief executive officer & limited partner | A 5% to 10% | Apr 2015 | Yes |
Indirect owners (Schedule B)
| Owner | Owns a stake in | Type | Stake | Control | Public company |
|---|---|---|---|---|---|
| Darren Michael Black | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| John Robert Carroll | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| Peter Y Chung | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| Scott Charles Collins | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| Christopher John Dean | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| Craig David Frances | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| Martin Joseph Mannion | Summit Master | Person | F General partner, trustee or managing member | Yes | |
| Summit Master Company, LLC | Summit | Company (U.S.) | F General partner, trustee or managing member | Yes |
Form ADV reports ownership in bands, not exact stakes: A means 5% to 10%, B 10% to 25%, C 25% to 50%, D 50% to 75%, E 75% or more. F marks a general partner, trustee or managing member, a role that controls the firm without a percentage. Owners of less than 5% are not listed.
Form ADV Schedules A and B, via the SEC Investment Adviser Public Disclosure site.
Disciplinary history
The firm answered No to every disciplinary question on Form ADV (Item 11).
The brochure
No brochure text was read for this firm.
Other brochures on file
Form ADV Part 2A, via the SEC Investment Adviser Public Disclosure site.