SUMMATION CAPITAL MANAGEMENT, L.P.

Thesis

The firm's investment thesis centers on the belief that a diversified private equity portfolio, achieved through careful manager selection across various industries, can yield superior returns. Summation Capital invests in primary venture capital, growth equity, and buyout funds, and also engages in co-investing. A key differentiator is its performance-fee-based structure, which aligns incentives with clients by charging fees only on returns exceeding public market benchmarks. The firm's strategy aims to 'redefine private equity access' through 'turnkey offerings,' making private markets more accessible. They focus on the U.S. market for fund investments, providing portfolio construction, diversification, and manager selection services. As of January 5, 2026, AUM was approximately $160.5 million. The firm launched in early 2024 and is registered with the SEC. Its general partner is Summation UGP LLC.