Performance Equity Management, LLC (PEM)

Performance Equity Management, LLC (PEM) is a private equity investment firm headquartered in Greenwich, Connecticut. Founded in 2005, PEM focuses on fund-of-funds, co-investments, and customized separate accounts. The firm primarily serves institutional investors and wealth management platforms through a disciplined, research-driven investment approach.

Performance Equity Management (PEM) is comprised of the former General Motors in-house private equity group. The PEM team has allocated $30 billion to private equity since 1996, including 170 direct co-investments ($3.7 billion) and $7.7 billion to venture capital.

PEM maintains a diversified portfolio that spans key sectors such as business services, consumer services, and information technology. Its strategies include buyouts, venture capital, and secondary investments, with a strong concentration in the United States market. The firm’s investment team brings together over 150 years of combined private equity experience to deliver long-term value.

In 2023, Sagard, a global alternative asset management firm, acquired a strategic equity stake in PEM. This partnership enhances Sagard’s private equity platform and includes a planned path for Sagard to acquire full ownership of PEM by the end of 2028. As of September 2024, PEM reported assets under management totaling approximately $8.9 billion.