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Permit Capital, LLC is a private equity and venture capital investment firm headquartered in West Conshohocken, Pennsylvania. It was founded in 2002 by former economist, Richard Worley. The firm invests in domestic and international private and publicly traded securities. It also makes cross stage investments in communications, healthcare, consumer products, and information technology companies.
The firm has launched and managed five funds since 2002. These funds are the Permit Capital Private Equity Fund, Permit Capital Fund valued at $110 million, Permit Capital Telecom Fund, Permit Capital Enterprise Fund, and the Permit Capital International Fund. In 2020, it was reported that the firm had $382 million worth of assets under management.
Permit Capital owns a minority stake in Permit Capital Advisors which advises institutions, endowments, foundations, and high net worth individuals in investment strategy.
