# T5 Equity Partners

T5 Equity Partners is a Single Family Office based in Andover, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Andover, United States
- **Region:** North America
- **Address:** Las Vegas, NV, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** triplefive.com
- **LinkedIn:** https://www.linkedin.com/company/triple-five-group

## About

T5 Equity Partners was established in 2005 as the investment vehicle for the Ghermezian family. Don Ghermezian serves as president while also leading Triple Five Group. Wealth stems from the family's development of large-scale retail and mixed-use properties across Canada and the United States. The firm allocates to private equity, venture investments and liquid markets. Asset classes include real estate, retail, hospitality, financial services and technology. Confirmed holdings encompass West Edmonton Mall, Mall of America, American Dream in New Jersey and American Dream Miami. Geographic reach covers North America, Europe, Asia, the Middle East and Africa. Mark Ghermezian participates in technology investments through his role as co-founder of Braze. Team size and additional offices remain undisclosed. Ira Perlmuter, former managing director, continues on the board. Adjacent vehicles include the Jacob and Miriam Ghermezian Foundation. The Graham Companies act as joint-venture partner on American Dream Miami. Schottenstein Family partnered with Perlmuter on JSPI Capital Partners. T5 Equity Partners operates as the captive investment office for a single family with direct ownership of operating real estate assets. This structure ties capital allocation to the family's long-term property portfolio rather than third-party fund commitments.

## Sectors

- FinTech
- PropTech
- Industrial Tech
- Media & Entertainment
- Energy Transition & Renewables

## People

- Don Ghermezian — President
- Ira Perlmuter — Board Member
- Mark Ghermezian — Family Member

## Questions

### Who runs investment decisions at T5 Equity Partners?

Don Ghermezian serves as president. Ira Perlmuter remains on the board after his tenure as managing director.

### Does T5 Equity Partners participate in fund commitments or only direct deals?

The firm makes direct investments and joint ventures. It has formed partnerships such as the one with the Graham Companies on American Dream Miami.

### Which sectors does T5 Equity Partners target?

Allocations focus on real estate, retail, hospitality, financial services and technology.

### How is T5 Equity Partners related to Triple Five Group?

T5 Equity Partners functions as the direct investment arm of Triple Five Group, the family's operating real estate company.

## Related profiles

- [Syracuse Advisers](https://altss.com/profile/syracuse-advisers-ltd)
- [Table Mountain Capital](https://altss.com/profile/table-mountain-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/t5-equity-partners-ghermezian-family-office

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology