PALM DRIVE CAPITAL LLC
Adviser information for PALM DRIVE CAPITAL LLC last updated from Form ADV on February 15th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 23 | $376.5M |
| Non-Discretionary | 0 | $0 |
| Total | 23 | $376.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 23 | $376.5M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 17 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-114711 |
|---|---|
| SEC ERA File Number | 801-114711 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 284014 |
| Legal Entity Identifier | None |
Principal Office
54 WEST, 21ST STREETSUITE 807
NEW YORK
NY
United States
Monday - Friday, 9AM - 5PM
Tel: 347-349-1568, Fax: None
Chief Compliance Officer
XIAOXIAO CAI
PARTNER
54 WEST 21ST ST, SUITE 807
NEW YORK
NY
United States
Tel:
347-606-0676
C********@***********C
(Full email address available in API data)
Regulatory Contact
SEAMON CHAN
MANAGING PARTNER
54 WEST 21ST ST, SUITE 807
NEW YORK
NY
United States
Tel:
914-409-2485
S*****@***********C
(Full email address available in API data)
Industry Affiliates
| PALM DRIVE CAPITAL II GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| PALM DRIVE CAPITAL III GP LP | Sponsor, GP, manager of pooled investment vehicles |
| PALM DRIVE CAPITAL III GP LTD | Sponsor, GP, manager of pooled investment vehicles |
| PALM DRIVE CAPITAL IV GP LP | Sponsor, GP, manager of pooled investment vehicles |
| PALM DRIVE CAPITAL IV GP LTD | Sponsor, GP, manager of pooled investment vehicles |
| PALM DRIVE VENTURES GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| PALM DRIVE VENTURES SPV LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| LF PH COIN SPV LLC | Venture Capital Fund | $3.0M | $0.0M | 4 |
| MINERVA PALM DRIVE RF LLC | Venture Capital Fund | $6.0M | $0.0M | 32 |
| ORIGINAL CAPITAL PARTNERSHIP TWO LLC | Venture Capital Fund | $0.4M | $0.0M | 1 |
| PALM DRIVE CAPITAL II LP | Venture Capital Fund | $76.3M | $0.0M | 41 |
| PALM DRIVE CAPITAL III LP | Venture Capital Fund | $89.5M | $0.0M | 34 |
| PALM DRIVE CAPITAL IV LP | Venture Capital Fund | $40.8M | $0.1M | 21 |
| PALM DRIVE LTE LLC | Venture Capital Fund | $2.3M | $0.0M | 14 |
| PALM DRIVE VENTURES (WL), LLC | Venture Capital Fund | $23.0M | $0.0M | 15 |
| PALM DRIVE VENTURES I LP | Venture Capital Fund | $58.8M | $0.1M | 30 |
| PD 343 LLC | Venture Capital Fund | $1.4M | $0.0M | 5 |
| PD ALBI LLC | Venture Capital Fund | $5.1M | $0.0M | 11 |
| PD BC LLC | Venture Capital Fund | $31.1M | $0.1M | 3 |
| PD CAT LLC | Venture Capital Fund | $8.7M | $0.0M | 32 |
| PD CH LLC | Venture Capital Fund | $1.2M | $0.0M | 1 |
| PD DEP LLC | Venture Capital Fund | $2.2M | $0.0M | 6 |
| PD DI LLC | Venture Capital Fund | $3.3M | $0.0M | 2 |
| PD HALO LLC | Venture Capital Fund | $3.9M | $0.0M | 29 |
| PD MAX LLC | Venture Capital Fund | $4.8M | $0.0M | 11 |
| PD MENLO LLC | Venture Capital Fund | $8.4M | $0.0M | 19 |
| PD PARC LLC | Venture Capital Fund | $3.3M | $0.0M | 8 |
| PD RF LLC | Venture Capital Fund | $0.7M | $0.2M | 2 |
| PD XRAY LLC | Venture Capital Fund | $1.8M | $0.5M | 5 |
| PDV AD LLC | Venture Capital Fund | $0.2M | $0.0M | 4 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Chan, Seamon, NMN | Individual | – | MANAGING PARTNER | 12/2014 | 50-75% |
| Lee, Hendrick, NMN | Individual | – | MANAGING PARTNER | 12/2014 | 50-75% |
| Cai, Xiaoxiao, NMN | Individual | – | CHIEF COMPLIANCE OFFICER, PARTNER | 01/2019 | < 5% |