PALMER SQUARE CAPITAL MANAGEMENT LLC
Adviser information for PALMER SQUARE CAPITAL MANAGEMENT LLC last updated from Form ADV on March 28th, 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 | 56 |
|---|---|
| Investment Advisory/Research | 28 |
| Registered Broker-Dealer Representatives | 8 |
| Registered State Investment Advisers | 4 |
| 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 | 149 | $22.5B |
| Non-Discretionary | 0 | $0 |
| Total | 149 | $22.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 29 | $868.2M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 3 | $1.2B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 61 | $19.3B |
| Pension and profit sharing plans | <5 | $188.3M |
| Charitable organizations | 10 | $331.1M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $47.1M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 8 | $612.1M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 35 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)COLLATERAL MANAGER FOR CLOS/CDOS |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Principal Office
1900 SHAWNEE MISSION PARKWAYSUITE 315
MISSION WOODS
KS
United States
Monday - Friday, 8:00AM-5:00PM
Tel: 816-994-3200, Fax: 913-647-9733
Chief Compliance Officer
STACY BRICE
LEGAL COUNSEL
1900 SHAWNEE MISSION PARKWAY
SUITE 315
MISSION WOODS
KS
United States
Tel:
816-994-3200
S****@******************M
(Full email address available in API data)
Regulatory Contact
SCOTT BETZ
CHIEF OPERATING OFFICER
1900 SHAWNEE MISSION PARKWAY
SUITE 315
MISSION WOODS
KS
United States
Tel:
816-994-3200
S****@******************M
(Full email address available in API data)
Industry Affiliates
| PALMER SQUARE BDC ADVISOR LLC | Other investment adviser, including financial planners |
| PALMER SQUARE CAPITAL ADVISORS LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PALMER SQUARE EUROPE CAPITAL MANAGEMENT LLC | Other investment adviser, including financial planners |
| PALMER SQUARE OPPORTUNISTIC CREDIT FUND GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| PALMER SQUARE PRIVATE CREDIT MANAGEMENT LLC | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| GUILFORD CAPITAL CREDIT II L.P. | Hedge Fund | $224.6M | $1.0M | 265 |
| GUILFORD CAPITAL CREDIT III L.P. | Hedge Fund | $333.8M | $1.0M | 362 |
| GUILFORD CAPITAL CREDIT L.P. | Hedge Fund | $192.2M | $1.0M | 185 |
| PALMER SQUARE CLO 2014-1, LTD | Securitized Asset Fund | $306.6M | $0.3M | 29 |
| PALMER SQUARE CLO 2015-1, LTD | Securitized Asset Fund | $718.6M | $0.3M | 5 |
| PALMER SQUARE CLO 2015-2, LTD | Securitized Asset Fund | $420.5M | $0.3M | 5 |
| PALMER SQUARE CLO 2018-1, LTD | Securitized Asset Fund | $422.9M | $0.3M | 15 |
| PALMER SQUARE CLO 2018-2, LTD | Securitized Asset Fund | $473.2M | $0.3M | 15 |
| PALMER SQUARE CLO 2018-3, LTD | Securitized Asset Fund | $443.8M | $0.3M | 20 |
| PALMER SQUARE CLO 2019-1, LTD. | Securitized Asset Fund | $398.8M | $0.3M | 11 |
| PALMER SQUARE CLO 2021-1, LTD. | Securitized Asset Fund | $475.0M | $0.3M | 8 |
| PALMER SQUARE CLO 2021-2, LTD. | Securitized Asset Fund | $550.1M | $0.3M | 8 |
| PALMER SQUARE CLO 2021-3, LTD. | Securitized Asset Fund | $800.6M | $0.3M | 10 |
| PALMER SQUARE CLO 2021-4, LTD. | Securitized Asset Fund | $750.8M | $0.3M | 12 |
| PALMER SQUARE CLO 2022-1, LTD. | Securitized Asset Fund | $501.9M | $0.3M | 7 |
| PALMER SQUARE CLO 2022-2, LTD. | Securitized Asset Fund | $501.2M | $0.3M | 8 |
| PALMER SQUARE CLO 2022-4, LTD. | Securitized Asset Fund | $501.6M | $0.3M | 8 |
| PALMER SQUARE CLO 2023-1, LTD. | Securitized Asset Fund | $401.4M | $0.3M | 8 |
| PALMER SQUARE CLO 2023-2, LTD. | Securitized Asset Fund | $400.8M | $0.3M | 10 |
| PALMER SQUARE CLO 2023-3, LTD. | Securitized Asset Fund | $498.4M | $0.3M | 9 |
| PALMER SQUARE CLO 2023-4, LTD. | Securitized Asset Fund | $500.6M | $0.3M | 13 |
| PALMER SQUARE CREDIT FUNDING, 2019-1, LTD. | Securitized Asset Fund | $306.6M | $0.3M | 5 |
| PALMER SQUARE EXCELSIOR INVESTMENTS FUND, LLC | Hedge Fund | $116.6M | $1.0M | 11 |
| PALMER SQUARE FLOATING RATE FUND LLC | Hedge Fund | $31.8M | $1.0M | 4 |
| PALMER SQUARE INCOME PLUS FUND LLC | CREDIT FUND | $866.1M | $1.0M | 55 |
| PALMER SQUARE LOAN FUNDING 2018-4, LTD | Securitized Asset Fund | $0.0M | $0.3M | 11 |
| PALMER SQUARE LOAN FUNDING 2019-2, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 21 |
| PALMER SQUARE LOAN FUNDING 2019-3, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 13 |
| PALMER SQUARE LOAN FUNDING 2019-4, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 13 |
| PALMER SQUARE LOAN FUNDING 2020-1, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 11 |
| PALMER SQUARE LOAN FUNDING 2020-2, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 8 |
| PALMER SQUARE LOAN FUNDING 2020-4, LTD. | Securitized Asset Fund | $168.6M | $0.3M | 13 |
| PALMER SQUARE LOAN FUNDING 2021-1, LTD. | Securitized Asset Fund | $222.8M | $0.3M | 14 |
| PALMER SQUARE LOAN FUNDING 2021-2, LTD. | Securitized Asset Fund | $430.6M | $0.3M | 14 |
| PALMER SQUARE LOAN FUNDING 2021-3, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 19 |
| PALMER SQUARE LOAN FUNDING 2021-4, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 18 |
| PALMER SQUARE LOAN FUNDING 2022-1, LTD. | Securitized Asset Fund | $168.6M | $0.3M | 13 |
| PALMER SQUARE LOAN FUNDING 2022-2, LTD. | Securitized Asset Fund | $222.8M | $0.3M | 15 |
| PALMER SQUARE LOAN FUNDING 2022-3, LTD. | Securitized Asset Fund | $430.6M | $0.3M | 16 |
| PALMER SQUARE LOAN FUNDING 2022-4, LTD. | Securitized Asset Fund | $474.9M | $0.3M | 10 |
| PALMER SQUARE LOAN FUNDING 2022-5, LTD. | Securitized Asset Fund | $0.0M | $0.3M | 11 |
| PALMER SQUARE LOAN FUNDING 2023-1, LTD. | Securitized Asset Fund | $428.9M | $0.3M | 11 |
| PALMER SQUARE LOAN FUNDING 2023-2, LTD. | Securitized Asset Fund | $499.6M | $0.3M | 13 |
| PALMER SQUARE MULTI-ASSET CREDIT FUND LLC | Hedge Fund | $45.4M | $1.0M | 25 |
| PALMER SQUARE MULTI-STRATEGY FUND L.P. | Hedge Fund | $5.4M | $0.3M | 16 |
| PALMER SQUARE OPPORTUNISTIC CREDIT FUND L.P. | Hedge Fund | $734.0M | $0.3M | 426 |
| PALMER SQUARE SENIOR LOAN FUND, LLC | Hedge Fund | $101.9M | $1.0M | 84 |
| PALMER SQUARE STRATEGIC DEBT FUND LLC | Hedge Fund | $66.1M | $1.0M | 28 |
| PALMER SQUARE STRATEGIC OPPORTUNITIES OFFSHORE FUND L.P. | Hedge Fund | $51.5M | $1.0M | 1 |
| PALMER SQUARE ULTRA-SHORT DURATION INVESTMENT GRADE FUND, LLC | CREDIT FUND | $467.9M | $1.0M | 84 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LONG, CHRISTOPHER, DALE | Individual | – | CHIEF EXECUTIVE OFFICER | 12/2009 | < 5% |
| LONG, ANGIE, KNIGHTON | Individual | – | CHIEF INVESTMENT OFFICER | 02/2011 | < 5% |
| BETZ, SCOTT, ANDREW | Individual | – | CHIEF OPERATING OFFICER | 03/2018 | < 5% |
| PALMER SQUARE HOLDINGS, LLC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 50-75% |
| LONG, CHRISTOPHER, DALE | Individual | CHRISTOPHER D. LONG IRREVOCABLE TRUST | TRUSTEE | 01/2020 | |
| LONG, ANGIE, KNIGHTON | Individual | ANGIE K. LONG IRREVOCABLE TRUST | TRUSTEE | 10/2019 | |
| BLOOMFIELD, MATTHEW, LEE | Individual | – | TRUSTEE | 12/2021 | < 5% |
| ANGIE K. LONG IRREVOCABLE TRUST | Domestic Entity | PALMER SQUARE HOLDINGS, LLC | MEMBER | 10/2019 | 50-75% |
| CHRISTOPHER D. LONG IRREVOCABLE TRUST | Domestic Entity | PALMER SQUARE HOLDINGS, LLC | MEMBER | 01/2020 | 25-50% |
| FOX, JEFFREY, DOERR | Individual | – | PRESIDENT | 03/2020 | < 5% |
| BRICE, STACY, RENEE | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2021 | < 5% |
| MATTHEW L. BLOOMFIELD IRREVOCABLE TRUST | Domestic Entity | – | MEMBER | 12/2021 | 5-10% |