PALM DRIVE CAPITAL LLC

RIASEC RegisteredEst. 2019
Total AUM
$376M
Discretionary
$376M
100% of AUM
Avg account
$12.5M
Accounts
30
Employees
7
Advisory reps
3

Firm details

Headquarters
New York, New York
CRD number
284014
Registered since
February 21, 2019
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • Pooled Investment Vehicles100%
Services
Portfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Palm Drive Capital LLC is a privately owned limited liability company that operates as a venture capital fund manager and sponsor of pooled investment vehicles. SEC registration dates to 2019 and the firm’s client base is institutional. Its advisory mandate focuses on portfolio management for pooled vehicles and it frequently serves as sponsor, general partner, and managing member of those funds. Fee arrangements include AUM-based fees, fixed fees, and performance-based compensation. The firm is not designated an active ESG investor and is not identified as a multi-state adviser or pension consultant.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Contacts

3 of 3
  • Xiaoxiao Cai

    Partner and CCOCRD 7061341

  • Hendrick Lee

    Founding PartnerCRD 7061340

  • Seamon Chan

    Founding PartnerCRD 7061330

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
54 W 21st St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth