Bivium Capital Partners, Llc
- Regulatory AUM
- $6.7B
- Discretionary
- $6.0B
- Clients
- 33
- Avg AUM / client
- $204M
- Accounts
- 33
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of May 01, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 1 | $140M | 2.08% |
| Charitable organizations | 21 | $2.8B | 42.3% |
| State or municipal government entities | 11 | $3.7B | 55.6% |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bancroft, Lawrence, Patrick | President And Ceo | Jun 2003 (23y) | ≈ 56.25% – 100% via Bivium Capital Partners, Inc. | |
| Hong, Kai Wei | Chief Investment Strategist | Sep 2010 (16y) | Less than 5% | |
| Palenchar, Douglas, Michael | Chief Compliance Officer | Jul 2011 (15y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bivium Capital Partners, Inc. | Management Member | Jun 2003 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Bancroft, Lawrence, Patrick: 75% – 100% of Bivium Capital Partners, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/01/2026 | 1.03 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- State Street $3.0B (44% of AUM) May 2026
- Pershing $1.8B (27% of AUM) May 2026
- Northern Trust $1.4B (21% of AUM) May 2026
- BNY Mellon $414M (26% of AUM) Aug 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 01, 2026.
View current Form ADV (SEC/IAPD) ↗