Palmer Square Private Credit Management Llc
- Regulatory AUM
- $77.2M
- Discretionary
- $77.2M
- Clients
- 1
- Avg AUM / client
- $77.2M
- Accounts
- 1
- Employees
- 76
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 1 | $77.2M | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $57.1M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Palmer Square Private Credit Fund | Other Private Fund | Delaware | $57.1M | 15 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Long, Angie, Knighton | Chief Investment Officer | Oct 2019 (7y) | Less than 5% | |
| Christopher Dale Long | Chief Executive Officer | Jan 2020 (7y) | Less than 5% | |
| Betz, Scott, Andrew | Chief Operating Officer | Feb 2023 (4y) | Less than 5% | |
| Brice, Stacy, Renee | Chief Compliance Officer | Feb 2023 (4y) | Less than 5% | |
| Fox, Jeffrey, Doerr | President | Feb 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Palmer Square Capital Management Llc | Managing Member | Feb 2023 | A | 75% or more |
| Vtf Investment Partnership, Llc | Member | Feb 2023 | A | 5% – 10% |
| Palmer Square Holdings, Llc | Managing Member | Jan 2019 | B | ≈ 37.5% – 75% via Palmer Square Capital Management Llc |
| Angie K. Long Irrevocable Trust | Member | Oct 2019 | B | ≈ 18.75% – 56.25% via Palmer Square Holdings, Llc |
| Christopher D. Long Irrevocable Trust | Member | Jan 2020 | B | ≈ 9.38% – 37.5% via Palmer Square Holdings, Llc |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Palmer Square Holdings, Llc: 50% – 75% of Palmer Square Capital Management Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Angie K. Long Irrevocable Trust: 50% – 75% of Palmer Square Holdings, Llc × 50% – 75% of Palmer Square Capital Management Llc × 75% – 100% direct ≈ 18.75% – 56.25% of the firm
- Christopher D. Long Irrevocable Trust: 25% – 50% of Palmer Square Holdings, Llc × 50% – 75% of Palmer Square Capital Management Llc × 75% – 100% direct ≈ 9.38% – 37.5% 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.
Private funds (1, $57.1M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Palmer Square Private Credit Fund | Other Private Fund | $57.1M | $0 | 15 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.48 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SETTLED ORDER PROVIDES THAT AN ADVISORY AFFILIATE OF ADVISER, PALMER SQUARE CAPITAL MANAGEMENT LLC, VIOLATED CERTAIN PROVISIONS OF THE INVESTMENT ADVISERS ACT AND INVESTMENT COMPANY ACT IN CONNECTION WITH CERTAIN CROSS TRADING ACTIVITY. Status: Final Sanction Detail: IN CONNECTION WITH THE SETTLED ORDER, PALMER SQUARE CAPITAL MANAGEMENT LLC PAID A CIVIL MONETARY PENALTY IN THE AMOUNT OF $450,000 TO THE SECURITIES AND EXCHANGE COMMISSION. Summary: THE SETTLED ORDER PROVIDES THAT PALMER SQUARE CAPITAL MANAGEMENT LLC VIOLATED CERTAIN PROVISIONS OF THE INVESTMENT ADVISERS ACT AND INVESTMENT COMPANY ACT IN CONNECTION WITH CERTAIN CROSS TRADING ACTIVITY. ON SEPTEMBER 21, 2020, THE SECURITIES AND EXCHANGE COMMISSION ISSUED AN ORDER INSTITUTING ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS, MAKING CERTAIN FINDINGS AND IMPOSING CERTAIN SANCTIONS. WITHOUT ADMITTING OR DENYING THE FINDINGS OF THE SETTLED ORDER, PALMER SQUARE CAPITAL MANAGEMENT LLC CONSENTED TO THE ENTRY OF THE ORDER, WAS ORDERED TO CEASE AND DESIST FROM VIOLATING CERTAIN PROVISIONS OF THE INVESTMENT ADVISERS ACT AND INVESTMENT COMPANY ACT, WAS CENSURED AND AGREED TO PAY A CIVIL MONETARY PENALTY OF $450,000.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗