Palmer Square Capital Management Llc
- Regulatory AUM
- $25.6B
- Discretionary
- $25.6B
- Clients
- 159
- Avg AUM / client
- $161M
- Accounts
- 159
- Employees
- 76
AUM over time
Annual snapshots from Form ADV filings · as of May 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 47 | $365M | 1.43% |
| Investment companies | 8 | $2.3B | 8.81% |
| Pooled investment vehicles (non-investment companies) | 74 | $21.5B | 84.0% |
| Pension and profit sharing plans | 2 | $201M | 0.79% |
| Charitable organizations | 12 | $350M | 1.37% |
| Insurance companies | 4 | $185M | 0.72% |
| Corporations and other businesses | 12 | $741M | 2.89% |
Private funds (55)
View all →Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $17.9B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Palmer Square Income Plus Fund Llc master | Other Private Fund | Delaware | $866M | 55 |
| Palmer Square Clo 2021 3, Ltd. | Securitized Asset Fund | Cayman Islands | $801M | 10 |
| Palmer Square Clo 2021 4, Ltd. | Securitized Asset Fund | Cayman Islands | $751M | 12 |
| Palmer Square Opportunistic Credit Fund L.P. master | Hedge Fund | Cayman Islands | $734M | 426 |
| Palmer Square Clo 2015 1, Ltd | Securitized Asset Fund | Cayman Islands | $719M | 5 |
| Palmer Square Clo 2024 2, Ltd. | Securitized Asset Fund | Cayman Islands | $598M | 9 |
| Palmer Square Clo 2021 2, Ltd. | Securitized Asset Fund | Cayman Islands | $550M | 8 |
| Palmer Square Clo 2024 1, Ltd. | Securitized Asset Fund | Cayman Islands | $550M | 10 |
| Palmer Square Loan Funding 2024 1, Ltd. | Securitized Asset Fund | Cayman Islands | $550M | 9 |
| Palmer Square Clo 2022 1, Ltd. | Securitized Asset Fund | Cayman Islands | $502M | 7 |
| Palmer Square Clo 2022 4, Ltd. | Securitized Asset Fund | Cayman Islands | $502M | 8 |
| Palmer Square Clo 2022 2, Ltd. | Securitized Asset Fund | Cayman Islands | $501M | 8 |
| Palmer Square Clo 2023 4, Ltd. | Securitized Asset Fund | Cayman Islands | $501M | 13 |
| Palmer Square Loan Funding 2023 2, Ltd. | Securitized Asset Fund | Cayman Islands | $500M | 13 |
| Palmer Square Clo 2024 3, Ltd. | Securitized Asset Fund | Cayman Islands | $499M | 8 |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Christopher Dale Long | Chief Executive Officer | Dec 2009 (17y) | Less than 5% | |
| Long, Angie, Knighton | Chief Investment Officer | Feb 2011 (16y) | Less than 5% | |
| Betz, Scott, Andrew | Chief Operating Officer | Mar 2018 (8y) | Less than 5% | |
| Fox, Jeffrey, Doerr | President | Mar 2020 (6y) | Less than 5% | |
| Brice, Stacy, Renee | Chief Compliance Officer | Mar 2021 (5y) | Less than 5% | |
| Bloomfield, Matthew, Lee | Trustee | Dec 2021 (5y) | Less than 5% | |
| Jarett Atkins | Registered representative | Jun 2021 (5y) | ||
| Daniel Keith Bellchamber | Registered representative | Mar 2025 (1y) | ||
| Jay Ryan Lieberman | Registered representative | Apr 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Palmer Square Holdings, Llc | Managing Member | Jan 2019 | A | 50% – 75% |
| Matthew L. Bloomfield Irrevocable Trust | Member | Dec 2021 | A | 5% – 10% |
| Angie K. Long Irrevocable Trust | Member | Oct 2019 | B | ≈ 25% – 56.25% via Palmer Square Holdings, Llc |
| Christopher D. Long Irrevocable Trust | Member | Jan 2020 | B | ≈ 12.5% – 37.5% via Palmer Square Holdings, Llc |
Undisclosed: 0% – 45% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Angie K. Long Irrevocable Trust: 50% – 75% of Palmer Square Holdings, Llc × 50% – 75% direct ≈ 25% – 56.25% of the firm
- Christopher D. Long Irrevocable Trust: 25% – 50% of Palmer Square Holdings, Llc × 50% – 75% direct ≈ 12.5% – 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 (55, $17.9B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Palmer Square Income Plus Fund Llc | Other Private Fund | $866M | $1.0M | 55 |
| Palmer Square Clo 2021 3, Ltd. | Securitized Asset Fund | $801M | $250K | 10 |
| Palmer Square Clo 2021 4, Ltd. | Securitized Asset Fund | $751M | $250K | 12 |
| Palmer Square Opportunistic Credit Fund L.P. | Hedge Fund | $734M | $250K | 426 |
| Palmer Square Clo 2015 1, Ltd | Securitized Asset Fund | $719M | $250K | 5 |
| Palmer Square Clo 2024 2, Ltd. | Securitized Asset Fund | $598M | $250K | 9 |
| Palmer Square Clo 2021 2, Ltd. | Securitized Asset Fund | $550M | $250K | 8 |
| Palmer Square Clo 2024 1, Ltd. | Securitized Asset Fund | $550M | $250K | 10 |
| Palmer Square Loan Funding 2024 1, Ltd. | Securitized Asset Fund | $550M | $250K | 9 |
| Palmer Square Clo 2022 1, Ltd. | Securitized Asset Fund | $502M | $250K | 7 |
| Palmer Square Clo 2022 4, Ltd. | Securitized Asset Fund | $502M | $250K | 8 |
| Palmer Square Clo 2022 2, Ltd. | Securitized Asset Fund | $501M | $250K | 8 |
| Palmer Square Clo 2023 4, Ltd. | Securitized Asset Fund | $501M | $250K | 13 |
| Palmer Square Loan Funding 2023 2, Ltd. | Securitized Asset Fund | $500M | $250K | 13 |
| Palmer Square Clo 2024 3, Ltd. | Securitized Asset Fund | $499M | $250K | 8 |
| Palmer Square Clo 2023 3, Ltd. | Securitized Asset Fund | $498M | $250K | 9 |
| Palmer Square Clo 2021 1, Ltd. | Securitized Asset Fund | $475M | $250K | 8 |
| Palmer Square Loan Funding 2022 4, Ltd. | Securitized Asset Fund | $475M | $250K | 10 |
| Palmer Square Clo 2018 2, Ltd | Securitized Asset Fund | $473M | $250K | 15 |
| Palmer Square Ultra Short Duration Investment Grade Fund, Llc | Other Private Fund | $468M | $1.0M | 84 |
| Palmer Square Clo 2018 3, Ltd | Securitized Asset Fund | $444M | $250K | 20 |
| Palmer Square Loan Funding 2021 2, Ltd. | Securitized Asset Fund | $431M | $250K | 14 |
| Palmer Square Loan Funding 2022 3, Ltd. | Securitized Asset Fund | $431M | $250K | 16 |
| Palmer Square Loan Funding 2023 1, Ltd. | Securitized Asset Fund | $429M | $250K | 11 |
| Palmer Square Clo 2018 1, Ltd | Securitized Asset Fund | $423M | $250K | 15 |
Top 25 of 55 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/19/2026 | 12.1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SETTLED ORDER PROVIDES THAT ADVISER 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, ADVISER PAID A CIVIL MONETARY PENALTY IN THE AMOUNT OF $450,000 TO THE SECURITIES AND EXCHANGE COMMISSION. Summary: THE SETTLED ORDER PROVIDES THAT ADVISER 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, ADVISER 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 individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Umb Bank N/A Mo $551M (2% of AUM) Feb 2026
- J.P. Morgan $434M (2% of AUM) May 2026
- BNY Mellon $354M (1% of AUM) May 2026
- Northern Trust $296M (1% of AUM) May 2026
- National Financial Services (Fidelity) $253M (1% of AUM) Feb 2025
- Wells Fargo $91.2M (1% of AUM) May 2019
- Charles Schwab & Co. $39.0M (0% of AUM) Jan 2021
- State Street $24.2M (0% of AUM) Jan 2019
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 19, 2026.
View current Form ADV (SEC/IAPD) ↗