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Palm Drive Capital LLC

● SEC registered since 2019CRD 284014SEC# 801-114711New York, NY
Export (members)
Ranks #4,280 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$376.4M
Fund GAV
$376.4M
Private funds
30
Employees
7
Accounts
30
Location
New York, NY

Palm Drive Capital LLC assets under management

Palm Drive Capital LLC operates as an SEC-registered investment adviser based in New York, NY. The firm has been registered since 2019. It reports $376.4 million in regulatory assets under management and employs 7 people. Palm Drive Capital LLC manages 30 private funds with combined gross assets of $376.4 million, including Palm Drive Capital III LP. By regulatory assets, it ranks 4,280 of 6,004 private fund managers.

Palm Drive Capital LLC private funds

30 funds · $376.4M GAV
FundTypeGross assetsMin.
Palm Drive Capital III LPVenture Capital$92.6M$10K
Palm Drive Capital II LPVenture Capital$52.8M$10K
Palm Drive Capital IV LPVenture Capital$47.3M$50K
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Palm Drive Capital LLC owners & executives

3 reported
NameTitleOwnershipSince
Hendrick Nmn Lee ControlManaging Partner50-75%2014
Seamon Nmn Chan ControlManaging Partner50-75%2014
Xiaoxiao Nmn CaiChief Compliance Officer, PartnerUnder 5%2019

Frequently asked questions

How much does Palm Drive Capital LLC manage?

Palm Drive Capital LLC reports $376.4 million in regulatory assets under management on its Form ADV.

How many private funds does Palm Drive Capital LLC manage?

Palm Drive Capital LLC manages 30 private funds with combined gross assets of $376.4 million.

How many employees does Palm Drive Capital LLC have?

Palm Drive Capital LLC reports 7 employees.

Where is Palm Drive Capital LLC located?

Palm Drive Capital LLC is based in New York, NY and has been SEC-registered since 2019.

Does Palm Drive Capital LLC disclose fund performance?

Palm Drive Capital LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address270 7th Avenue, Member: Palm Drive Capital, New York, NY 10001
Phone347-349-1568
Office hours9a.m. - 5p.m.
SEC regionNew York Regional Office (NYRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$376.4M▲ 18%
Feb '25 — $319.3MMar '25 — $319.3MApr '25 — $319.3MMay '25 — $319.3MJun '25 — $319.3MJul '25 — $319.3MAug '25 — $319.3MSep '25 — $319.3MOct '25 — $319.3MNov '25 — $319.3MDec '25 — $319.3MJan '26 — $319.3MFeb '26 — $376.4MMar '26 — $376.4MApr '26 — $376.4MMay '26 — $376.4MJun '26 — $376.4M
Feb '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 56%
Larger than 44% of 16,271 advisers
AUM vs fund managersTop 71%
Larger than 29% of 6,004 private-fund managers
Number of fundsTop 7%
More funds than 93% of fund managers
EmployeesTop 51%
More than 49% of 16,825 advisers

Assets under management

$376.4Mregulatory AUM
Discretionary $376.4M

Service providers