# Palmer Square Private Credit Management LLC

> Palmer Square Private Credit Management LLC is an SEC-registered investment advisory firm in Mission Woods, KS, registered since 2023, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 324817
- Filed as: PALMER SQUARE PRIVATE CREDIT MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Mission Woods, KS
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324817
- AdvisorCensus page: https://advisorcensus.com/firm/palmer-square-private-credit-management-llc-mission-woods-ks-324817

## Quick answers

**How is Palmer Square Private Credit Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Palmer Square Private Credit Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Palmer Square Private Credit Management LLC located?**
Palmer Square Private Credit Management LLC's principal office is in Mission Woods, KS, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Palmer Square Private Credit Management LLC registered with the SEC or a state?**
Palmer Square Private Credit Management LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324817.

**How much does Palmer Square Private Credit Management LLC manage?**
Palmer Square Private Credit Management LLC reports $77,189,134 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Palmer Square Private Credit Management LLC's assets and staff changed since 2023?**
In the Form ADV data for Palmer Square Private Credit Management LLC: Regulatory assets under management: $57,079,182 in the October 2024 data and $77,189,134 in the October 2026 data, up 35%. Total employees: 48 in October 2023 and 76 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Palmer Square Private Credit Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Palmer Square Private Credit Management LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/324817

**Does Palmer Square Private Credit Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Investors in the Private Credit Fund are generally required to maintain a minimum investment of $500 in the Fund."

**What changed in Palmer Square Private Credit Management LLC's recent Form ADV filings?**
In the December 2025 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $500

> Investors in the Private Credit Fund are generally required to maintain a minimum investment of $500 in the Fund.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $77,189,134
- Discretionary: $77,189,134
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $77,189,134 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 76 total, 33 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/324817

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- London

### Websites listed on Form ADV (Item 1.I)
- [etf.palmersquarefunds.com](https://etf.palmersquarefunds.com)
- [etfs.palmersquarecap.com](https://etfs.palmersquarecap.com)
- [palmersquarebdc.com](https://palmersquarebdc.com)
- [palmersquarecap.com](https://palmersquarecap.com)
- [palmersquarefunds.com](https://palmersquarefunds.com)
- LinkedIn @palmer-square-capital
- X @palmer_square
- YouTube @palmersquarecapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | Not reported | 48 | March 31, 2023 |
| October 2024 | $57,079,182 | 56 | March 28, 2024 |
| October 2025 | $75,056,353 | 71 | July 2, 2025 |
| October 2026 | $77,189,134 | 76 | March 31, 2026 |

Regulatory assets under management: $57,079,182 in the October 2024 data and $77,189,134 in the October 2026 data, up 35%.
Total employees: 48 in October 2023 and 76 in October 2026.

## Changes in the filing (last 12 months)

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Palmer Square Private Credit Management LLC (CRD 324817): Form ADV filing data as of October 2026.