PALISADES MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

03/25/2024

Adviser Type:

- Large advisory firm


Number of Employees:

4 -20.00%

of those in investment advisory functions:

4 -20.00%


Registration:

SEC, Approved, 4/22/2016

AUM:

147,473,922 8.97%

of that, discretionary:

147,473,922 8.97%

Private Fund GAV:

140,463,597 5.90%

Avg Account Size:

29,494,784 -12.82%


SMA’s:

NO

Private Funds:

5 1

Contact Info

310 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
167M 143M 119M 95M 72M 48M 24M
2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Santacruz Announces Upsizing of Previously Announced Private Placement to CDN$14.1 Million With A Lead Order From Palisades Goldcorp
03/18/2021

Palisades Goldcorp is Canada's resource focused merchant bank. Palisades' management team has a demonstrated track record of making money and is backed by many of the industry's most notable ...

Yahoo Finance

Santacruz Announces Upsizing of Previously Announced Private Placement to CDN$14.1 Million With A Lead Order From Palisades Goldcorp
03/18/2021

Palisades' management team has a demonstrated track record of making money and is backed by many of the industry's most notable financiers. With junior resource equities valued at generational ...

Market Watch

Patagonia Gold Closes C$9.3 Million Private Placement with a lead order from Palisades Goldcorp Ltd.
03/10/2021

Palisades Goldcorp is Canada’s resource focused merchant bank. Palisades’ management team has a demonstrated track record of making money and is backed by many of the industry’s most notable ...

Yahoo Finance

Patagonia Gold Closes C$9.3 Million Private Placement with a lead order from Palisades Goldcorp Ltd.
03/10/2021

Palisades Goldcorp is Canada’s resource focused merchant bank. Palisades’ management team has a demonstrated track record of making money and is backed by many of the industry’s most notable financiers. With junior resource equities valued at ...

Yahoo Finance

Patagonia Gold Closes C$9.3 Million Private Placement with a lead order from Palisades Goldcorp Ltd.
03/10/2021

Palisades Goldcorp is Canada’s resource focused merchant bank. Palisades’ management team has a demonstrated track record of making money and is backed by many of the industry’s most notable financiers. With junior resource equities valued at ...

Yahoo Finance

Saratoga Investment Corp. Announces Closing of Public Offering of $50,000,000 4.375% Notes Due 2026
03/10/2021

Saratoga Investment Corp. owns two SBIC-licensed subsidiaries and manages a collateralized loan obligation (the “Saratoga CLO”) fund. It also owns 100% of the Class F-R-3 and subordinated notes of the $650 million Saratoga CLO. The Company’s diverse ...

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 2 $91,224,705
Venture Capital Fund 3 $49,238,892

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Private Funds



Employees




Brochure Summary

Overview

Palisades provides investment advisory services to venture capital and growth stage funds, including Palisades Ventures, L.P., Palisades Qualified Investors, L.P., Palisades Non-Qualified Investors, L.P. Palisades Growth Capital II, L.P. and Palisades Growth Capital III, LP (collectively, the “Palisades Funds” or the “Funds”, and each individually a “Fund” or a “Palisades Fund”), that are each exempt from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”) and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). Palisades is the investment adviser to each of the Palisades Funds with its principal place of business located in Los Angeles, CA. Palisades was formed as a Delaware limited liability company in 2000. As the investment adviser for each Palisades Fund, Palisades identifies investment opportunities and participates in the acquisition, management, monitoring and disposition of investments for each Palisades Fund. Palisades primarily provides investment advisory services related to venture capital and growth stage investments in Technology, Media & Telecommunications, and business services sectors (the “Target Sectors”). In addition to the Target Sectors, Palisades also provides investment advisory services related to venture capital and growth stage investments in Technology Enabled Sectors, including Healthcare Services, Consumer/Retail, Manufacturing Services, Environmental Services and Financial Services. These venture capital and growth stage investments generally take the form of privately-negotiated investment instruments. Palisades provides investment advisory services to each Palisades
Fund pursuant to a separate investment advisory agreement (each, an “Investment Advisory Agreement”). The terms of the management services to be provided by Palisades to a Palisades Fund, including any specific investment guidelines or restrictions, are set forth in each Fund’s Investment Advisory Agreement and in each Fund’s partnership agreement. Palisades or its related entities also may enter into side letter agreements with certain investors in the Palisades Funds, establishing rights under, or supplementing or altering the terms of, the applicable limited partnership agreements relating to such Palisades Funds with respect to such investors. While Palisades and its related entities have no obligation to offer any such additional rights, terms or conditions to any other investor in such Palisades Funds, Palisades and its related entities generally disclose the presence of such arrangements to all limited partners of the relevant Palisades Funds. Once invested in a Palisades Fund, investors cannot impose additional investment guidelines or restrictions on such Palisades Fund. Palisades reserves the rights to waive the minimum investment for certain investors within the Palisades Fund. In connection with the provision of its investment management services, Palisades entered into a Fund Administration Services Agreement (“FASA”) with Centre Partners Management LLC (“Centre”), an established third-party private equity firm to provide finance, bookkeeping, compliance, information technology and other administrative services to Palisades and the Palisades Funds. As of December 31, 2023, Palisades managed a total of $147,473,922 of client assets, all of which are managed on a discretionary basis.