Polychain Capital LP (San Francisco)


Polychain Capital LP is a large advisory firm based in San Francisco. It manages $591.52 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Polychain Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Polychain Capital: assets under management

The assets under management (AUM) of Polychain Capital LP is $591.52 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -43% since the beginning of its operation, and $106.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $591.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.77 million each.
Polychain Capital has custody of $72.43 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Polychain Capital LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Polychain Capital serves?

The only and largest group of clients of Polychain Capital is pooled investment vehicles with 11 clients and $591.52 million of assets under management. Among the 8 most similar advisory firms, Polychain Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $591.52 million for 11 clients. 55% of the firm’s clients are foreign persons or businesses.

Polychain Capital also advises several private funds. Namely, two hedge funds and three private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Polychain Capital LP

The company employs 19 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Olaf Carlson Wee has served as the Chief Investment Officer since 1 Aug 2016. Ruby G Sekhon joined the executive team most recently as the Chief Compliance Officer, General Counsel.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Olaf Carlson Wee Chief investment officer 1 Aug 2016 75% - 100% 6698794
Ryan Jack Zurrer Venture partner 1 Dec 2016 Other 6915731
Lp Usv 2016 Member 1 Dec 2016 Other 81-1728623
Pantera Venture Fund Ii Lp Member 1 Jan 2017 Other 46-4918030
Joseph Deangelis Eagan Chief compliance officer, chief operating officer 1 Oct 2017 Other 5517074
Polychain Meta Llc General partner 1 Oct 2017 Other 82-3189694
Matt Perona Chief financial officer, chief operating officer 1 Mar 2018 Other 6446433
Ruby G Sekhon Chief compliance officer, general counsel 1 Jul 2018 Other 5439238

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Olaf Carlson Wee Managing member 1 Oct 2017 75% - 100% 6698794

Based in San Francisco

The principal office where Polychain Capital LP performs its advisory services is located at See Schedule D., San Francisco, CA 94103, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-633-5108. The normal business hours are 10:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at polychain.capital/ and its LinkedIn profile.