APC ASSET DEVELOPMENT II, LP

RIASEC RegisteredEst. 2023
Total AUM
$2.1B
Discretionary
$2.1B
100% of AUM
Avg account
$343M
Accounts
6
Employees
46
Advisory reps
4

Firm details

Headquarters
NEWPORT BEACH, California
CRD number
328587
Registered since
October 23, 2023
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles100%
Services
Portfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

APC Asset Development II, LP is a limited partnership that functions as a pooled-investment manager focused on securitized assets and private equity. Registered with the SEC in 2023, the firm serves an institutional client base and operates as an adviser and sponsor to pooled vehicles, acting in roles that can include general partner and managing member. Its advisory mandate centers on portfolio management for pooled investment vehicles rather than direct wealth advisory to individuals, and its business model blends a percentage-of-AUM fee with performance-based fees. Investment activity is concentrated in structured and securitized exposures alongside smaller private equity allocations. The firm does not position itself as an active ESG investor. It is not a capital allocator in the sense of running separate external allocation programs, and it does not act as a pension consultant or related adviser. APC Asset Development II, LP’s operating profile and filings indicate a manager-oriented approach—sourcing, structuring and managing closed or semi-closed pooled funds rather than running broad multi-client discretionary wrap platforms.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Owners & executives

2 of 2
  • DOMINIC NOLAN

    Chief Executive OfficerCRD 4026940

  • Joshua Schwab

    Chief Financial OfficerCRD 7051012

Contacts

2 of 2
  • CAROL RUMSEY

    Assistant Vice PresidentCRD 6607444

  • JOSEPH LALLANDE

    OwnerCRD 3136071

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

NEWPORT BEACH, CA

ORANGE

Location

NEWPORT BEACH, CA

Headquartered in NEWPORT BEACH, CA, anchoring the Los Angeles-Long Beach, CA metro in the West.

Metro area
Los Angeles-Long Beach, CA
Region
West
County
ORANGE
Address
840 Newport Center Dr
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth