Palmer Square Founders Consider Sale of $37B Credit Firm

Key Facts

1Chris and Angie Long, the co-founders of Palmer Square Capital Management, are considering a sale of the credit firm.

2Palmer Square Capital Management oversees approximately $37 billion in credit assets.

In a move reflecting the growing M&A activity within the alternative asset management sector, Chris and Angie Long, the co-founders of Palmer Square Capital Management, are considering a sale of the firm. According to reports, the founders are exploring strategic options for the future ownership of the business. This potential divestment marks a significant moment for the credit-focused firm as it evaluates its long-term corporate structure.

Palmer Square Capital Management currently oversees approximately $37 billion in credit assets, positioning it as a substantial player in the specialized credit markets. The consideration of a sale comes as institutional interest in credit platforms remains high, with the founders reportedly looking at various paths for the firm they established. No specific acquirers have been named at this stage of the deliberations.

As of September 10, 2026, market price data for the private entity remains unavailable, and the impact on the broader sector will depend on the final valuation and buyer profile. Investors should monitor upcoming credit market catalysts and broader economic indicators, as these factors typically influence the pricing of asset management firms during acquisition talks.