Ping Capital Management, Ltd (Georgetown, Grand Cayman)


Ping Capital Management, Ltd is a large advisory firm based in Georgetown, Grand Cayman. It manages $199.32 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2011.

Ping Capital Management 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.

Ping Capital Management: assets under management

The assets under management (AUM) of Ping Capital Management, Ltd is $199.32 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -2% since the beginning of its operation, and $153.48 million of the total AUM is attributable to clients outside of the United States.

The firm manages $199.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.22 million each.
Ping Capital Management has custody of $199.32 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 Ping Capital Management, Ltd 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 Ping Capital Management serves?

The only and largest group of clients of Ping Capital Management is pooled investment vehicles with 6 clients and $199.32 million of assets under management. Among the 10 most similar advisory firms, Ping Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $199.32 million for 6 clients. 77% of the firm’s clients are foreign persons or businesses.

Ping Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Ping Capital Management, Ltd

The company employs 13 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Wade Christopher Boylan joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ping Jiang Chief executive officer/managing member 1 Feb 2008 75% - 100% 2651941
Francis Ambrose Paxson Chief compliance officer/chief financial officer 1 Feb 2008 Other 2444790
Ivan Garvalov Chief risk officer 1 Mar 2015 Other 5206786
John Michael Lepore Chief financial officer 1 Aug 2016 Other 3244626
Wade Christopher Boylan Chief compliance officer 1 Feb 2018 Other 5315272

Based in Georgetown, Grand Cayman

The principal office where Ping Capital Management, Ltd performs its advisory services is located at C/O Campbell Corporate Services Ltd, Georgetown, Grand Cayman, Ky1 1104 The mailing address of the firm is 1185 Avenue Of The Americas, New York, NY 10036. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-257-6850 or by fax 646-429-1518. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at pingfinancial.com.