# 922 Capital

922 Capital is an Asset Manager based in San Francisco, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** San Francisco, United States
- **Region:** Europe
- **Address:** San Francisco, CA, United States
- **Assets under management:** Undisclosed
- **Website:** https://922capital.co

## Regulatory record

- **Reports private funds:** No

## About

The firm's known focus falls within private credit — typically middle-market lending, structured solutions, or special situations. Its distributed office model, with no single dominant hub, is atypical for a credit shop of its apparent size and points toward a lean, partnership-driven structure rather than a scaled institutional platform. No fund closes, portfolio company names, or co-investor references are currently verifiable in the public domain. The absence of disclosed AUM, team size, or vehicle structures limits any assessment of institutional scale. The firm may operate on a deal-by-deal capital-raising model or maintain a single permanent capital vehicle. Its presence in multiple US cities alongside Amsterdam could support a sourcing network for cross-border credit opportunities, but this remains structural inference rather than confirmed fact. 922 Capital's structural differentiator, insofar as one can be identified, is its deliberate opacity — it operates without a known website or LinkedIn presence, does not publish marketing materials, and leaves no public paper trail of its investment activity.

## Sectors

- Private Credit

## Offices

- San Mateo, CA
- Miami, FL
- Boston, MA
- Amsterdam, Netherlands

## Questions

### Who runs 922 Capital and what is their background?

The firm's principals are not publicly identified. 922 Capital maintains no website, no LinkedIn company page, and no regulatory filings that name controlling persons. This level of operational privacy is unusual but not unprecedented in the private credit space, particularly among firms that raise capital exclusively from a small network of family offices or high-net-worth individuals rather than institutional LPs.

### Does 922 Capital manage discretionary funds or raise capital deal-by-deal?

There is no public record of any fund vehicle, closed-end fund, or permanent capital vehicle managed by 922 Capital. Its capital-raising structure is therefore unknown. Firms operating with similar opacity and multi-city footprints often use special purpose vehicles (SPVs) on a deal-by-deal basis, but that remains speculative in 922 Capital's case.

### Why does 922 Capital have offices in Amsterdam alongside multiple US cities?

A European presence, particularly in Amsterdam, can serve several purposes in private credit: sourcing European middle-market borrowers underserved by banks, structuring tax-efficient vehicles for international LPs, or managing cross-border lending transactions. Without public documentation, the specific role of the Amsterdam office is not confirmed.

## Related profiles

- [Frontgrade Technologies](https://altss.com/profile/frontgrade-technologies)
- [PAKA Capital](https://altss.com/profile/paka-capital)

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Last updated: 2026-08-11T02:43:31.692Z

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