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Galliard Capital Management
GALLIARD CAPITAL MANAGEMENT is an SEC-registered investment adviser in MINNEAPOLIS, MN, registered since 1995. The firm manages $80.3 billion in assets, $79.2...
Galliard Capital Management
GALLIARD CAPITAL MANAGEMENT is an SEC-registered investment adviser in MINNEAPOLIS, MN, registered since 1995. The firm manages $80.3 billion in assets, $79.2 billion on a discretionary basis. It has 89 employees and 20 investment advisers.
General information
Firm type
null
Year founded
1995
AUM
$250B (per Galliard's public disclosures, 2025)
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
Minneapolis, MN, United States
Principals
Thomas J. Frank
CEO
David W. Faerber
President
Adrian E. Cronin
CIO
Sector focus
Frequently asked questions
Who runs the investment decisions at Galliard Capital Management?
Adrian Cronin serves as Chief Investment Officer, responsible for fixed-income and real-asset strategies across Galliard's separate accounts and funds. The investment committee includes CEO Thomas Frank and President David Faerber, who set overall firm strategy.
Is Galliard Capital Management structured as an independent firm or a unit of Allspring Global Investments?
Galliard operates as an autonomous subsidiary of Allspring. It maintains a separate investment committee, trading desk, and brand identity while using Allspring's distribution, compliance, and operations.
What asset classes does Galliard typically invest in?
Galliard's core focus is fixed-income: investment-grade credit, high-yield bonds, emerging-market debt, and securitized products. It also manages real assets including infrastructure private credit and treasury mandates for institutional clients. It does not manage hedge funds or direct private equity.
What is Galliard's known posture on direct co-investments with external GPs?
Galliard does not typically pursue direct equity co-investments; it operates as an OCIO allocating to external managers and through its own commingled funds. Its infrastructure fund is a commingled vehicle, not a co-investment platform (per Pensions & Investments, August 2024).
Does Galliard maintain philanthropic or family-office structures?
No. Galliard is an SEC-registered investment adviser serving institutional clients. It does not have a family-office or philanthropic arm; it is a commercial asset management subsidiary of Allspring.
How many professionals work at Galliard, and where are they located?
The firm has roughly 75 employees, all based in its Minneapolis headquarters. Galliard has not opened any additional offices.
Which sectors does Galliard explicitly avoid?
Galliard does not invest in direct private equity, venture capital, or hedge funds. Its mandates focus on fixed-income, real assets, and cash management.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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