Asset ManagerRIA · CRD 116077SEC-Registered

Updated:

Hermens Capital Management

Hermens Capital Management, Inc is an SEC-registered investment adviser. The firm manages approximately $54 million in regulatory assets. It has 1 employee and...

Hermens Capital Management

Hermens Capital Management, Inc is an SEC-registered investment adviser. The firm manages approximately $54 million in regulatory assets. It has 1 employee and 1 investment adviser.

General information

Firm type

RIA

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Frank Hermens

CEO & Chief Investment Officer

Robert Hermens

President

Sector focus

Enterprise SoftwareDigital HealthAI/MLPrivate Credit

Frequently asked questions

Who runs investment decisions at Hermens Capital Management?

Frank Hermens serves as CEO and Chief Investment Officer, making final investment decisions. Robert Hermens holds the role of President (per the firm's website). The firm's investment committee structure is not publicly disclosed.

What investment stages does Hermens Capital Management typically target?

The firm focuses on growth-stage companies, typically Series B through pre-IPO rounds, where it provides both equity and credit capital (per the firm's website). It does not appear to participate in early-stage seed or Series A rounds.

Does Hermens Capital Management participate in fund commitments or only direct deals?

The firm appears to focus on direct investments, both as a lead investor and as a co-investor alongside other institutional investors. It has not been identified as a limited partner in external funds (per public record).

Which sectors does Hermens Capital Management explicitly avoid?

The firm's website states a focus on technology and healthcare, but does not list excluded sectors. Public inference suggests it avoids real estate, energy, and consumer retail, as those are not listed in its focus areas (per public record).

Is Hermens Capital Management structured as a family office or an asset manager?

The firm is registered as an SEC investment adviser (RIA) and operates as an asset manager, not a family office. However, its concentrated portfolio and low profile suggest it may manage capital for a limited number of high-net-worth clients or a family group (per public record).

Where does the underlying wealth come from at Hermens Capital Management?

The firm does not publicly disclose the origin of its capital. The Hermens family's wealth background remains undisclosed in public sources (per public record).

What is Hermens Capital Management's known posture on co-investments?

The firm's website indicates a willingness to co-invest alongside institutional partners. It does not act as a fund-of-funds but partners with other investors on a deal-by-deal basis (per the firm's website).

Profile maintained by 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.

Need institutional-grade insight on registered investment advisers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More San Francisco RIA profiles