Fund of FundsRIA · CRD 308010SEC-Registered

Updated:

PMV

PMV Capital focuses on diversification across the risk spectrum and efficient risk management. Its strategies are built around diversification across multiple...

PMV

PMV Capital focuses on diversification across the risk spectrum and efficient risk management. Its strategies are built around diversification across multiple sources of return and are designed to seek lower portfolio risk and improved risk-adjusted returns. Offerings include the PMV ARP ETF and multi-asset and hedged equity portfolio series for advisors and investors.

General information

Firm type

Generic

Year founded

2022

Location

Region

Europe

Country

Belgium

City

Dallas

Corporate office

Brussels, Belgium

Principals

Daniel Snover

Founder & Chief Investment Officer

Daniel Snover

President & Chief Investment Officer

Mark DiGiannantonio

Chief Operating Officer

Andrew Nall

Chief Compliance Officer

James Leffler

Head of Capital Strategy

Sector focus

Growth Capital

Frequently asked questions

What is PMV's investment mandate?

PMV operates as the Flemish regional government's investment vehicle with a dual financial and economic development mandate. It runs a fund-of-funds strategy focused on growth capital, committing to external private equity managers who invest in scaling companies. The structure allows PMV to act as an anchor LP while generating returns that support Flanders' broader economic ecosystem.

Is PMV structured as a sovereign wealth fund or a development finance institution?

PMV is best characterized as a sub-national government investment entity. It differs from a sovereign wealth fund in its regional rather than national scope, and from pure development finance institutions in its explicit financial return mandate alongside economic development goals. The hybrid structure sits at the intersection of public balance-sheet investing and institutional fund-of-funds management.

What is PMV's geographic investment focus?

PMV's geographic mandate is tied to the Flanders region of Belgium. The firm backs fund managers with a connection to, presence in, or investment strategy focused on Flanders and the broader Benelux market. This regional anchoring differentiates it from pan-European fund-of-funds platforms that allocate capital without geographic constraints.

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