Clients
Pennymac Capital Management serves 1 clients. The average client has about $21.3 billion with the firm.
- Pooled investment vehicles1 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 1 | $21,346,882,000 | 100.0% | $21.35B |
| Total | 1 | $21,346,882,000 | 100% | $21.35B |
- Clients
- 1
- Regulatory AUM
- $21,346,882,000
- Share
- 100.0%
- Avg. per client
- $21.35B
Total
- Clients
- 1
- Regulatory AUM
- $21,346,882,000
- Share
- 100%
- Avg. per client
- $21.35B
What it does
Pennymac Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Pennymac Capital Management advises no private funds.
100.0% of assets ($21.35B across 1 account) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Pennymac Capital Management has custody of $21.35B for 1 clients.
- All other custodians$21.35B100%
Ownership and leadership
Private National Mortgage Acceptance Company, LLC owns 75% or more of Pennymac Capital Management, and David Spector is its CEO.
- Owns 75% or more of Pennymac Capital Management, LLC
Private National Mortgage Acceptance Company, LLC
Control person · since March 2008
- Owns 50% to 75% of Private National Mortgage Acceptance Company, LLC
Pennymac Financial Services, Inc.
Control person · since November 2013
- Owns 25% to 50% of Private National Mortgage Acceptance Company, LLC
Pnmac Holdings, Inc.
Control person · since November 2018
Leadership
- David SpectorChairman and Chief Executive Officer
- Doug JonesPresident and Chief Mortgage Banking Officer
- Daniel PerottiSenior Managing Director and Chief Financial Officer
- Derrick ZandpourChief Compliance Officer
- Marshall SebringSenior Managing Director and Chief Investment Officer
- Derek StarkSenior Managing Director, Chief Legal Officer and Secretary
Staff
- 44 employees
- 37 in advisory functions
Fees
Pennymac Capital Management is paid through a percentage of assets under management and performance-based fees.
Pennymac Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Pennymac Capital Management has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- 3043 Townsgate Road, Westlake VillageHQ
Nevada · 1 listed address
- 10845 Griffith Peak Drive, Las Vegas
Registration details
- Legal name
- Pennymac Capital Management, LLC
- Headquarters
- 3043 Townsgate Road, Westlake Village, CA 91361-3027
- Phone
- 805-849-3193
- Website
- Not reported
- SEC file
- 801-69113
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Pennymac Capital Management have?
Pennymac Capital Management has 1 clients and manages $21.3 billion for them, as of February 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 February 2026
What services does Pennymac Capital Management offer?
Pennymac Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Pennymac Capital Management have?
Pennymac Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 44 employees, and 37 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Pennymac Capital Management?
Pennymac Capital Management is owned through a holding company by Pennymac Financial Services, Inc. and Pnmac Holdings, Inc. Its direct owner is Private National Mortgage Acceptance Company, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 February 2026
How does Pennymac Capital Management get paid?
Pennymac Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
