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RAND CAPITAL MANAGEMENT
Legal name: RAND CAPITAL MANAGEMENT LLC
CRD 304504File 801-116971
APPROVED
Custody
Filing as of Mar 31, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$136.7M
Bottom 25% of cohort (national)
Discretionary AUM
$136.7M
Clients
4
4 accounts
Employees
10
Bottom 25% of cohort in NY
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- NYRO
- Registration date
- Jul 17, 2019
- Principal office
- 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO, NY, 14203
- Phone
- 617-880-7494
- Website
- https://www.randcapital.com/
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $136.7M
- Discretionary AUM
- $136.7M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 4
- Non-discretionary accounts
- 0
- Total accounts
- 4
- AUM per client
- $34.2M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Investment companies | 1 | $7.7M |
| Pooled investment vehicles | 2 | $75.8M |
| Business development companies | 1 | $53.2M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Other (described) — PERFORMANCE, TRANSACTION CLOSING, MONITORING
- A percentage of assets under your management
Advisory activities
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To |
|---|---|---|---|
| Aug 12, 2026 | Registration | — | APPROVED |
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.