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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 6 20.00%
of those in investment advisory functions 6 20.00%
Registration SEC, Approved, 8/10/2001
AUM* 304,649,439 14.08%
of that, discretionary 300,140,507 14.02%
Private Fund GAV* 14,726,513 96.90%
Avg Account Size 928,809 29.39%
% High Net Worth 60.36% -0.75%
SMA’s Yes
Private Funds 2 1
Contact Info 201 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management

Recent News

Reported AUM

Discretionary
Non-discretionary
373M 320M 267M 213M 160M 107M 53M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$14,726,513

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Brochure Summary

Overview

Hudson Canyon, organized under the laws of Delaware, was founded in June 2001. On September 16, 2017, Hudson Canyon acquired the assets of Princeton Capital Management Inc. (founded in 1988) and changed its name from Hudson Canyon Investment Counselors LLC to Princeton Capital Management LLC (hereafter referred to as “Princeton Capital”). Joseph Cajigal is the Chief Executive Officer and an owner of Princeton Capital. Alfred Berkeley is the Chairman of Princeton Capital and R. Hugh Fitzpatrick is President of Princeton Capital, each of whom are owners of Princeton Capital through their ownership interests in Princeton Capital Management Inc. Princeton Capital provides (i) investment management services to foundations, endowments, corporations, and private clients through separately managed accounts; (ii) investment management services to two affiliated investment limited partnerships, Hudson Farol Capital Partners L.P. (“Hudson Farol”) and Hulfish Lane finCap Partners LP (“Hulfish Lane”), long- short equity funds; (iii) investment supervisory services for individuals, family offices and institutions; and (iv) sub- advisory services by providing model portfolios to broker-dealers and other registered investment advisors. Princeton Capital has definite standards of education and business experience required of all persons that manage portfolios, provide performance analysis or provide investment advice to clients. Such background includes appropriate college degrees, meaningful financial experience, and/or advanced degrees in finance or related fields. Our current requirements are a college degree and an advanced degree or a minimum of 5 years of experience in the financial industry. See the accompanying Brochure Supplement ADV Part 2B for biographical information. Joseph Cajigal, Chief Executive Officer of Princeton Capital, is a managing member of Farol Management LLC (“Farol”). Farol serves as a General Partner to and employs Princeton Capital as investment advisor to Hudson Farol. Joseph Cajigal is also the managing member of Navesink Global Management LLC (“Navesink”). Navesink serves as a General Partner to and employs Princeton Capital Management as investment advisor to Hulfish Lane. Princeton Capital acts solely as investment advisor and has no financial interest in the partnerships. Our approach to investing is geared to a single goal: to deliver performance returns for our clients while managing the risks associated to the process. We invest with a long-term investment focus, incorporating, based on the strategy, both fundamental and/or technical analysis and utilizing individual securities, options and third-party fund products. Princeton Capital’s management of client portfolios is generally on a fully discretionary basis. As of December 31, 2023 the total assets under management were approximately $304.6 million consisting of $300.1 million in discretionary assets under management and $4.5 million of assets under management on a non-discretionary basis. Princeton Capital also manages $260
million assets under advisement. Princeton Capital typically solicits private clients with minimum liquid net assets of $500,000 and institutions with minimum liquid net assets of $5 million. We will, however, at our discretion, accept clients with assets which fall below the above mentioned levels, on a case-by-case basis. Wrap-Fee Programs We also offer separately managed account programs (also known as “SMA” programs) to individual investors through platforms sponsored by intermediaries. There are several different forms of SMA programs and several differences between how Princeton Capital manages SMA accounts compared to other discretionary accounts. Unlike most of our client relationships, SMA clients do not pay a fee directly to Princeton Capital but rather we receive a portion of the wrap fee for our investment management services. SMA clients have limited direct contact with Princeton Capital investment professionals. SMA clients may maintain asset levels below the minimum account sizes for our Private Client and Institutional services. Model Platform Services Princeton Capital participates in a number of “Model Platforms” where we provide our client that is a financial services provider (a Model Platform Sponsor) with information about the investment program of one or more of our proprietary strategies. The Model Platform Sponsor makes our proprietary strategies available to its clients as investment options. Other than providing our investment program for our proprietary strategy and updates thereon, we provide no other services, and have no other responsibilities or obligations with regards to the Model Platform Sponsor or its clients. In consideration for our investment management services provided under these programs, we receive a portion of the total fee charged to the client of the Model Platform Sponsor. Princeton Capital Management LLC 5 March 31, 2024 Investment Strategies offered by Princeton Capital The current investment strategies offered are:
• All Cap GARP Equity Management
• All Cap Concentrated GARP Equity Management
• All Cap GARP Balanced Management
• All Cap Growth Equity Management
• All Cap Concentrated Growth Equity Management
• Large Cap Blend Equity Management
• Large Cap Core Growth Equity Management
• Large Cap Blend Balanced Management
• Small Cap - Young Enterprise Shares (YES)
• Tactical Asset Management The portfolio manager is responsible for understanding each client’s goals, financial profile and risk tolerance, as well as any restrictions applicable to the client’s accounts. We recognize that each client possesses a unique profile and we adjust portfolio strategy and positions accordingly. Our process is designed to package our capital markets expertise into a highly personalized product. Princeton Capital does not consider the above services “financial planning” or any similar term.