Family Offices in Boston

AVALT, founded in 2015 and headquartered at 11 Arlington Street in Boston, Massachusetts, is a private equity family office that invests its own capital. It was established by Ian Reynolds, Marko Kivisto, and Mark Verdi—three former senior partners at Bain Capital with extensive experience in global private equity, portfolio operations, and corporate leadership. The firm operates as a family-office-style investment vehicle with permanent capital and no external LPs, allowing for long-term, flexible investment horizons. AVALT focuses on control or majority investments in mid-sized companies, often serving as the first institutional capital partner. Typical equity investments range from $25 million to $150 million, targeting companies with $5–35 million in EBITDA. Sector focus includes business services, healthcare, consumer products, industrials, and technology/media/telecom (TMT). The team takes a selective approach to dealmaking, concentrating on a small number of high-conviction investments to build strong partnerships with management. With more than $8 billion in realized equity across 40+ companies, the founders bring deep operational and financial expertise. AVALT adds value through strategic planning, M&A execution, and operational improvements—while minimizing unnecessary oversight. The firm's unique structure as a privately capitalized family office ensures close alignment with leadership teams and the flexibility to support sustainable, long-term business growth.

Cohere Capital is a growth-focused private equity firm that specializes in investing in leading middle-market businesses. The firm targets companies within the technology and services sectors, with a particular emphasis on tech-enabled services. Cohere Capital seeks to acquire majority or influential minority stakes in businesses that demonstrate strong growth potential, typically having an enterprise value of less than $250 million, EBITDA up to $20 million, and annual growth exceeding 10% or a well-defined growth thesis. The firm's investment strategy is rooted in its name, "Cohere," signifying a united and consistent approach to partnering with entrepreneurs and management teams to achieve sustainable growth.Founded in 2019 by Nik Shah and Daniel Gedney, Cohere Capital was established by experienced private equity executives with a combined track record of over 30 years in investing in and collaborating with growth companies. The firm successfully closed its debut fund, Cohere Capital Fund I, LP, at $200 million in 2020. Building on this success, Cohere Capital announced the closing of its second dedicated private equity fund, Cohere Capital Fund II, with over $215 million in commitments in January 2025.Cohere Capital's portfolio includes a diverse range of companies across its target sectors. Notable investments include FlexTecs, a leader in recovery audit and payment accuracy software; Leverege, a provider of AI-native software solutions based on IoT and VisionAI technology; Boostability, a global leader in SEO services for SMBs; Sonobi, an advertising technology marketplace; iPromote, a digital marketing technology platform; Promevo, a cloud consulting and IT services provider; CCS; and Clearscale, a cloud native provider of cloud consulting services.The firm's team is led by its co-founders, Managing Partner Nik Shah and Partner Daniel Gedney. The team also includes Mike Alberts (Principal, Head of Business Development), Hilary Foley (Principal, Portfolio Operations), Reid Glaser (Vice President), Patrick Martin (Vice President), Srikar Thammishetti (Senior Associate), Luke Ingersoll (Associate), and Elizabeth Banks (Analyst, Business Development). Their collective expertise is leveraged to provide both capital and operational guidance to portfolio companies, helping them solidify their foundations and execute growth plans.

Cresset Capital is an independent, award-winning multi-family office and private wealth management firm that serves ultra-high-net-worth (UHNW) families, entrepreneurs, and executives across the United States. The firm offers a comprehensive suite of services designed to optimize wealth and life, including holistic financial planning, sophisticated investment solutions, tax and estate strategies, and trust services. Cresset aims to provide clients with the insights, access, and innovation traditionally reserved for leading single-family offices and institutions.The firm's offerings extend to private investment opportunities, encompassing private equity, real estate, and private credit. They also provide specialized services such as pre-transaction planning, liquidity and exit planning for business owners, private banking services, insurance advisory, CFO services, estate planning, philanthropic planning, family governance, education, and lifestyle solutions. Cresset emphasizes a client-first, fiduciary approach, ensuring transparency and accountability in its wealth management strategies.Cresset was founded in 2017 by private equity investors Eric Becker and Avy Stein. Their motivation stemmed from their own experiences with existing wealth management approaches, which they felt lacked the comprehensive, personalized services and access to institutional-quality private investment opportunities that UHNW individuals and families deserved. The founders envisioned creating a firm that was client and employee-owned, built to endure for over a century, and rooted in excellence, transparency, and partnership.The leadership team at Cresset includes founders Eric Becker and Avy Stein, along with key executives such as Susie Cranston (CEO effective April 15, 2026), Doug Regan (Founding Partner and Co-Chairman), Mike Silverman (Chief Investment Officer), Jack Ablin (Chief Investment Strategist), Paul Algreen (Chief Technology Officer), Michael Costabile (Chief Financial Officer), and Amy Hong (Chief Operating Officer). This team brings extensive experience in investment management, financial planning, and operational leadership, enabling Cresset to deliver sophisticated and integrated wealth management solutions to its diverse clientele.

JMCR Partners operates as an investment firm, primarily functioning as a family office that manages the private assets of its founder's family and close relations. The firm, also known as JMCR Family Office, deploys capital through affiliated vehicles like JMCR Capital and JMRE. Their investment strategy focuses on private equity, quantitative strategies, and real assets. They have a particular interest in life sciences and technology ventures, aiming to identify and support promising ventures across various stages of development.Established in 2013, JMCR Partners was founded by biotech entrepreneur Jun Mao. The firm's inception was driven by the need to manage the Mao family's global assets, expanding to include investments for close relations. It operates with the philosophy that effective asset management for others stems from first successfully managing one's own, building a foundation of trust and expertise.JMCR Partners has made several investments, with a portfolio that includes companies such as Eubulus Biotherapeutics, Tekeluo Biotech, Viva Biotech, Riparian Pharmaceuticals, and Bonti. Their investments have spanned various stages, including early-stage venture capital and Series B rounds, particularly within the biotechnology and life sciences sectors. The firm typically invests in deals ranging from 1 to 10 million dollars.The firm's team includes its founder, Jun Mao, a seasoned biotech entrepreneur. JMCR Partners has cultivated a stable network with an elite team across its offices in Hong Kong, London, and Boston, leveraging their collective expertise in private equity and quantitative investment strategies to drive successful outcomes for their portfolio companies.

Raptor Group is the family office of investor Jim Pallotta, founded in 2009 and headquartered in Boston. The firm invests across various stages and asset classes, from early stage venture to public equity, with a focus on technology, fintech, sports, consumer, media, entertainment, and healthcare. Before founding Raptor Group, Pallotta oversaw a $12 billion portfolio at Tudor Investment Corp as vice chairman. Notable investments include Airbnb, Coupang, and Uber.