Single Family Office

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39 North Capital

39 North Capital traces to 2016 when Jacob Bruckner and Jacob Roffman established the office to manage wealth created by the Bruckner family’s Eastbridge...

39 North Capital logo

39 North Capital

39 North Capital traces to 2016 when Jacob Bruckner and Jacob Roffman established the office to manage wealth created by the Bruckner family’s Eastbridge Group. Yaron Bruckner had built Eastbridge through retail partnerships across Central and Eastern Europe before his death in 2013; subsequent New York real estate conversions supplied the diversified base. The office targets mature, cash-generating U.S. multi-unit retail and business services companies. It also holds direct real estate positions including 70 Pine Street, 110 Wall Street, and 20 Exchange Place. Capital is deployed through direct ownership and joint ventures rather than fund commitments. Geographic focus remains the United States with legacy exposure to Central and Eastern Europe through the family’s original holdings. The team lists five named professionals and maintains membership in YPO Metro New York for Jacob Roffman. Adjacent vehicles include the Matanel Foundation. No additional offices are disclosed. No operational events from the last 24 months appear in public records. The office maintains a single-family mandate with investment decisions retained by the founding principals and one external senior advisor, Frank Sica. This keeps governance inside the family and its closest partners rather than through a larger professional staff or external allocator network.

General information

Firm type

Single Family Office

Year founded

2016

AUM

1500 (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Jacob Bruckner

Principal

Jacob Roffman

Co-Founder and Managing Partner

Timothy Lucey

Partner

Frank Sica

Senior Advisor

Sector focus

Real Estate

Frequently asked questions

Who runs investment decisions at 39 North Capital?

Jacob Roffman serves as Co-Founder and Managing Partner. Jacob Bruckner acts as Principal. Timothy Lucey holds the Partner title. Frank Sica provides senior advisory input.

Where does the underlying wealth come from?

The capital originates from the Bruckner family’s Eastbridge Group. Eastbridge developed retail partnerships in Central and Eastern Europe and later converted properties in New York.

Does 39 North Capital participate in fund commitments or only direct deals?

The office invests through direct ownership and joint ventures. No fund commitments are referenced in available records.

What asset classes receive capital?

Allocations center on mature U.S. multi-unit retail, business services companies, and Manhattan mixed-use and residential buildings.

How is 39 North Capital related to the Matanel Foundation?

Joelle Bruckner co-founded the Matanel Foundation. The foundation sits alongside the family office as a separate philanthropic vehicle.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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