Asset ManagerRIA · CRD 109673SEC-Registered

Updated:

Advanced Capital

Advanced Capital is an SEC-registered investment adviser in Minneapolis, MN, registered since 2006. The firm manages $30.0 billion in assets, $1.7 billion on a...

Advanced Capital logo

Advanced Capital

Advanced Capital is an SEC-registered investment adviser in Minneapolis, MN, registered since 2006. The firm manages $30.0 billion in assets, $1.7 billion on a discretionary basis. It has 22 employees and 11 investment advisers.

General information

Firm type

Generalist

Year founded

1998

Location

Region

Europe

Country

Italy

City

Minneapolis

Corporate office

Milan, Italy

Principals

Roberto Ruozi

Founder and President

Frequently asked questions

Who runs investment decisions at Advanced Capital?

Founder Roberto Ruozi leads the firm. A former academic economist and president of the Italian Banking Association (2000–2002), Ruozi built Advanced Capital after a career that spans public policy and financial regulation. The firm has not publicly identified a separate CIO or a named investment committee with decision-making authority independent of the founder.

Is Advanced Capital a single family office or an asset manager?

Advanced Capital is an independent asset manager, not a family office. It manages capital for institutional and private clients through a fund-of-funds architecture and direct mandates rather than stewarding a single family's wealth. The firm's independence from any banking group or family patrimony is a defining structural feature.

Does Advanced Capital run direct investments or only fund-of-funds?

The firm uses a hybrid model. Its alternative strategies are structured primarily as fund-of-funds, allocating to external managers across private debt, real assets, and liquid absolute return. For institutional clients, it also runs direct mandates where it controls tactical asset allocation, combining direct security selection with external manager selection depending on the mandate.

How is Advanced Capital related to the Italian banking system?

The firm is structurally independent — it is not owned by, affiliated with, or captive to any Italian bank. Founder Roberto Ruozi's prior role as president of the Italian Banking Association gave him deep regulatory and institutional relationships, but Advanced Capital itself operates as an owner-managed firm with no distribution network tied to a banking parent.

What is Advanced Capital's known posture on liquidity and redemption terms?

The firm's core philosophy emphasizes risk-constrained, absolute-return construction rather than benchmark-relative performance. In practice, this means portfolios are designed with capital preservation as the primary objective. Specific liquidity terms, lock-ups, or redemption frequencies vary by fund and mandate and are not publicly standardized across the platform.

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.

Need institutional-grade insight on registered investment advisers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Minneapolis Generalist profiles