# Appalachian Capital

Appalachian Capital is a Multi Family Office based in St. Clairsville, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** St. Clairsville, United States
- **Region:** North America
- **Address:** New Albany, OH, United States
- **Founded:** 2013
- **Assets under management:** 148 (Altss estimate)
- **Website:** appcapholdings.com
- **LinkedIn:** https://www.linkedin.com/company/appalachian-capital

## Regulatory record

- **CRD number:** 120038
- **SEC file number:** 801-130291
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-16T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/120038

## About

Appalachian Capital was established in 2013 by Jason Allevato after his time at Olympus Partners and McKinsey. The firm manages assets for select families and individuals with a focus on evergreen equity rather than closed-end funds. The firm commits to private equity, private credit, and secondaries. It targets buyout and growth stages with EBITDA between $3 million and $25 million. Confirmed positions include Fairwood Brands alongside Crane Group and L.M.L. Estate Management alongside Corbel Capital Partners. Footprint centers on greater Appalachia while extending into the Midwest, Mid-Atlantic, and Southeast plus Texas. Appalachian Capital maintains an estimated $148 million under management. It holds additional assets through the Somerset Land Development Project and Opportunity Zone vehicles in Appalachia. The firm belongs to the New Albany Chamber of Commerce and ranks among Axial's most active family offices. Permanent capital allows Appalachian Capital to hold investments across generations instead of exiting on fund cycles. This structure aligns ownership incentives directly with business owners undergoing generational transition or platform scaling.

## Sectors

- Industrial Tech
- Supply Chain & Logistics
- Sports & Wellness
- Healthcare Services
- AgriTech & FoodTech

## People

- Jason Allevato — Founder and Managing Partner

## Questions

### Who runs investment decisions at Appalachian Capital?

Jason Allevato serves as Founder and Managing Partner. Puneet Sanan serves as Co-founder and Managing Partner.

### Does Appalachian Capital participate in fund commitments or only direct deals?

The firm executes direct minority, majority, and buyout investments. It also structures co-investments with partners such as Crane Group and Corbel Capital Partners.

### What investment stages does Appalachian Capital typically target?

The firm focuses on buyout and growth equity. Target companies show EBITDA from $3 million to $25 million and enterprise values from $8 million to $200 million.

### Where does Appalachian Capital deploy capital geographically?

Primary activity occurs in greater Appalachia. Additional activity reaches the Midwest, Mid-Atlantic, Southeast, and Texas.

### How does Appalachian Capital source proprietary deal flow?

The firm draws on relationships in the New Albany Chamber of Commerce and Axial platform. It also receives referrals from prior co-investors and regional business owners.

### What asset classes does Appalachian Capital use?

The firm deploys across private equity, private credit, and secondaries. It also holds real-asset positions through mixed-use development and Opportunity Zone vehicles.

## Related profiles

- [PeachCap](https://altss.com/profile/peachcap)
- [Broyhill Family Office](https://altss.com/profile/broyhill-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/appalachian-capital

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