Multi-Family Office

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Atmos Capital

Atmos Capital was established in 2016 by brothers David and Andrew Carpentier.

Atmos Capital

Atmos Capital was established in 2016 by brothers David and Andrew Carpentier. The firm operates as a multi-family office based in New York, deploying capital on behalf of a small circle of private families. David Carpentier previously spent a decade at Goldman Sachs in principal investing and merchant banking roles, a background that shaped the firm's early transactional DNA before it narrowed toward structured growth investing. The firm targets minority and control growth-equity opportunities across the technology and business-services landscape. Active subsectors include enterprise software, financial technology, and applied AI. Atmos typically structures investments as direct co-investments using special-purpose vehicles, pooling its own capital alongside the families it advises. The group has previously engaged across a range of company stages, from Series B through pre-IPO, and has participated in rounds led by established venture and crossover funds. Its geographic focus centers on North America, with selective exposure in Western Europe. Atmos maintains a lean structure consistent with a multi-family office that prioritizes deal-by-deal alignment over gathering permanent institutional AUM. The firm lists a New York headquarters and does not disclose total deployment. In recent reporting cycles, it has been observed actively participating in late-stage venture rounds, with an operational cadence governed by the two founders directly. No dedicated philanthropic arm or separately branded real-asset vehicle is publicly associated with the group. A structural differentiator for Atmos is its merchant-banking lineage: most multi-family offices emerge from wealth management, while Atmos evolved from opportunistic principal investing. This shapes a posture closer to a partner-owned deal shop than an allocator-driven family office, with investment decisions resting in a concentrated partnership rather than a broad investment committee.

General information

Firm type

Multi Family Office

Year founded

2016

AUM

$250M–$750M (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

David Carpentier

Co-Founder & CEO

Andrew Carpentier

Co-Founder

Sector focus

Enterprise SoftwareAI/MLFinTechClimateTech

Frequently asked questions

Who runs investment decisions at Atmos Capital?

Co-founders David Carpentier and Andrew Carpentier lead deal sourcing and execution. David Carpentier brought principal-investing experience from Goldman Sachs, where he spent roughly a decade before launching Atmos. The firm operates with a concentrated decision-making structure centered on the two partners.

How does Atmos Capital structure its investments?

Atmos favors direct co-investments using special-purpose vehicles, which allows the families it represents to participate alongside the firm's own capital on a deal-by-deal basis. This contrasts with the blind-pool fund model and provides individual families discretion over which opportunities to join.

Is Atmos Capital a venture firm or a family office?

Atmos is structured as a multi-family office rather than a venture firm, but its investment posture — writing growth-equity checks, participating in venture rounds, and using SPVs — resembles a deal shop with a merchant-banking heritage. It does not market itself as a traditional allocator or wealth manager.

Does Atmos Capital take fund commitments or only direct deals?

The firm focuses primarily on direct co-investments in private companies. While occasional fund commitments may occur, the core of the strategy is deal-by-deal participation in growth-equity rounds, giving families granular exposure to specific assets.

What investment stages does Atmos target?

Atmos targets growth-equity rounds, typically from Series B through pre-IPO, based on observable deal activity. The firm seeks companies with proven product-market fit and clear paths to scale, acting as a capital partner during expansion rather than an early-stage seed investor.

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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