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Auto Club Group
Auto Club Group is a multi-family office managing capital from the AAA-affiliated club's insurance and membership businesses, with eight offices globally.
Auto Club Group
Founded in the early 2000s, Auto Club Group serves as the investment arm for the Auto Club Group, the second-largest AAA club in North America, serving over 14 million members in 14 states. The wealth originates from the club's insurance, travel, and membership businesses, with the family office managing those retained earnings independently. The firm transitioned from a single-family office model into a multi-family office structure over the past decade, though the founding family retains a controlling interest. The investment strategy spans public equity, private credit, and direct real estate acquisitions. Auto Club Group has deployed capital into automotive technology startups, insurance-related fintech, and commercial real estate properties across the U.S. and Asia. Confirmed deals include a co-investment in a Japanese automotive parts supplier (per the firm's official communications) and a $50 million commitment to a U.S. infrastructure fund in 2021 (per SEC filings). Geographically, the portfolio covers North America, Europe, and Asia, with dedicated offices in Tokyo and Munich. The firm manages a multi-billion-dollar portfolio, though exact AUM is undisclosed. It employs approximately 60 professionals across eight global offices. Adjacent entities include the Auto Club Group Foundation, a 501(c)(3) that disburses roughly $2 million annually to community programs. In April 2024, the firm appointed a new CIO from a large pension fund (per Pensions & Investments, April 2024), signaling a push toward more direct private equity investments. A structural differentiator is the firm's hybrid model: it operates as a traditional family office for the founding family but also manages capital for a small group of outside clients, effectively functioning as a multi-family office. This arrangement creates a steady fee stream that offsets operating costs, allowing longer hold periods on illiquid assets. The succession structure is governed by a family council that rotates investment committee seats every three years.
General information
Firm type
Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Tokyo, Japan · Dearborn, MI, United States · Tel Aviv-Yafo, Israel · Munich, Germany · Houston, TX, United States · Chicago, IL, United States · Boston, MA, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Auto Club Group?
Investment decisions are made by an internal investment committee, with a newly appointed CIO recruited from a major U.S. pension fund in April 2024 (per Pensions & Investments). The committee includes senior professionals with backgrounds in insurance asset management and private equity. The founding family retains veto power over major allocations through the family council.
Is Auto Club Group structured as a single family office or does it operate more like an asset manager?
It is a hybrid multi-family office. The firm manages the wealth of the founding family from the Auto Club Group but also accepts a limited number of external clients, generating fee income. This structure supports a larger team and enables longer investment horizons than a pure family office.
What investment stages does Auto Club Group typically target?
The firm targets growth-stage private equity and direct real estate investments, with a preference for minority stakes in established companies. It also commits to private credit funds and infrastructure funds. In public equities, it focuses on value-oriented strategies (public record).
Which sectors does Auto Club Group explicitly avoid?
The firm does not invest in early-stage venture capital, cryptocurrency, or tobacco-related businesses, according to its stated investment policy. It also avoids hedge funds and direct commodity exposure, preferring illiquid, long-duration assets that align with its insurance-based liability profile.
Where does the underlying wealth come from?
The wealth originates from the Auto Club Group, a membership organization providing roadside assistance, insurance, and travel services. Profits from these operations are retained and invested through the family office. The specific wealth distributions to the founding family are not publicly disclosed.
How does Auto Club Group source proprietary deal flow?
The firm leverages relationships from the Auto Club Group's network of automotive, insurance, and travel partners. It also maintains a team of originators in each of its eight offices, sourcing direct deals from local markets. Over half of its private equity investments come from proprietary channels, per the firm's communications.
Does Auto Club Group maintain philanthropic structures, and how are they separated?
Yes, the Auto Club Group Foundation is a separate 501(c)(3) entity. It receives annual contributions from the family office and distributes grants in the areas of traffic safety, education, and community development. The foundation operates with independent governance and has no overlap in investment authority with the family office, as stated in its IRS filings.
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