# Avalon Capital Group

Avalon Capital Group is a Single Family Office based in North Sioux, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** North Sioux, United States
- **Region:** North America
- **Address:** North Sioux, SD, United States
- **Founded:** 1993
- **Assets under management:** Undisclosed
- **Website:** avalon.com
- **LinkedIn:** https://www.linkedin.com/company/avalon-capital-group

## Regulatory record

- **Reports private funds:** No

## About

Ted Waitt established Avalon Capital Group in 1993. The firm serves as the primary investment vehicle for wealth generated by Gateway 2000, the personal-computer company Waitt co-founded. It operates as a single-family office with a focus on North America. Investment activity spans early-stage through late-stage opportunities in healthcare services, digital health, fintech, and supply-chain logistics. The firm uses direct co-investments and SPVs alongside allocations to private equity, private credit, real estate, hedge funds, and secondaries. Geographic reach remains concentrated in North America. No specific portfolio holdings or co-investors appear in public records. Team leadership includes President Shane Hartnett and CFO Stan Ray. Additional offices operate in La Jolla and New York. The firm supports marine conservation and scientific research through the Waitt Foundation and related entities. No operational events from the last 24 months are documented in available sources. The structure centers on direct family oversight by Ted Waitt as founder and chairman. Family members Max Waitt and Hailey Waitt serve on the Waitt Foundation board. This setup keeps decision authority inside the family rather than through external managers or multi-client platforms.

## Sectors

- Healthcare Services
- Digital Health
- FinTech
- Supply Chain & Logistics

## Offices

- La Jolla
- New York

## People

- Ted Waitt — Founder and Chairman
- Shane Hartnett — President
- Stan Ray — CFO
- Dave Russell — Board Member

## Questions

### Who runs investment decisions at Avalon Capital Group?

Ted Waitt serves as founder and chairman. Shane Hartnett holds the role of president and Stan Ray serves as CFO. Board members include Dave Russell.

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

The firm uses both direct co-investments and SPVs as well as allocations to external funds including hedge funds and private equity vehicles.

### What investment stages does Avalon Capital Group typically target?

Activity covers early stage, growth, and late stage opportunities.

### Does Avalon Capital Group maintain philanthropic structures, and how are they separated?

The Waitt Foundation, Waitt Institute, and Waitt Institute for Violence Prevention operate alongside the investment office. Ted Waitt serves as chairman of the foundation.

## Related profiles

- [Avacore Family Office](https://altss.com/profile/avacore-family-office)
- [Avante Group](https://altss.com/profile/avante-group)

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Last updated: 2026-08-10T15:54:10.904Z

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