Asset ManagerRIA · CRD 159518SEC-RegisteredPrivate Fund Adviser

Updated:

Axonic Capital

Axonic Capital is a New York-based asset manager founded in 2016 by Michael R. Weilheimer, focused on private credit and real estate debt strategies.

Axonic Capital

AXONIC CAPITAL LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $10.0 billion in regulatory assets. It has 74 employees and 36 investment advisers.

General information

Firm type

Asset Manager

Year founded

2016

AUM

$1B – $5B (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Michael R. Weilheimer

Chief Investment Officer

Andrew G. Hoag

Chief Operating Officer

Jonathan Forbes

Portfolio Manager

Sector focus

Private CreditReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at Axonic Capital?

Michael R. Weilheimer serves as Chief Investment Officer and oversees the investment team. Andrew G. Hoag is Chief Operating Officer. Jonathan Forbes is a Portfolio Manager. All three are listed in SEC filings as key personnel (per SEC filings, 2023).

What investment strategies does Axonic Capital focus on?

Axonic Capital focuses on private credit, including direct lending to middle-market companies, structured finance, and commercial real estate debt. The firm also targets infrastructure debt opportunities. Its focus is on asset-based credit with a U.S. primary market (per the firm's official communications, 2023).

Is Axonic Capital structured as a family office or an asset manager?

Axonic Capital is structured as an asset manager, not a family office. It files as an investment adviser with the SEC and markets to institutional and high-net-worth investors. No public evidence indicates it manages a single family's wealth.

Does Axonic Capital participate in fund commitments or only direct deals?

The firm structures its investments through direct deals, typically as an institutional asset manager deploying capital in private credit markets. It may also participate in syndicated credit facilities alongside other lenders. Fund commitments to external managers are not evident from public filings.

What is Axonic Capital's known posture on co-investments?

The firm's structure suggests it may consider co-investment opportunities alongside its credit strategies, though no specific co-investment track record is publicly available. The firm's focus on structured finance and direct lending typically involves direct positions rather than fund-of-funds approaches.

Where does the underlying capital for Axonic Capital come from?

As an SEC-registered investment adviser, Axonic Capital manages capital for institutional clients including pension funds, endowments, foundations, and high-net-worth individuals. No single-family wealth source is disclosed. The firm's AUM is estimated between $1 billion and $5 billion (Altss estimate).

How does Axonic Capital source deal flow?

Axonic Capital sources deals through its network of relationships with banks, sponsor groups, and other institutional lenders. The focus on middle-market companies suggests proprietary origination of loans and credit opportunities. The firm does not disclose deal-sourcing details publicly.

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