# Bellco Capital

Bellco Capital is a Single Family Office based in Los Angeles, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 2003
- **Assets under management:** Undisclosed
- **Website:** bellcocapital.com
- **LinkedIn:** https://www.linkedin.com/company/bellco-capital-llc

## Regulatory record

- **Reports private funds:** No

## About

Rebecka Belldegrun and Arie Belldegrun established Bellco Capital in 2003. Rebecka serves as CEO while Arie holds board roles at portfolio companies. Allocations span life sciences, real estate, private equity and venture investments. Asset classes include direct co-investments, SPVs, private credit and property holdings. Confirmed positions link to Breakthrough Properties assets in San Diego, Boston, Philadelphia, Amsterdam and Oxford. Geographic reach covers North America and Europe. Strategy mixes buyout and growth approaches. The team includes Chief Investment Officer Josh Bradley. Additional offices remain limited to the Los Angeles headquarters. Adjacent vehicles encompass the California Institute for Immunology and Immunotherapy and board service at LACMA and Caltech. Rebecka Belldegrun holds trusteeships at Brentwood School and BabyFirstTV. No operational events from the last 24 months appear in available records. Bellco Capital operates through Breakthrough Properties, a joint venture with Tishman Speyer that controls lab and office campuses. Governance integrates family principals with external partners on shared boards. This hybrid model ties investment decisions to operating-company oversight in life sciences and real estate.

## Sectors

- Healthcare Services
- Media & Entertainment
- PropTech
- AgriTech & FoodTech
- Digital Health
- Industrial Tech

## People

- Rebecka Belldegrun — CEO
- Arie Belldegrun — Co-founder
- Josh Bradley — Chief Investment Officer
- Dan Belldegrun — CEO of Breakthrough Properties
- Ben Belldegrun — Co-Founder and Managing Partner of Aliment Capital

## Questions

### Who runs investment decisions at Bellco Capital?

Rebecka Belldegrun serves as CEO. Josh Bradley holds the Chief Investment Officer role. Arie Belldegrun participates through board oversight at portfolio companies.

### How is Bellco Capital related to Breakthrough Properties?

Bellco Capital co-owns Breakthrough Properties with Tishman Speyer. Rebecka Belldegrun, Arie Belldegrun and Dan Belldegrun sit on its board alongside Tishman Speyer executives.

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

The office executes direct co-investments and SPVs. It also holds positions through private equity and private credit structures.

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

Activity centers on startup and growth stages in life sciences and technology.

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

Sourcing occurs through board networks at Allogene Therapeutics, Ginkgo Bioworks and university institutes including UCLA and the Weizmann Institute.

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- [Belkorp](https://altss.com/profile/belkorp-belkin-family-office)
- [Bellmann Rolfes Strategieberatung](https://altss.com/profile/bellmann-rolfes-strategieberatung)

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Last updated: 2026-08-10T15:58:45.833Z

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