BERONE CAPITAL LLC

Michael Pascucci serves as founder and principal, directing all investment activity personally. The office does not publicly list a separate chief investment officer or investment committee, consistent with a principal-managed single-family office structure.

The capital originates from Pascucci's 1997 sale of Oxford Resources Corporation, an auto-leasing and finance company, to General Motors Acceptance Corporation for a reported $570 million. Further liquidity came from the 2012 sale of WLNY-TV, a Long Island television station, to CBS for $55 million, and from ongoing hospitality and aviation interests.

Berone Capital is a single-family office managing Michael Pascucci's personal capital. It does not raise third-party funds or solicit external limited partners, distinguishing it from a traditional venture or private equity firm despite making venture-stage allocations.

The office invests primarily through direct deals—acquiring operating companies, real estate assets, and taking venture-stage equity positions—consistent with Pascucci's hands-on approach to ownership. There is no public record of Berone serving as a limited partner in commingled funds.

Berone deploys across the corporate lifecycle, from venture-stage operating businesses to mature lower-middle-market buyouts. The firm's published posture is generalist, with decisions driven by Pascucci's domain expertise in automotive, media, hospitality, and environmental services rather than by rigid stage mandates.