Black Cat Wealth

Investment decisions are led by CEO and Founder Patrick Nagle, with input from President Aaron Talerman and Managing Director Kyle Barror. The team sources deals both from proprietary networks and institutional co-investment opportunities (per public record).

The firm does both — it can commit to funds or structure direct deals and co-investments with other family offices and institutional partners. Its stated preference is for direct control over deployment terms, which typically leads to co-investment structures (per public record).

The firm targets lower-mid-market and growth-stage opportunities across its focus sectors, typically in the range of $5M to $50M per transaction. It avoids early-stage venture and large-cap public equities, focusing on illiquid alternatives (per public record).

Black Cat Wealth operates as an independent registered investment advisor (RIA), managing capital for multiple families rather than a single family. This structure allows it to pool capital from several ultra-high-net-worth families and negotiate institutional terms on co-investments (per public record).

No public documentation of formal philanthropic vehicles or foundations associated with the firm exists. The firm's focus appears to be investment management rather than charitable planning (per public record).

The firm actively seeks co-investment opportunities alongside institutional partners, particularly in real estate and private credit. It structures sidecar vehicles to allow multiple families to participate in individual deals, often acting as lead deal-sourcer or co-sponsor (per public record).

The firm has not publicly stated any explicit avoidance criteria. Based on disclosed activity, it concentrates on real estate, private credit, healthcare, and technology, and has no apparent presence in public equities, hedge funds, or commodities (per public record).