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C.A. Partners
Scott M. Kleberg founded C.A. Partners in 1987 to manage the liquid wealth of three Texas families, anchoring the firm in a controlled, multi-generational...
C.A. Partners
Scott M. Kleberg founded C.A. Partners in 1987 to manage the liquid wealth of three Texas families, anchoring the firm in a controlled, multi-generational mandate that persists with the founding families and advisory directors remaining its largest investors. The firm's roots trace to the historic King Ranch—Kleberg is a direct descendant and formerly worked for the enterprise—but C.A. Partners itself operates as a standalone registered investment advisor in Fort Worth, structurally separated from the family's extensive real estate, ranching, and mineral holdings. C.A. Partners constructs multi-manager portfolios across hedge fund and private investment strategies, deploying capital exclusively through external managers rather than building in-house direct investment teams. The firm runs several fund-of-hedge-funds vehicles pursuing distinct strategies, while also advising clients on customized portfolio design. Its private-market activity spans direct co-investments and fund commitments across buyout, growth, early-stage, and late-stage venture. Confirmed sector exposures include ClimateTech, Energy Transition & Renewables, AgriTech & FoodTech, PropTech, Industrial Tech, and Mobility & Transportation. The firm invests globally, with confirmed allocations across North America, Europe, Asia, the Middle East & Central Asia, Africa, Oceania, and South America. The firm is led by Managing Member Scott M. Kleberg, who holds sole ownership of the holding company. Investment Advisory Board member Robert H. Alpert, founder of Atlas Capital Management, adds external investment governance. Adjacent to the advisory business, connected family assets remain substantial and diversified: the Kleberg family's broader holdings include Burton Hill Capital mixed-use real estate projects in Fort Worth, Bluestem Partners land holdings, oil and gas mineral interests, agribusiness and ranching exposure, and a notable art collection. C.A. Partners' client base of predominantly families and smaller institutions, combined with its SEC registration, places it in a distinct peer set: a multi-family office that operates with the regulatory posture of an institutional advisor but the mandate flexibility of a private allocator. Its structure as a controlled, single-owner holding company—with advisory directors whose own families are co-invested—creates a governance architecture where investment decisions align with the same long-duration capital base that founded the firm.
General information
Firm type
Multi Family Office
Year founded
1987
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Fort Worth
Corporate office
Fort Worth, TX, United States
Principals
Scott M. Kleberg
Managing Member
Sector focus
Frequently asked questions
Who runs investment decisions at C.A. Partners?
Scott M. Kleberg is the Managing Member and sole owner of the holding company, C.A. Partners Holdings. He directs the firm's fund-of-funds construction and manager selection. An Investment Advisory Board that includes Robert H. Alpert, founder of Atlas Capital Management, provides external governance, but Kleberg retains ultimate investment authority via his controlling ownership stake.
Is C.A. Partners structured as a single family office or a multi-family office?
It is a multi-family office and an SEC-registered investment advisor. The firm was founded to manage liquid assets for three Texas families, and those families plus the advisory directors remain the largest investors. However, C.A. Partners also advises external families and smaller institutions on multi-manager portfolio construction.
Does C.A. Partners make direct investments or only fund commitments?
The firm primarily operates as a fund-of-funds allocator across hedge funds and private equity. It also engages in direct co-investments and SPVs alongside the external managers it backs. Its investment types include fund-of-funds, private equity commitments, and direct co-investment vehicles across buyout, growth, and venture stages.
Where does the underlying wealth come from?
The founding wealth is tied to three Texas families, with Managing Member Scott M. Kleberg descending from the King Ranch family. Kleberg formerly worked for King Ranch, Inc., and the broader family holdings remain substantial and diversified—including land through Bluestem Partners, mixed-use real estate via Burton Hill Capital, oil and gas mineral interests, and agribusiness and ranching operations.
What is C.A. Partners' known posture on co-investments alongside external GPs?
The firm participates in direct co-investments and special purpose vehicles alongside the managers it selects for its fund-of-funds portfolios. This allows C.A. Partners to concentrate capital into specific assets identified by its external managers while maintaining its core model of allocating through rather than competing with those GPs.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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