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Cary Street Partners
Cary Street Partners was established in 2002 by Mark M. Gambill and Thomas H. Tullidge Jr. The founders built the firm on advisory experience serving...
Cary Street Partners
Cary Street Partners was established in 2002 by Mark M. Gambill and Thomas H. Tullidge Jr. The founders built the firm on advisory experience serving high-net-worth clients. It functions as a multi-family office focused on the Southeast. The firm delivers wealth management, investment banking, and asset management services. Confirmed investment types include hedge funds and venture capital strategies. Geographic reach centers on North America. It maintains relationships with partners such as CIVC Partners and holds board positions at Universal Corporation and Carpenter Co. Assets under management exceed $10 billion. The firm occupies Riverfront Plaza in Richmond and holds interests in Gray Holdings LLC. In 2025 CIVC Partners acquired a majority stake to support expansion. It participates in the Principles for Responsible Investment and the Financial Services Institute. Ownership shifted in 2025 when CIVC Partners took majority control. This transaction altered the governance structure while preserving founder involvement in day-to-day roles.
General information
Firm type
Multi Family Office
Year founded
2002
AUM
More than $10 billion (Altss estimate)
Location
Region
North America
Country
United States
City
Richmond
Corporate office
901 East Byrd Street, Suite 1001, Richmond, VA 23219
Principals
Mark M. Gambill
Co-founder and Chairman
Thomas H. Tullidge Jr.
Co-founder and Chief Strategy Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Cary Street Partners?
Mark M. Gambill serves as Co-founder and Chairman. Thomas H. Tullidge Jr. serves as Co-founder and Chief Strategy Officer. The pair established the firm and continue to direct its strategy.
Is Cary Street Partners structured as a single family office or does it operate more like a venture firm?
It operates as a multi-family office. The firm provides services to multiple affluent families and institutions rather than a single lineage.
Does Cary Street Partners participate in fund commitments or only direct deals?
The firm engages in both hedge fund allocations and venture capital strategies. Specific commitment sizes are not publicly detailed.
Where does the underlying wealth come from?
The firm grew from the founders' investment banking advisory work. No single family fortune is identified as the origin.
How is Cary Street Partners related to CIVC Partners?
CIVC Partners acquired a majority stake in 2025. The transaction introduced new ownership while the founders retained operational titles.
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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