Charter Capital Management

Overview

Charter Capital Management launched in 2009 and operates from Destin, Florida. The firm functions as a specialist allocator, building diversified portfolios of hedge funds rather than managing assets directly. Its founding team established the firm after the 2008 financial crisis, a period that reshaped investor demand for risk-managed, multi-strategy exposure. The firm's core strategy involves selecting external hedge fund managers and combining them into commingled portfolios. Its underlying allocations typically span long/short equity, event-driven, credit, and global macro strategies. This structure allows Charter to negotiate capacity and fee terms that individual investors often cannot access alone. The firm serves high-net-worth individuals, family offices, and smaller institutions seeking hedge fund exposure without the operational burden of building an internal research team. Its geographic focus includes managers across North America and Europe. The firm participates in the broader Florida wealth management ecosystem, which has seen steady migration of financial professionals to the state in recent years. Its network relies on relationships with prime brokers, fund administrators, and underlying managers to source ideas and conduct operational due diligence. Charter's structural distinction lies in its pure-play fund-of-funds model at a sub-$100 million scale. Most firms of this size have either closed, converted to direct investing, or been acquired by larger platforms.