Cloud, Minturn & Associates

Jerrold Cloud and John Minturn, the firm's co-founders, lead investment decisions. Both were previously at Goldman Sachs before establishing the office in 1994. Day-to-day allocations across real estate, private credit, and hedge funds operate through a centralized investment committee model under their direction (per public record).

The firm allocates primarily across private credit, hedge funds, and real estate. The credit mandate includes direct lending and mezzanine structures, while the hedge fund sleeve has historically covered long/short equity and global macro strategies (per public record). Real estate investments span commercial and residential properties in Southern California and other Western U.S. markets.

The firm operates as a single family office, managing the capital of a discreet Los Angeles-based family. It has not publicly transitioned to a multi-family or OCIO structure, and does not market to external clients. The partnership has maintained this posture since its 1994 founding (per public record).

Jerrold Cloud and John Minturn are both Goldman Sachs alumni. They formed the family office after leaving the firm, drawing on institutional capital markets and structuring expertise gained there. There is no disclosed ongoing formal relationship between Cloud, Minturn & Associates and Goldman Sachs.

The firm uses a hybrid approach: direct investments and co-investments in private credit and real estate, alongside fund commitments for hedge fund exposure. This blend allows for both direct asset control and access to specialized external managers (per public record).