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Cobalt Capital Management
Cobalt Capital Management was established in 1995 by Wayne Cooperman. The firm operates as the single-family office tied to the Cooperman family.
Cobalt Capital Management
Cobalt Capital Management was established in 1995 by Wayne Cooperman. The firm operates as the single-family office tied to the Cooperman family. The firm invests across hedge funds, private equity, and real estate. Confirmed positions include a Q3 2025 disclosure in Molina Healthcare alongside Scion Asset Management. Geographic reach covers North America and Europe. Investment stages include early stage and growth. Additional co-investor relationships date to at least 2000 with the Cohen family in Resource America Inc. and Atlas Pipeline Partners. The firm lists two offices. No professional headcount is disclosed. Philanthropic vehicles connected to the family include the Leon & Toby Cooperman Foundation and the Damon Runyon Cancer Research Foundation.
General information
Firm type
Family Office
Year founded
1995
Location
Region
North America
Country
United States
City
Santa Monica
Corporate office
636 Morris Turnpike, Short Hills, NJ, 07078, United States
Additional offices
20 Greenway Plaza, Houston, TX, United States
Principals
Wayne Cooperman
Founder / Owner
John Smith
Minority Owner / Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Cobalt Capital Management?
Wayne Cooperman serves as founder and owner. John Smith is listed as minority owner and managing director with ownership between 10 and 25 percent as of the 2016 Form ADV.
Does Cobalt Capital Management participate in fund commitments or only direct deals?
The firm allocates to hedge funds, private equity, and real estate. Specific co-investments alongside external parties have been disclosed.
Which sectors does Cobalt Capital Management focus on?
Sector focuses include digital health, gaming, edtech, media and entertainment, and sports and wellness.
What is Cobalt Capital Management's known posture on co-investments alongside external GPs?
The firm has co-invested with parties including the Cohen family in Resource America Inc. and Atlas Pipeline Partners, and with Scion Asset Management in Molina Healthcare.
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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