Cogwheel Wealth Management

Julie Caplin serves as the managing principal, overseeing investment decisions for the single-family office. She has led the office since its formation, as reported in public profiles.

Cogwheel leverages the Anschutz family's extensive network across sports (AEG), entertainment, and energy to source direct investments. The office also accesses deal flow through relationships with other family offices and institutional investors.

Cogwheel operates as a single-family office, managing the assets of the Anschutz family. It does not raise external capital from third-party investors, though it occasionally co-invests alongside other institutional investors.

Cogwheel primarily focuses on direct investments and co-investments in growth-stage companies. Public record does not indicate significant commitments to external fund vehicles.

Cogwheel targets growth-stage companies, with a focus on late-stage venture and early-growth equity rounds. Notable investments include SpaceX and Uber, both of which were growth-stage at the time of investment.

Cogwheel has not publicly disclosed any sectors it explicitly avoids. However, its disclosed investments skew toward technology, media, and energy.

Cogwheel Wealth Management is the investment arm of the Anschutz family, while the Anschutz Foundation is a separate 501(c)(3) philanthropic entity. The foundation receives funding from the family but is operationally distinct from the investment office.

The wealth originates from Philip Anschutz's holdings in Anschutz Corporation, which includes interests in oil and gas, railroads (Pacific Union), sports (Los Angeles Lakers, Los Angeles Kings), and entertainment (AEG Presents).