Cordant Wealth Partners

Alan Hoffman serves as CEO and oversees the firm's strategic direction. Jeffrey Roth is Chief Investment Officer, responsible for asset allocation and manager selection. Susan Miller is President, managing day-to-day operations. All three are based in Portland (per the firm's official communications).

Cordant generates proprietary deal flow through its network of institutional relationships and co-investment partnerships. The firm participates in club deals alongside other RIAs and family offices, particularly in private credit and real estate. It also sources direct investments through its relationships with middle-market lenders like Golub Capital (per public record).

Cordant is an RIA, not a family office. It manages assets for multiple high-net-worth families and institutions, operating with a fiduciary duty to clients. Its investment approach resembles an institutional manager, allocating across public and private markets, but it lacks the proprietary capital base of a single family office (per the firm's official communications).

Cordant does both. It commits capital to third-party funds in private credit and hedge funds, and also makes direct co-investments in real estate and private lending. The firm's 2024 commitment to a Golub Capital middle-market fund is an example of its fund-commitment activity (per public record).

Cordant focuses on middle-market private credit and real estate, targeting both debt and equity investments. In private credit, it targets senior and junior loans to established companies. In real estate, it focuses on value-add and opportunistic properties in the Pacific Northwest. The firm does not typically invest in early-stage venture capital (per public record).

Cordant has not publicly disclosed any explicit avoidance sectors. However, based on its portfolio activity, it appears to avoid early-stage technology, biotech, and commodity-related investments. The firm's disclosed activities are concentrated in financial services, real estate, and middle-market lending (per public record).

Cordant actively co-invests alongside external GPs, particularly in private credit and real estate. The firm has a track record of joining club deals with other institutional allocators. Its relationship with Golub Capital for middle-market lending is one example of co-investment activity (per public record).