Updated:
Delticus Group
Delticus Group was founded by Thomas Scalera, formerly Executive Vice President and CFO of ITT Inc., where he oversaw a 50 percent reduction in legacy...
Delticus Group
Delticus Group was founded by Thomas Scalera, formerly Executive Vice President and CFO of ITT Inc., where he oversaw a 50 percent reduction in legacy asbestos and environmental liabilities before selling them to Delticus in 2021. Scalera also held leadership roles at RR Donnelley and Dover Corporation, and began his career at PricewaterhouseCoopers. The firm acquires and manages long-tail legacy corporate liabilities — including product liability, asbestos, and environmental claims — through outright corporate sales. Delticus provides an upfront capital injection to secure acquired company solvency and offers sellers full risk transfer and balance-sheet finality. It is institutionally capitalized and operates globally, though its primary market is North America. A marquee disclosed deal involved acquiring $1 billion in legacy product liabilities from a large U.S. industrial conglomerate (per firm website). Delticus is headquartered in Wilmington, Delaware, with global capabilities but no additional offices listed. The firm does not publicly disclose AUM, total deployment beyond its disclosed $1 billion deal, or number of professionals. Outside of Delticus, Scalera co-founded The Cancer Couch Foundation, a nonprofit funding metastatic breast cancer research, and serves on the board of the Regional Youth Adult Social Action Partnership in Bridgeport, Connecticut. Unlike many family offices or private equity firms, Delticus operates as a corporate liability acquisition platform — a niche structural intermediary that buys run-off liabilities outright, not a fund making investments. This structure, combined with Scalera's prior experience managing ITT's own legacy liabilities, gives the firm deep operational credibility in its market.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Wilmington
Corporate office
Wilmington, United States
Principals
Thomas M. Scalera
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Delticus Group?
Thomas Scalera serves as Chief Executive Officer and leads the firm. He previously served as Executive Vice President and CFO of ITT Inc., where he oversaw the reduction of ITT's legacy asbestos and environmental liabilities by 50 percent, positioning them for eventual acquisition by Delticus (per firm website).
How does Delticus Group source proprietary deal flow?
Delticus targets corporate liability owners looking for full risk transfer through outright corporate sale of run-off claims. Its sourcing draws on Scalera's network from his tenure at ITT and earlier finance roles, as well as the firm's institutional capitalization and reputation as a reliable steward of legacy liabilities (per firm website).
Is Delticus Group structured as a single family office or does it operate more like a corporate platform?
Delticus Group describes itself as an institutionally capitalized corporate liability acquisition platform, not a family office or traditional investment manager. It specializes in acquiring and managing long-tail legacy corporate liabilities through outright corporate sales, providing sellers with financial finality and risk transfer (per firm website).
What investment stages does Delticus Group typically target?
Delticus targets the acquisition of fully mature liabilities — specifically legacy run-off claims that are already on corporate balance sheets. It does not invest in early-stage companies or venture-backed startups. Its focus is on post-sale management and claims resolution (per firm website).
Which sectors does Delticus Group explicitly avoid?
Delticus focuses exclusively on legacy corporate liabilities — product liability, asbestos, environmental, and similar long-tail claims. It does not make equity investments, buy distressed assets for operational turnaround, or participate in traditional private equity or venture capital transactions (per firm website).
Does Delticus Group maintain philanthropic structures?
Thomas Scalera personally co-founded and serves as President of The Cancer Couch Foundation, a nonprofit that funds metastatic breast cancer research. He also sits on the board of the Regional Youth Adult Social Action Partnership in Bridgeport, Connecticut. These are separate from Delticus Group itself (per firm website).
What is Delticus Group's known posture on co-investments alongside external GPs?
Delticus Group does not operate as a fund that co-invests alongside external general partners. It acquires liabilities outright from corporate sellers, providing capital injection and assuming full claims management. It is not known to participate in syndicated investments or club deals (per firm website).
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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: