# Divisar Capital Management

Divisar Capital Management is a Multi Family Office based in San Francisco, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** divisarcapital.com

## Regulatory record

- **CRD number:** 149091
- **SEC file number:** 801-107612
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/149091

## About

Divisar Capital Management, LLC is an SEC-registered investment adviser in San Francisco, CA, registered since 2016. The firm manages approximately $813 million in assets. It has 3 employees and 3 investment advisers.

## Sectors

- Hedge Funds
- Private Credit
- Real Estate
- Infrastructure
- Energy Transition & Renewables

## People

- Judson T. Ammerman — President

## Questions

### What investment stages does Divisar typically target?

Divisar focuses on direct co-investments and fund allocations, avoiding early-stage venture. The firm targets late-stage private credit, infrastructure, and real estate opportunities with known GP counterparts.

### Does Divisar participate in fund commitments or only direct deals?

The firm engages in both fund commitments and direct co-investments. Its hedge fund exposure is primarily through external managers, while private credit and real estate involve direct control or co-control positions.

### Which sectors does Divisar explicitly avoid?

Divisar does not publicly disclose avoidance sectors, but its known focus areas exclude venture capital, public equities, and fixed income beyond credit strategies.

### How is Divisar related to any foundation or endowment?

The firm has no publicly disclosed tie to a specific foundation or university endowment, but its operational model and mandate reflect endowment-style governance with a focus on intergenerational wealth preservation.

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Last updated: 2026-07-06T01:24:15.387Z

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