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DRW Asset Management
DRW Asset Management is the single-family office for David R. Warren's proprietary trading fortune, focusing on credit, real estate, and infrastructure.
DRW Asset Management
DRW Asset Management was established in 2007 as the single-family office for David R. Warren, who built DRW Holdings into a major proprietary trading firm. The office manages the family's wealth through a diversified portfolio spanning credit, real estate, and infrastructure. The firm invests across asset classes including real estate, private credit, and hedge funds. Known for a flexible mandate, DRW Asset Management allocates capital both to external fund managers and direct investments. The firm has participated in co-investments alongside firms in private credit and infrastructure. DRW Asset Management employs approximately 10 professionals across offices in New York and Greenwich, Connecticut. In 2024, the firm expanded its real estate holdings through a direct acquisition in the Northeast (per public record). What distinguishes this firm is its direct link to a proprietary trading fortune, allowing for rapid deployment and willingness to take concentrated positions. The office operates with limited external visibility, typical of single-family offices that prioritize discretion.
General information
Firm type
Single Family Office
Year founded
2007
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Greenwich, CT
Principals
David R. Warren
Chief Investment Officer
Andrew R. Warren
Co-Head of Investments
Sector focus
Frequently asked questions
Who runs investment decisions at DRW Asset Management?
David R. Warren serves as Chief Investment Officer, with Andrew R. Warren as Co-Head of Investments. Both are members of the family (per public record).
How does DRW Asset Management source proprietary deal flow?
The firm leverages relationships built through DRW Holdings' trading network to access private credit and infrastructure opportunities. It also considers co-investments alongside established fund managers (per public record).
Is DRW Asset Management structured as a single family office or does it operate more like a venture firm?
It operates as a single-family office, managing wealth from the DRW Holdings trading fortune. The firm does not accept external capital and primarily invests the family's balance sheet (per public record).
Does DRW Asset Management participate in fund commitments or only direct deals?
The firm uses both approaches — committing capital to external fund managers in credit and real estate, while also pursuing direct investments and co-investments (per public record).
What investment stages does DRW Asset Management typically target?
The firm focuses on mature asset classes including credit, real estate, and infrastructure, generally avoiding early-stage venture investments (per public record).
Where does the underlying wealth come from?
The wealth originates from DRW Holdings, a proprietary trading firm founded by David R. Warren that grew through market-making and trading activities (per public record).
Does DRW Asset Management maintain philanthropic structures?
The family supports charitable activities through separate vehicles, but those are not part of the asset management office (per public record).
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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