Ellevity Capital

Alison Mass and Gail Golden jointly lead the firm as Co-Founders and Managing Partners. Mass spent over 20 years at Goldman Sachs, culminating in her role as Vice Chairman of the Investment Banking Division and head of the Financial and Strategic Investors Group. Golden was a Partner at Goldman Sachs, also within the Investment Banking Division, where she advised institutional clients across multiple sectors.

Origination flows primarily through the founders’ deep institutional relationships cultivated during their investment banking careers. Alison Mass advised many of the world’s largest buyout firms and sovereign investors; Gail Golden holds similar connectivity across the technology and financial services sectors. This network grants Ellevity access to rounds typically oversubscribed by institutional VCs and growth equity shops.

Ellevity Capital is structured as a single family office deploying the private capital of Alison Mass and Gail Golden. The firm does not accept external LP commitments or operate an advisory model for outside families. All investment decisions serve the balance sheet of the founding principals.

The firm targets late-stage venture and growth equity rounds, typically writing checks into companies with significant commercial traction and a line of sight to a liquidity event. Ellevity participates in minority equity financings, often co-investing alongside established venture capital or private equity sponsors rather than leading rounds independently.

The capital base derives from the personal wealth generated by Alison Mass and Gail Golden through their respective careers at Goldman Sachs. Both held senior partnership positions and accumulated significant compensation, including long-term equity awards and carried interest from the firm's partnership structure.

Publicly available information on the firm's philanthropic architecture is limited. Given the two principals' senior roles in financial services, it is typical for family offices of this profile to maintain separate donor-advised funds or foundations, but Ellevity does not disclose specific charitable vehicles.

Ellevity Capital actively co-invests alongside institutional general partners, particularly those with whom Alison Mass and Gail Golden maintain long-standing relationships from their Goldman Sachs careers. The firm's model relies on this co-investment approach to access high-quality deal flow with reduced sourcing friction.