# Elysium Management

Elysium Management is a Single Family Office based in South Jordan, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** South Jordan, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1992
- **Assets under management:** 9000 (Altss estimate)
- **Website:** elysiumllc.com
- **LinkedIn:** https://www.linkedin.com/company/elysium-management

## About

Elysium Management was established in 1992 by Leon Black after he co-founded Apollo Global Management. The firm serves as the single-family office for Black and his immediate family. It focuses on long-term capital preservation through a mix of direct holdings and external fund relationships. The portfolio spans private equity, real estate, infrastructure, and public markets. Investments occur via direct co-investments, SPVs, and fund commitments. Confirmed positions include early-stage healthcare services holdings. Activity covers North America and Europe. The firm also maintains residential real estate assets in New York, Southampton, London, and Beverly Hills. Elysium employs a core team led by President Barry Cohen and Chief Investment Officer Gregory Ruben. Son Ben Black supports operations through the Abu Dhabi office and the Fortinbras platform. Daughter Victoria Black directs philanthropic efforts via the Debra and Leon Black Family Foundation and the Leon Black Family Foundation. In 2024 the firm opened Scimitar, its first office outside the United States, inside Abu Dhabi Global Market. Leon Black’s board roles at the Museum of Modern Art and Dartmouth College provide access to art-market and alumni networks that sit outside conventional deal channels. These relationships operate separately from the investment mandate and are not used for fundraising.

## Sectors

- Healthcare Services
- Private Equity
- Real Estate

## Offices

- Abu Dhabi, United Arab Emirates

## People

- Leon Black — Founder
- Barry Cohen — President
- Gregory Ruben — Chief Investment Officer
- Ben Black — Family Member
- Victoria Black — Family Member
- Asad Hussaini — Business Partner

## Questions

### Who runs investment decisions at Elysium Management?

Gregory Ruben serves as Chief Investment Officer. Barry Cohen holds the title of President. Leon Black remains the principal and ultimate beneficial owner.

### How does Elysium Management source proprietary deal flow?

Leon Black’s trusteeships at the Museum of Modern Art and Dartmouth College supply access to art and alumni networks. The 2024 opening of the Scimitar office in Abu Dhabi Global Market added a second geographic channel.

### Is Elysium Management structured as a single family office or does it operate more like a venture firm?

The firm is registered as a single-family office. It executes both direct co-investments and fund commitments rather than operating a venture franchise.

### Does Elysium Management participate in fund commitments or only direct deals?

The firm uses both structures. Its investment types explicitly include direct co-investments, SPVs, infrastructure, private equity, and real estate.

### What investment stages does Elysium Management typically target?

The firm lists early-stage, seed, and start-up activity alongside later-stage private equity and real estate. Healthcare services is the only sector tag recorded.

### Does Elysium Management maintain philanthropic structures, and how are they separated?

The Debra and Leon Black Family Foundation and the Leon Black Family Foundation sit alongside the Melanoma Research Alliance. Victoria Black leads these initiatives separately from the investment team.

## Related profiles

- [Plurimi](https://altss.com/profile/plurimi)
- [Procyon Partners](https://altss.com/profile/procyon-partners)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/elysium-management-black-family-office

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