Epic Funds

Epic Funds

Epic Funds was established in 2021 after incubating inside IWP Family Office, a $5 billion multi-family office. Co-founders Michael Fitzpatrick and Jimmy Hirschmann designed the firm to solve a specific problem they observed from the allocator side: legacy institutional portfolios often overlook smaller, capacity-constrained private-market strategies that can deliver genuine diversification. Fitzpatrick brought operating and corporate development experience from Uber and PwC, while Hirschmann had worked on deploying IWP's first fund, Epic Fund I, giving the pair direct exposure to the sourcing and underwriting friction that outsiders face. The firm operates as a boutique fund-of-funds manager, constructing vehicles that commit to underlying general partners across specialty finance, real estate, transportation, private equity, and venture capital. On the credit side, confirmed strategy partnerships include government contract financing, lower-middle-market direct lending, and asset-backed lending, all dated 2024 on the firm's website. Real-asset exposure spans inland marine leasing (2020) and single-family rental development (2021). In private equity, the firm backs communications and digital infrastructure (2018 vintage) and ed-tech buyouts (2023), while venture allocations target early-stage tech and consumer (2021) and early-to-late-stage biotech (2022). The firm does not disclose aggregate deployment, but its partnership roster shows concentrated exposure to domestic US strategies, with a preference for manager relationships built around domain-expert operators rather than broad-platform funds. The firm publicly names five professionals, with investment sourcing led by Hirschmann, finance operations by John Battipaglia (joined 2022), and growth and investor relations headed by Olivia Nguyen (joined October 2025). In October 2025, the firm appointed Olivia Nguyen as Head of Growth, tasking her with scaling institutional and private-investor relationships from a base that traces back to the IWP family-office ecosystem. Epic Funds' structural distinction is its origin inside a multi-family office rather than as a standalone asset-gatherer. Every fund it builds is effectively a curated sleeve that a large single-family office or multi-family office would design for its own balance sheet — then opened to external allocators. That inside-out model shapes how the firm evaluates capacity constraints and strategy overlap, giving it a governance posture closer to an outsourced CIO than to a traditional fund-of-funds aggregator.