# Epic Funds

Epic Funds is a Private Equity based in Manhattan Beach, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Manhattan Beach, United States
- **Region:** North America
- **Address:** Austin, TX, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** www.epic-funds.com
- **LinkedIn:** https://www.linkedin.com/company/epic-funds

## Regulatory record

- **CRD number:** 311425
- **SEC file number:** 801-123204
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/311425

## About

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.

## Sectors

- Specialty Finance
- Real Estate
- Private Equity
- Venture Capital
- Private Credit
- Transportation

## People

- Michael Fitzpatrick — Managing Partner
- Jimmy Hirschmann — Chief Investment Officer
- John Battipaglia — Head of Finance
- Alyssa Kubiak — Investment Associate
- Olivia Nguyen — Head of Growth

## Questions

### What strategies does Epic Funds explicitly target for its funds?

The firm pursues capacity-constrained, often overlooked private-market strategies. Confirmed allocations span specialty finance (government contract financing, asset-backed lending, lower-middle-market direct lending), real assets (inland marine leasing, single-family rental development), private equity (communications infrastructure, ed-tech buyouts), and venture capital (early-stage tech and consumer, biotech). The common thread is manager specialization: Epic partners with domain-expert operators rather than large generalist platforms.

## Related profiles

- [Epic Angels](https://altss.com/profile/epic-angels)
- [QIC Asset Management](https://altss.com/profile/epicure-investment-management)

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Last updated: 2026-06-03T20:00:00.000Z

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