Feltman & Co.

The office sources venture exposure primarily through fund commitments and co-investment vehicles alongside established managers, rather than maintaining a dedicated in-house deal-sourcing team for direct startup investments. This manager-relationship model provides access to early-stage technology and consumer companies while keeping internal headcount low. The network spans both emerging and established venture firms.

The office uses both approaches. Direct investments focus on real estate, where the firm acquires and manages commercial and residential properties in core New York submarkets. For private equity and venture capital, the office commits to external funds and co-investment vehicles, gaining diversified exposure without building a large internal deal-execution team.

The real estate strategy concentrates on direct ownership of commercial and residential properties in New York, where the office has accumulated submarket-level knowledge over years of direct operations. This is not a fund-of-funds approach; the office acquires, holds, and manages properties directly, allowing it to compound value over holding periods that can extend well beyond institutional fund lifecycles.