Gilbert Rich & Associates

Gilbert Rich & Associates

The firm operates out of New York, tracing its roots to the partnership between Alan Gilbert and David Rich, whose families built wealth through real estate operations and financial services. The office manages assets across public and private markets with an institutional-style allocation framework that includes direct property holdings, allocations to external hedge fund managers, and a private equity program that makes both fund commitments and direct co-investments. While the exact scale of the family's capital is not publicly disclosed, the presence of dedicated in-house investment professionals suggests a deployment capacity that can write equity checks across multiple asset classes concurrently. Gilbert Rich targets a deliberately broad mandate across real estate, private equity, venture capital, and hedge fund strategies. On the real estate side, the firm has historically focused on New York metropolitan area multifamily and commercial properties. Its liquid portfolio allocates to a curated roster of external hedge fund managers spanning long/short equity, event-driven, and global macro strategies — a common architecture for families seeking to preserve purchasing power while maintaining liquidity for opportunistic direct investments. The venture and private equity program leans toward growth-stage companies where the principals can bring operating experience to bear, though specific portfolio names remain closely held. The office runs with a compact team operating from New York, with principals Alan Gilbert and David Rich directly involved in investment decisions. The firm does not publicly market itself, does not maintain a public-facing website with substantive content, and does not solicit outside capital — a posture consistent with a single-family office that values operational privacy. Without disclosed AUM, team headcounts, or a public track record, allocators and GPs encounter this office almost exclusively through direct relationships or trusted intermediary introductions. What distinguishes Gilbert Rich from a standard multi-asset family office is the dual-operator structure — two named principals running a shared family balance sheet rather than a single patriarch or a professionalized CIO-for-hire model. That partnership architecture shapes both the pace of decision-making and the breadth of the mandate, since deal evaluation requires alignment across two families with distinct wealth origins. For allocators and GPs seeking access, the relationship path runs through New York real estate and hedge fund circles rather than any conference circuit or intermediary database.