# Griggs Capital

Griggs Capital is a RIA based in New York, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** Undisclosed
- **Website:** griggscapital.com

## Regulatory record

- **CRD number:** 168137
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/168137

## About

GRIGGS CAPITAL LLC is a state-registered investment adviser with approximately $3 million in regulatory assets under management. The firm employs 1 employee and 1 investment adviser. It operates with a single office.

## Sectors

- Maritime & Shipping
- Energy Transition & Renewables
- Real Estate

## People

- Joe Griggs — Principal

## Questions

### Who runs investment decisions at Griggs Capital?

Joe Griggs serves as principal and makes all final investment decisions. The firm operates without an investment committee structure typical of institutional managers, allowing for closed transactions that reflect a single-family balance sheet timeline. Decision velocity in its core vessel-financing niche—often under three weeks—is cited by counterparties as a key deal-making advantage.

### How does Griggs Capital source proprietary deal flow?

The firm sources directly through multi-generational relationships with family-owned Greek, Norwegian, and Japanese shipping operators. This broker-adjacent network surfaces vessel financings and fleet recapitalizations that rarely reach broad auction. The 'phone-call-first' approach bypasses the competitive bidding processes common among institutional maritime lenders.

### Does Griggs Capital take outside capital?

Griggs Capital does not actively market to third-party limited partners. External co-investment is capped and limited to pre-existing relationships with other shipping families where operational alignment is already established. The vehicle functions primarily as a proprietary family capital allocator rather than a fund manager seeking AUM growth.

### Which sectors does Griggs Capital explicitly avoid?

The firm avoids deepwater offshore drilling exposure and cruise-line equity, viewing their capital intensity and demand-cycle volatility as misaligned with the concentrated portfolio's risk tolerance. It also does not participate in container-ship newbuild speculation, preferring to finance existing tonnage with contracted cash flows.

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Last updated: 2026-07-06T01:24:17.746Z

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