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MAI Capital Management
MAI Capital Management is a multi-family office headquartered in Cleveland. It was founded in 1973 to steward the earnings of professional golfer Arnold Palmer...
MAI Capital Management
MAI Capital Management is a multi-family office headquartered in Cleveland. It was founded in 1973 to steward the earnings of professional golfer Arnold Palmer and sports marketing pioneer Mark McCormack. The firm advises entrepreneurs, athletes and high-net-worth families on investment management, financial planning, tax, and estate strategies and pursues disciplined acquisition-driven growth across the United States—providing integrated wealth oversight.
General information
Firm type
Multi Family Office
Year founded
1973
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Cleveland
Corporate office
Cleveland, OH, United States
Principals
Rick Buoncore
Executive Chairman and CEO
Joe McLean
Managing Partner of the Family Office division
Arnold Palmer
Founder
Mark McCormack
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at MAI Capital Management?
Rick Buoncore serves as Executive Chairman and CEO. Joe McLean acts as Managing Partner of the Family Office division.
Where does the underlying wealth come from?
The firm originated to steward earnings of Arnold Palmer and Mark McCormack, founder of IMG.
Does MAI Capital Management participate in fund commitments or only direct deals?
The firm uses both fund commitments and direct vehicles including co-investments and SPVs across private equity and real estate.
What investment stages does MAI Capital Management typically target?
The firm targets private equity and venture capital stages.
How is MAI Capital Management related to Carlyle Group?
Carlyle Group holds an indirect ownership stake through Galway Holdings.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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