Private EquityRIA · CRD 296437SEC-RegisteredPrivate Fund Adviser

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Martis Capital

Martis Capital is an SEC-registered investment adviser, registered since 2018 in Washington, DC. The firm manages $2.5 billion in regulatory assets.

Martis Capital logo

Martis Capital

Martis Capital is an SEC-registered investment adviser, registered since 2018 in Washington, DC. The firm manages $2.5 billion in regulatory assets. It has 25 employees and 15 investment advisers.

General information

Firm type

Private Equity

Year founded

2018

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Washington

Corporate office

101 California St #3260, San Francisco, CA 94111, United States

Additional offices

Washington, DC, United States · Miami, FL, United States

Principals

Vladimir Andonov

Sector focus

Healthcare Services

Frequently asked questions

Who runs investment decisions at Martis Capital?

The firm’s website identifies Vladimir Andonov as a key team member, though full leadership titles and the investment committee structure are not publicly detailed. Investment decisions are made by the Martis Capital team from offices in San Francisco and Washington, DC.

How does Martis Capital source proprietary deal flow?

Martis Capital invites deal submissions through a dedicated business development team and compensates intermediaries who introduce high-quality companies. The firm also states it connects with founders, executives, and service providers directly to build its pipeline.

Is Martis Capital structured as a single family office or does it operate more like a venture firm?

Martis Capital operates as a private equity firm, not a family office or venture firm. It invests external capital and focuses on control-oriented and growth-stage transactions in healthcare, which distinguishes it from both family offices and early-stage venture strategies.

Does Martis Capital participate in fund commitments or only direct deals?

The firm directly invests in healthcare companies through buyouts, growth equity, recapitalizations, and other direct transactions. There is no public indication that it operates a fund-of-funds program or participates as an LP in external funds.

What investment stages does Martis Capital typically target?

Martis Capital targets companies across growth, management buyout, recapitalization, and buyout stages. The firm emphasizes partnering with founder-led businesses and tailors each transaction structure to the company’s specific needs.

Which sectors does Martis Capital explicitly avoid?

Martis Capital invests exclusively in healthcare services and has not disclosed any subsector exclusions. The firm describes its focus as companies that improve quality of care and address complex healthcare industry challenges.

What is Martis Capital's known posture on co-investments alongside external GPs?

Martis Capital’s strategy includes co-investment and club deal participation, per its stated deal-type categories. The firm welcomes collaboration with other capital providers, though specific co-investment partners are not publicly named.

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