Updated:
New Legacy Group
New Legacy Group was established in 2007 by Joseph Weilgus and Adam Geiger. Both principals built their experience in investment management and financial...
New Legacy Group
New Legacy Group was established in 2007 by Joseph Weilgus and Adam Geiger. Both principals built their experience in investment management and financial services before forming the firm. It operates as a multi-family office that advises families alongside its founders. The firm allocates across direct venture stakes, public equities, and fund commitments. Asset classes include venture capital, private equity, hedge funds, private credit, and real estate. Confirmed positions include a Series B co-investment in Urban Sky Theory, Inc. alongside Altos Ventures in February 2025 and earlier participation in Samara and OpenLight rounds. Geographies cover North America, Europe, and Asia. Stages range from startup and growth equity to public market holdings. Team size remains undisclosed. The firm maintains one headquarters in New York. Joseph Weilgus serves on the board of Project Sunshine and holds membership in YPO. Adam Geiger is president of The Alliance of Alternative Asset Professionals. February 2025 marked a Series B co-investment in Urban Sky Theory, Inc. alongside Altos Ventures, Lavrock Ventures, and Catapult Ultimate Holdings. New Legacy Group maintains a hybrid structure that combines internal direct investments with external fund allocations and wealth advisory services. This setup allows the principals to deploy capital across both proprietary opportunities and third-party vehicles while serving multiple families.
General information
Firm type
Multi Family Office
Year founded
2007
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Joseph Weilgus
Founder and CEO
Adam Geiger
Founder, President, and CIO
Sector focus
Frequently asked questions
Who runs investment decisions at New Legacy Group?
Joseph Weilgus serves as CEO and Adam Geiger serves as President and CIO. Both co-founders oversee allocations across venture, public equities, and fund commitments.
How does New Legacy Group source proprietary deal flow?
The firm relies on relationships built through prior roles at Ivy Asset Management, Rockefeller Asset Management, and Geller Holdings. Co-investment activity with firms such as Altos Ventures and Mayfield provides additional access.
Is New Legacy Group structured as a single family office or does it operate more like a venture firm?
It functions as a multi-family office that also executes direct venture investments and fund allocations. The structure serves entrepreneurial families while maintaining internal investment platforms.
Does New Legacy Group participate in fund commitments or only direct deals?
The firm executes both fund commitments and direct co-investments or SPVs. Confirmed activity includes Series A and Series B rounds alongside external GPs.
What investment stages does New Legacy Group typically target?
Stages include startup, growth equity, and public equities. The firm also maintains exposure through hedge funds and private credit vehicles.
Where does the underlying wealth come from?
The principals built their capital through careers in financial services. The firm now advises additional entrepreneurial families alongside its founders.
What is New Legacy Group's known posture on co-investments alongside external GPs?
The firm regularly joins co-investment rounds with named partners including Altos Ventures, Mayfield, Capricorn Investment Group, and Xora Innovation.
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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: