# New Legacy Group

New Legacy Group is a Multi Family Office based in New York, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2007
- **Assets under management:** 700-800 (Altss estimate)
- **Website:** newlegacy.com
- **LinkedIn:** https://www.linkedin.com/company/new-legacy

## Regulatory record

- **CRD number:** 160969
- **SEC file number:** 801-74446
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/160969

## About

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.

## Sectors

- InsurTech
- Digital Health
- Healthcare Services
- Industrial Tech
- Mobility & Transportation
- Robotics & Automation
- SpaceTech
- Energy Transition & Renewables

## People

- Joseph Weilgus — Founder and CEO
- Adam Geiger — Founder, President, and CIO

## 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.

### 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.

### 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.

## Related profiles

- [Scalare Capital](https://altss.com/profile/scalare-capital)
- [Zaka Investments](https://altss.com/profile/zaka-investments-pierre-bastid-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/new-legacy-group-llc

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