# Papamarkou Wellner Asset Management

Papamarkou Wellner Asset Management 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:** 430 Park Avenue, 17th Floor, New York, NY 10022
- **Founded:** 1982
- **Assets under management:** 357 (Altss estimate)
- **Website:** papamarkou.com
- **LinkedIn:** https://www.linkedin.com/company/papamarkou-wellner-perkin

## About

Papamarkou Wellner Asset Management was founded in 1982 by Alexander Papamarkou. Karl Wellner now serves as Chairman and CEO alongside President Thorne Perkin. The firm operates as an independent multi-family office focused on wealth preservation for high-net-worth clients. The firm allocates across hedge funds, private equity, direct co-investments, and commodities. Confirmed exposures include positions in Apple, NVIDIA, Microsoft, and i-80 Gold Corp. Geographic reach covers North America and Europe. It maintains vehicles such as PW Nordic Technology and Innovation Fund and PAMI Access Fund I. The firm employs no disclosed headcount figure. It maintains philanthropic ties to the New York Society for the Prevention of Cruelty to Children and the Town of Palm Beach United Way. Karl Wellner holds memberships in the Council on Foreign Relations and the Swedish American Chamber of Commerce. The firm structure centers on a holding company, PW Portfolio LLC, owned through Papamarkou Wellner Management LLC. This setup supports both investment management and merchant banking activities for its client families.

## Sectors

- Hedge Funds
- Private Equity
- Commodities

## Offices

- Palm Beach, FL

## People

- Karl Wellner — Chairman and CEO
- Thorne Perkin — President
- Alexander Papamarkou — Founder

## Questions

### Who runs investment decisions at Papamarkou Wellner Asset Management?

Karl Wellner serves as Chairman and CEO. Thorne Perkin serves as President. Investment decisions flow through this leadership pair.

### Does Papamarkou Wellner Asset Management participate in fund commitments or only direct deals?

The firm uses both fund commitments and direct co-investments or SPVs. Confirmed vehicles include PW Nordic Technology and Innovation Fund and PAMI Access Fund I.

### Where does Papamarkou Wellner Asset Management maintain offices?

Headquarters sit at 430 Park Avenue in New York. A second office operates in Palm Beach, Florida.

### What asset classes receive allocation at Papamarkou Wellner Asset Management?

Allocations cover hedge funds, private equity, public equities, and commodities. Public positions include Apple, NVIDIA, and Microsoft. Commodities exposure includes gold and copper.

### How is Papamarkou Wellner Asset Management related to its founders?

Alexander Papamarkou founded the firm. Karl Wellner acquired leadership and continues as Chairman and CEO. Thorne Perkin serves as President.

## Related profiles

- [SABIC Ventures](https://altss.com/profile/sabic-ventures)
- [Union Square Investment Company](https://altss.com/profile/union-square-investment-company)

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

Canonical page: https://altss.com/profile/papamarkou-wellner-asset-management

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