Private Capital Asset Management

Investment leadership sits with Managing Director Matthew C. Andrews — who serves as President and Portfolio Manager of affiliate Private Capital Advisors — alongside Robert B. Morse, who acts as CIO at the affiliated Morse Asset Management. Robert Andrews, the Executive Chairman, guides overall firm strategy but does not act as day-to-day portfolio manager. The team operates a committee-based allocation process across asset classes, with individual portfolio managers retaining discretion within assigned mandates.

It operates as a hybrid. The firm was established in 2021 to serve external high-net-worth individuals and institutions, but its governance and leadership remain concentrated in the Andrews family. The parent entity, Private Management & Consulting Group, houses both the advisory business and a separate family-office services arm, making the structure closer to a multi-family office with a strong single-family anchor.

PCAM allocates across both direct investments and fund commitments. Its mandate spans venture capital, public equities, and real estate development. The firm has not publicly disclosed specific fund managers it backs, but the team's research background — particularly Matthew C. Andrews' coverage of IT hardware, clean-tech, and digital media at Kaufman Bros. — informs its direct-deal sourcing in those sectors.

The firm has not published an exclusion list. Given the team's background, the portfolio tilts toward technology, media, and telecommunications — areas covered during Matthew Andrews' equity-research career — while energy became a formal capability with the 2024 hiring of Peter Kissel. The firm's generalist mandate likely means it avoids highly regulated industries where its in-house tax and estate-planning expertise is not a differentiator.

Private Capital Advisors and Morse Asset Management are affiliated entities that share senior investment staff with PCAM. Matthew Andrews serves as President and Portfolio Manager at Private Capital Advisors, where he is responsible for over $900 million in assets. Robert Morse is CEO and CIO of Morse Asset Management, and several team members — including Jian Wang, Andrew McLaughlin, and Lauren Adelman — hold dual roles across the firms. This interlocking structure allows PCAM to pool research, trading, and compliance resources without consolidating all assets under a single ADV.

There is no formal philanthropic foundation attached to the firm. Vincent Andrews, an Executive Director, is a founding trustee of the Baker Scholars program at Georgetown University, indicating personal giving activity. The family-office services arm does advise on estate and tax planning — areas where charitable structuring could arise — but no separate 501(c)(3) vehicle is publicly tied to the firm.

The firm has not disclosed a formal co-investment program. Its venture-capital and real-estate allocation likely includes direct co-investment opportunities sourced through the team's network — particularly given the Bobby Morse–Merrill Lynch–Evercore lineage — but no public record confirms club-deal participation or regular side-by-side investing with unaffiliated managers.