Private Capital Management

Private Capital Management

Thomas E. Meade founded Private Capital Management in 1986, anchoring the firm in Denver after a long tenure as president of Fidelity Brokerage Services. The wealth engine traces to his liquidity event from that role and the subsequent build-out of a multi-family office that now serves families, entrepreneurs, and institutions — a practice expanded by the later additions of Managing Principals Justin Apt, Gary Wagner, and Joe Ramos. The firm deploys capital across private equity, private credit, direct co-investments, secondaries, and special situations, with a concentrated buyout mandate in North America. Portfolio exposure spans Industrial Tech, AgriTech & FoodTech, and Healthcare Services. While the firm operates registered investment-advisory and financial-planning practices typical of a multi-family office, the buyout strategy leans on deal-by-deal co-investment vehicles and SPVs, positioning the Meade-led group as a hybrid operating-asset owner rather than a pure fund-of-funds allocator. Meade Investments, Inc. Team credentials include CFA and CFP designations, and the office maintains professional memberships with both the CFA Institute and the CFP Board. Gary Wagner entered the partnership through the acquisition of Wagner Wealth Management; Joe Ramos joined via the Larkspur PCM entity that merged into Beacon Pointe, confirming PCM’s preference for acquiring advisory books while centralizing deal flow. PCM runs a dual-chamber structure: one side handles fee-based wealth management and financial planning for high-net-worth families; the other side operates an opportunistic buyout practice that issues co-investment tickets from a single-family-office-origin balance sheet. This architecture, coupled with the founder’s continued piloting of firm aircraft for business travel, keeps overhead low and decision rights concentrated — an operational posture closer to a family-run holding company than to the typical institutional multi-family office.