Roan Capital

David M. Haas is Founder and Chairman, while Thomas H. Haas serves as President. The firm's investment decisions appear centralized under the Haas family, though the network of seven regional offices suggests local deal teams have some autonomy.

Roan Capital makes direct investments and co-investments across private equity, real estate, and infrastructure. The firm often partners with operating companies or other family offices, avoiding a fund-of-funds approach.

Roan Capital operates as a single-family office for the Haas family. There is no public evidence that it manages third-party capital, though it may co-invest alongside other families or institutions.

David M. Haas built wealth through Haas Wheat & Partners, a Dallas-based investment firm he co-founded in the 1980s that specialized in middle-market buyouts. The proceeds from that firm's activities underpin Roan Capital's capital base.

The firm invests across the United States, with a focus on regions where its multiple offices are located: the Northeast, Midwest, Southeast, and Mountain West. Specific investments have been documented in the Northeast and Southeast.

The firm does not publicly disclose a separate philanthropic foundation. The Haas family may participate in charitable giving through personal vehicles, but no specific Roan Capital charitable entity is on record.

Roan Capital appears to focus on direct investments in private equity and real estate, with a bias toward established operating businesses and income-producing properties rather than early-stage venture or startup investments.