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Roan Capital
Roan Capital was founded in 1983 by David M. Haas, whose prior firm Haas Wheat & Partners had built a track record in middle-market buyouts.
Roan Capital
Roan Capital was founded in 1983 by David M. Haas, whose prior firm Haas Wheat & Partners had built a track record in middle-market buyouts. The Haas family transitioned their capital into Roan Capital, a single-family office that invests directly and through partnerships across the United States. The firm allocates across private equity, real estate, and infrastructure, with a documented focus on energy transition and healthcare services. Roan Capital typically makes direct investments and co-investments, often in partnership with operating companies or other family offices. Confirmed portfolio companies include The Connor Group, a real estate investment firm, and Arcadian Infrastructure, a transportation logistics platform (per public records). Geographically, the firm has invested in properties and businesses from the Northeast to the Midwest and Southeast. Roan Capital maintains offices in seven cities: New York (HQ), Maple Grove (MN), Johnson City (NY), West Palm Beach, Atlanta, Pittsburgh, and Salt Lake City. The firm does not publicly disclose AUM or team headcount. No significant operational event has been publicly reported in the last 24 months. The firm's structural differentiator is its decentralized office network — unusual for a single-family office — which suggests a model of regional deal sourcing and on-the-ground asset management. The Haas family's control remains concentrated, with David Haas as Chairman and Thomas Haas as President, indicating a multi-generational governance structure.
General information
Firm type
Single Family Office
Year founded
1983
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Maple Grove, MN · Johnson City, NY · West Palm Beach, FL · Atlanta, GA · Pittsburgh, PA · Salt Lake City, UT
Principals
David M. Haas
Founder & Chairman
Thomas H. Haas
President
Sector focus
Frequently asked questions
Who manages investment decisions at 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.
How does Roan Capital deploy capital?
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.
Is Roan Capital a single-family office or does it manage outside capital?
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.
What is the source of the Haas family's wealth?
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.
Where does Roan Capital invest geographically?
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.
Does Roan Capital have a philanthropic arm?
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.
What investment stages does Roan Capital target?
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.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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