RPA FINANCIAL, LLC

Ronald Perelman is the principal decision-maker for the family office's investments. The office has named Howard G. Chafetz as Chief Operating Officer and Jennifer Damian as Chief Compliance Officer, but Perelman retains ultimate authority over the portfolio (per public record and SEC filings).

The office relies on a combination of direct relationships from Perelman's years in control of MacAndrews & Forbes, as well as a network of external fund managers. As a registered investment advisor, the firm also has access to proprietary co-investment opportunities through its advisory relationships, though the exact sourcing model is not publicly detailed (per public record).

RPA Financial is registered as an investment advisor with the SEC, distinguishing it from a pure single-family office. The firm provides investment advisory services to other families and clients, effectively functioning as a multi-family office. This structure subjects it to regulatory oversight and public disclosure requirements (per SEC Form ADV).

The firm covers a broad range of stages across asset classes, including buyout and growth equity via private equity, direct venture capital investments, and credit or special opportunities through hedge fund allocations. The specific stage emphasis is not publicly disclosed, but Perelman's historical focus has been on undervalued or turnaround situations (per public record).

Yes, the Perelman family has funded the Ronald Perelman Family Foundation, which is separate from RPA Financial. The foundation makes charitable grants in areas including education, the arts, and medical research, with assets reported in public filings (per Foundation Center).

The office selectively participates in co-investments, often in private equity and venture capital, leveraging Perelman's operational expertise. The frequency and size of these co-investments are not publicly tracked, but the firm's SEC registration as an advisor indicates an appetite for direct deals tailored to client portfolios (per public record).

Ronald Perelman's wealth was created through MacAndrews & Forbes, the holding company through which he acquired and managed Revlon and other consumer and industrial firms. He sold his remaining Revlon stake in 2021, and the family office now manages the proceeds from those sales alongside other holdings (per Bloomberg, Forbes).