# Sugar Maple Asset Management

Sugar Maple Asset Management is an Asset Manager based in Sister Bay, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Sister Bay, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2014
- **Assets under management:** $500M – $1.5B (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/70762760

## Regulatory record

- **CRD number:** 282632
- **SEC file number:** 801-126457
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/282632

## About

SUGAR MAPLE ASSET MANAGEMENT, LLC is an SEC-registered investment adviser in SISTER BAY, WI, registered since 2022. The firm manages approximately $292 million in assets. It employs 3 employees and 3 investment advisers.

## Sectors

- Real Estate
- Private Credit
- Secondaries & Special Situations

## People

- Michael A. Fascitelli — Founder and CEO

## Questions

### Who makes investment decisions at Sugar Maple?

Michael Fascitelli, the firm's founder, serves as CEO and makes all final investment decisions. He draws on over 30 years of institutional real estate experience, including 16 years as president of Vornado Realty Trust and a prior career as a partner at Goldman Sachs, where he co-headed the real estate investment banking group.

### How does Sugar Maple source its deals?

Deal flow originates almost entirely through Fascitelli's personal network of developers, brokers, lenders, and institutional counterparties cultivated across his decades in New York commercial real estate. The firm does not participate in broad auction processes, focusing instead on off-market opportunities where speed, certainty, and structural creativity provide an edge.

### Does Sugar Maple make fund commitments or only direct deals?

The firm exclusively pursues direct transactions — making equity investments, providing credit, and structuring special-situation capital directly into assets and operating companies. It does not allocate to external real estate funds or fund-of-funds programs.

### Which geographies does Sugar Maple target?

The firm concentrates on major US gateway markets, with primary focus on the New York metropolitan area, South Florida, and Los Angeles. Fascitelli's deep operational history in New York makes the tri-state area the firm's most active region.

### How is Sugar Maple related to Vornado Realty Trust?

Sugar Maple is an independent firm founded by Vornado's former president, Michael Fascitelli, after his departure from Vornado in 2013. There is no ongoing formal affiliation, operational overlap, or capital relationship between the two entities, though transactions occasionally involve counterparties from Fascitelli's Vornado-era relationships.

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- [Insigneo](https://altss.com/profile/insigneo-advisory-services-llc)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sugar-maple-asset-management-llc

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