Telemus Capital

Gary Ran serves as CEO and Chairman, with final authority over the firm's investment policy and strategic asset allocation. The investment committee includes senior portfolio managers and external consultant input for alternative manager selection. Their process mirrors an institutional endowment model, with quarterly tactical reassessments and annual deep-dive reviews on each manager relationship.

Telemus sources private equity and real estate deals through long-standing general partner relationships, direct co-investment invitations from fund managers, and Midwest-originated real estate operating partnerships. The firm's deal-sourcing posture is sponsorship-led rather than auction-led, leaning on manager relationships built since the 2005 founding.

Telemus is a Securities and Exchange Commission-registered investment advisor, not a single-family office. Its client base includes high-net-worth families, endowments, and foundations. The firm's service model incorporates elements typical of a multi-family office — estate planning, tax strategy, and philanthropic advisory — wrapped around an institutional-grade investment platform.

Telemus allocates to both third-party private fund commitments and direct co-investment opportunities. The firm uses primary fund commitments to build diversified private equity and real estate exposure, then layers in direct co-investments to enhance returns and reduce blended fees. Direct deals are sourced primarily through existing GP relationships.

Within private equity, the firm targets a mix of middle-market buyout and growth equity strategies, primarily through fund commitments to North American managers. Direct co-investments typically align with the buyout stage where GP partners invite Telemus into specific transactions. The firm does not run a dedicated venture capital program.

Telemus merged with Bloomfield Hills-based Financial Management Group in 2018, integrating their estate planning and tax advisory capabilities into the combined platform. The merger expanded Telemus's Southeast Michigan footprint and added depth in insurance and legacy planning services without altering the core OCIIO investment structure.

Telemus actively pursues co-investment alongside external general partners, specifically where the firm can negotiate reduced or eliminated management fees and performance carry on those specific positions. The co-investment program is available to qualifying wealth-management clients and institutional relationships, not via a separate commingled fund.