The Abernathy Group II

The Abernathy Group II

Steven Abernathy established The Abernathy Group II in 2010. The firm originated from his prior role at Bernstein Global Wealth Management and now functions as a multi-family office delivering fiduciary advisory on wealth preservation and generational transfer. The office allocates across public equities, private equity, hedge funds, real estate, and private credit. It executes direct co-investments and secondaries while maintaining exposure to distressed situations and activist positions. Geographic reach includes North America, Europe, Asia, and the Middle East. Holdings encompass commercial properties at 530 Fifth Avenue and 17 State Street in New York plus residential estates in Southampton. The Abernathy Group II reports an estimated $80 million under management. It maintains affiliations with the CFA Institute, the New York Society of Security Analysts, and the Palm Beach Hedge Fund Association. Principals hold trusteeships at New York-Presbyterian Hospital, Columbia Business School, and the University of Pennsylvania. No operational events from the last 24 months appear in available records. The firm separates its investment mandate from affiliated philanthropic vehicles, including the Abernathy Family Foundation and the Barry and Charlotte Friedberg Foundation. Governance centers on named principals rather than a single-family mandate.