# The Abernathy Group II

The Abernathy Group II is a Multi Family Office based in New York, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 530 5th Avenue, 17th Floor, New York, NY 10036, United States
- **Founded:** 2010
- **Assets under management:** Undisclosed (Altss estimate)
- **Website:** abernathygroupfamilyoffice.com
- **LinkedIn:** https://www.linkedin.com/company/the-abernathy-group

## Regulatory record

- **CRD number:** 152401
- **SEC file number:** 801-71255
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-04T06:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/152401

## About

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. 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.

## Sectors

- Healthcare Services
- Distressed & Turnaround
- Activist / Hostile
- Industrial Tech

## People

- Steven Abernathy — Founder and Chairman
- Barry Friedberg — Chairman

## Questions

### Who runs investment decisions at The Abernathy Group II?

Steven Abernathy serves as Founder and Chairman. Barry Friedberg acts as Chairman alongside him. Decisions incorporate input from affiliated partners including Peter Berger.

### How does The Abernathy Group II source proprietary deal flow?

The firm draws on long-standing relationships from prior affiliations at Bernstein Global Wealth Management and FriedbergMilstein. Board memberships at the Economic Club of New York and Council on Foreign Relations provide additional access.

### Does The Abernathy Group II participate in fund commitments or only direct deals?

It uses both approaches. Allocations include fund-of-funds commitments as well as direct co-investments and SPVs.

## Related profiles

- [RIJO Investment Group](https://altss.com/profile/rijo-investment-group-richard-feldman-family-office)
- [Lyy-Invest](https://altss.com/profile/lyy-invest)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-abernathy-group-ii-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology