Updated:
Toccata Capital
Toccata Capital is Michael Karsch's family office, concentrating capital in TMT, healthcare, and consumer sectors with $50M–$200M per deal.
Toccata Capital
Michael Karsch established Toccata Capital in 2012 as a single-family office based in New York City. Karsch previously co-founded Karsch Capital Management, a hedge fund, in 2000. The wealth origin is not publicly attributed to a specific family branch. Toccata makes concentrated equity investments across technology, media, telecom, healthcare, and consumer sectors. It typically deploys $50 million to $200 million per position and targets control or significant minority stakes in private and public companies. The firm describes itself as a long-term partner that works alongside management teams. Team size and additional offices are not publicly disclosed. No dated operational events from the last 24 months were verifiable in public records. The firm's structural differentiator is its focus on concentrated, long-duration positions in a limited number of companies — a strategy that mirrors the approach of Durable Capital Partners or Coatue Management but executed within a family office with single-family capital.
General information
Firm type
Single Family Office
Year founded
2012
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Michael Karsch
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Toccata Capital?
Michael Karsch, Founder and Managing Partner, leads investment decisions. He previously co-founded Karsch Capital Management, a hedge fund, in 2000.
What investment sizes does Toccata typically target?
Toccata deploys $50 million to $200 million per position, focusing on concentrated, long-term equity investments.
Does Toccata invest in private or public companies?
Both. The firm targets control or significant minority stakes in private and public companies across TMT, healthcare, and consumer sectors.
What is Toccata's relationship with Karsch Capital Management?
Michael Karsch founded both firms. Karsch Capital Management was a hedge fund launched in 2000; Toccata Capital was established in 2012 as a separate family office.
How does Toccata source investments?
The firm relies on direct sourcing and management relationships built over decades, often working alongside company leadership as a long-term partner.
Is Toccata Capital a single-family office or does it manage outside capital?
Toccata operates as a single-family office. It does not appear to manage capital from external limited partners.
What sectors does Toccata avoid?
Public disclosures do not list excluded sectors. The firm's known focus is TMT, healthcare, and consumer — sectors outside these are likely avoided.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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