Asset Manager

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Tukman Grossman Capital Management

Tukman Grossman Capital Management is a US-based asset manager in Larkspur. It oversees approximately $1 billion in assets, primarily in North America.

Tukman Grossman Capital Management logo

Tukman Grossman Capital Management

Tukman Grossman Capital Management is a US-based asset manager in Larkspur. It oversees approximately $1 billion in assets, primarily in North America.

Website
tukman.com

General information

Firm type

Generalist

Year founded

1980

Location

Region

North America

Country

United States

City

Larkspur

Corporate office

Larkspur, CA, United States

Principals

Melvin Tukman

Co-Founder

Daniel Grossman

Co-Founder

Sector focus

Public Equities

Frequently asked questions

Who runs investment decisions at Tukman Grossman?

Co-founders Melvin Tukman and Daniel Grossman have led the firm's investment process since its founding in 1980. Both principals remain directly involved in portfolio management and security selection. The firm has not publicly detailed a broader investment committee structure or succession plan beyond the two founders.

What is Tukman Grossman's investment strategy?

The firm manages concentrated, long-only US large-cap equity portfolios. The strategy focuses on buying high-quality businesses at discounts to intrinsic value, typically holding 20 to 30 positions. The approach is fundamental and bottom-up, with position sizing driven by conviction rather than benchmark-relative constraints.

Does Tukman Grossman manage separate accounts or pooled funds?

Tukman Grossman primarily manages separate accounts for institutional and high-net-worth clients. The firm's historical client base has included university endowments, foundations, and family offices. There is no public record of the firm offering commingled mutual funds or ETFs to retail investors.

Is Tukman Grossman structured as a family office?

No. Tukman Grossman Capital Management is an independent registered investment adviser, not a family office. The firm manages capital for external institutional and private clients. The co-founders are not publicly associated with managing a single family's wealth through this entity.

Where is Tukman Grossman located and why does that matter?

The firm is headquartered in Larkspur, California, in Marin County north of San Francisco. Operating from a single office removed from major financial centers for over 40 years reflects a deliberate choice to avoid industry distractions. The location has no bearing on the investment universe, which is national and concentrated in large-cap US equities.

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