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VAULT PRIVATE WEALTH
VAULT Private Wealth was established in 2013 by Andres Piedrahita, who previously held senior roles at Citi Private Bank's Latin America division.
VAULT PRIVATE WEALTH
VAULT Private Wealth was established in 2013 by Andres Piedrahita, who previously held senior roles at Citi Private Bank's Latin America division. The firm launched to serve the cross-border wealth management needs of ultra-high-net-worth families, predominantly from Latin America, seeking to deploy capital into US-based opportunities. While the firm has not publicly disclosed the specific source of its founding capital or the families that anchor its client base, its positioning reflects the broader post-2008 trend of bankers spinning out institutional-grade investment platforms for the region's largest fortunes. The firm's investment strategy centers on US real estate and private credit, two asset classes that serve as natural entry points for non-US investors seeking dollar-denominated hard assets with income generation. The real estate practice targets direct property acquisitions, often structured through deal-specific SPVs rather than blind pool funds. The private credit arm focuses on direct lending to middle-market companies, frequently alongside other family offices. Geographic emphasis spans the US Sun Belt and gateway markets such as Miami, New York, and Los Angeles, with capital sourced primarily from families in Colombia, Mexico, Brazil, and Peru (per Citywire, 2017). VAULT operates with a lean team from its Miami headquarters, though exact headcount is not publicly disclosed. The firm's business model blends elements of a traditional multi-family office — providing consolidated reporting, estate planning coordination, and wealth transfer advisory — with a direct investment platform that resembles a boutique private equity shop. Piedrahita has maintained a low public profile, with limited press coverage and no disclosed recent fund closings or major hires. No philanthropic foundations or adjacent operating companies appear to be publicly linked to the firm. The firm's structural differentiator is its narrow cross-border mandate. Rather than compete as a full-service global wealth manager, VAULT functions as an onshore-US investment gateway for Latin American capital, a model that reduces distribution costs and leverages Piedrahita's bank-originated network of family relationships. This architecture depends heavily on a single principal and a concentrated client base, making succession and geographic diversification the central governance questions for the next decade.
General information
Firm type
Multi Family Office
Year founded
2013
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Miami
Corporate office
Miami, FL, United States
Principals
Andres Piedrahita
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at VAULT Private Wealth?
Andres Piedrahita, the firm's founder and CEO, is the key decision-maker on both investment strategy and individual deal approvals. He previously managed ultra-high-net-worth relationships at Citi Private Bank's Latin America group before launching VAULT in 2013 (per public record). The firm has not disclosed additional investment committee members or external advisors, suggesting a tightly held decision-making structure centered on the founder.
How does VAULT source deal flow for its real estate and private credit investments?
VAULT sources investments through Piedrahita's long-established network of Latin American family offices, private banks, and regional developers seeking US-based co-investors. The firm does not publicly run blind-pool funds, instead structuring individual property acquisitions and direct lending deals through SPVs that allow clients to participate deal by deal (per Citywire, 2017). This approach gives VAULT a sourcing advantage among families who prefer transparency over pooled fund structures.
Does VAULT serve as a single-family office or a multi-family office?
VAULT operates as a multi-family office, serving a concentrated number of ultra-high-net-worth families primarily from Latin America. Unlike a traditional single-family office that serves one wealth creator or dynasty, VAULT's model pools investment resources and due diligence across multiple families while maintaining separate reporting and asset custody for each household. This structure allows smaller family offices to access institutional-quality deals they could not source independently.
Does VAULT participate in fund commitments or only direct deals?
The firm's known focus is on direct co-investments in real estate properties and private credit loans rather than fund commitments. VAULT's reliance on deal-by-deal SPV structures suggests a preference for direct exposure where clients can evaluate individual assets. Public sources do not indicate significant allocations to third-party private equity, venture capital, or hedge funds as part of the firm's standard offering.
What geographic markets does VAULT target for real estate investments?
VAULT concentrates on US Sun Belt and gateway cities, with Miami serving as both headquarters and a core target market for property acquisitions. The firm also looks at New York and Los Angeles based on existing transaction disclosure patterns. On the capital-raising side, Piedrahita draws family wealth from Colombia, Mexico, Brazil, and Peru (per Citywire, 2017), making the firm's geographic advantage its ability to pair Latin American capital with US-based hard asset opportunities.
How does VAULT handle US tax and estate planning for international families?
As part of its multi-family office services, VAULT coordinates cross-border tax structuring, estate planning, and wealth transfer advisory for families with assets and heirs across multiple jurisdictions. This includes working with external law firms and CPA networks to structure US real estate holdings through foreign trusts, offshore corporations, or treaty-compliant vehicles — a critical capability given the diverse tax regimes of its Latin American client base.
What is the relationship between VAULT Private Wealth and larger Latin American banking groups?
Andres Piedrahita's background at Citi Private Bank provides the foundational relationship network that feeds VAULT's current client base, but the firm operates independently of any banking group. There is no publicly disclosed joint venture, distribution agreement, or strategic partnership with Citi or any other financial institution. This independence is a key feature of the firm's pitch to clients seeking advice unconflicted by a bank's product shelf or balance sheet objectives.
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