Belzberg & Co.

What Belzberg & Co. does

Belzberg & Co. (legal entity Belzberg Investments, LLC) is a privately held, SEC-registered investment adviser founded in 1992 and headquartered at 680 5th Avenue, New York. Operating with a team of 11-50 led by Founder Strauss Zelnick and Managing Director Jason van Itallie, the firm functions as an investment platform for high net worth individuals and families, deploying a flexible capital pool across multiple asset classes and verticals through two primary product lines: direct Private Equity (operating businesses and real estate, with an emphasis on identifiable cash flows and tangible assets) and Liquid Assets & Alternatives (tailored liquid portfolios plus capital commitments to alternative fund managers).

The firm extends its reach through two affiliated fund platforms: Everberg Capital, a U.S. middle-market private capital firm offering senior debt, mezzanine, preferred equity, and unitranche structures; and Balfour Pacific, a Vancouver-based private equity real estate firm focused on U.S. value-added and core-plus investments for institutional and HNW clients. Disclosed select portfolio assets span mixed-use real estate (Dartmouth Crossing in Nova Scotia; San Diego Airpark, a 331-acre aviation infrastructure project in Otay Mesa, CA), residential land (Lively Ranch, Georgetown, TX, sold to a nationwide homebuilder), and next-generation battery technology (PolyPlus Battery Company, Berkeley, CA).

Belzberg's business model is built on management fees, capital deployment returns, and carried interest on direct deals and affiliated fund activities, though revenue is not publicly disclosed. Its 2024 co-investment in Kendra Scott Design Inc. alongside 65 Equity Partners and HPS Investment Partners illustrates the firm's co-investor posture in growth-stage consumer and real assets. The firm markets a "data-centered approach" combined with a deep sourcing network, but discloses no proprietary AI/ML tooling, no public AUM, and no institutional LP roster beyond the affiliated platforms.

Name

Belzberg & Co.

Legal name

Belzberg Investments, LLC

Website

https://belzbergco.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Belzberg & Co. is a privately held, SEC-registered investment adviser that deploys flexible capital across private equity, real estate, liquid assets, and alternatives for high net worth individuals and families, with affiliated fund platforms Everberg Capital and Balfour Pacific.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM), Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)

Keywords

• Private equity investing
• Alternative investments
• Family office services
• Real estate investment
• Investment management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D

Core offering

Belzberg & Co. is an SEC-registered investment platform for individuals and families that deploys flexible capital on a direct basis across multiple asset classes and verticals. The firm also creates and manages tailored liquid portfolios and alternative investment strategies, and operates two affiliated fund platforms: Everberg Capital (private capital solutions for the U.S. middle market) and Balfour Pacific (value-added and core-plus real estate investments).

Product overview

Belzberg & Co. is an SEC-registered investment platform for individuals and families that deploys flexible capital through multiple investment vehicles. The core offering consists of Private Equity (direct capital deployment across multiple asset classes) and Liquid Assets & Alternatives (tailored liquid portfolios and alternative fund investments). Affiliated fund platforms include Everberg Capital (creative capital solutions for U.S. middle market) and Balfour Pacific (value-added real estate investments). Portfolio assets span diverse sectors including mixed-use development (Dartmouth Crossing), residential land (Lively Ranch), battery technology (PolyPlus Battery Company), and aviation infrastructure (San Diego Airpark).

Differentiator

Problem solved

Functional benefit

Products and services

• Private Equity

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Everberg CapitalcoreOthersEverberg Capital is a private capital investment firm affiliated with Belzberg & Co., focused on providing creative capital solutions to the U.S. middle market. Investments may take the form of senior debt, mezzanine or subordinated notes, preferred equity, or enhanced unitranche debt.
• Balfour PacificcoreOthersBalfour Pacific is a Vancouver-based private equity real estate firm affiliated with Belzberg & Co., focusing on value-added and core-plus investments in the United States, investing on behalf of institutions and high net worth investors.
• North America's Leading Retail and Residential Development GroupminorStrategic or Co-development PartnerPartnership with one of North America's leading vertically integrated retail and residential development groups for Dartmouth Crossing mixed-use development in Dartmouth, Nova Scotia.
• Leading Nationwide Real Estate Development and Investment FirmminorStrategic or Co-development PartnerPartnership with a leading nationwide real estate development and investment firm for San Diego Airpark, a 331-acre mixed-use aviation infrastructure development in Otay Mesa, CA.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Pathstone: Independent, multi-family-office RIA serving high-net-worth families with discretionary portfolio management, direct private investments and alternatives — directly comparable to Belzberg's RIA-led, multi-asset HNW platform.
• Aspiriant: Private, employee-owned RIA focused on HNW households providing investment advisory, tax, and estate services — overlapping client base, RIA regulatory model, and discretionary wealth management orientation.
• Cerity Partners: Wealth management and business advisory firm for HNW individuals and families combining portfolio management, tax, and alternatives access — comparable HNW client focus, RIA structure, and multi-strategy offerings.
• Cresset: Multi-family office and private investment firm offering wealth management, direct private investments and real estate to HNW families — directly comparable client profile and multi-asset platform.
• Pitcairn: Multi-family office providing investment management, trust, and direct/private investing for HNW families — comparable HNW-only RIA model with multi-asset and direct-investment capabilities.
• Corient: Private, ultra-HNW wealth management platform built through M&A of multiple RIAs — similar large RIA orientation toward HNW clients with comprehensive portfolio and alternatives solutions.

Broad incumbents

• Brown Brothers Harriman: Large, established private bank and wealth manager offering investment advisory and alternatives to HNW families — broad incumbent that competes with Belzberg in the same RIA / multi-family-office space.
• Rockefeller Capital Management: Diversified wealth manager and investment bank serving UHNW families with advisory, asset management and direct deals — broader incumbent offering overlapping HNW multi-asset capabilities.

Emerging players

• 65 Equity Partners: Direct private equity firm focused on consumer-related operating companies that co-invested with Belzberg in Kendra Scott — adjacent private capital actor with overlapping thesis and counterparty relationship.
• Balfour Pacific: Vancouver-based value-added/core-plus U.S. real estate private equity firm investing for institutions and HNW investors — affiliated with Belzberg, with directly comparable U.S. real estate strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Belzberg & Co.