Old City Investment Partners

What Old City Investment Partners does

Old City Investment Partners is a privately held New York-based alternative investment firm founded in 2006 that operates as a placement agent and capital-formation intermediary for niche alternative investment managers. The firm connects alternative investment sponsors — spanning private credit, private equity, real assets, hedge funds, distressed CMBS, maritime equipment leasing, deep tech venture capital, and GP-led continuation funds — with sophisticated investors including families, institutions, RIAs, family offices, and Major Institutional Investors (>$100M AUM). The firm is built around three operating entities: Old City Investment Partners LLC (the parent), Old City Securities, LLC (an SEC-registered broker-dealer, Member FINRA and SIPC), and Old City Partners LLC (a Registered Investment Advisor), together providing licensed distribution and advisory infrastructure.

The firm's core offerings are (1) direct placement agent services delivered by senior investment staff, (2) the Old City Securities broker-dealer platform that hosts boutique advisors and placement groups to generate differentiated deal flow, (3) Alts Select — a curated, white-label digital alternatives platform co-developed with Conway Investment Solutions that delivers institutionally vetted funds (including capacity-constrained managers such as Millennium, D.E. Shaw, and AQR) to the RIA and family-office channel via digital subscription and consolidated reporting workflows, and (4) Foreign Chaperoning services that allow foreign broker-dealers to compliantly access U.S. institutional investors under SEC Rule 15a-6. The firm supplements these with the Alpha on the Delta invitation-only annual conference held during New Orleans Jazz Fest.

Revenue is generated through placement-agent fees paid by investment managers as a percentage of fees investors pay to the manager (success-based, transaction-fee model), broker-dealer platform services to boutique advisors and placement groups, Foreign Chaperoning engagements with foreign broker-dealers, and recurring/white-label economics from Alts Select. The firm does not charge investors directly and has placed over $20 billion of institutional capital with clients since inception, earning PitchBook rankings of 3rd in the United States and 5th globally in 2025. Geographic reach covers North America (New York headquarters at 589 5th Avenue), Europe, the Middle East, and Asia-Pacific (London regional headquarters at 64 Knightsbridge). Ownership is founder- and management-controlled with no disclosed external institutional investment.

Name

Old City Investment Partners

Legal name

Old City Investment Partners LLC

Website

https://oldcitycapital.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Old City Investment Partners is a New York-based, SEC-registered placement agent founded in 2006 that connects niche alternative investment managers with families, institutions, RIAs, and family offices, having placed over $20 billion cumulatively and ranking 3rd in the U.S. by PitchBook in 2025.

Ownership category

akta.pro rank

Product category

Alternative Investment Placement Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Private Equity Fundraising Placement (FSAEALAB)

akta.pro secondary industry

Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI)

Keywords

• Alternative investment placement
• Private fund placement
• Broker-dealer services
• Capital formation advisory
• Hedge fund distribution

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Placement Agent Fees: Fees paid by investment managers as a percentage of fees that investors pay to the manager. This success-based model aligns Old City with clients and investors.
2. Broker-Dealer Platform Services: Platform for boutique advisors and placement groups creating deal flow of unparalleled quality. Services include compliance, legal, and due diligence functions.
3. Alts Select Platform: White-label platform for RIAs and family offices providing curated alternatives access. Platform simplifies entire private fund investment workflow.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

Old City Investment Partners is a placement agent and broker-dealer that connects alternative investment managers with institutional investors and high-net-worth families. The firm offers a curated platform spanning private credit, private equity, real assets, and hedge funds, supported by Old City Securities (SEC-registered broker-dealer), an Alts Select digital platform for RIAs and family offices, and Foreign Chaperoning services for SEC Rule 15a-6 compliance.

Product overview

Old City Investment Partners operates as a unified alternative investment platform consisting of multiple interconnected offerings. The core business centers on placement agent services and capital formation for niche alternative investment managers, delivered through the Broker-Dealer Platform (Old City Securities) and directly offered Alternative Investments. Alts Select extends institutional-quality alternative investment access to the RIA and family office channel with digital workflow capabilities. Additional services include Foreign Chaperoning for SEC Rule 15a-6 compliant access and the Alpha on the Delta annual conference for investor-manager relationship building. The firm has placed over $20 billion of institutional capital since its founding in 2006.

Differentiator

Problem solved

Functional benefit

Brands

• Alts Select: A curated online alternatives platform for RIAs and Family Offices, developed in partnership with Conway Investment Solutions, providing low-cost access to institutionally vetted alternative investment funds.
• Alpha on the Delta
• Old City Securities

Products and services

• Alts Select A curated online platform providing RIAs and family offices with streamlined, low-cost access to alternative investment funds across private credit, real assets, private equity, and hedge funds. Features institutional-quality curation, digital subscription workflows, and consolidated reporting with white-label capability.
• Old City Securities Broker-Dealer Platform A leading platform for boutique advisors and placement groups providing deal flow of unparalleled quality for institutional and sophisticated investors. Offers access to hedge funds, private equity/venture capital, private credit, direct financings, and real assets through a network of top-tier finance professionals, with compliance, legal, and due diligence functions.
• Alternative Investment Placement Services

Quantifiable outcome

• Placed over $20 billion of institutional capital with clients since inception
• +3 more outcomes

Named customers4 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Conway Investment SolutionscoreTechnology or IntegrationStrategic technology partnership for the Alts Select platform development. Conway Investment Solutions provides the digital infrastructure for the private fund investment process, including due diligence tools, digital subscription workflows, and consolidated reporting capabilities. The platform is white-labeled and serves as a primary or complementary alternatives solution for RIAs and family offices.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Eaton Partners: Eaton Partners is one of the largest independent private fund placement agents, raising capital for PE, credit, real assets, and hedge fund managers. Directly comparable in core placement agent function, target GP/LP base, and success-fee revenue model.
• Park Hill (Blackstone): Park Hill, the placement agent arm of Blackstone, is a leading global private fund placement agent covering PE, real estate, infrastructure, and credit. Most comparable peer given overlapping LP base and PitchBook league-table ranking alongside Old City.
• Evercore Private Funds Group: Evercore's Private Funds Group is a top-tier global placement agent operating across PE, real assets, credit, and hedge funds. Comparable in league-table positioning, GP-sponsor coverage, and institutional LP distribution to Old City.
• Mercury Capital Advisors: Mercury Capital Advisors is an independent global private fund placement agent serving PE, real assets, private credit, and hedge fund managers. Comparable as a similarly sized, independent placement-agent competitor targeting institutional LPs and family offices.
• Wafra Capital Partners: Wafra Capital Partners is a placement agent and capital formation firm serving alternative investment managers across PE, credit, real assets, and hedge funds. Comparable as a niche, independent placement agent focused on alternative managers with institutional LPs.

Broad incumbents

• Houlihan Lokey Capital Markets: Houlihan Lokey runs a significant alternative fund placement practice alongside investment banking, valuation, and restructuring. Comparable in placement-adjacent services and LP distribution; broader firm offers wider capabilities competing for the same GPs.
• Lazard Asset Management Alternatives: Lazard operates a placement agent practice as part of its broader asset management and advisory platform. Comparable in serving alternative investment GPs with institutional distribution, though within a much larger diversified parent.
• Lincoln International Capital Markets: Lincoln International provides private fund placement advisory services alongside its broader M&A advisory practice. Comparable in fund placement capability and institutional LP relationships, with a wider service portfolio.

Others

• Conway Investment Solutions: Conway Investment Solutions is the technology partner Old City selected to power the Alts Select platform, providing digital subscription, due diligence, and reporting infrastructure. Compares as a technology/infrastructure enabler for the alternative investment distribution workflow.

Emerging players

• CAIS (Capital Allocation Interactive Solutions): CAIS is an alternative investment platform providing RIAs and family offices streamlined access to alts, including digital subscription workflows and curated fund offerings. Directly comparable as a competitor to Old City's Alts Select offering in the RIA/family-office channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/old-city-investment-partners

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments4 records

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

Frequently asked questions about Old City Investment Partners