Wexford Capital
Wexford Capital LP is a private, SEC-registered multi-strategy investment firm managing $6.5 billion in assets through hedge funds, private equity, credit opportunities, and real estate funds for institutional and qualified high-net-worth investors.
- Company typePrivate
- Founded1994
- HeadquartersWest Palm Beach, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Wexford Capital does
Wexford Capital LP is a privately held, SEC-registered, value-oriented multi-strategy investment firm founded in 1994 by Charles Davidson and Joseph Jacobs. The firm manages approximately $6.5 billion in assets across a family of private funds spanning hedge funds (public-market equities, fixed income arbitrage, risk arbitrage, special situations), private equity funds (with operating expertise in energy, natural resources, and real estate), credit opportunities funds (high yield, distressed, performing loans), and real estate strategies (multi-family, senior housing, hospitality, land). Wexford employs over 40 people, including 12 investment professionals, across three U.S. offices in West Palm Beach, Greenwich, and Oklahoma City.
The firm's investment approach centers on opportunistic, contrarian positioning — buying quality assets at attractive prices with views that intentionally diverge from consensus — anchored by five decades of combined investment experience among its founding partners. Core products are distributed through private offering memoranda to two primary customer segments: institutional investors (pension funds, endowments, family offices) seeking diversified, risk-adjusted alternative exposure, and qualified high-net-worth individuals seeking access to institutional-quality alternative strategies. Revenue is generated through management fees and performance fees (carried interest) on its multi-strategy funds.
Wexford's recent activity includes concentrated equity and credit positions in small-cap energy and mining companies (Mammoth Energy Services at 25.06%, Sailfish Royalty at 66.28%, a C$5 million credit facility to Bonterra Resources), a real estate joint venture in Delray Beach, Florida, and exploratory engagement with Uzbekistan's stock exchange for foreign institutional participation. The firm continues to invest selectively in both public and private markets with no disclosed plans for an IPO, secondary offering, or material change to its private partnership structure.
Wexford Capital firmographics
Firmographics- Name
- Wexford Capital
- Legal name
- Wexford Capital LP
- Website
- https://wexford.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Wexford Capital LP is a private, SEC-registered multi-strategy investment firm managing $6.5 billion in assets through hedge funds, private equity, credit opportunities, and real estate funds for institutional and qualified high-net-worth investors.
- Ownership category
- akta.pro rank
Wexford Capital industry classification
Industry- Product category
- Alternative Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM)
- akta.pro secondary industries
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)
Keywords
Where Wexford Capital is headquartered
LocationHeadquarters
- HQ city
- West Palm Beach
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Wexford Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Management and Performance Fees: As an SEC-registered investment firm, Wexford generates revenue through management fees and performance fees (carried interest) from its multi-strategy hedge funds and private equity funds.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Wexford Capital product offering
Product offeringCore offering
Wexford Capital LP is an SEC-registered, value-oriented multi-strategy investment firm that invests across public and private markets through hedge funds, private equity funds, and credit opportunities funds. The firm deploys an opportunistic, value-driven approach focused on buying quality assets at attractive prices, with strategies spanning equities, fixed income arbitrage, risk arbitrage, distressed securities, high yield credit, energy, natural resources, and real estate. Founded in 1994 and managing approximately $6.5 billion in assets, Wexford distributes its funds through private offerings to qualified institutional investors and high-net-worth individuals.
Product overview
Wexford Capital is a multi-strategy investment firm offering hedge funds, private equity funds, and credit opportunities funds. The firm's core products include public market hedge funds investing in equities, fixed income, and special situations, alongside private equity funds with operational expertise in energy and natural resources. The Credit Opportunities Funds focus on high yield and distressed securities. The firm also pursues macro thematic investments across equities, commodities, FX/rates, mortgages, and real estate sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Hedge Funds Multi-strategy hedge funds investing across public markets including equities, fixed income arbitrage, risk arbitrage, and special situations. Managed for institutional investors and qualified high-net-worth individuals.
- Private Equity Funds Private equity investment vehicles focusing on energy, natural resources, and operating businesses with hands-on involvement in company operations. Oversaw by President Joseph M. Jacobs.
- Credit Opportunities Funds Credit-focused funds investing in high yield fixed income, distressed securities, performing bonds, and performing loans. Co-managed by Mark D. Zand since inception.
Companies that use Wexford Capital
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Wexford Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wexford Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor.
- Uzbekistan Capital Market InstitutionsminorWexford Capital participated in meetings with Uzbekistan officials at the Tashkent Republican Stock Exchange to discuss developing Uzbekistan's stock market and expanding foreign institutional participation. Discussions covered market entry, capital repatriation, and market infrastructure improvements.
- CDS International HoldingsminorCDS International Holdings partnered with 13th Floor Investments, Key International, and Wexford Capital on the Parks at Delray mixed-use community development in Delray Beach, Florida. Wexford Capital is a development partner in this second phase project.
- 13th Floor Investmentsminor13th Floor Investments is leading the Skye Apartments development, the second phase of Parks at Delray, in partnership with Key International, CDS International Holdings, and Wexford Capital. ANF serves as general contractor.
- Key InternationalminorKey International partnered with 13th Floor Investments, CDS International Holdings, and Wexford Capital on the Parks at Delray development project in Delray Beach, Florida.
- OR Royalties Inc.minorOR Royalties Inc. entered into a share purchase agreement to acquire Terraco Gold Corp. (wholly owned subsidiary of Sailfish Royalty Corp.) from Sailfish. Terraco Gold holds royalties on Spring Valley gold project and Moonlight property in Nevada.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
Wexford Capital competitors and assessment
Company assessmentDirect peers
- Angelo, Gordon & Co. Multi-strategy alternative manager with credit, real estate, and PE strategies, similar in opportunistic, value-oriented approach (now part of TPG). Direct comparable on strategy mix.
- Cerberus Capital Management: Multi-strategy alternative investment firm operating distressed credit, real estate, and private equity strategies, with comparable opportunistic, control-position investing.
- Baupost Group: Large multi-strategy value-oriented investment manager with concentrated, opportunistic positions across public and private markets — philosophically the closest peer to Wexford.
- King Street Capital Management: Multi-strategy hedge fund with focus on distressed, special situations, and value investing — closely aligned with Wexford's hedge fund book and risk-arbitrage heritage.
- Fortress Investment Group: Diversified alternative asset manager across credit, real estate, and PE, with similar multi-strategy structure and SEC-registered investment adviser model.
- Sculptor Capital Management: Multi-strategy alternative asset manager (formerly Och-Ziff Capital Management) running credit, equities, and structured credit strategies with similar opportunistic, value-driven philosophy and institutional LP base.
- Marathon Asset Management: Credit-focused alternative asset manager with distressed, special situations, and private equity strategies, comparable to Wexford's Credit Opportunities and special situations mandates.
- Silver Point Capital: Credit-focused alternative manager with distressed, special situations, and opportunistic credit strategies — comparable to Wexford's Credit Opportunities Funds.
- Davidson Kempner Capital Management: Multi-strategy hedge fund manager with deep distressed, credit, and special situations expertise — directly comparable to Wexford's credit opportunities and special situations focus.
- Avenue Capital Group: Distressed and special situations credit manager with global reach, similar in opportunistic credit deployment and focus on undervalued situations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Wexford Capital social profiles
Digital presenceWexford Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wexford Capital leadership team
Management profileNumber of profiles
Profiles11 records
Wexford Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wexford Capital M&A and investment
M&A and investmentM&A
Investments35 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wexford Capital
What does Wexford Capital do?
Wexford Capital LP is an SEC-registered, value-oriented multi-strategy investment firm that invests across public and private markets through hedge funds, private equity funds, and credit opportunities funds. The firm deploys an opportunistic, value-driven approach focused on buying quality assets at attractive prices, with strategies spanning equities, fixed income arbitrage, risk arbitrage, distressed securities, high yield credit, energy, natural resources, and real estate. Founded in 1994 and managing approximately $6.5 billion in assets, Wexford distributes its funds through private offerings to qualified institutional investors and high-net-worth individuals.
Is Wexford Capital a public or private company?
Wexford Capital is a private company. It is classified as management employee owned and is currently operating.
When was Wexford Capital founded?
Wexford Capital was founded in 1994. It employs 51 to 100 people.
Where is Wexford Capital based?
Wexford Capital is headquartered in West Palm Beach, United States, in the North America region.
How does Wexford Capital make money?
One revenue line is on record: management and Performance Fees.
Who are Wexford Capital's main competitors?
Direct peers on record are Angelo, Gordon & Co., Cerberus Capital Management, Baupost Group, King Street Capital Management, Fortress Investment Group, Sculptor Capital Management, Marathon Asset Management, Silver Point Capital, Davidson Kempner Capital Management and Avenue Capital Group.
Does Wexford Capital have an API?
No public API is recorded for Wexford Capital.
What industry is Wexford Capital in?
Wexford Capital's product category is Alternative Investment Management. Its primary akta.pro industry code is FSAHAIAM, Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds), with a secondary code of BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE). Its NAICS code is 52394 and its SIC code is 6282.