Wexford Capital

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.

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

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

• Multi-strategy hedge funds
• Private equity investments
• Credit opportunities funds
• Distressed securities investing
• Alternative investment management

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. 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

Core 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.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor.

• Uzbekistan Capital Market InstitutionsminorStrategic or Co-development Partner · 23 June 2026Wexford 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 HoldingsminorStrategic or Co-development Partner · 13 May 2026CDS 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 InvestmentsminorStrategic or Co-development Partner · 13 May 202613th 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 InternationalminorStrategic or Co-development Partner · 13 May 2026Key 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.minorStrategic or Co-development Partner · 23 February 2026OR 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

Direct 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

• LinkedInlinkedin.com/company/wexford-capital-lp

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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

M&A

Investments35 records

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

Frequently asked questions about Wexford Capital