Belfer Management LLC
Investment ManagementNew York, United States11-50 Employees
Belfer Management LLC is a New York City–based investment management firm that operates as a family office affiliated with the Belfer family. It was founded in 2000 by Robert Belfer, now Chairman Emeritus, and his son Laurence Belfer, who serves as CEO, to manage the family’s investment and philanthropic activities. The organization maintains a diversified portfolio with historical emphasis on energy, real estate, and financial services, and it invests in the United States and abroad across the capital structure with an equity emphasis; all capital is principal capital, enabling rapid, flexible front-end execution and patient support on the back end. It primarily uses a self-directed model and is the largest money manager for its capital, with selective allocations to third-party managed funds; on the public side it is long-biased and concentrated with a long-term horizon, while privately it partners or co-invests with like-minded families, private equity firms, and hedge funds with side-pockets, and may consider both control and non-control investments. The firm is a relatively small, close team that favors a generalist approach to analysis, aims to move quickly yet thoughtfully on opportunities, and regards its reputation, earned over decades, as a key asset.