Tue, Aug 4, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Joe DaGrosa and David Neithardt launch DaGrosa Capital Partners

Wednesday, April 03, 2019
Opalesque Industry Update - Today veteran investment executives, Joe DaGrosa and David Neithardt, have launched DaGrosa Capital Partners, established to manage their public securities investments for their respective family offices as well as those of their co-investors. In partnership with General American Capital Partners, Mr. DaGrosa and Mr. Neithardt now have the platform to invest in public securities investments and private equity investments. Guided by the extensive experience of the principals, DCP will employ an event-driven strategy aimed at delivering long-term value to accredited and institutional investors. DCP will invest a majority of its assets in publicly traded equity and debt securities, and will also capitalize select private equity investments made possible by their access to proprietary deal flow.

"We believe that there are abundant opportunities to identify companies whose prices do not represent their fundamental value. However, unlocking this value typically requires a catalyst to make this happen, we believe we have extensive experience identifying these catalysts and will in some cases actually serve as the catalyst through a 'friendly activist' approach" said Joe DaGrosa, Chairman and Chief Investment Officer of DaGrosa Capital Partners LLC. "For over 20 years I've had the honor of identifying and capitalizing on investment opportunities with my partner and friend David Neithhardt, and we are delighted to launch DCP to enable outside investors to join us as true partners."

"We intend to utilize DCP to build wealth over the long term through carefully managed public securities investments," said David Neithardt, Chief Operating officer of DaGrosa Capital Partners LLC. "I am also thrilled to continue to work alongside my partner and friend Joe DaGrosa, and our strong team, as we focus on delivering exceptional results for our investors."

In addition to being the Chairman and CIO of DCP, Joe DaGrosa is also the Chairman, Co-Founder and CEO of GACP, a private equity firm located in Coral Gables, FL. Prior to GACP, he was one of three senior partners at 1848 Capital Partners LLC. His public and private equity experience spans over 30 years and he has completed transactions across multiple industries including sports & entertainment, retail, insurance, and healthcare. Mr. DaGrosa is also the Chairman of Girondins de Bordeaux, a football club in France's Ligue 1 and Soccerex, the world's largest organizer of soccer business conferences. Since 2008, Mr. DaGrosa has also served as CIO for the public securities investment portfolio for Jet Support Services Inc. ?€?

David Neithardt is the COO of DCP. Mr. Neithardt is also the Chief Operating Officer and Co-Founder of GACP. Prior to GACP, he was one of three senior partners at 1848. ?€?Prior to 1848, Mr. Neithardt worked at MapleWood Partners LP, a middle market private equity firm. He began his career in 1991 as a Financial Analyst in Smith Barney Inc.'s Corporate Finance Group where he completed transactions with aggregate dollar proceeds of over $1.5 billion.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Venture funds and their investors differ on portfolio valuation during pandemic, Coronavirus stalls PE in first half but rebound may be on the horizon, Private equity investments reach all time high in CEE, with prospects remaining strong, European venture report Q2 2020: Funding down to 2018 levels after record high in 2019[more]

    Venture funds and their investors differ on portfolio valuation during pandemic From WSJ: Venture-capital funds and their investors don't always agree on how to tally up the performance of venture portfolios, and estimating the value of a portfolio has become much more complicated this

  2. Property: Hedge fund's battle with its REIT escalates with new claims, Real estate: 'The office is not dead yet', Distress mounts in U.S. property market frozen by pandemic, COVID-19 and real estate: The devil is in the dispersion[more]

    Hedge fund's battle with its REIT escalates with new claims From Bloomberg: Hedge fund Pine River Capital Management and Two Harbors Investment Corp., the real estate investment trust it manages, escalated their legal battle, with each lodging new allegations against the other. Two

  3. Investing: Yield stocks are the way to go for this Australian hedge fund, Tech stock rally is far from repeating the 1990s dot-com bubble, SunTrust says, Stocks now in 'the painful stage' before a more balanced bull market emerges, Morgan Stanley chief US equity strategist says[more]

    Yield stocks are the way to go for this Australian hedge fund From Bloomberg: Equities that offer attractive yields are the last remaining place investors can get returns in a world of zero interest rates, according to Kardinia Capital. The Sydney-based absolute return manager of one

  4. Study: Small endowments and foundations fall behind in the pandemic, Covid-19 could be trigger for widespread mandate losses[more]

    Small endowments and foundations fall behind in the pandemic From Institutional Investor: Bigger allocations to alternative assets may be benefiting their larger peers - for now. Large endowments and foundations in the U.S. beat smaller ones in the first quarter, reversing last year's per

  5. The Big Picture: Equities over gold, says expert investor[more]

    B. G., Opalesque Geneva: 68 years ago, economist Harry Markowitz formulated the Mean-Variance Efficient Frontier and a quantitative method that could help investors maximize risk-adjusted retu