Constellation Wealth Capital, Llc
- Regulatory AUM
- $2.5B
- Discretionary
- $2.5B
- Clients
- 10
- Avg AUM / client
- $252M
- Accounts
- 10
- Employees
- 20
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 10 | $2.5B | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $550M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Constellation Wealth Capital Fund, L.P. master | Private Equity Fund | Delaware | $531M | 43 |
| Constellation Wealth Capital Fund A, L.P. master | Private Equity Fund | Delaware | $18.3M | 8 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Heckenberg, Karl, Henry | President & Managing Partner | Jun 2023 (3y) | ≈ 37.5% – 75% via Constellation Wealth Capital Manager Holdings, Lp | |
| Mchugh, Patrick, Shamus | Managing Director, Head Of Investments | Sep 2023 (3y) | Less than 5% | |
| Lipschultz, Marc, Steven | Member | Jan 2024 (3y) | ≈ 9.38% – 37.5% via Cwc Trust Investors Llc | |
| Ostrover, Douglas, Irving | Member | Jan 2024 (3y) | ≈ 9.38% – 37.5% via Cwc Trust Investors Llc | |
| Simon, Lindsey, Helaine | Chief Compliance Officer | Mar 2024 (2y) | Less than 5% | |
| St. Onge, Kathryn, Mary | Chief Operating Officer & Managing Director, Investor Relations | Jul 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Constellation Wealth Capital Manager Holdings, Lp | Sole And Managing Member | Jun 2023 | A | 75% or more |
| Cwc Trust Investors Llc | Limited Partner | Jan 2024 | B | ≈ 18.75% – 50% via Constellation Wealth Capital Manager Holdings, Lp |
| Cwc Manager Llc | General Partner | Jun 2023 | B | GP / trustee / elected manager of Constellation Wealth Capital Manager Holdings, Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Heckenberg, Karl, Henry: 50% – 75% of Constellation Wealth Capital Manager Holdings, Lp × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Lipschultz, Marc, Steven: 50% – 75% of Cwc Trust Investors Llc × 25% – 50% of Constellation Wealth Capital Manager Holdings, Lp × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Ostrover, Douglas, Irving: 50% – 75% of Cwc Trust Investors Llc × 25% – 50% of Constellation Wealth Capital Manager Holdings, Lp × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Cwc Trust Investors Llc: 25% – 50% of Constellation Wealth Capital Manager Holdings, Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $550M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Constellation Wealth Capital Fund, L.P. | Private Equity Fund | $531M | $1.0M | 43 |
| Constellation Wealth Capital Fund A, L.P. | Private Equity Fund | $18.3M | $1.0M | 8 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.25 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • SEE SCHEDULE D - MISCELLANEOUS
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗