PermCap Investment Office

Investor profile

PermCap Investment Office is a Charleston, South Carolina-based multi-family office, registered investment advisor, and outsourced CIO platform. Established in 2011, the firm invests and manages the wealth of multi-generational high-net-worth families, endowments, foundations, faith-based institutions, and other institutional clients. The family office presence is based in Charleston, but the firm is headquartered in New York City, with an additional office located in Solana Beach, California. Since inception, PermCap has served as the dedicated family office to investor Joe Steinberg, while expanding into a broader multi-client platform. The firm delivers personalized services, including investment management, co-investment coordination, consolidated reporting, tax coordination, property management, family governance, and succession planning. PermCap engages independent managers through sub-advisory agreements, conducting rigorous manager research, due diligence, and ongoing monitoring, providing their clients with transparency. PermCap's asset class focus spans global public equities, fixed income, commingled funds, hedge funds, private market strategies, pooled investment vehicles, and other alternative investments implemented through an OCIO model. The firm constructs customized portfolios aligned with client-specific investment policy statements, risk tolerances, and liquidity needs. While the firm supports clients executing direct investments, including real estate and operating business acquisitions, it primarily acts as fiduciary overseer and external manager selector rather than a principal direct private equity sponsor. Geographic exposure is global, reflecting the needs of U.S.-based families and institutions investing across domestic and international markets. As a multi-family office and institutional allocator, PermCap emphasizes portfolio diversification, disciplined risk management, capital preservation and long-term compounding for intergenerational wealth transfer.