Jeffry Schneider is the founder of Ascendant Capital LLC. This firm is based in Austin. The company raises funds for emerging and established alternative asset fund sponsors. Ascendant Capital LLC is well equipped with a wide range of education, marketing, sales and operational services. Over the years, the company has been providing clients with innovative financial structuring services. The company operates with a network of family offices, private banks, broker-dealers, and registered investment advisors. The firm is able to enhance its services through these public and private entities.
Schneider started his career in the financial services sector immediately after graduating from the University of Massachusetts. While working for several well-known financial services companies, Jeffry gained extensive experience and professional skills. Notably, Schneider was interested in the expansive alternative investment strategies. He developed great interpersonal skills, which allowed him to establish close working relationships with employees and the management. Later, it became easy for him to maintain cordial relationships with his clients.
In 2002, Schneider started working for Paradigm Global Advisors, which is a fund of funds. During his tenure, he gained a valuable skill of analyzing managers. To this end, Schneider opted to start his own venture. Through his new business, Ascendant Capital, he was able to use his knowledge concerning the alternative investment space and use his broad network to establish a large client base.
Under Schneider’s stewardship, Ascendant Capital has expanded rapidly in the past five years. From two employees, the company now has over thirty employees. Additionally, the corporation has raised about $ 1 billion on behalf of various managers. Presently, the company works with over 50 broker dealers, several family offices, and 250 investment advisors. The capital raised by Ascendant Capital has been invested in tech, real estate, and auto dealership companies. The firm is now on a growth trajectory. This year, Schneider and his company are planning to raise $50 million each month.
Jeffry Schneider notes that alternative investments provide a great way to reduce volatility and diversify one’s shareholdings. He has created a company culture that encourages open dialogue between team members. To this end, the Ascendant Capital continues to provide meaningful solutions to clients’ problems. Schneider says that people should invest in alternative assets.