Capital Refinery
For family offices

Institutional-grade decision integrity for a small team.

Most family offices are running portfolios that look like an institutional book on a team that fits in one room. Capital Refinery is the layer that lets a five-person investment team govern decisions like a fifty-person one.

The family office reality

Five risks small teams carry that institutional teams do not.

UBS reports that direct deals now account for the largest share of family office private market exposure, with most offices running these books on teams of fewer than ten investment professionals. The structure compresses the entire investment workflow into a handful of people. That is the strength — and it is the structural risk.

What teams think they have
What actually happens
01An investment record that survives a key person leaving.
Institutional memory of why a deal was done living entirely in one principal's head.
02A monitoring layer that tells the family when a thesis is broken.
A quarterly call where the GP walks the family through last quarter's KPIs out of context.
03A governance trail that survives a generational handoff.
A shared drive of memos written for a committee that no longer exists.
04Continuous re-evaluation of every direct holding.
A reactive pivot when a portfolio company runs into trouble — not a proactive one.
05A unified view across direct deals and fund commitments.
Two completely different mental models, neither of which talks to the other.

UBS Global Family Office Report, 2024

What the platform does for family offices

Three things small teams have not had access to.

01 / 03

Continuity across the team

The investment record is the team's institutional memory.

Every IC decision is a structured record with its thesis, assumptions, and conditions. When a principal leaves, the next person inherits the actual reasoning — not a folder of slide decks.

02 / 03

Direct deals and funds in one record

Underwriting and monitoring share the same data model.

Direct holdings and LP commitments live in the same structured record. The platform tests both against the same continuously updating market and operator data, in one view, on one screen.

03 / 03

Decision validity without a 50-person team

The IC is small. The diagnostic does not have to be.

Capital Refinery runs the same decision integrity loop as institutional credit and PE — surfaced for a team that needs to make every minute count and cannot afford to miss the window.

Bring us a position.

A direct holding, an LP commitment, a co-invest. We'll show you the decision validity layer on the position you actually hold.