About ADCO Group

The ADCO Group is a privately held family office based in New York, investing across a broad range of asset classes, including public equities, bonds, commercial real estate, and private equity. Committed to giving back, the family has contributed over $100 million through multiple foundations to support a diverse array of nonprofit initiatives.

Founded in 1960 by entrepreneur Alvin Dworman (1926-2023), ADCO initially focused on creating value through the acquisition and development of commercial real estate, building a portfolio spanning major US cities from San Francisco to New York. In the early 2000s, the firm began diversifying beyond real estate, and over the past decade, the next generation has expanded and reinvested to build a highly diversified portfolio across multiple asset classes.

Today, ADCO emphasizes disciplined asset allocation, guided by a global economic outlook, a rigorous assessment of risk versus reward, and a focus on preserving capital. Every investment decision is driven by a careful evaluation of risk-adjusted returns and how each opportunity complements the overall portfolio. Our core philosophy is simple: we invest in people as much as in ideas, recognizing that the strength of any organization ultimately lies in its people.

ADCO's back office is based in the New York area, while our investment team combines internal professionals with external advisors to provide deep expertise across all asset classes.