Ascendant Capital, LLC is a Texas-based alternative investment firm. Jeffrey Schneider is the founder and chief executive officer of the company. In the past half a decade, the company has grown from two to more than 30 employees. During this period, the Jeffrey led-staff has managed to raise around $1 billion on behalf of various managers. Ascendant has many family offices and works with 250 investment advisors and more than 50 broker-dealers. Ascend has used the capital for the purchase of assets such as auto dealerships, real estate, technology companies.
The firm is experiencing growth, which is expected to accelerate in the coming months. This year they hope to raise around $50 million every month. Jeffrey says that considering the current state of markets, alternative investment is a great way of reducing volatility and diversifying holdings. The success of Ascendant Capital is influenced by the culture of trust and open dialogue between team members. The idea of transparency is what is making the firm one of the fastest growing in the U.S.
Jeffrey’s career has mostly been in the financial services sector. It was after earning a degree from the University of Massachusetts at Amherst that he began his long career. He started by working for financial services firms and gained experiences which would make him one of the leading personalities in the industry. The knowledge of alternative investment strategies and the ability to create relationships built on trust with clients proved to be the most valuable lessons Jeffrey learned while working for financial services firms. He worked at Paradigm Global Investors, Axiom Capital Management and Merrill Lynch, Alex Brown & Smith Barney. Mr. Schneider also learned the skill of analyzing managers which was vital when he established Ascend Capital.
Jeffrey is also a philanthropist. He is dedicated to helping the less fortunate in the society and works with some charitable organizations namely: the Gazelle Foundation, Cherokee Home for Children and Wonders and Worries. He is a fitness enthusiast and has participated in marathons, ironman, and half-ironmans. He also loves traveling and has been to many places in Europe, South America, and Asia. Mr. Schneider currently lives in Austin, Texas.