Declaration Partners

Declaration Partners is a New York City-based investment management firm that functions as the family office of David M. Rubenstein, co-founder of The Carlyle Group. Established with a clear mandate for long-term value creation, the firm strategically deploys capital across a diverse range of asset classes, including tactical growth equity, venture capital, real estate, and opportunistic strategies. Leveraging its flexible capital base, Declaration Partners aims to forge partnerships with exceptional management teams and entrepreneurs, providing support to companies from early growth stages through to more mature expansion. This adaptable approach allows the firm to engage in various investment structures and stages, reflecting a patient and discerning method of capital deployment.

The firm's investment philosophy is centered on identifying and backing innovative companies that demonstrate strong potential for market disruption and sustainable growth. While their portfolio spans multiple sectors, a consistent theme is their focus on technology-driven businesses and high-growth enterprises. As of 2021, Declaration Partners managed more than $2 billion in assets, underscoring its substantial financial capacity and ability to make significant commitments. Their investment activities are characterized by a willingness to take meaningful stakes in companies, frequently participating in or leading substantial funding rounds.

Declaration Partners typically writes first checks ranging from approximately $10 million to $150 million, though their flexible mandate allows for variations based on the specific opportunity and stage. For instance, they notably led a $100 million Series C round for VAST Data, a data storage company, showcasing their capacity for significant lead investments in high-growth technology firms. Other prominent portfolio companies include Hyperscience and Attabotics, further illustrating their focus on innovative technology and logistics solutions. Their strategic approach, combined with the substantial capital base derived from a leading family office, positions Declaration Partners as a powerful and discerning investor in the global private markets.