Jeffry Schneider is the founder of Ascendant Capital LLC, a boutique base in Austin. Jeffry has an extensive experience in the alternative investment industry having previously worked for Merrill Lynch, Alex Brown, and Smith Barney. Under his leadership, Ascendant Capital LLC has grown tremendously in the last five years expanding its employee base from just two to 30.
Jeffry Schneider began his career in financial services after graduating from the University of Massachusetts in his hometown of Manhattan. He gained an array of professional skills while working for various financial service firms, most notable being his keen knowledge of alternative investment strategies and his ability to build deep relationships with his clients. In 2002, Jeffry joined Paradigm Global Advisors, a fund of funds, where he learned an important skill in the ability to analyze managers. Utilizing his gained skills, Jeffry ventured into starting his company bringing together his knowledge in the alternative investment industry and his excellent relation with his clients.
Ascendant Capital is an alternative investment firm which sources its capital from funds which are frequently unavailable to investors like hedge funds and private equity. The company’s culture plays a remarkable role in its success, encouraging open dialogue and sense of trust among team members. This idea of transparency, a virtue Jeffry Schneider prides himself in, is extended to the company’s external contact. The company has a responsibility to fulfill its investor’s interests and sets this responsibility as its top priority.
Under Jeffry Schneider, Ascendant Capital has been on a growth stream, raising nearly $1 billion worth of capital on behalf of several managers. The company draws its success in the industry from the service of 50 broker-dealers, 250 investment advisors, and numerous family offices. The raised capital has been utilized to purchase auto dealerships, real estate, tech companies among other investments. Even with such incredible scorecard, the company is aiming to expand its operation further in the future.
In addition to his outstanding work at Ascendant Capital, Jeffry Schneider is a philanthropist committed to bettering the lives of the less fortunate. He cooperates closely with several charitable organizations like Cherokee Home for Children, the Gazelle Foundation and Wonders and Worries. Presently Jeffry Schneider lives in Austin, Texas.