Associated Capital Group (NYSE:AC) (NYSE: AC) is a diversified investment holding company that manages a mix of publicly traded securities and private equity interests. Founded in 1927 and headquartered in New York City, the firm combines a long‐term value investing philosophy with hands‐on management of its wholly owned businesses. Its investment portfolio spans multiple sectors, including energy, financial services, healthcare and technology, and is actively managed to capitalize on market dislocations and special situations.
In addition to its securities portfolio, Associated Capital Group owns and operates businesses through wholly owned subsidiaries. Prominent among these is ChemRisk, a global consulting firm specializing in environmental, health and safety risk assessment and litigation support for clients in industries such as chemicals, pharmaceuticals and manufacturing. By integrating operating companies alongside its marketable securities holdings, Associated Capital Group seeks to generate diversified sources of returns that are less correlated to broad market movements.
Throughout its history, Associated Capital Group has maintained a commitment to independent research, disciplined risk management and low corporate overhead. The company went public on the New York Stock Exchange in the 1980s, providing retail and institutional shareholders with transparent access to its investment activities. Over the decades, it has weathered multiple market cycles by emphasizing capital preservation, identifying undervalued assets and deploying patient capital into both public and private markets.
Leadership and strategic direction at Associated Capital Group are overseen by Michael R. Gross, the company’s Chairman and Chief Executive Officer, who represents the third generation of the founding family to guide the firm. While based in New York, the company evaluates opportunities worldwide and serves a broad spectrum of institutional partners through its consulting subsidiary. With a history spanning nearly a century, the firm continues to blend investment expertise with operational management in pursuit of sustainable, long‐term growth.
