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Declaration Capital is the Family Office of Private Equity titan, David Rubenstein, a co-founder of Carlyle Group. According to Bloomberg, Rubenstein has also funded an affiliate called Declaration Partners, which has wider ambitions. Declaration Partners makes direct private equity and real estate investments, including building platform businesses, providing growth equity capital, seeding early stage private funds and venture studios, and partnering with family-owned businesses. Brian Frank, former money manager at Michael Dell's MSD Partners, is running the unit, which focuses on venture, growth and family-owned businesses. Alexa Rachlin, Rubenstein's daughter who spent four years at Goldman Sachs private wealth management, is also part of the staff. Rubenstein, who's worth $2.8 billion, according to the Bloomberg Billionaires Index, is one of the most active philanthropists in the U.S. and hosts a Bloomberg Television show interviewing world leaders and business titans. The team has 170+ years of combined institutional investment experience.
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