What stage does Commonwealth Asset Management invest at?

Commonwealth Asset Management invests at the Seed, Series A stages.

What sectors does Commonwealth Asset Management focus on?

Commonwealth Asset Management focuses on Logistics & Supply Chain, PropTech.

Where is Commonwealth Asset Management located?

Commonwealth Asset Management is headquartered in Los Angeles, US.

Commonwealth Asset Management

Family office

Los Angeles · Seed–Series A · 4 people tracked

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Investment thesis

CWAM targets opportunistic returns through large-scale platform and entity-level real estate transactions, taking the GP or Operating Partner position. It focuses on real estate sectors with strong secular tailwinds and idiosyncratic inefficiencies that can be captured via creative, long-term investment strategies. The firm's real estate investment approach is grounded in a top-down macroeconomic view, believing it is uniquely positioned to leverage and inform its decision-making using both liquid and illiquid market indicators.

Invests inLogistics & Supply Chain PropTech Los Angeles United States

Source: firm website, verified Aug 11, 2026.

Stage

Seed–Series A

Los Angeles, US

Instruments

Equity · Debt

Founded

2019

Team · 4 people

from the firm's website

Adam Fisher· Founder and Chief Investment Officer· Los Angeles

Founder and CIO of CWAM with roughly 18 years building and leading investment management practices across public and private markets. Previously Global Head of Macro and Real Estate at a New York family office (Soros Fund Management), founded and ran global macro hedge fund Commonwealth Opportunity Capital, and co-founded property firms Orient Property Group and Irongate Capital Partners; holds a JD/MBA from Columbia.

David Kalk· Portfolio Manager, Global Macro

Joined the CWAM Platform as a portfolio manager for the Global Macro business in June 2020. Previously spent about eight years at Thiel Macro, where he became Chief Investment Officer, and earlier was a USD interest rate swaps trader at Goldman Sachs; holds a BS in Mechanical Engineering from MIT.

Peter Rumbold· President

Joined CWAM in June 2019 and oversees the firm's real estate investment activities, drawing on about 20 years across institutional real estate. Previously worked with Adam Fisher at a New York family office, and held roles at Winter Properties, Cerberus Real Estate Capital Management, Sterling American Property, and Bear Stearns; graduated from Emory University.

Oliver Walters· Chief Operating Officer

Joined CWAM in August 2021 as COO. Previously Deputy COO at the Dalio Family Office and spent 2012-2020 at JP Morgan in operations leadership roles across investment banking, risk, and wealth management, ending as Global Head of Risk Business Management for Asset & Wealth Management; earlier worked at Standard Chartered Bank and BNY Mellon.

Frequently asked questions

What stage does Commonwealth Asset Management invest at?: Commonwealth Asset Management invests at the Seed, Series A stages.
What sectors does Commonwealth Asset Management focus on?: Commonwealth Asset Management focuses on Logistics & Supply Chain, PropTech.
Where is Commonwealth Asset Management located?: Commonwealth Asset Management is headquartered in Los Angeles, US.

Media · Podcasts & interviews

featuring the team

Adam Fisher – Blending Global Macro and Real Estate at Commonwealth Asset Management (First...

Capital Allocators with Ted Seides · Adam Fisher

Images

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