David J. Adelman is the founder of Darco Capital, his Philadelphia-based family office. See portfolio, sector focus and contact routes.
David J. Adelman is the founder of Darco Capital, his Philadelphia-based family office, and serves as CEO of Campus Apartments while co-founding FS Investments, an alternative investment firm with over $38 billion in assets under management. Through Darco Capital, he has executed more than 90 venture and growth capital investments targeting early-stage and growth companies across climate tech, food, fintech, hospitality, sports, media, and consumer brands. His portfolio includes notable companies such as Cred.ai, Fanatics, Flowcode, Ollie Pets, Prolific Machines, Fleetzero, GoPuff, and Neutral Foods. Adelman frequently co-invests with high-profile partners including Bill Gates, Mark Cuban, LeBron James, and John Legend, often leading deals in sustainability-focused ventures like the carbon-neutral food company Neutral Foods. While specific check sizes and lead/follow distinctions are not publicly detailed, his track record spans investments from a $2,000 initial stake in Campus Apartments to multi-million dollar venture rounds. Adelman is recognized for his long-term commitment to Philadelphia civic development, including spearheading a proposed $1
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