CWC Fund II (MFA) is a private investment vehicle managed by Constellation Wealth Capital, a specialized investment firm founded by Karl Heckenberg that makes tailored investments in US wealth management firms. Constellation Wealth Capital (CWC) combines flexible capital solutions with strategic advisory services, targeting well-positioned registered investment advisors (RIAs) seeking to enhance their success while maintaining independence. CWC's approach emphasizes less leverage, longer time horizons, and hands-on support across growth initiatives, business management, technology operations, and investment platform expansion. The firm's investment committee includes Karl Heckenberg (President & Managing Partner), Pat McHugh (Partner, Head of Investments), Lisa Crafford (Managing Director, Head of Advisory), and Greg Lawton (Partner & Head of Investor Solutions), bringing deep sector expertise from institutions including Emigrant Partners, BNY Mellon | Pershing, and Wells Fargo.
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Karl Heckenberg
President & Managing Partner
Pat McHugh
Partner, Head of Investments
Lisa Crafford
Managing Director, Head of Advisory
Greg Lawton
Partner & Head of Investor Solutions
Katie St. Onge
Chief Operating Officer & Managing Director, Investor Solutions
Daniel O'Neil
Managing Director, Investments
Kane Petkovski
Vice President, Investments
Kunal Rajani
Associate
Amy Flourry
Director, Advisory
Erica Farber
Director, Advisory