Hobe Mountain Capital Spins Out Of Declaration Capital
					By Amit Chowdhry ● Oct 16, 2025
					
					
					Hobe Mountain Capital, a newly formed private equity firm specializing in lower middle market secondary investments, has officially launched following its spinout from Declaration Capital, the family office of financier and philanthropist David M. Rubenstein. The new firm, founded by Alexa Rachlin and Todd Buys, seeks to capitalize on the rapid growth of the secondary investment market, particularly within smaller, fragmented segments that remain underserved by large funds.