
Rafferty Holdings was founded in 1987 by Larry Rafferty and Tim Cohane. What began as Cohen Rafferty Securities has grown into a diversified investment company with market-leading operating businesses, a venture investment platform, and a real estate business, all built on the same principles that have guided us from the beginning: long-term thinking, disciplined execution, and trusted partnerships.
Our operating companies, including Direxion and Hilton Capital Management, weren't acquired. They were built. That experience gives us a perspective that can't be learned from the boardroom alone. We've faced the challenges of building businesses ourselves, and we bring those lessons to every founder and management team we partner with.
Nearly four decades later, our strategy has expanded, but our philosophy remains the same: build exceptional businesses, invest with conviction, and create lasting value through long-term relationships.