Ascension Point Capital, LLC.

619 Lake Ave, 3rd Fl, Asbury Park, NJ 07712 (732) 383-6765

Our Team

The Ascension Point Capital team was constructed to preserve the entrepreneurial spirit that has assisted owners in growing a successful enterprise. Through long-term employee, supplier, and customer partnerships, we will ensure that the entrepreneurs’ legacy grows hand in hand with business profitability.




Andrew Panico
Managing Partner
Andrew Panico is the Founder and Managing Principal of Ascension Point Capital, LLC and is responsible for the firm’s daily operations and deal sourcing pipeline. In conjunction with Ascension Point Capital’s investment, Andrew will join the firm’s current management team and help lead daily company operations.
Prior to founding Ascension Point Capital, Andrew was a Risk Management Associate in the Global Rates department of JPMorgan Chase’s Investment Bank where he was selected for the Associate Leadership Program. Andrew holds an MBA from the USC Marshall School of Business and a BA from Loyola University Maryland.
Andrew gained experience by partnering with entrepreneurial executives of middle market companies to provide access to growth capital through senior loans and revolving credit facilities as an Associate at City National Bank. During his time at USC he was a winning team member of the Silicon Valley Region’s 2013 Venture Capital Investment Competition and participant in the International Finals. He also sharpened his skills as a value investor during his participation as a Fund Manager in the Graduate Student Investment Fund Program.


Investor Group

Anacapa Partners
Relay Investments
Kinderhook Partners
Tomas Bergstrand
Rich Augustyn
Bill Egan
Craig Burr
Matthew Burr
Scott Asen
Peter Schober
Kent Weaver
Ted McCarthy
David Dodson
Jon Altschuler
Hunter Trust
Michael Miles
Jan Woitschaetzke
Rick Taketa
Ken Alston