Rockefeller Capital Management, the wealth manager born from John D. Rockefeller's family office, has raised new funds from investment firms of other ultra-rich families, CNBC has learned.

On Tuesday, Rockefeller plans to announce the financing and its new valuation of $6.6 billion, up from $3 billion in 2023. The terms of the recapitalization, which traditionally use equity or debt to fund growth, strengthen the balance sheet, or provide liquidity to investors, were not disclosed.

The recapitalization was led by Mousse Partners, the family office of Chanel's owners; Progeny 3, a Kirkland, Washington-based firm built on a shipping fortune; and Abrams Capital, the hedge fund manager founded by David Abrams, a protege of The Baupost Group's Seth Klarman.

The Rockefeller family still owns

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